target audience: TECH SUPPLIER Publication date: Feb 2024 - Document type: Market Perspective - Doc Document number: # US51559524
Worldwide O&G Industry Quarterly Update: October-December 2023
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Abstract
This IDC Market Perspective provides an overview of the O&G industry in 4Q23. It covers M&As, agreements, reorganizations, and major business developments; upstream, midstream, and downstream deals; global LNG contracts; EPC deals; major ICT ecosystem acquisitions and agreements; and ICT contract wins.
"Amid the growing external push for stronger climate policies and promises of achieving net-zero emissions, oil and gas companies' technology adoption will increasingly be driven by their needs for navigating the energy transition effectively and efficiently," said Gaurav Verma, research manager, IDC Energy Insights.