Search results for: 'meet'

An electricity grid is one of the most complex networks and includes many systems and components. The increasing power demand is driving utilities and companies to design networks that can be effectively managed and controlled, resulting in a highly complex and intricate system. To meet this need, utilities require tools, such as intelligent electr...

As decarbonization strategies gather pace across industries, the electrification of processes in the oil and gas (O&G) industry is emerging as a pillar of growth opportunity and innovation. Frost & Sullivan has identified a complex and dynamic value chain and set of process steps where opportunities await. Despite the significant potential to ...

12 Jun 2025  |  Global  |  Market Outlook

Global Oil and Gas Industry Outlook and Growth Opportunities, 2025

Transformative Megatrends Drive Oil and Gas Companies to Digitize and Implement Decarbonization Initiatives

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The global energy industry is undergoing an unprecedented transition, bringing exciting new growth opportunities to the oil and gas (O&G) industry. However, shifting to a net-zero future for carbon emissions means many companies struggle with pricing, energy security, pace of change, conflicting priorities, and industry disruption.As the industry m...

The industry faced significant challenges in 2023, as the ripple effect of supply chain and logistical issues echoed throughout the industry, which struggled to meet the strong demand for transmission and distribution (T&D) equipment. Despite supply chain challenges and economic uncertainty, the pressing need for grid modernization to meet the requ...

The global energy industry is undergoing an unprecedented transition, bringing exciting new growth opportunities to the oil and gas (O&G) industry. However, shifting to a net-zero future for carbon emissions means many companies face pricing, energy security, and industry disruption struggles. As the industry moves to meet decarbonization and su...

12 Jun 2024  |  Global  |  Market Outlook

Global Oil and Gas Industry Outlook and Growth Opportunities, 2024

Transformative Megatrends Drive Oil and Gas Companies to Digitize and Implement Decarbonization Initiatives

Infographics

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The global energy industry is undergoing an unprecedented transition, bringing exciting new growth opportunities to the oil and gas (O&G) industry. However, shifting to a net-zero future for carbon emissions means many companies struggle with pricing, energy security, and industry disruption. As the industry moves to meet decarbonization and sus...

In the globalized world, the oil and gas (O&G) industry relies on information technology (IT) to meet its business goals. The O&G industry has realized that IT is the key to manage future oil platforms, and also for an efficient production of existing reserves. The need for a collaborative environment is expected to be a prerequisite in the near fu...

Steel, an alloy of two metals – iron and carbon – is extensively used in the energy industry. Steel meets many demanding applications in the energy sector as well, supplying the industry with high performance steel for various applications. In power generation and distribution, steel is used in transformers, generators and electric motors. In nucle...

Energy generation is the most crucial building block of a country’s economic development and a key determinant of its progress. Population growth requires a higher degree of economic development, which directly requires more energy to be generated. To meet the rising energy demands, the energy sector is under pressure to expand rapidly as countries...