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Oil & gas news

 
 
 
 
 
 

GE wins two “Spotlight on New Technology” awards at OTC 2014

Each year, OTC recognises innovative technologies that have industry-changing potential in the energy sector. The “Spotlight on New Technology Awards” showcase the latest and most advanced hardware and software solutions that are advancing the offshore exploration and production industry to new levels of safety, productivity and efficiency.

 

Oil and gas R&D spending to increase

New research from Lloyd’s Register Energy has shown that oil and gas research and development spending is to increase by 10% in 2015.