Major oil and gas companies have formed a dedicated cluster group to collaborate on identifying common technology challenges and potential solutions pertinent to the industry in Australia. Established by global technology facilitator ITF, nine operators and international service companies including Chevron, ConocoPhillips, Shell, Total, Woodside, GE Oil & Gas and Siemens have joined the Perth-based cluster group to fast-track investment into groundbreaking oil and gas technologies. ITF is seeking to secure AS9mn from the region to develop these groundbreaking technologies by 2015.
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