Oil & gas consulting services industry in India is currently at the peak with the range of positive factors like development of energy sector, policy changes and improvement of technological sphere. This market, which is highly unpredictable, is currently experiencing a surge in demand for consulting services especially for issues that require solutions and to capitalize on new opportunities. The accelerated growth of India in the oil and gas sector is stimulated by the process of industrialization and urbanization that is fostering the investments. With the goal of bringing more diversity in the energy mix, and reducing the import dependence, the attention is being diverted to exploration and production, infrastructure development, and improving the supply chain.
The policy reforms that aim at investment attraction, deregulation, and making the business environment favourable have been a strong push for both the indigenous and international companies that are active in oil and gas industry. The policies have drawn the private sector into the process and have enhanced the number of the exploration and extraction activities. Furthermore, the digital technologies adoption is transforming the oil and gas sector, as they enable the process optimization and cost saving. It is digital transformation, data analytics, and cybersecurity consultancies that companies are usually after as they have the capabilities to ensure that technology is leveraged for increased productivity, risk minimization, and compliance with regulations. Moreover, cleaner energy sources and sustainability issues are getting more attention in the oil and gas consultancy market.
In this issue, we acquaint you with the top companies in this field. After studying the industry landscape in-depth, Industry Outlook has zeroed in on the top ones that have excelled with their meticulous approach. Having proven their dedication in order to meet the customer’s expectations in an end-to-end manner, these companies have stood out from the crowd.
We look forward to receiving your feedback and suggestions.