The trillion-dollar oil and gas industry is no stranger to innovation, being one of the pioneers in digital tools with technologies such as seismic data analysis and downhole imaging. Throughout its history the industry has focused on internal R&D solutions and initiatives but is now slowly accepting and integrating the benefits of external innovation.

In this talk, Lux Research, via its extensive knowledge of over 5,000 start-ups across the globe will discuss the role of innovative start-ups in the oil and gas industry, highlighting specific case studies of how external innovators have deployed useful, cost efficient solutions in the industry.