Emerging market innovations offer the field development template for solving the West’s energy crisis
UK and EU pledges to phase out Russian oil and gas products by 2022 and a spiralling energy price crisis across the West have sparked a dash for new oil and gas, as other countries race to fill the vacuum.
This represents an opportunity to turbocharge social and economic development across markets with abundant oil and gas resources, from West Africa to South America. Historical energy trading relations and existing pipeline infrastructure between Europe and Africa mean the continent is ideally positioned to support current demand.
Meeting this opportunity will require innovations capable of maximising the speed and cost-efficiency of production in emerging markets. The solution is applying intelligent engineering to create minimalist, modular and flexible field development solutions that are designed for in-country fabrication, installation, and maintenance with limited demand on local resources.
Download our latest article to discover how intelligent engineering can efficiently plug the gap in Europe’s energy supply and offer a sustainable path to economic progress and energy autonomy for markets across the world.