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Thematic Analysis
Energy Transition Strategies of Oil and Gas Contractors: Strategic Intelligence
Contractors would play a pivotal role in enabling their clients-primarily oil & gas companies-to implement sustainable energy solutions. All major contractors have announced strategies for cutting their emissions to fulfill the decarbonization pledges of their headquartered countries. Contractors are turning to low-carbon energy sources-including hydrogen, renewable power, and bioenergy-to achieve net zero in Scope 1 and Scope 2 emissions. Contractors are also expanding their portfolio offerings to include core technologies, such as carbon capture, utilization and storage (CCUS), energy recovery,...
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