The new technology centre will enhance the knowledge of the oil industry in India, it will also open doors for Indian graduates to work on assignments in India and around the world.
The technology centre will look to establish close links with industry and academia. As part of this programme Shell is starting a first joint project with the Indian Institute of Technology in Kharagpur, in the area of monitoring surface subsidence.
The world is facing an ever-increasing demand for energy, with demand estimated to grow by as much as 50 percent in the next 25 years. The challenges Shell faces to meet these needs includes extending the lives of existing fields, uncovering new resources and new processes, both conventional and unconventional, maximising production of high value products, while taking the necessary measures to address issues of sustainable development.
Innovation, technical development and rapid technology deployment will be key to meet these challenges.
Netherlands based Shell has always valued the role of technology in the delivery of its business results. John Darley, Shell's Executive Vice-president EP Technical, commented: “Research and development, and technology application are key strategic differentiators for Shell and we feel that our new centre in Bangalore will significantly contribute to our ongoing success in this field. The rich source of talent in India, will help Shell to continue to deliver on technical excellence in the future.”
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