A "striking number" of industry player are eyeing "diversification strategies" this year, according to a survey from technical advisor group DNV GL, which revealed that around 40% of responders are” likely” to shift from oil and gas.

Research, based on responses from 723 senior oil and gas professionals revealed that the industry "is in a period of significant change".

The classification society’s survey found that half (49%) of respondents said their organisation is "likely to diversify into (or invest more in) opportunities outside of oil and gas in 2017".

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