Statoil to discuss new tech development at subsea seminar in UK

Norwegian oil major Statoil will unveil plans for supporting small and medium enterprises (SMEs) develop new technologies at Subsea UK’s seminar in Aberdeen.

Subsea UK said on Monday that it would be organizing a seminar at the Chester Hotel in Aberdeen on Tuesday, April 24.

According to the industry body, UK subsea companies will be able to learn how Statoil 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.

The attendees will hear how they can benefit from Statoil’s Technology Invest program which has been established to provide technical and financial guidance as well as venture capital to accelerate the development of much-needed technologies.

“Statoil is actively looking to engage with companies that are developing solutions to reduce climate footprint and increase energy efficiency,” Subsea UK said.

The seminar will be hosted by the industry body’s chief executive Neil Gordon with Statoil’s investment manager Ivar Aune, and chief engineer of subsea systems and operations Roald Sirevaag as the speakers at the event.

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

Neil Gordon, chief executive of Subsea UK, said: “Statoil is known for pushing the boundaries of imagination and technology to solve the industry’s greatest challenges.

“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.”