Lloyd's Register Energy

Lloyd’s Register Energy Launches New Study Revealing the Need for Greater Collaboration, Data Analysis and Cultural Change to Address Innovation in Oil

Technology Radar 2015 report combines in-depth interviews with senior industry figures and a survey of more than 450 oil and gas industry professionals from across the global industry. The report finds that 47% of oil and gas executives say they have fallen short of their innovation goals in 2015 – a twofold increase since early 2014. It also reveals that 2/3 of respondents say they are under pressure to collaborate more with other organisations within the sector. - October 30, 2015