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August 30th, 2010
The oil industry, operating on a gigantic scale, might seem at first sight to have little to learn from the intricacies of medical diagnosis and therapies. Yet nanotechnology developed for medical applications could form a model for ways of exploiting oil reserves that conventional methods cannot reach.
In medical imaging, nanoparticles coated with antibodies can latch onto tumour cells, offering a new way to highlight their presence. Murphy says nanotechnology could also help to locate oil pockets within oilfields and improve the efficiency of oil recovery. Since 2008, the AEC has invested $30 million into researching these applications.
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