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Thermal, gas, and chemical are the key technologies used in enhanced oil recovery, states the market report.

The business landscape prevalent in the global enhanced oil recovery market (EOR) is highly competitive, states a new research report by Transparency Market Research (TMR). With the constant entry of new players and the augmenting competition between local and international vendors, customers can expect an array of new products with technological innovation over the next few years. Cenovus Energy Inc., Chevron Corporation, BP Plc, Anadarko Petroleum Corporation, ExxonMobil Corporation, Royal Dutch Shell Plc, and Statoil ASA are some of the leading players operating in this market, notes the research study.

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