General Meeting: Why are Downturns always the Driver behind Innovation?
ABSTRACT of Presentation
In the current “lower-for-longer” oil and gas price environment, offshore and subsea petroleum prospects face significant cost hurdles to stay economically competitive with other hydrocarbon sources and lower risk areas.
During upturns and shortages in the petroleum industry, technology may take a back seat to production runs, delivery volumes and schedules, and installation schedules.
But when there is a downturn in the petroleum industry, everyone looks to new technology to be the savior. New technology is perceived as the mechanism to shift the paradigm.
This presentation will look at historical events and technology metrics from past upheavals in the petroleum industry to stimulate discussion to predict what might be next in our industry.
Registration & Walk-ins
All attendees are encouraged to register and pay online for this event. This is a more efficient means of registering for the event and enables the registration process at the meeting to move much faster. Walk-in space is available on a seat-limited basis at a fee $5 more than the on-line registration fee.
PETROLEUM CLUB (NEW LOCATION), 35th Floor, TOTAL Building
1201 LOUISIANA STREET, 35th Floor
Houston , Texas 77002