OG21 is expected to result in a new overall technology strategy, leading to more concerted and focused efforts in research and technology development, and thereby promoting more efficient and timely results.
The Norwegian authorities also recognised that the petroleum industry identifies technology as the single most important factor for reducing costs and enhancing the competitiveness of Norway's oil and gas activities. Technology will also be crucial for resolving the considerable challenges facing Norway's petroleum industry.
The OG21 national technology strategy for the petroleum industry focus on:
- sustained profitability in the Norwegian petroleum industry and resource optimisation on the Norwegian Continental Shelf (NCS);
- increased technology and knowledge exports by exploiting the competitive advantages and internationalisation of the Norwegian service and supply industry.
The national technology strategy represents a consensus-based approach to the industry's views of the most important and urgent issues to be addressed by research and technology development.
The national technology strategy will be implemented in and by the industry, taking advantage of existing operational options such as the relevant programmes of the Research Council of Norway (Petromaks, PetroForsk, Oil and Gas), Demo 2000 and other industry initiatives (CORD, FORCE, Deep Community). New entities will be established as needed.
Since autumn 2002, OG21 has appointed seven oil companies, all operators on the NCS, as Lead Parties (LP) to conduct a detailed evaluation of the Technology Target Areas (TTA) which have been identified during the strategy process. The recommendations from these evaluations were presented at the OG21 Forum in October 2003. The reports prepared by this TTA Task Forces are available on our Website.
