Oil and gas professionals optimistic over future energy supplyNews // December 6, 2011
Oil and gas industry professionals are confident in the industry’s ability to sustain the global demand for energy 10 years from now. According to a poll conducted at the 20th World Petroleum Congress in Doha, 86 per cent of participants said that the industry will be able to meet estimates for increased global energy consumption, while 14 per cent thought that it would not.
The Industry Snapshot Poll was conducted by global independent technical advisor GL Noble Denton on the first day of the World Petroleum Congress, which is expected to attract 12,000 industry professionals from across the world. The poll was also completed online by senior professionals from across the industry.
Pekka Paasivaara, Member of the GL Executive Board, said: “The result of this poll shows the sector’s confidence in its ability to meet the challenges of the growing global demand for energy.
"While oil and gas reserves are still plentiful, the mounting technological challenges of accessing these resources in harsher environments have been an area of concern for some sector professionals.
"Despite this, it is encouraging to see that confidence in the industry’s ability to secure future supply safely, efficiently and sustainably remains high.”