VOL. XLVII

No 03

19-January-2004

The Contribution Of Technology: Creating Reserves?

By Olivier Appert

The following presentation was delivered by Olivier Appert, Chairman and CEO of the Institute Francais du Petrole (IFP), at the World Petroleum Congress 2nd Regional Meeting, held in Doha, Qatar on 8-11 December 2003. Reprinted with permission.

No-one today can brush aside the pessimism voiced by certain experts on oil reserves. The most alarmist predict that world production is near its optimum,...