Already battered by the Covid-19 pandemic and a multi-year reduction in capital budgets, hundreds of thousands more jobs in the oil and gas sector could be eliminated by 2030 as a result of the increased use of robotics.

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Norwegian energy research firm Rystad Energy said in a new report that, if the industry pushes to adopt more advanced technological solutions like robotics, they could cut drilling labor costs by “several billion dollars” by 2030.