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Technological advances in the offing

The first of four surveys conducted by Petroleum Economist in partnership with Petronas found a strong future – soon - for offshore technology

In the survey, which was conducted online as well as at OTC Asia in Kuala Lumpur, respondents were bullish in their thoughts and assessment of what the future holds for offshore exploration and the technology that makes it possible. Autonomous underwater vehicles, which have enjoyed growing popularity among oil and gas exploration firms, were highlighted as having a significant place in the industry’s future. With almost 16% saying the technology could change everything, a further 65% recognised that developments in the technology would be very important. Elsewhere in the survey, a large proportion of those asked said that firms should be inves

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