This study presents the global oil and gas industry as a primary source of energy. Various challenges faced by today’s oil and gas companies in this ever-changing environment are discussed in detail, such as how the industry is structured and how the competitive structure has evolved over the study period.
Additionally, technology as the key driver is discussed in detail. Some major trends observed in the development of technology are briefly discussed, and key solutions such as digital oilfields, integrated asset management, intelligent well development, and integrity management knowledge are presented.
