Sustaining The Oil, Gas Industry’s Health Through Innovation Sharing

The concept of technology transfer is a bit nebulous— one person sharing a new system, tool or idea with another. This being a new challenge to the oil and gas industry is somewhat of a misnomer; even the earliest oil men passed along the latest innovations with each other. But, at least according to one recent report, market dynamics have created a gap between the forward-thinking and planning oil majors and the smaller operators without the means for R&D.