target audience: TECH SUPPLIER  Publication date: May 2024 - Document type: Market Perspective - Doc  Document number: # US51559624

Worldwide O&G Industry Quarterly Update: January-March 2024

By:  Gaurav Verma Loading


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This IDC Market Perspective provides an overview of the O&G industry in 1Q24. 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.

"The surge in AI/GenAI investments in the O&G industry signifies a pivotal shift toward an ever-growing need for process efficiency, and workers' productivity, marking a transformative journey toward a sustainable business," said Gaurav Verma, research manager, IDC Energy Insights.


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