DUBLIN–(BUSINESS WIRE)–The “Global Oil and Gas Industry Outlook, 2023” report has been added to ResearchAndMarkets.com’s offering.
The analyst’s oil and gas team specifically works to identify substantial transformative trends, innovations, and growth opportunities. This study provides a detailed evaluation of the main transformational trends and growth opportunities that are expected to see shaping the O&G industry throughout 2023. The study period is 2022-2035, with 2022 as the base year and 2023-2035 as the forecast period.
In the ever-evolving landscape of the global energy industry, particularly in the oil and gas (O&G) sector, transformative growth and innovation are on the horizon. The journey towards a net-zero carbon future presents a spectrum of opportunities and distinct challenges, including market pricing pressures, potential energy security concerns, and industry-disrupting factors. Navigating these intricacies demands precision, foresight, and strategic acumen.
This in-depth market research report takes a deep dive into this intricate terrain. By pinpointing five pillars of opportunity amid the energy transition – Carbon Capture, Utilization, and Storage (CCUS); Emissions Management; Automation, Autonomy, and Augmentation; Upstream Electrification; and Future Fuels – it provides a blueprint for capitalizing on this new energy epoch. It elucidates the art of balancing the immediate needs for fossil fuels with sustainable practices and the journey towards achieving net-zero emissions.
Adapting to shifting competitive dynamics, spurred by innovation and disruptive business models, this report equips you with the insights essential for thriving in the evolving O&G marketplace. Encompassing critical regions like North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa, this comprehensive study offers a global perspective, invaluable for senior executives with vested interests in the O&G industry’s future.
The global energy sector is experiencing an unparalleled transformation, ushering in exciting growth prospects for the oil and gas (O&G) industry. However, the transition to a net-zero carbon emissions future introduces significant challenges for companies, including pricing pressures, energy security concerns, and industry disruptions.
As the industry endeavors to meet decarbonization and sustainability objectives, this report identifies five essential pillars of opportunity within the energy transition: Carbon Capture, Utilization, and Storage (CCUS); Emissions Management; Automation, Autonomy, and Augmentation; Upstream Electrification; and Future Fuels. Simultaneously, the O&G sector faces the ongoing challenge of reconciling the shift to net-zero emissions with the current demand for fossil fuels, requiring efficient and sustainable practices.
Furthermore, the competitive landscape of the future O&G industry is evolving rapidly, driven by innovation, market transformation, ambitious sustainability targets, and disruptive business models.
Growth Opportunity Universe
- Growth Opportunity 1: Negative-emission Technologies for Achieving the Net-zero Target
- Growth Opportunity 2: Modularization of CCUS Plants for Small Industries with Fewer CO2 Emissions
- Growth Opportunity 3: CCUS Clusters and Hubs for Integrating Different Industrial Clusters
- Growth Opportunity 4: Floating Storage Regasification Units (FSRUs) for Rapid Supply of LNG in Europe
- Growth Opportunity 5: Increased DER and BESS Integration to Drive Electrification Technology Adoption
- Growth Opportunity 6: Blending Blue Hydrogen in Existing NG Pipelines
- Growth Opportunity 7: AI as a Tool to Achieve Sustainability
- Growth Opportunity 8: Robotics for Subsea Automation
- Growth Opportunity 9: IoT for Boosting Efficiency and Accuracy
Key Topics Covered:
1. Strategic Imperatives
- Why Is It Increasingly Difficult to Grow?
- The Strategic Imperative
- The Impact of the Top 3 Strategic Imperatives on the Oil and Gas Industry
- Growth Opportunities Fuel the Growth Pipeline Engine
2. Growth Environment
- 2022 Highlights of the Global Oil and Gas Industry
- Top 7 Oil and Gas Predictions for 2023
- 2022 Key Performance Indicators
- 2023 Oil and Gas KPIs: Forecast
- Trends and Events in Historical Prices for WTI and Brent
- Global Average Rig Count vs Benchmark Crude Oil Prices
- Global Oil and Gas Industry Upstream CAPEX
3. Research Scope and Segmentation
- Project Scope
4. Global Oil and Gas Outlook
- Market Trends
- Trend 1: CCUS an Important Equation in Decarbonization
- Growth Environment: CCUS Landscape in the Americas
- Growth Environment: CCUS Landscape in Europe
- Growth Environment: CCUS Landscape in APAC
- Growth Environment: CCUS Landscape in MEA
- CCUS Growth Opportunity Areas
- Trend 2: Role of LNG in the Energy Spectrum
- Progress on Developing Lower-emission LNG Technologies
- Trend 3: Industrial Electrification as a Decarbonization Pathway
- Trend 4: Rise of the Hydrogen Economy
- Trend 5: Oil and Gas Automation
- Trend 6: Emissions Management
5. Oil and Gas Upstream Segment Outlook
- Top 8 Upstream Oil and Gas Predictions for 2023
- Oil Production Forecast
- Dry Gas Production Forecast
- Oil and Gas Upstream CAPEX Investments
6. Regional Predictions 2023
- 2023 Oil and Gas Predictions: North America
- 2023 Oil and Gas Predictions: Latin America
- 2023 Oil and Gas Predictions: Europe
- 2023 Oil and Gas Predictions: MEA
- 2023 Oil and Gas Predictions: Asia-Pacific
- 2023 Oil and Gas Predictions: Russia and CIS
For more information about this report visit https://www.researchandmarkets.com/r/r4j0we
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