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Oil and gas sector to invest in technology for cost savings

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There is increasing recognition across the global oil and gas industry that cost-cutting is not the way to go. Rather, digital investment is the strategy to improve efficiency that in turn will lead to cost savings, a study found.

Singapore

THERE is increasing recognition across the global oil and gas industry that cost-cutting is not the way to go. Rather, digital investment is the strategy to improve efficiency that in turn will lead to cost savings, a study found.

According to an EY report, 89 per cent of...

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