The Oil and Gas Technology Centre (OGTC) is ramping up plans to invest millions of pounds to tackle key industry challenges.
The Aberdeen centre will make 10 “calls for ideas” this year, with each one offering around £1million to a portfolio of successful projects.
A range of subjects are covered, with 2018’s calls being kicked off this month on reducing the cost of well delivery, which could unlock 5 billion barrels of oil and gas already discovered on the UKCS.
Stephen Sheal, external relationship director for the Oil & Gas Technology Centre, said: “We’ve had a great response to our Calls for Ideas so far. We’re delighted to be receiving innovative ideas and concepts that we believe can help transform our industry.
“We hope that 2018 sees an increased uptake in our Calls from other industries, such as nuclear, automotive and manufacturing, as we know that are significant opportunities out there for technology transfer.
“The Calls are only one way that we reach out to the technology community, and we encourage people to get in touch with us at any time if they have an idea.”
The OGTC is a not-for-profit technology research and development organisation established through funding from the Aberdeen City Region Deal.
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