We’re proud to have co-authored a new white paper — Scaling the Circular Economy for Oil & Gas: Why Every IOC and NOC Needs a Platform Strategy with Peter C. Evans (All Things Circular) and Vincenzo Nici.

The paper takes a hard look at the sector’s reality: oil and gas companies will invest more than $10 trillion in infrastructure over the next decade, yet current asset disposition practices recover only 9-11% of spend. That means up to 90% of value is lost during asset lifecycles and decomissioning.

This isn’t just an environmental challenge, its business strategy 101.

Why Strategy Matters

Too often, circularity is treated as an operational afterthought. Without a clear strategy, recovery efforts remain fragmented, leaving value on the table. That’s why at Evolveable Consulting we developed the CIRAM (Circularity in Resource & Asset Management) model.

CIRAM gives NOCs and IOCs a structured way to:

• Reduce the circularity delta — the gap between what you spend on assets and what you recover.

• Monetise surplus equipment through resale, redeployment, and refurbishment.

• Align supply chain, procurement, operations, and finance around circularity as a value driver.

• Secure critical materials needed for future competitiveness.

From Paper to Practice

The white paper makes the case for platform strategies as the next level of operational excellence. CIRAM builds on this by providing a practical framework for companies to pilot, integrate, and consolidate circularity into their operations. It’s not theory, it’s a roadmap to execution.

By embedding circularity into strategy, NOCs and IOCs can double or even triple recovery rates, cut compliance risk, and create a sustainable advantage in a sector under pressure.

At Evolveable, we’re ready to help leaders move beyond pilots and into action.

What’s your circularity delta — and how much value are you leaving behind?