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Regional NOCs building R&D capabilities to match global peers: Study NOCs in the Middle East have not kept up with their global industry peers when it comes to R&D intensity.

Regional NOCs building R&D capabilities to match global peers: Study

Research by Strategy& finds international companies have an R&D intensity of 0.42%, NOCs outside the Middle East are at 0.52%, and Middle East NOCs are only at 0.10% to 0.15%

 •   R&D investment in GCC petrochemicals jumps 40%
 •   Aramco opens R&D facility in Detroit
 •   Comment: NOCs need to up their game


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