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For upstream oil & gas companies, the energy transition poses a challenge to plan for a future of uncertain future oil and gas demand, coupled with increased scrutiny by their investors to manage that uncertainty as well as lowering carbon footprint of operations.
E&P companies are responding by applying technologies to reduce emissions; maintaining cost leadership through project development innovations and digitalization, while focusing their portfolios on their highest performing areas. For further insights on this topic, watch the interview with Paul Markwell, vp of global upstream oil & gas insights:
Paul Markwell is the vice president of global upstream oil & gas insights at IHS Markit.
