OGIC, HVMC Agree Collaboration Deal to Drive Down Manufacturing Costs

The Oil & Gas Innovation Center (OGIC) and High Value Manufacturing (HVM) Catapult have agreed to work together in a bid to drive down manufacturing costs in the oil and gas industry and enhance the materials in use in the sector.

As part of the agreement, OGIC will host a representative from HMV Catapult in its Aberdeen office to support engagement with the oil and gas industry and encourage collaboration between the two organizations. HMV Catapult, which is supported by the UK government, is a network of seven major UK technology and innovation centers, three of which are co-operating to fund the new post in Aberdeen. OGIC links the oil and gas industry with 450 academic staff and researchers in Scotland working in oil and gas related areas.

Ian Phillips, chief executive of OGIC, commented in an organization statement:

“Accessing the latest research and design capabilities within the fields of composites, forming and advanced manufacturing will provide the oil and gas industry with unrivalled opportunities to innovate and address the complex technical challenges it faces. It is essential that we collaborate more effectively and learn from other industries. This new partnership with three of the HVMC centers will support this agenda and help to accelerate the pace of innovation in the industry.”

Dick Elsy, chief executive of HVM Catapult, said in a HVMC release:

“The High Value Manufacturing Catapult offers technology capabilities across all stages of manufacturing to companies across all manufacturing sectors. We have a productive engagement with the oil and gas industry, which is set to grow in scale and importance with our new presence in Aberdeen. As this is a sector which represents the highest capital expenditure in the UK economy and which faces some of the most interesting technology challenges, I am extremely excited about this recent development and I am convinced we will add real value to the industry in the months and years ahead.”



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Genel can 'Plan with Confidence' in 20... (Jan 24)
 -  Savannah: Niger R3 License Area 3D Sei... (Jan 24)
 -  BridgeTex to Boost Capacity of Permian... (Jan 24)
 -  Republicans Laud Trump's Pipeline Revi... (Jan 24)
 -  Petronas: LNG Train 9 in Sarawak Moves... (Jan 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
Sales Manager ADI
Expertise: Sales
Location: Pittsburgh, 
 
Designer
Expertise: CAD / CAM
Location: Rosenberg, 
 
Senior Water / Wastewater Seller - Doer
Expertise: Chemical Engineering|Civil Engineering|Mechanical Engineering
Location: Nashville, TN
 
search for more jobs

Brent Crude Oil : $55.44/BBL 0.38%
Light Crude Oil : $53.18/BBL 0.81%
Natural Gas : $3.28/MMBtu 1.23%
Updated in last 24 hours