Donald Trump is back in office, and with that comes a renewed push for US fossil fuel dominance. His “Drill, baby, drill” stance is already influencing global energy markets, and for those managing oil, gas, and renewable assets in the UK, the ripple effects could be significant.
What this could mean for Oil & Gas
A surge in US oil production could push prices down, benefiting industrial consumers but creating challenges for North Sea operators already dealing with high costs and strict regulations. With potential reductions in investment, asset owners will need to maximise efficiency and lifespan. Proactive inspections, rope access solutions, UAV surveys, and non-destructive testing (NDT) will be key to maintaining compliance and operational reliability.
Net-zero targets
Cheaper oil may dampen enthusiasm for renewables in the short term, but the UK’s net-zero targets remain in place. That means offshore wind, hydrogen, and carbon capture projects will continue, albeit under uncertain funding conditions. For asset owners, this highlights the importance of maintaining existing infrastructure at peak efficiency, ensuring wind farms and green energy facilities remain structurally sound despite market fluctuations.
The role of advanced inspection technologies
For companies specialising in inspections, robotics, and rope access, the shifting energy landscape presents both risks and opportunities. Oil and gas assets will require continued integrity assessments, while the potential slowdown in renewables could place greater emphasis on extending the lifespan of existing assets.
Preparing for what’s next
Trump’s energy policies will shape global markets for years to come, creating both challenges and opportunities for UK asset owners. Staying ahead means investing in the right inspection strategies and technologies to protect critical infrastructure.
How do you feel about these potential changes, and how are you preparing for them?
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