After announcing plans to create 700 jobs in Aberdeen, Norway's Statoil increases commitment to Scotland with strategic partnership to support investment in R&D.
Formed in 1972, Statoil ASA is today one of the biggest companies in the Nordic region and is the world's largest offshore oil and gas company with operations in 40 countries.
In 2013 the company confirmed its intention to substantially increase its presence in Aberdeen.
Statoil's ambitious expansion plans include the opening of a new head office to support its planning an production activities on the UK continental shelf.
The new base, located in Aberdeen, will rely heavily on the expertise and experience of Scotland's oil and gas workforce.
Supporting Statoil in Scotland
SDI and our partner organisations are committed to helping companies like Statoil successfully invest in Scotland's oil and gas industry.
A tradition of oil & gas innovation
Scotland has a strong tradition in developing new oil and gas technologies and we believe this partnership with will enable us to more effectively work with small technology companies to commercialise and implement their ideas.
Richard Erskine, STI
Statoil's plans to significantly increase their Scottish presence by 2016 will present substantial opportunities for Scotland's 2300 oil and gas supply chain companies.
We're already working Statoil to help identify where Scotland's supply chain companies can support their expansion.
And, with innovation central to creating a sustainable future for Scotland's oil and gas industry, our partners at Scottish Enterprise are working with Statoil to help increase research and development (R&D) spending in Scotland.
Increasing investment in innovation
Scottish Enterprise and Statoil Technology Invest (STI) - a subsidiary of Statoil ASA - have formed a strategic partnership to help encourage more of Scotland's supply chain companies to invest in innovation.
The partnership, the first of its kind in Scotland, will see STI and Scottish Enterprise working together to support SMEs in R&D projects.
Under the terms of a Memorandum of Understanding, signed by STI's Richard Erskine, Lena Wilson of Scottish Enterprise and John Swinney, Scotland's Cabinet Secretary for Finance, Employment and Sustainable Growth, STI will work with Scottish SMEs to find innovative solutions to operational challenges.
SMEs will benefit from STI's technical expertise and financial support to support R&D work.
The partnership will create a model for future relationships between larger companies and SMEs while boosting innovation spending in oil and gas and other industries.
Ready to join Statoil by investing in Scotland and working with our innovative supply chain companies?
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