Statoil and Siemens have signed a technology development cooperation agreement. The partnership will initially embrace wind power, subsea technology, electrical engineering technology and energy efficiency measures.

Cooperation between the companies facilitates the development of future path-breaking technology.

Based on complementary user needs and technological opportunities we aim at developing technological solutions that contribute to more environmentally friendly, effective production.

”This is a strategically important agreement for Statoil,” says Halfdan Knudsen, senior vice president for process and refining technology in Statoil.

Siemens is an important Statoil supplier within several areas, and the two companies already cooperate in the technology development area.

An umbrella agreement has therefore now been developed, structuring the framework of the technology partnership within R&D and technology development and facilitating the start-up of new cooperation projects.

Tags: Statoil