Exploration “remains our preferred resource capture option,” Dodson said.
In a world with fewer frontier opportunities geographically, it is increasingly important to look at geologic frontiers, Dodson said.
“Since most of the easy oil and gas has already been found, exploration will have to work on the basis of new ideas and concepts,” he said.
When moving into some of the most challenging areas, such as the Arctic, industry may need to examine new business models that emphasise collaboration over competition.
“We
