Shell signs a Memorandum of Understanding with EPSRC

Shell signs a Memorandum of Understanding with EPSRC

Posted by maghestra on Friday, February 28, 2014 0

Multinational oil and gas company Shell has signed a Memorandum of Understanding (MoU) with the Engineering and Physical Sciences Research Council (EPSRC).

The five year partnership will enable Shell to gain greater understanding of the research landscape in which the research council operates and help EPSRC fulfil part of its strategy to drive UK economic growth.

The MoU details how Shell and EPSRC will work together to understand the challenges each faces and identify where research may be able to contribute.

It aims to identify synergies between Shell and EPSRC-funded research and training activities where they relate to Shell technology strategies.

Collaborating in this way will benefit EPSRC in a number of ways, for example helping to identify opportunities for joint funding and postgraduate training which align with both partners’ requirements.

The partnership will also help EPSRC identify measure and demonstrate the impact of working with the company.

Working with EPSRC will give Shell an insight into EPSRCs strategy and business needs, as well as the benefits of working with the funder. The alliance will also let Shell act as an advocate for EPSRC, the research councils and long-term research.

The partnership will let Shell access knowledge and expertise drawn from across the £800 million portfolio of EPSRC-funded activities in UK universities.

Professor David Delpy, EPSRC Chief Executive, said, “Research in the engineering and physical sciences touches on many of the challenges facing the petrochemical and energy industries. This MoU will help the flow of knowledge and expertise between the academic and business communities and help both parties gain better understanding of each other and their businesses.”

Gerald Schotman, Chief Technology Officer, Shell said, “Shell is pleased to have signed this MoU with EPSRC. This is an exciting time for the oil and gas sector, and to be working with the research councils is an important area for us. Science and engineering are key drivers for our business and make this agreement particularly relevant and timely.”

Reference: PN: 14-14

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