As global population and energy use grows, there continues to be a demand for oil and gas and their related products. But with the challenge of achieving net zero by 2050, a focus on hydrocarbons is being replaced by a focus on energy. Many oil and gas companies are taking stakes in renewable energy and other parts of the electrification value chain as well as the emerging hydrogen economy. It is clear big transformations are afoot.
We are on hand to help companies chart their journeys and time their moves in the energy transition as well as deliver wider transformation. Our oil and gas centres of excellence in London and Aberdeen work closely with teams across PwC to deliver professional services to companies of all sizes. And because we are able to draw on a wide pool of cross-sector and international talent, we are well-placed to advise on wider energy and global projects.