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Decarbonization, digital transformation, and technology innovation have accelerated significantly in the past five years. The global energy industry is experiencing an unprecedented transition, and this change is bringing exciting new growth opportunities to the oil and gas (O&G) sector. Digital technology and new business models are driving the...

There is growing pressure on the global power sector to decarbonize, which in turn puts pressure on new investment in coal-fired power generation. Energy security is a significant mega trend, whose importance is heightened by the Russo-Ukrainian War and the resulting disruption in the global power market. Many of the traditional high coal dependenc...

2023 was a record-breaking year for power generation investment, with $864.6 billion committed to global projects. Climate obligations and supportive regulations are the mainstays of global growth. While China has significantly increased its renewable targets in recent years (partly to support domestic technology companies), the US' Inflation Reduc...

The energy sector is shifting to sustainable and green resources; as a result, the share of renewables in the power generation mix is rising. However, this presents another challenge for the power industry; renewable sources are intermittent, which pressurizes the power transmission and distribution (T&D) industry to maintain power supply in line w...

12 Jun 2023  |  Global  |  Market Research

Global Oil and Gas Industry Automation Growth Opportunities

Disruptive Technologies Driving Efficiency, Safety, and Sustainability in Upstream Operations

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The global oil and gas market is currently going through an unprecedented transformation triggered by efforts to reduce carbon emissions and rely on more renewable and environmentally friendly energy sources for the future. The digitalization and automation of processes accompanying this shift represent enormous opportunities, and the market is poi...

Technological and digital trends are transforming the oil and gas industry. Main players commonly choose operational technologies (OTs) to carry out the automation of their oil and gas processes; however, newer technologies, such as AI, IoT, and robotics are starting to gain more relevance in the industry. Oil and gas companies have adopted automat...

Decarbonization, digital transformation, and technology innovation have accelerated significantly in the past 5 years. The global energy industry is experiencing an unprecedented transition, and this change is bringing exciting new growth opportunities to the oil and gas (O&G) industry. Digital technology and new business models are driving O&G opt...

The global energy industry is going through an unprecedented transition period, and this change is bringing exciting new growth opportunities to the oil and gas (O&G) sector. However, the shift to a net-zero future for carbon emissions means many companies are also facing pricing, energy security, and industry disruption struggles. The energy indus...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on innovations in drilling automation, lead detection technology, downhole monitoring, cryogenic processing, enhanced oil monitoring, methane leak detection, among others.The Oil and Gas TOE provides intelligence on innovations pertaining to technologies, prod...