Key drivers behind company’s decision to diversify from oil & gas into renewables
1. Gradual evolution or a bold strategic pivot: How will the company’s energy mix evolve over the next decade?
2. What have been the main challenges in repositioning the business: major financial and commercial hurdles in entering the renewable energy sector
3. Leveraging existing oil & gas expertise, infrastructure, and adapting the workforce into renewables (reskilling)
4. Technologies that have played a significant role in the diversification journey