Technology has 'Fundamental Role' to Play in Supporting Oil, Gas Recovery



Technology has 'Fundamental Role' to Play in Supporting Oil, Gas Recovery
Technology has a fundamental role to play in supporting the oil and gas industry's recovery, ITF CEO Patrick O'Brien says.

Technology has a fundamental role to play in supporting the oil and gas industry’s recovery, ITF CEO Patrick O’Brien said in the build-up to the ITF Technology Showcase in Aberdeen, scheduled to take place March 1.

O’Brien said that technology can help unlock remaining reserves and help the industry work more efficiently to maximize production from ageing assets.

“The downturn has focused minds on the innovations that can make the biggest and most rapid impacts,” O’Brien commented.

Further championing the effects of technology within oil and gas, Petrofac’s Geoff Nesbitt said that there are numerous ways in which it can underpin long term cost optimization.



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