Oil and gas EPCs prepare for energy transition

04 November 2020 – According to data and analytics company GlobalData, leading oil and gas engineering, procurement, and construction (EPC) companies are increasingly shifting their strategies towards cleaner energy segments.   Major oil and gas EPCs have traditionally relied on projects within the oil and gas value chain, building relatively little exposure to renewables. However, with a bleak investment outlook for the sector post-Covid-19 and major oil and gas companies making strategic shifts for the energy transition, these EPCs are looking to renewables and other clean energy sectors for future growth. According to Will Scargill, managing oil & gas analyst at GlobalData, […]

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