New technology holds upstream key
Digitalisation is more than a buzzword in the efforts to get costs down and projects started
It is difficult to have a conversation about the upstream oil and gas sector in general without the impact of new technologies, big data and digitalisation looming large. April's MCE deepwater development (MCEDD) event was no different. But David Phillips, head of equity research, developed Europe at bank HSBC, makes a valid point that, while new technologies are gradually gaining acceptance and implementation in the field, "there is increasingly more discussion around activity growth than around new technology such as digitalisation". "If you go back to some of the discussions and the corporate PR back in 2017, you could not hide. But some investors feel like they are in the middle of digit
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