target audience: TECH SUPPLIER Publication date: Nov 2023 - Document type: Market Perspective - Doc Document number: # EUR151361723
Worldwide O&G Industry Quarterly Update: July–September 2023
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Abstract
This IDC Market Perspective provides an overview of the O&G industry in 3Q23. 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.
"Globally, O&G companies are carefully navigating the path of maintaining sustainable core operations while venturing into the low-carbon sector. This delicate balance is the driving force behind their tech investments, which will continue to evolve," said Gaurav Verma, research manager, IDC Energy Insights.