More than 40 oil and gas businesses have signed up to attend the first event to be staged by the Oil & Gas Innovation Centre (OGIC) and Interface, the knowledge connection for business, in Aberdeen.
The wide range of government funding and tax relief potential available to support technology innovation in the oil and gas sector will be the focus for the fully-subscribed OGIC seminar in Aberdeen in late February.
OGIC provides a single access point to the knowledge and capabilities of Scottish universities for the oil and gas industry. It can 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) and assist SMEs to identify other public funding sources. OGIC effectively links more than 2,500 oil and gas operators and service companies to 450 academic staff and researchers in Scotland working in oil and gas related areas.
Established in 2005, Interface is a central hub connecting organisations from a wide variety of national and international industries to Scotland's 23 higher education and research institutes. To date, more than 1,000 collaborative projects have been undertaken as a result of its work.
OGIC and Interface will be joined by representatives from Hunting Energy Services, Innovate UK, Scottish Enterprise and Jumpstart for the half-day Innovation Funding Seminar on 25 February at Davidson House, Campus 1, Aberdeen Innovation Park, Bridge of Don.
The event will include a plenary session with speakers providing an introduction to the innovation funding landscape. Attendees will then gain a deeper understanding of each organisation's role and how they collectively support innovation in the oil and gas industry.
Ian Phillips, chief executive of OGIC, said: “The high level of engagement from industry in this event is very encouraging. At a time where the sector is experiencing significant challenges, the seminar brings together stakeholders from energy services providers and the public sector to explore the funding that is available to support innovation in the industry.
“There is a wide range of support available to SMEs developing new technology and attendees will gain a clear understanding of what sources are open to them and how to access them. The aim is to ensure that businesses receive the relevant support to accelerate the speed at which technological advances are brought to market and address real industry challenges.
“Given the level of interest to date, it is very likely that we will repeat the event to meet the demand from the industry,” added Mr Phillips.
Suzanne Dawson, Interface’s head of sector relationships, said: “We are delighted that this event, the first of its kind looking at how companies in the oil and gas sector can fund innovation and work with universities and research institutes has proved so popular.
“The oil and gas industry is such an important sector for Scotland and the need to innovate is incredibly important in this competitive marketplace. There can be huge opportunities for businesses collaborating with academics with many companies reporting significant benefits, including higher turnover, following a partnership.”
Further information on OGIC and its work can be found on the www.ogic.co.uk website.
Further information about Interface and case studies of its work can be found at www.interface-online.org.uk