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New Oil Technology on Stream Print E-mail
Written by Vector1Media   
Tuesday, 26 August 2008

THE SCOTSMAN - An initiative to boost investment in new technology for the oil and gas industry is expected to have launched 24 projects this year – a 50 per cent increase on 2007. Industry Technology Facilitator (ITF), a not-for-profit body backed by industry heavyweights including BP, Shell and Chevron, said it had secured some £10 million in direct investment from its members.
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