ITF Urges Government and Industry to Adopt Single Strategy for UK Oil and Gas Technology Development

摘要

ITF's Managing Director, Neil Poxon, has called on government and industry to create a single strategy for oil and gas technology funding to help secure the recovery of remaining reserves in the UK Continental Shelf (UKCS). Mr Poxon, who heads up the organisation that facilitates the development and deployment of technology for oil and gas operators and service companies, outlined his concerns at the Oil and Gas Outlook conference, held in Aberdeen on the 31st March, and urged a more joined up approach, similar to the model used in Norway, which helps bring oil and gas technology to market at least six years faster than the sixteen year average in the UK.