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Statoil unveils plans to support SMEs develop new technology at subsea seminar

Statoil unveils plans to support SMEs develop new technology at subsea seminar

23 April 2018

UK subsea companies will learn how the world's largest offshore operator plans to support small and medium enterprises (SMEs) develop new technologies in a bid to become the world’s most carbon-efficient oil and gas producer at an event in Aberdeen tomorrow (24th April).

Those attending the lunch and learn at The Chester Hotel, will hear how they can benefit from Statoil’s Technology Invest programme, which has been established to provide technical and financial guidance as well as venture capital to accelerate the development of much needed technologies.

Organised by Subsea UK, the seminar will be hosted by the industry body’s chief executive, Neil Gordon.

Speaking at the event, Statoil’s investment manager, Ivar Aune and chief engineer of subsea systems and operations, Roald Sirevaag, will provide an insight into how the industry can take a smarter approach towards developing pioneering solutions by working in collaboration to share information and best practice to meet market demand.

Statoil’s Technology Invest programme provides equity for technology innovation at varying levels of maturity. It also grants companies access to the energy giant’s technical community and assets, providing expert technical advice on development and qualification, as well as piloting access and support.

The company is actively looking to engage with companies that are developing solutions to reduce climate footprint and increase energy efficiency.

Neil Gordon, chief executive of Subsea UK commented: "Statoil is known for pushing the boundaries of imagination and technology to solve the industry’s greatest challenges. With an impressive track record spanning over the past 46 years, it is now going the extra distance to work simpler and smarter to help shape the future of energy.

"We are looking forward to hearing from the company’s investment and engineering teams to discover how they plan to work with SMEs to take their technology to the next stage.  Working together is key to unlocking the full potential of the UK subsea sector – we must adopt a joined up approach to innovation to overcome future energy challenges.”

For those interested in attending the event can register here.