Imperial Consultants and Imperial College London sign collaboration agreement with Petronas
The 5-year Agreement, which was signed during a ceremony on 3rd December 2013 at Imperial College London, will boost oil and gas industry research funding to the College and paves the way to realising the potential for a significant volume of collaborative research and knowledge transfer activities together.
Mr Chuah Beng Swee,CEO of Petronas RSB and Imperial alumnus comments:
“Petronas and Imperial have undertaken several successful joint ventures in the past and we look forward to building on this in order to explore mutual areas of interest under the new agreement.”
Dr Colin Wong Hee Huing, Vice President for Engineering and Technology at Petronas adds:
“We expect this collaboration to lead to many more achievements in the areas of intellectual property development, the deployment and commercialisation of new technologies and the development of graduates for the benefit of both parties.”
Consultancy and research: a complimentary pair
As part of the agreement, Petronas and Imperial plan to develop various research areas including the major engineering challenges associated with producing oil from deep water wells and extracting heavy oil from remote locations, among others.
To support this, Imperial Consultants will provide Petronas with access to the knowledge and expertise of Imperial’s world class researchers through consultancy, which is a fast, flexible, focussed and responsive way to address specific challenges either leading up to or during the research.
Dr Rebecca Andrew, Director of Business Development and Marketing at Imperial Consultants comments:
“The consultancy projects arising from this agreement will not only create value for Petronas, but also for the researchers involved, who will be able to apply their existing knowledge to real challenges and demonstrate the impact of their own research in doing so.”
Scope to extend the existing relationship
In recent years, Imperial Consultants has facilitated a number of consultancy projects for Petronas and similarly, the College has an existing relationship based in the Department of Chemical Engineering. The collaboration will allow the College to explore the considerable scope to extend this relationship to other departments such as Materials, Chemistry and others either through research and/or consultancy.