Production & Distribution
A successful energy transition will make the O&G industry as we know it today disappear – at least 90% of it. This industry holds billions of dollars of assets, and millions of jobs, and as societies, we can’t afford a simple write-off. Besides, an energy transition relying solely on electrification would face serious power bottlenecking issues.
Instead, we should leverage the O&G companies who have a lot of the expertise, the potential to help improve the cost and performance of clean fuels value chains, and the organizational capabilities to manage such operations. A successful energy transition will have to move around clean(er) gaseous & liquid fuel amounts like the O&G volumes of today. As a society, we should open long-term market opportunities and repurpose the O&G industry.
O&G players must prepare to address several challenges and pursue several opportunities for which Pyonnier can provide support