Energy Transition Strategy for Oil & Gas Companies

Overview

Oil and gas companies face a strategic question that will shape the next three decades: how to remain profitable while the world moves towards lower-carbon energy. There is no single answer, and companies are pursuing very different paths, from focusing on low-cost, low-emission hydrocarbons to building large renewable, hydrogen and carbon capture businesses. This course helps leaders and planners think clearly about those choices. It reviews energy demand scenarios and policy drivers, explains how to measure and reduce Scope 1, 2 and 3 emissions, and examines the economics of the main transition technologies. Participants then explore portfolio strategy, capital allocation under uncertainty, investor and regulatory expectations, and the organisational changes that transition requires. The goal is a balanced, evidence-based view rather than advocacy for any single pathway.

Objectives

• Interpret major energy transition scenarios and their assumptions
• Explain the policy, market and investor drivers of decarbonisation
• Measure and reduce Scope 1, 2 and 3 greenhouse gas emissions
• Compare the economics of renewables, hydrogen, CCUS and low-carbon fuels
• Evaluate portfolio strategies for oil and gas companies
• Apply scenario planning to capital allocation decisions
• Identify the organisational capabilities needed for transition
• Communicate transition strategy credibly to stakeholders

Who should attend

Training methodology

The course is run as a facilitated workshop. Short expert inputs on scenarios, technologies and economics are followed by structured discussions and team exercises. Participants calculate an emissions baseline for a sample company, compare abatement options on a marginal cost curve, and test portfolio choices against several scenarios. Published strategies of international and national oil companies are analysed side by side. On the final day teams present a transition roadmap for a fictional company and defend it under questioning.

Programme outline

Dates and fees

Fees are in GBP. per delegate.

Certificate

Frequently asked questions