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New qualification to reduce risk in new tech
Dec. 4, 2014 - Launched today is a new risk-based Technology Qualification Guidance Note that helps to minimize risks and uncertainty of novel designs, concepts or applications not covered by existing rules, industry codes or best practice.
December 4, 2014 By Press release
Dec. 4, 2014 – Launched today is a new risk-based Technology Qualification Guidance Note that helps to minimize risks and uncertainty of novel designs, concepts or applications not covered by existing rules, industry codes or best practice.
As easy to reach hydrocarbon resources become exhausted, companies are increasingly looking to more challenging frontiers to retain reserve levels or boost new sources of energy. This is one of the key drivers that is pushing innovation to the forefront of global technology development, a trend seen in Lloyd’s Register Energy’s recent global Technology Radar survey. It highlights that spend on new and novel technologies is an expanding market and looks set to continue to 2020 and beyond.
Stakeholders working across the energy supply chain can now rely on a common, global approach to ensure that the technology and innovations which are planned for use in upcoming energy sectors actually work as intended.
Technology Radar survey www.lr.org/technologyradar
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