The HVM Catapult is supported by UK government through Innovate UK and gives scientists, engineers and entrepreneurs access to a pool of expertise and experience within academia, research, industry and government and bridges the gap between early innovation and industrial-scale manufacturing.
“The HVM Catapult offers technology capabilities across all stages of manufacturing to companies across all manufacturing sectors. We have a productive engagement with the Oil and Gas industry,” said Dick Elsy, chief executive of the HVM Catapult. “As this is a sector which represents the highest capital expenditure in the UK economy and which faces some of the most interesting technology challenges, I am extremely excited about this recent development and I am convinced we will add real value to the industry in the months and years ahead.”
OGIC part-funds and provides management support to projects with the potential to deliver technology solutions to the exploration, production and decommissioning challenges facing the industry.
Ian Phillips, chief executive of OGIC, said: “Accessing the latest research and design capabilities within the fields of composites, forming and advanced manufacturing will provide the oil and gas industry with unrivalled opportunities to innovate and address the complex technical challenges it faces.”