Chief Technology Officer Elisabeth Birkeland Kvalheim from Statoil and CEO Ole Ringdal from IRIS. Photo: IRIS
Signing of frame agreement on R&D with Statoil
24.06.2016Both IRIS and Statoil expect the new frame agreement for research and development to pave the way for increased collaboration and more joint projects.- A milestone
On 23 June Chief Technology Officer Elisabeth Birkeland Kvalheim from Statoil and CEO Ole Ringdal from IRIS, signed the frame agreement at Statoil's office in Forus. Both of them view the signing as a milestone and look forward to an even closer cooperation.
- This means the competence at IRIS is made available for Statoil. IRIS can offer research to cover a wide spectre, says Ringdal.
The agreement involves research within energy, environment and social science at IRIS.
Testing new technology
Even in times of cutting elsewhere, Statoil is concerned with maintaining a high level of research. As much as 50 % of their research budget is spent on external partners. Kvalheim emphasises the focus on cost reduction.
- We need to reduce costs to launch new projects. In areas like automatic drilling control and plug and abandonment of old wells (P&A), for instance, it's only natural to join forces with IRIS, says Kvalheim.
- Technology is a tool to increase field value. By testing new technologies, we can minimise the risk of error. In addition to scientific experts, IRIS has unique facilities for testing, she says.
IRIS and Statoil already collaborate on a number of projects, and Statoil is partner in both SFI DrillWell
and The National IOR Centre of Norway
Together with The Research Council of Norway (RCN) Statoil is IRIS' biggest client at present.
- With this agreement we secure a framework for seamless project execution, and expand the collaboration even further, says Ringdal.