Global Oil and Gas (O&G) Service Energy Transition Growth Opportunities for Companies 2023-2030 Featuring Halliburton, Baker Hughes, SLB, Emerson, ABB, Honeywell, Rockwell Automation, and Saipem

DUBLIN, Dec. 8, 2023 /PRNewswire/ — The “Energy Transition Growth Opportunities for Oil and Gas (O&G) Service Companies, 2023” report has been added to  ResearchAndMarkets.com’s offering.

This report studies the innovations and strategies of major O&G service companies around six key pillars of the energy transition: automation; renewable energy; hydrogen production; carbon capture, utilization, and storage; process electrification; and emissions management. The study period is 2020-2030, and the forecast period is 2023-2030, using 2022 as the base year.

Energy transition, which refers to the shift from fossil fuel-based systems to zero-carbon solutions, is a complex process for the global energy industry, including suppliers and users. Timelines for eliminating carbon from energy systems vary by region, but most goals – including the Paris Agreement – focus on achieving net zero by the second half of the 21st century.

O&G service and solution companies are at the forefront of change and driving innovation to bring new decarbonization solutions to markets worldwide. The O&G industry has a major negative environmental impact because of its production and use of fossil fuels and the high volume of carbon emissions produced from daily activities. The industry is under pressure to transform by finding ways to address global energy demand growth while reducing its environmental toll.

Key Topics Covered:

Strategic Imperatives

Why is it Increasingly Difficult to Grow?The Strategic Imperative The Impact of the Top 3 Strategic Imperatives on the Energy Transition in the Global O&G IndustryGrowth Opportunities Fuel the Growth Pipeline Engine

Research Scope, Objectives, Methodology, and Background

Market Definitions

Growth Environment – Energy Transition

Energy Transition PillarsEnergy Transition Progress by Key Growth PillarEnergy Transition Progress by Key RegionEnergy Transition Progress by CompanyTransition Pillar 1 – Emissions ManagementTransition Pillar 2 – AutomationTransition Pillar 3 – ElectrificationTransition Pillar 4 – Renewable EnergyTransition Pillar 5 – HydrogenTransition Pillar 6 – CCUS

Company Profiles

HalliburtonBaker HughesSLBEmersonABBHoneywellRockwell AutomationSaipem

Growth Opportunity Universe

Growth Opportunity 1: PEMS for Emissions ManagementGrowth Opportunity 2: Automation Technologies Applied to Drilling Process for Efficiency OptimizationGrowth Opportunity 3: Floating Wind Farms for Offshore ElectrificationGrowth Opportunity 4: Floating Solar EnergyGrowth Opportunity 5: DAC as a Carbon Capture AlternativeGrowth Opportunity 6: Advanced Electrolysis for Hydrogen Scalability

For more information about this report visit https://www.researchandmarkets.com/r/3ywdhb

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