Investing In Oil Spill Response And Containment

The low oil price has intensified the industry’s focus on improving oil recovery and reducing costs, but while these initiatives have been in the spotlight, somewhat in the shadows is a vital body of work that is advancing technology to improve operations by mitigating risk.

Over the past eight years, there has been considerable investment in spill response and containment technology development that has brought about significant advances. Out of these initiatives have emerged some noteworthy new products and some very interesting R&D efforts that are aimed at managing unplanned hydrocarbon discharges in new and exciting ways.