The future of oil and gas - safer, smarter and cleaner.

Image Thumbnail


Oil and Gas: 2022 must be the year of action

Accelerating the reinvention journey in oil and gas

Most oil and gas companies realize the need to transform to achieve profitability and stay relevant during and after the energy transition. Yet, many still struggle to understand what transformation will mean to their business.

Our inaugural Oil and Gas Reinvention Index research suggests that transformation will not be enough. Reinvention is needed. And that reinvention must be anchored in five core areas. Our research bears this out. Survey findings show that oil and gas companies most committed to reinvention expect their actions to help them grow margins by at least 7% and revenues by at least 11% in the next three years.

We believe reinvention across these five dimensions will distinguish the industry leaders in the years ahead and potentially unlock up to $500 billion in value annually for the industry.


Fast forward: Accelerating the journey to reinvention

What we think

Case studies

Accenture facilitated YPF’s change in downstream transportation through a new digital foundation, delivering greater insights and decision making.

NexTier Oilfield Solutions consolidated multiple systems into a single ERP platform to achieve merger synergies of US$120 million in just six months.

Compañía MEGA implemented SAP SuccessFactors on the cloud—modernizing HR processes, reducing IT costs and managing its workforce to achieve growth.

View All

Energy insights from our blog

Trends and insights for the oil and gas industry to help navigate the energy transition to build a safe, profitable and sustainable future.

Oil and Gas: 2022 must be the year of action

Five imperatives to guide energy companies seeking to transform and become leaders in the industry—and in the energy transition.

Signal strength: Predicting change in oil and gas

Our latest research reveals the trends reshaping the future of oil and gas companies.

The UMPTeenth reason for agile data management

Five data management considerations for upstream companies to fuel transformation.

Ecosystem partners

We extend our business capabilities through a powerful ecosystem of market leaders, innovators, and sector specialists. Click on the partner logos below to learn how we work together.

Awards and recognition

Discover how we're breaking ground through our awards and recognitions.


New Accenture, Energy Workforce & Technology Council study shows inclusion and diversity progress despite pandemic

Despite COVID-19 and lower oil prices, the number of women in the U.S. energy tech and services sector rose to nearly 20%, countering a national trend.

Report: O&G companies most committed to radical reinvention expect twice the revenue, margin of growth for least committed

A new Accenture report identifies best practices oil and gas companies should adopt to thrive in the energy transition.

Our leaders

Subscription Center
Stay in the know with our newsletter Stay in the know with our newsletter