Insight
Oilfield services industry: how is the emergence of CCUS impacting the landscape?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
With the energy transition well underway, the OFS industry has a vital role to play and is faced with the challenge to adapt. The Majors are involved in 117 projects accounting for at least US$60 billion* of investment. CCUS has a complex value chain, offering the OFS industry multiple opportunities beyond storage. Carbon capture, the most expensive step in the CCUS value chain, stays largely dominated by climate tech companies. Schlumberger and Baker Hughes have dedicated verticals for new energies and CCUS. Halliburton is mostly focused on leveraging core competencies for the energy transition. Big OFS unique approaches to collaboration should promote technological advancements in the CCUS industry. Stronger engagement with governments and NOCs supporting their decarbonization efforts, is expected in the future.
Table of contents
- The Majors: shaping the energy transition landscape
- Understanding the CCUS value chain and its opportunities
- OFS: repositioning to support net zero
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
How offshore companies are structurally changing the competitive landscape
Consolidation, alliances, diversified business models, together with market tightness have helped suppliers regain pricing power.
$1,350
Insight
Strategic ventures in upstream: through the looking glass
An in-depth look at the new wave of upstream strategic ventures: what are they, why do companies create them, do they work?
$1,350
Insight
Sub Saharan Africa Upstream London Briefing 2016
How is the upstream industry responding to lower oil prices and what are the opportunities available to upstream players in the region?
$1,350
