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ITF issues open call to developers for oil and gas technology proposals

Monday, October 3, 2016

The Industry Technology Facilitator (ITF) has issued an open call for proposals for 'close-to-market' technologies that can offer innovation or efficiencies in activities across the entire spectrum of oil and gas operations.

ITF primarily addresses the shared technology challenges of its membership by issuing thematic calls for proposals. The not-for-profit organisation has introduced this open call as a mechanism for developers to put forward innovative solutions from a wider range of oil and gas activities.

The proposals should be capable of addressing specific issues and demonstrate a clear business case for adoption. Proposed technologies must also outline the steps to be taken for the technology to become field qualified within 18 months.

Proposals will initially be reviewed by ITF and may subsequently be considered for funding by ITF members. The invitation is open to qualified organisations, with successful applicants having the opportunity to lead their own joint industry project (JIP) with support, funding and participation provided by influential members of ITF.

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

As part of a wider strategy to help further accelerate new technology deployment, ITF has developed its Technology Innovation Network to activate the engagement between innovators and the end user.

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 Programme. 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.'



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