ITF launches latest call for innovations

The Industry Technology Facilitator has called for proposals for “close-to-market” technologies that can deliver innovation or efficiencies across the entire spectrum of oil and gas operations.

Sep 9th, 2016

Offshore staff

ABERDEEN, UK – The Industry Technology Facilitator (ITF) has called for proposals for “close-to-market” technologies that can deliver innovation or efficiencies across the entire spectrum of oil and gas operations.

These should be capable of addressing specific issues while demonstrating a clear business case for adoption, ITF says. Proposed technologies must also outline the steps to be taken for the technology to become field-qualified within 18 months.

Successful applicants will have the opportunity to lead their own joint industry project with support, funding, and participation provided by ITF members.

Developers must submit an abstract of up to 300 words by Friday, Sept. 16. An abstract form is available at:https://network.itfenergy.com/.

Dr. Patrick O’Brien, CEO of ITF, said: “The uptake of technology by the global oil and gas industry has been increasing at significant pace over the last decade. The industry continues to believe that there are opportunities for innovation within all segments and disciplines of the sector.

“This open call has been designed to grant developers the freedom to submit ideas for projects that fall outwith our Rolling Technology Program.

“It is essential we accelerate the deployment of emerging technologies with a clear business case and compelling cost reduction proposition. These technologies exist and ITF is providing a critical facilitation role to get these relevant technologies implemented quickly.”

09/09/2016

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