2009 Winners - The Grampian Awards for Business Enterprise
'Alick Buchanan Smith Spirit of Enterprise Award'

2009 Winners 'Alick Buchanan Smith Spirit Award'

About ITF

ITF is to be internationally recognised as 'best in class' for facilitating collaborative research, development and deployment of technology innovation in the oil and gas sector. 

Established in 1999 ITF, a 'not for profit' organisation is owned by 21 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 delivering 151 new collaborative and revolutionary oilfield technology projects to the market, securing direct ITF membership funding of more than £50 million. 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.

View the ITF overview presentation
View specific technology overview presentations