Full house for AGM indicates strength of sectors commitment to technology development
By Editor | December 31, 2009
ITF, the oil and gas Industry's Technology Facilitator, welcomed more than seventy international attendees for its annual general meeting (AGM), and final member meeting of the year, in Aberdeen recently.
Enjoying 100% attendance from its members, who travelled from as far away as Australia, Malaysia and the US, ITF also welcomed leading non-member operator, service company and industry body representatives to attend the AGM and to reach agreement on the industry's global technology challenges for 2010.
Celebrating a decade of achievement in 2009, highlights from ITF's annual performance showed that the organisation secured £4.2 million of investment, enabling the launch of 16 new technology projects. ITF also revealed that eight new technologies were implemented through the same 12 month period with six field trials completed and a further three reported to be in progress.
Neil Poxon, managing director of ITF said:
"The attendance at this year's AGM, not only from our members but also from non-member operators, service companies and industry bodies, reiterates continued commitment from the entire global oil and gas community to maintain momentum on research and development of projects, despite the economic turbulance of 2009."
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