When it comes to the energy transition and positioning for cleaner forms of energy, “if you’re not at the table, you’re on the table,” said Rod Larson, CEO of oilfield services firm Oceaneering International Inc.

The words from the head of company, known for its subsea technologies and ROV services, came during a recent SPE Live virtual session on what’s needed and where the oil and gas industry is headed next.

Investors have heightened focus on environmental, social and governance factors, even as the threat of the global COVID-19 pandemic on demand and oil price volatility persists. Many are pushing toward more sustainable and responsible energy development to meet the world’s future demand amid climate change concerns as some add alternative energy to their portfolios.

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