ITF announces oil and gas industry priorities for 2012

Oil and gas technology organisation ITF has announced the challenges that its membership of operator and service companies want to see tackled as priorities in 2012.

Up to 100 per cent funding will be available for the right solutions to some of the industry’s most pressing challenges and ITF aims to secure around £50m investment directly from its members over the next three years.

A series of workshops will be held in international locations throughout the year on global priorities such as subsea, which will look at subsea power, extra long tie-backs, produced water, separation, cleaning and replacement of valve actuators.

A Subsea Technology Challenge Workshop will take place in Aberdeen on Thursday 6 September, which will aim to drill down further into the issues and develop a roadmap to allow focus on the key subsea gaps that can be tackled collaboratively.