Hovem: There are so many fascinating things
happening in the industry right now.
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4
Hovem: There are a couple of projects for offshore which come to mind.
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5
Hovem: We recognize that the industry has been
under immense pressure to cut costs and improve efficiencies in the last few years.
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6
Hovem: Most of the concern that exists in this area relates
to the ability of regulators and regulations to keep pace with the rapid changes arising from digitalization.
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7
Hovem: HPHT,
as defined today, is a novel environment for which the industry has been working diligently to develop and qualify equipment so that it performs as expected, in a safe and reliable manner.