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f The ExxonMobil (FC)2 Alliance: Translating Ideas From Low-Risk Cultivation Space into the Technology Value Chain
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, GEO 2012, Mar 2012, cp-287-00181
Abstract
In traditional consortium models, universities offer research projects for support by multiple Oil and Gas (O&G) companies. This leveraged approach provides a valuable and relatively low-cost "window" to new research developments. However, unless the sponsoring companies are closely involved, the translation of basic research advances into technical applications is unlikely to occur.