The newly established Oil & Gas Innovation Centre (OGIC) in Aberdeen revealed that it has its first approved and funded projects coming on stream and is in discussion with more than 50 companies regarding technology development opportunities during its official launch hosted by Hydro Group.
OGIC provides a single access point to the knowledge and capabilities of Scottish universities for the oil and gas industry. It can also part-fund and provide management support to projects with the potential to deliver technology solutions to the exploration, production and decommissioning challenges facing the UK Continental Shelf (UKCS). It effectively links around 2,300 oil and gas operators and service companies with more than 450 academic staff and researchers in Scotland working in oil and gas related areas.
Photo courtesy of The BIG Partnership
Many of the 100 technology development projects that OGIC aims to support in its first five years would have North Sea applications and export potential. OGIC’s priority areas are: improving exploration outcomes; well construction, drilling and completions; enhanced oil recovery; asset integrity and life extension; shale gas exploitation; subsea; product optimisation and decommissioning. The first OGIC project has been approved with research already underway while three projects are in the final stages of approval.