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Driving change
The future
Meeting our needs for energy, materials and climate change
COP 21Ambitious
targets$16 trillion
spend
60% of global power by 2040
$23 trillion on energy efficiency
150m electric vehicles by 2040
Composites worth $105bn by 2021
More than power, heat and transport
Heating and transport:
50% - 60%
Industrial: 20% - 40%
Non energy: 10% - 20%
Critical feedstock
6,000 everyday
items
Agriculture to plastics
195countries
Oil demand up 11% by 2040
Gas demand up 33% by 2040
21st century oil and gas
Technology can transform the oil and gas industry for the low carbon future
Exciting transformation
New technology, new thinking and new behaviours
Market-ready products at
source
Gas delivering
power direct to the grid
Low carbon oil and gas
Reduced carbon footprint
Automated working New skills and learning
Enabling MER UK
Inspiring, accelerating and funding technology innovation
Reduce the cost of wells by 50%
Unlock the 3.4 boe in 210 small pools
Eliminate vessel inspection by 2025
Wells
Small Pools
Asset Integrity