Technology transfer in the petroleum industry

The energy industry, especially the petroleum, is critically important to today's society. This industry has historically been accused of being a “good old boy” network that is extremely reluctant and slow to accept technology and change. A closer analysis of the industry shows that it is highly fragmented consisting mostly of firms who operate in only a limited number of functional areas. The analysis also shows that there are many critical current and future problems which could be addressed with technology from any diverse disciplines and industries. Case analyses of existing technology flow through to successful utilization by the petroleum industry describes the technology transfer process and the role played by the different firms inside and outside the industry.