BDO 2023 Oil and Gas Predictions
17 October 2019
2023: The near future of oil & gas
In BDO’s 2023: The Near Future of Oil & Gas, BDO’s Oil & Gas leaders around the world make 5 predictions for the global sector by 2023. The predictions include:
- Nanotechnology will be a key driver of innovation and efficiency at every stage in the oil & gas lifecycle.
- Companies will substantially increase their investments in cybersecurity as the digital oilfield market surpasses $20 billion.
- Nearly half of all oil & gas contracts will use blockchain technology, reducing the number of disputes.
Country-specific predictions from BDO sector leaders in the U.S., U.K., Saudi Arabia, Australia and Canada appear in the report as well.
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