Keystone selected as one of 22 applicants

Keystone selected as one of 22 applicants

We are delighted to announce:

 

We have been selected to receive financial support from the Norwegian Research Council through their program DEMO2000

The DEMO2000 program seeks to ensure long-term competitiveness in the oil and gas industry and continued profitable development of the petroleum resources on the Norwegian continental shelf.

The objective of the DEMO2000 program is to achieve the qualification of innovative products and systems in close collaboration between the supplier industry, research institutes and petroleum companies, by providing funding for the development and testing of prototypes and pilot installations offshore.

The program promotes collaboration between the Norwegian supplier industry and the oil and gas industry in order to ensure the development and application of new technology that can reduce the cost of activities on the Norwegian continental shelf, increase recovery rates, reduce greenhouse gas emissions and contribute to improved conditions relating to health, safety and the environment.

 

Selected as one of seven projects out of 22 applicants:

We are grateful to have been given this opportunity with our project “Digital Rig Management” together with Odfjell Drilling.