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Technipfmc equity research - oilfield services in a decarbonised economy
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In today’s world there persist an ever-increasing focus on environmental science and the impact the burning of fossil fuels and the resulting carbon emission have on climate. Therefore, there is a push by government as well as citizens to find cleaner energy alternatives such as Liquified Natural Gas(LNG) and Renewable energy sources. For many organizations operating in oil & gas related fields, such as Oilfield services this creates dim future prospects. Therefore, in the following text the implications of the in creased attention of carbon emissions and the resulting energy transition are examined with focus on the Oilfield services company TechnipFMC
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Energy transition Oil & gas Oilfield services Technipfmc