ITF sets up group in Australia
Friday, February 24, 2012
Industry Technology Facilitator (ITF), the oil industry owned body which aims to help oil companies develop technologies together, reports that it has set up a cluster group in Australia, with members including Chevron, ConocoPhillips, Shell, Total, Woodside, GE Oil & Gas and Siemens.
The group will "collaborate on identifying common technology challenges and potential solutions pertinent to the industry in Australia."
It will be based in Perth.
ITF is seeking to secure A$9 million (USD $9.5m) from the region to develop technologies by 2015.
Issues expected to be addressed include subsea technologies, LNG, CO2 sequestration and unconventional gas.
'Australia has its own set of distinct development challenges," says Neil Kavanagh, Chief Science & Technology Manager at Woodside Energy.
"Offshore Australian gas is in settings that are often cyclonic, deep water and remote, and gas here is mostly exported as LNG."
"Woodside is looking to ITF to bring Australian based operators together in the region and increase the amount of jointly funded research work - directly addressing Australian challenges. Energy companies here are excited to be part of the regional cluster.'
"Gas reservoirs in Australia share all the usual challenges such as recovery factor, development cost, safety and environmental impact, just like the reservoirs operated by the other ITF members around the world."
"We hope to learn and share best technology practices where working together is more effective than working alone."
'Australia is a growing gas provider. It is expected to become the world's major supplier of LNG, as planned projects come on stream.
The cluster group will meet every three months and there are also plans for ITF to host a Regional Technology Conference in Perth later this year.
ITF has had membership in Australia since 2007 and helped to establish the Pipeline Repair Operators Forum Australasia (PROFA) in 2010. PROFA's objectives are to connect developers and vendors of pipeline technology with the PROFA members, to identify technology gaps in relation to pipeline repair and to purchase hardware and intervention tooling that would then be shared amongst participating companies.
ITF also hosted a Technology Challenge Workshop on subsea technologies in Perth last year before issuing a global call for proposals, which received 39 proposals from international developers.