Executive viewpoint ///

The Oil and Gas industry, more than ever, seeks lower total cost of ownership (TCO) to sustain positive cash flow, improve profitability and enhance investment capacity. Today’s market is driven by two trends: 1) A quest for more cost-effective solutions in a context of low oil prices, shorter market visibility and greater financial pressure; and 2) Considerable technical challenge to retrieve harder-to-get oil and gas reserves, in ever-greater depths and tougher environments.

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