Energy Transition

AB Consult International; https://www.abconsultinternational.com/

The energy transition is not accelerating at the expected pace. Non -Oil and Gas Energy
business has reduced from 34% to 32%. Negative growth of 2%.
Since 2022, the overall picture of transition is unchanged.
By 2030 companies expect more of their business to be non-oil and gas. However, the same
companies expect that Oil and Gas will form the bulk of their activity.