Photo: Elisabeth Tønnessen
Exciting opportunities for IRIS
12.02.2013The establishment of a new Research Center for improved oil recovery can present exciting opportunities for IRIS.
The Norwegian Research Council has advertised a new national research center for improved oil recovery on the Norwegian continental shelf. The advertisement was first publicised in the White Paper St 28 (2012-2011), as a possible measure for further creation of wealth on the Norwegian continental shelf. Knowledge and technology that contribute to the slightest improvement of the extraction rate will be of great value to society.
The Norwegian Research Council’s advertisement is an invitation to an open competition and stresses the importance of close cooperation with the industry so that research results can be tested and implemented as quickly as possible. The industry is also expected to make heavy financial contributions and it will have a high degree of influence on the activity of the center.
IRIS has long experience and sound expertise in the field of increased oil extraction and will send a joint application with the University of Stavanger, in close collaboration with the industry partners.