Established in 1999 ITF (Industry Technology Facilitator), is a 'not for profit' organisation owned by 25 major global operators and service companies. Our key objectives are to identify technology needs, foster innovation and facilitate the development and implementation of new technologies. To date ITF has been responsible in launching 174 new collaborative and revolutionary oilfield technology projects, securing direct ITF membership funding of around £50 million, with a portfolio of 43 ongoing projects linked to £20 million investment. ITF implement new technologies into the oilfield by the following means:
- Identify the shared technology needs of our member companies
- Seek out innovative solutions
- Access the technology development funds
- Launch collaborative joint industry projects
- Create field trial opportunities
- Deliver technology implementation
ITF staff focus on adding value through a partnership interaction with operator members to understand their business driven technology needs. Thereafter ITF adopts a systematic process to seek out technology solutions and innovations to meet its members business-driven technology needs. These are progressed through development of joint industry projects (JIPs), field trials and ultimately, implementation.
The topics addressed by these ITF sponsored technologies include seismic resolution, complex reservoirs, cost-effective drilling and intervention, subsea, maximising production, integrity management, and environmental performance.
Latest ITF News
ITF, the organisation driving oil and gas industry collaborative technology development is working with Tullow Oil plc to establish a comprehensive, global wells and completions reliability database and is urging more operators to join the project. The aim of the joint industry project is to tackle... Tuesday, March 18, 2014
ITF, the global technology facilitator, together with subsea and pipeline engineering and project management company Subsea Engineering Associates (SEA) Pty Ltd in Perth, Australia, has recently launched a Joint Industry Project (JIP) that will explore and demonstrate a new approach to assessing pip... Monday, November 4, 2013
ITF, the global technology facilitator, has surpassed more than 200 joint industry projects (JIPs) in its 14 year history. Oil and gas industry leaders and the Rt Hon Michael Fallon MP, UK government Minister of State for Business and Enterprise and Minister of State for Energy joined the organisati... Wednesday, September 4, 2013
ITF, the global technology facilitator, welcomes today's announcement on the UK government's strategy for the oil and gas industry. Chairman Max Rowe said: 'We welcome the development and delivery of a single strategy that agrees the priority technology needs and identifies the vital in... Thursday, March 28, 2013
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Energy industry leaders, politicians and technology developers have gathered in Aberdeen to explore the successes and challenges of the unconventional gas industry as activity gathers pace across Europe. With growing interest and scrutiny surrounding shale and coalbed methane developments, the two-... Thursday, November 29, 2012