White Paper

The Role of Technology in Energy Diversification for Oil and Gas Companies

The Role of Technology in Energy Diversification for Oil and Gas Companies

Pages 16 Pages

Oil and gas companies face mounting pressures for energy diversification, driven by policies, regulations, societal demands, economic shifts, and technological advances. Challenges include outdated legacy technologies, rigid infrastructure, and workforce skill gaps, complicating transitions for international and national oil companies amid forward and reverse trends. IFS software plays a pivotal role, providing agile, integrated platforms that modernize operations, bridge legacy systems with renewables, upskill teams through intuitive tools, and streamline diversification efforts—enabling seamless management of diverse energy portfolios for enhanced efficiency, compliance, and sustainable growth.

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