Outlook 2022: Digitalisation holds the key

Decarbonising existing and future energy production can be achieved only through technological innovation

Demand for oil and gas has spiralled as the world’s economies recover from their pandemic-induced slumber, with many countries increasing their output to support the recovery. While debates continue about future demand levels, there is consensus that traditional hydrocarbons will continue to be required for decades to come. The IEA highlights that, even under the most ambitious energy transition scenarios, oil and gas will be needed up to and beyond 2050. Against that backdrop, the spotlight shines ever brighter on the efforts of governments and operators to deliver on their net-zero ambitions. And companies are increasingly turning to digital technologies to decarbonise operations and help