The Oil, Gas, and Energy sector is essential to our economy, serving as its driving force. Any disruptions in production or price volatility can send shockwaves through all other industries. Numerous challenges plague Oil, Gas, and Energy companies, with carbon emissions being a prominent concern. While there’s a move from fossil fuels to renewables, it’s not an immediate shift. Storing energy for renewables poses a significant challenge. As our infrastructure is heavily based on oil and gas, this makes the switch to renewables more complex. Market trends and the push for cleaner energy have made it difficult to secure new investments in the Oil and Gas sector. The boom-and-bust cycles of the industry hinder infrastructural upgrades. Geopolitical issues are always a factor in this sector. Companies can only avert or lessen risks.

Businesses in the Oil, Gas, and Energy sector extend their importance beyond simply powering economies—they’re a substantial source of employment opportunities, with roles in varied fields from engineering and geology to finance and IT. This sector contributes meaningfully to the global GDP, both through its primary operations and its wide value chain encompassing suppliers, contractors, and other service providers. Furthermore, investments in this sector influence national security considerations, with energy self-sufficiency being a central part of many countries’ strategic agendas. While renewable energy is gaining traction, the consistent reliability and widespread availability of oil and gas, particularly in developing nations, affirm their ongoing relevance. This sector is a primary tax revenue stream for many governments, thereby supporting the financing of public services and infrastructure initiatives.

Large Oil, Gas, and Energy companies, alongside big multinationals, have long exploited consulting services, digital transformation firms, and staffing providers. They have led the way in embracing AI and ML, and deploying RPA for back-office duties. These multinationals have also made good use of staff augmentation, going as far as outsourcing whole departments and business functions. In contrast, medium-sized and regional players in this sector have been slower to adopt technological and staffing solutions, but this is gradually changing. Valenta is experiencing increased demand for services from such companies. We are well-versed in all the technological advancements and innovations that today’s Oil, Gas, and Energy sector demands. Our Managing Partners are based in Australia, the US, Canada, the UK, and the EU, many with industry-specific backgrounds. Working with other in-region consultants and offshore consultants, developers, and outsourced

below are the top challenges faced by today’s Oil, Gas and Energy sector.  Valenta can assist with all of these challenges through a combination of Process Consulting, Digital Transformation and Staff Augmentation :

At Valenta we can aid with today’s challenges and provide services that address cost containment freeing up cash to address other issues. We can also help implement strategies and technology to mitigate supply and demand risks and price volatility. We can apply AI and ML to costing and procurement and provide data analysis and business intelligence solutions and services to our clients in the Oil, Gas and Energy space. We can assist Oil, Gas and Energy companies when it comes to staffing. We provide new economy and information economy roles like Big Data Specialists, Cloud Engineers, RPA Developers, DevOps Engineers, Data Security Analysts, Cyber Security Engineers, and more. Valenta also provides traditional BPO services like accounting, bookkeeping, administration, billing staff, digital marketers, IT staff, software administrators and more.

Valenta can help Oil, Gas and Energy companies in the following ways.