'O industry needs to continue investing in technology' JOHOR BARU: The oil and gas (O sector needs to continue investing in new technology and innovation to optimise production and minimise operating cost.
Universiti Teknologi Malaysia (UTM) deputy vice chancellor (research and innovation) Prof Dr Ahmad Fauzi Ismail (pic) said this was to ensure louis vuitton bags price list 2014 the sustainability of the sector. He said the way forward for the players involved in the O exploration activities was to fully utilise their capabilities and abilities in exploring the existing O fields. the unfavourable global economic growth and challenges, bella thorne and zendaya louis vuitton bags the O sector could become of one the most profitable industries in the world, Ahmad Fauzi told reporters after signing the memorandum of understanding (MoU) between UTM MPRC Institute louis vuitton bags have serial numbers for Oil and Gas and Hurricane Geo Inspection Survey Sdn Bhd.
Under the five year MoU, both parties will collaborate in programmes and services with a focus on the development of O exploration activities. will look at ways to fully utilise the offshore platforms louis vuitton alma multicolor aged more than 15 years as platforms in the age group are already experiencing wear and tear, said Ahmad Fauzi. Meanwhile, executive director Alexis Wan Ullok said major O players worldwide were reducing between 20% and 30% of their operating cost in view of the declining prices for crude oil in the global market in the recent years.
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