Whether we are talking about North America, Asia or Russia, within the oil and gas industry, there is a spirit of optimism. Geological discoveries have led to a massive increase in the estimated reserves in many countries. Along with these discoveries, the potential for the use of innovative technologies has also increased. According to the expert estimates, oil production in the Gulf of Mexico alone will rise from the present 1.3 million to 1.7 million barrels a day during the next decade, ...This story is related to the following:Machinery and Machining Tools Sponsored by: Haas Automation, Inc. - Category Sponsor AdServicesSearch for suppliers of: Turning Machinery | Casings |