New 'Oil & Gas Technology Centre' Appoints CEO
The UK's new Oil & Gas Technology Centre has appointed Colette Cohen, previously a senior vice president with Centrica. She will take up the post in September.
The plan behind the OGTC, which will be based in Aberdeen, Scotland, is to establish a "go-to" global center for developing solutions to offshore mature basin, subsea and decommissioning technology challenges. The intention is for it to be outwardly focused, private sector-led and driven by industry needs. Its clients and partners will be members of the trade association Oil & Gas UK, the UK's Oil & Gas Authority, the Technology Leadership Board, the oil and gas supply chain and local universities.
Working through local centers of excellence and having access to other industry technology centers in the UK and overseas, the OGTC expects to lead and support market-led technology programs appropriate to the mature basin in tandem with a strong focus on subsea and decommissioning excellence. It will also facilitate, stimulate and accelerate supply chain-led research and development through a Technology Accelerator with the potential to double the UK's oil and gas supply chain exports to GBP 32 billion ($43 billion) over the next 10 years, the organization said in a statement.
The OGTC added that it expects to secure GBP 180 million ($240 million) of innovation funding from the Aberdeen City Region Deal (ACRD), which is co-funded by the UK and Scottish Governments.
Commenting on the appointment of Cohen, who has a 25-year career in oil and gas, OGTC board chairman Sir Ian Wood said Thursday:
"The OGTC is a transformational project for the oil and gas industry and Colette has the ideal combination of commitment, passion for technology, proven leadership abilities and knowledge of the industry to deliver results that will positively impact performance in the [UK Continental Shelf].
"With industry, government, academia and the public sector fully aligned on this project, our aim is to fundamentally change the oil and gas innovation landscape with a delivery mechanism that facilitates collaboration and accelerates the development and deployment of the technologies that addresses real industry challenges.
"The OGTC, alongside partners, will support the delivery of the UKCS maximising economic recovery agenda and help to anchor the oil and gas supply chain in the north east of Scotland for the long term. The board and our partners look forward to working with Colette to realise this vision."
Cohen started her career as a petroleum engineer with BP and has worked in Aberdeen, Kazakhstan, Houston and Stavanger in a variety of senior management roles with a strong focus on technology. Commenting on her appointment, she said:
"The OGTC is an opportunity for the UK to differentiate itself within the oil and gas industry as a leader of technology development and deployment, with particular focus on mature assets, subsea and decommissioning. I am looking forward to partnering with industry, the regulators, universities and government to deliver on this vision and making OGTC the go-to center for the industry."
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