[Rescheduled] Beyond BRIC: Analyzing the Next Game Changers for the Nondestructive Test Industry

[Rescheduled] Beyond BRIC: Analyzing[Rescheduled] Beyond BRIC: Analyzing the Next Game Changers for the Nondestructive Test Industry PR Newswire MOUNTAIN VIEW, California, April 22, 2014 -- Frost & Sullivan hosts webinar discussing how growth opportunities are present through the new North American oil boom and unending Middle Eastern oil supply WHEN: Wednesday, April 30, 2014 at 11:00 a.m. EDT Online, Complimentary Registration available at LOCATION: http://bit.ly/1hJznZA. SPEAKER: Nikhil Jain, Frost & Sullivan Test and Measurement Senior Research Analyst The Canadian oil boom started in 2007-2008 with an increased emphasis laid on the development of oil sands deposits. Since 2007, approximately $111 billion have been invested in developing the oil sands. On the other hand, the US federal governments drive towards making the country a net exporter of crude oil and natural gas has significantly increased investment in developing newer infrastructure, especially in the shale plays. With an increased pace of development of the oil sands infrastructure and shale infrastructure, the oil and gas nondestructive test (NDT) inspection services market has witnessed a micro-boom. In the Middle East, there has been a spurt in investment in developing new infrastructure over the past 2 years due to high oil prices. Some of the region's biggest projects are being executed currently with the NDT industry a direct beneficiary of this investment.