
A Scottish-based oil and gas technology innovation centre has this year extended its annual open call for new proposals to this year include all global developers of innovations in the oil and gas industry.
The not-for-profit Industry Technology Facilitator (ITF) has also made the submissions process for inventors and technologists simpler than ever, with only a short abstract required in the first instance, and now welcomes any technology readiness-level projects.
The initial application process is open until 17 November 2017 and consists of two parts; registering on ITF’s Innovation Network and submitting a 300-word project summary.
Recent open call successes have included a joint industry project by the University of Western Australia supported by ITF, to provide industry with a better understanding of the mechanism of hydrate growth and blockages. The 12-month study – which has the support of industry partners, including Chevron, Total and Woodside – is welcoming more participants to join the project.
Ben Foreman, Technology Manager, at the Aberdeen-based ITF, said: “We know there are technologies being developed by people with genuine industry know-how and we are looking forward to supporting them on their journey to market.
“We want to ensure that every technology with the potential to make a real difference to operations and bottom lines makes it to the front line. The industry is open to new ideas and we can make them heard in the right places.”
ITF secures funding to test, prove and implement innovations that deliver direct cost benefits to industry.
For example, the Fullwave GameChanger seismic technology project has influenced 100 well-placement decisions with operators realising $500 million in value from that single project alone.
For more information: www.itfenergy.com
18 Oct 2017