Turmoil and Transformation: The Outlook for the Oil and Gas Industry in 2021

Drawing on DNV GL’s annual survey of more than 1,000 senior oil and gas professionals, Turmoil and Transformation explores the outlook for the oil and gas industry in 2021.

The research finds that the oil and gas industry expects to boost investment in the energy systems of the future this year, as companies seek to transform for the long term. Transformational investments come despite a crash in confidence for industry growth and reinvigorated cost cutting. As the industry recovers from deep market turmoil, it is forging its own future.

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