THE UK’s Industry Technology Facilitator (ITF) hosted a pioneering global technology summit in Aberdeen that has set the wheels in motion for greater collaboration between the world’s leading technology organisations.
In a bid to fast-track new technology to recover the remaining oil&gas reserves around the world, organisations from the world’s major oil&gas provinces came together for the first time to explore and identify how to bring forward the next wave of technologies and leverage global resources.
Exploring ways to collaborate, the group of industry leaders agreed that information exchange is key to the delivery of new technology for the global industry. A long-term vision to develop a matrix of global technology challenges was identified as a priority.
In particular, areas of common interest between the counterpart organisations where potential for collaboration was identified included subsea, drilling and completions and enhanced oil recovery (EOR) and increased oil recovery (IOR).
By identifying “Fields of Future” for each of the various technology themes, it will be possible to pinpoint technology gaps as well as areas where collaboration is possible. The creation of a prioritised technology road map was agreed as a goal to fulfil longer-term objectives and understand how to maximise knowledge transfer.
Similarly, the summit allowed delegates to discuss the importance to adopting a common technology readiness level (TRL) system to increase combined understanding and awareness of the status of available technologies.
The event was attended by representatives from the US’s Deepstar and RPSEA programmes, Norway’s DEMO 2000 initiative and OG21, Petroleum Research Atlantic Canada (PRAC) and the Canadian, Norwegian and UK governments, all of which represent the technology funding bodies for offshore upstream oil&gas technology development.