Wood sets wheels in motion to set up new global Oil and Gas Technology Centre in Scotland

Sir Ian Wood
Sir Ian Wood

Opportunity North East (ONE) is working with oil and gas industry leaders to establish Aberdeen as a global centre for offshore technology research and development.

The £504 million funding announced by the Scottish and UK governments through the Aberdeen city-shire deal will enable industry to establish a new, world-class international Oil and Gas Technology Centre (OGTC) to support the oil and gas industry in the UK and internationally.

One of the first priorities for the Oil and Gas Technology Centre is to establish managed ‘Solution Centres’.

These will bring together knowledge and expertise form across industry and focus on delivering practical solutions for immediate challenges such as managing asset integrity, reducing the cost of drilling wells and finding cost effective ways of developing smaller and more marginal offshore fields.

Over time, OGTC will establish and enhance world-class research facilities, including new test facilities, and support new technology and processes being brought to market faster.

An OGTC Board will be in place by the end of April and the final business case for OGTC will be submitted by early summer. ONE is funding this development stage of the project with partners

The OGTC will have a key role to play in maximising economic recovery from the North Sea, anchoring the supply chain in the region for the longer term, enhancing exports by helping develop new technology in the supply chain, and retaining high value jobs.

The whole of UK’s oil and gas industry is under intense pressure in the current business environment of sustained low oil prices.
The industry is working closely with both the Scottish and UK Governments and its regulator, the Oil & Gas Authority, to adapt.
So book NOW for this first-of-a-kind event  with Aberdeen University

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The 2016 UK Oil and Gas Collaboration Conference – Aberdeen 14 April 

It will be industry-led and supported by the University of Aberdeen, Robert Gordon University, the Oil & Gas Authority (OGA), Oil & Gas UK (OGUK), the Technology Leadership Board (TLB) Scottish Enterprise and ONE.

Sir Ian Wood, Chairman of ONE’s main Economic Leadership Board and its Oil and Gas Sector Board, said: “The OGTC is a transformational project which will make the most of the North Sea maximising recovery opportunity and support technology development in the supply chain, which will grow exports and sustain high value jobs in the North East of Scotland and UK.

“The project also has a catalytic role to play in the longer term transitioning of the North East of Scotland from a centre of operational excellence to a global hub for oil and gas innovation, which will help anchor more of the supply chain in the region.

“The OGTC will be instrumental in realising the vision for our region to be one of the top three centres globally for oil and gas technology development and deployment.

“Reflecting the priorities already identified by industry via the Technology Leadership Board, OGTC will have a particular focus on subsea production, mature basin asset management, maximising economic recovery and ensuring decommissioning excellence.

“OGTC will draw upon and retain a high value talent pool with best in class expertise in energy and leverage collaboration between the industry and the academic community to ensure that our two universities deliver world-leading energy related research, development and commercialisation activities.”

Heriot Watt University launches Oil and Gas MBA

Meanwhile, Heriot Watt University has launched a specialist MBA in Oil and Gas Management, designed exclusively for those working in, or aspiring to enter, one of the largest, and most volatile, industry sectors.

The Edinburgh Business School MBA is already the most popular in the world, with more than 11,850 students and 19,200 graduates in 166 countries worldwide. This new specialism cements the school’s reputation as a global provider of relevant and current management education programmes.

To qualify with the new specialist MBA students will undertake the Edinburgh Business School MBA, completing seven core courses, followed by four specialist courses:

•       Finance for the Oil and Gas Industry
•       Project Management for the Oil and Gas Industry
•       Strategic Planning for the Oil and Gas Industry and
•       Strategic Negotiation for the Oil and Gas Industry

Edinburgh Business School is the Graduate School of Business of Heriot-Watt University and offers the most flexible business education programmes in the world.

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