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ITF launches Innovation Network to shine a light on SME oil & gas technology development

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Oilfield Technology,

The Industry Technology Facilitator (ITF) has launched a new global online Innovation Network to raise the profile of oil and gas SMEs direct to its membership of operator and service companies.

The Innovation Network is an active online community enabling oil and gas SMEs to promote their technologies and services direct to end users and also keep up to date with the latest technology needs of the industry.

All technology organisations with less than 250 employees can post a free profile on the Innovation Network including a company description. Companies can also sign up for premium and elite subscriptions which offer a number of additional benefits from posting videos, case studies, available technologies and field trials to securing exhibition space at the annual Technology Showcase and receiving regular updates from ITF members.

Dr Patrick O’Brien, CEO of ITF said: “The Innovation Network is a brand new platform to bring together our oil and gas membership with the SMEs that could potentially solve some of their costly challenges.

“It has been developed in direct response to a demand from technology companies seeking introductions to our end users and we have commitment from our membership that they want to engage in this way and see great value in getting tangible insights into the innovations coming from the SME community, particularly those that can be quickly implemented. This will be an active and evolving community where we will encourage discussion and engagement on field trials, joint industry projects and technologies that have high readiness levels.”

ITF, a not-for-profit organisation, has facilitated the launch of more than 200 projects from early stage concepts through to field trials and commercialisation.

Adapted from a press release by David Bizley

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