With £180 million funding from the UK and Scottish Governments, through the Aberdeen City Region Deal, the Oil & Gas Technology Centre inspires and accelerates innovation, co-investing in industry-led projects to take new technologies from concept through to deployment in the oil field.
We regularly report our performance against range of key indicators to the Aberdeen City Region Deal Joint Committee, which comprises senior representatives from the UK and Scottish Governments, Aberdeen City and Aberdeenshire Councils and Opportunity North East.
Read our Annual Review 2017 to find out more about our progress and delivery in the 12 months since we launched last February.
Archie Kennedy, Chairman said: “We have achieved tangible results in our first year, identifying opportunities and creating a governance process that makes sure we fund technologies that companies want and need – and that will make a measurable difference.”
Colette Cohen, Chief Executive Officer said: "We’ve made a positive start but there’s so much more to do. We look forward to continuing to work with our partners to help unlock the full potential of the UK North Sea, anchor the supply chain in North-East Scotland and create a culture of innovation in the region."
Lord Duncan, UK Government Minister said: “As the report shows, the OGTC has had a successful first year, and is poised to continue its innovative work in the oil and gas sector. It is an example of what can be achieved through joint working between Scotland’s two governments, and partners through City Region Deals and I look forward to seeing what it achieves over the coming years.”
Paul Wheelhouse, Scottish Government Minister for Business, Innovation and Energy said: “The Oil & Gas Technology Centre has had a hugely successful first year and innovation is absolutely key to a sustainable future for our oil and gas industry and to enable our supply chain to continue to win new business. That’s why the Scottish Government has committed £90 million over ten years to help create a more positive environment for investment in the North East of Scotland.”
Jenny Laing, Co-Leader of Aberdeen City Council said: “We congratulate the Oil & Gas Technology Centre team on the achievements of the past year and the Council is proud to be a partner. The Technology Centre is an excellent example of a concept which was very swiftly brought to fruition and I’ve been impressed by the progress made in a short period of time.
Jim Gifford, Chair of the Aberdeen City Regional Deal Committee said: "The Centre has out-performed even the most ambitious expectations that any of us had when the business case was first approved. Getting it off the ground, as well as going on to exceed their targets in the first year alone is a great achievement. I wish them every success for the years to come.”
Sir Ian Wood GBE, Chairman of Opportunity North East said: “ONE is proud of the role we played in the formation of OGTC and are very impressed with the speed at which it is clearly making a significant impact. We believe the OGTC will clearly play a pivotal role in maximising the remaining North Sea oil and gas opportunity, looking at diversified energy opportunities, while stimulating local economic and employment opportunities for our region."