Oil & Gas Industries Technology Master Plan - GEP
Oil & Gas Industries Technology Master Plan - GEP
Oil & Gas Industries Technology Master Plan - GEP
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Figure 3 - New technologies, extended production<br />
Figure 4 - World gas reserves<br />
The ultimate remaining resources in terms of gas have been estimated by IEA to be between 453 and 527<br />
tcm. In Europe, the investment we make in new technology will enable us to find more oil and gas resources<br />
and develop these in a safe, efficient and more environmentally friendly way. A large part of the<br />
natural gas resources shown in Figure 4 will require new technology and more efficient transport systems<br />
for commercial development. This applies, in particular, to the resources in the Arctic areas and in ultra<br />
deep water. Resolving these challenges will make a significant contribution to the security of supply objectives<br />
set in the recent EU Green Paper on Energy.<br />
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