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Hydrogen central to oil & gas industry decarbonisation as expectations for market  growth surge, says DNV GL

Hydrogen central to oil & gas industry decarbonisation as expectations for market growth surge, says DNV GL

New report from energy consultant and certification body DNV GL reveals that hydrogen has surged up the priority list of many oil and gas organisations, taking a primary position in the sector’s decarbonisation efforts.

A fifth (21%) of senior oil and gas industry professionals say their organisation is already actively entering the hydrogen market, according to the report, Heading for Hydrogen.

The proportion intending to invest in the hydrogen economy doubled from 20% to 42% in the year leading up to the coronavirus-induced oil price crash.

Heading for Hydrogen draws on a survey of more than 1,000 senior oil and gas professionals and in-depth interviews with industry executives.

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