Oil & gas prices remained elevated this year, with supply disruptions caused by geopolitical issues and soaring demand. While the changes in supply-demand dynamics led to significant volatility, energy companies thrived.
According to a study cited by Reuters, high energy prices could almost double the free cash from operations of oil producers this year. The global oil and gas EPC market size is expected to grow at 7.2% CAGR to reach $80.77 billion by 2029.
