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Energy companies are making efforts to reinvent themselves by taking advantage of new technologies to make their operations safe, reliable, and efficient. Innovations in digitalization and clean energy solutions offer the prospect to increase sustainability, productivity and efficiency of existing activities through the energy chain. New opportunities are emerging in the production and transportation of energy, and in how companies interact with consumers. Which technologies offer the most promise for the energy industry? Can the industry rapidly deploy new innovations? Which types of players and partnerships hold the key?
Most easy-to-reach oil and gas resources in India have been explored and exploited, but there is significant upstream potential in deep water, ultra-deep water, frontier basins and unconventional reserves. Exploiting these is both technologically challenging and capital intensive. Given these challenges, how will India become an attractive country for international upstream investments? What mix of companies, both large and small, IOCs and NOCs, is needed to revive the upstream sector? What policy interventions are needed? What technologies will be most relevant, and what are the challenges in deploying new technologies in India?