16-10-2016 11:30 via uk.news.yahoo.com

Oil majors experiment with technology to weather crisis

By Karolin Schaps and Jessica Jaganathan LONDON/OSLO (Reuters) - Oil majors including Statoil, Shell and Chevron are experimenting with various technologies, from drones and drill design to data management, to drive down costs and weather a deep downturn. For example, simply finding a more efficient route for the oil pipeline that would carry the crude from the Sverdrup field to the onshore refinery cut 1 billion crowns, Statoil said.
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