Survive & Thrive VII by The EIC is out now!

In this edition of Survive & Thrive VII, with 96 member companies interviewed, we highlight several key findings:

• The energy supply chain is shifting into oil and gas, triggered by a lack of consistent and profitable work in green projects, raising concerns that net zero 2050 commitments will be delayed.
• Oil and gas markets are experiencing a period of significant growth, which paints a picture that oil and projects are more likely to proceed with full funding, compared to renewable and transition technologies.
• Net zero jeopardy is a key revelation. New approaches and adult discussion are urgently needed or net zero goals will be missed.
• Leaders believe they are safe from the impacts of recession when active with oil and gas, compared to more vulnerable sectors.
• The least used and hardest growth strategy remains the development of new export and international markets.
• There is a skills shortage concern, but not yet a skills crisis, with businesses still able to meet their growth commitments with the resources.