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Data drives upstream potential

In the third of four surveys conducted by Petroleum Economist in partnership with Petronas, we discover the importance of Big Data, and how emissions concerns could soon be a thing of the past

  In the survey, which was conducted online as well as at OTC Asia in Kuala Lumpur, we found that respondents and delegates had strong thoughts on the future of offshore technology.   Big Data – capturing and crunching huge number sets to inform decisions and strategy – has entered the agenda in boardrooms across a variety of industries. And the oil and gas sector is no different it seems, with more companies applying algorithmic analysis of their databases to feed into research and development. For offshore technology, it could play a substantial role: more than a third of our respondents said Big Data is the driving force for the sector, whi

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