Strategy

In 2001, in order to give petroleum technology a push, the authorities took the initiative to establish OG21 – Oil and Gas in the 21st Century (the OG21 mandate is attached in Appendix A). This is a national drive aimed at uniting industry and public research resources in an effort to solve the challenges that must be addressed to ensure a positive development on the Shelf, together with an ambition to double the export of technology by 2008. OG21 has been able to make the stakeholders align behind its strategy work. The initial strategy has been reviewed in recent months and this report presents the way forward. The strategic direction of the OG21 remains the same as it has been from the beginning, but experience has demonstrated the need to expand on the long-term R&D aspects and to establish a more focused and structured description of the challenges and timing.

Read the full strategy here.

Read the appendix to strategy here.