Our World is Being Transformed
It is predicted that by 2050, about 64% of the developing world and 86% of the developed world will be urbanized. This rapid growth will directly correlate to major increases in energy consumption. As a result, the requirement to drastically improve demand for the energy resources will be of greater necessity.
Improving the recovery factors from existing discovered fields will undoubtedly be a key avenue to meet this future energy demand. In addition, smarter exploration technologies and workflows will highly aid the reserve replacement factors. The previous two approaches will require sharper understanding of your wells, reservoir and fields.
Bringing our traditional oil and gas consultancy capabilities from TARGET Professional Services together with our desire to maximise asset performance in TARGET Asset Management and utilising our ground-breaking technology developed by TARGET Digital Transformation, we believe we can work with clients to meet the future of global demand.