Aberdeen's OGTC Plans to Invest Millions to Tackle Key Challenges
Aberdeen’s Oil & Gas Technology Centre (OGTC) plans to launch ten ‘Calls for Ideas’ in 2018 and invest millions in order to tackle ‘key’ industry challenges.
The Centre’s Calls for Ideas program seeks to identify, fund and support innovative ideas and concepts from inside and outside the oil and gas industry. The Calls focus on a range of themes that have been identified by the Centre, its members and wider industry stakeholders. Each Call currently offers around $1 million of funding to a portfolio of successful projects.
The first Call to launch in 2018 focuses on significantly reducing the cost of well delivery, which the OGTC says could help unlock 5 billion barrels of oil and gas already discovered on the UK Continental Shelf.
“We hope that 2018 sees an increased uptake in our Calls from other industries, such as nuclear, automotive and manufacturing, as we know that are significant opportunities out there for technology transfer,” Stephen Sheal, external relationship director for the OGTC, said in an organization statement.
“The Calls are only one way that we reach out to the technology community, and we encourage people to get in touch with us at any time if they have an idea,” he added.
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