Wednesday, June 4, 2025

12:20 PM - 1:20 PM

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Details

Justifying technology investments is increasingly difficult in the high value environment of today’s energy landscape. Risk aversion often clashes with the need for rapid deployment, innovation, and large-scale projects to drive real value. The traditional conservative mindset, coupled with an emphasis on HSE compliance, can slow adoption of potentially transformative technologies. Despite rising demands, investment in research and development (R&D) has declined, pushing companies to evaluate smaller projects critically. Balancing the “fail fast” approach with high-value returns requires strategic R&D approaches and a re-evaluation of what defines a “good” investment in this evolving landscape.