Does a rise in oil price necessarily imply an end to innovation in the oil and gas sector?
Jeremy Carey, 42 Technology’s CEO, features in this month’s Professional Engineering journal. His views were sought on how innovation may be refocused onto extending asset life and improving operating efficiencies.
Greater use of sensors, instrumentation and data communication technologies are likely to present opportunities for operating cost savings.
Initiatives such as robotic inspection and energy harvesting could enable some really interesting areas for efficiency improvement, he argues.
The complete article, published by Professional Engineering magazine (August 15) can be downloaded here.