JPT Topics

SPE.org 

With their gee-whiz—albeit artificial—intelligence, robots may be the industry’s answer to jobs deemed dangerous, dirty, distant, or dull. Despite the global downturn, the long-term transition to net zero presents a major opportunity to create new multibillion industries based around the North Sea. Cross-sector collaboration and major state/private sector intervention, together with strong leadership, will be key. Nearly everything’s on the table as companies aim to shore up portfolios by curtailing investments and dumping low-priority assets. A new licensing round will open up 136 blocks in the Arctic Barents Sea.

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