At the 2024 ADI Forum, Austin Harbour, Managing Director, Piper Sandler, and Sean Ebert, Senior Partner, Altira Group joined moderator Uday Turaga, CEO, ADI Analytics, for the oilfield services and equipment panel. They discussed the evolving market, noting the ongoing challenge of integrating digital technologies for quantifiable value in upstream operations. Despite past hurdles, renewed investor interest was driven by attractive valuations and strong cash flow. They focused on production optimization and expanding unconventional drilling to the Middle East.
The conversation also covered “cleaning and greening” efforts like electrification and methane management. It highlighted fragmentation and regulatory uncertainty. OFSE’s role in critical mineral extraction remained limited. Meanwhile, natural gas was seen as a pragmatic bridge fuel for global energy access. This sparked debate on fugitive emissions and their societal impact.
About ADI Analytics
ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy transition, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.
We also host the ADI Forum that brings c-suite executives together for meaningful dialogue and strategic insights across the oil & gas, energy transition, and chemicals value chains. Learn more about the ADI Forum.
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