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Memorial University’s Role in Oil and Gas Industry-related Economic Development in Newfoundland and Labrador. Dr. Axel Meisen President and Vice Chancellor Memorial University of Newfoundland St. John’s, NL, May 16, 2007. Vision 2000. Oil and Gas Development Partnership. OGDP.
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Memorial University’s Role in Oil and Gas Industry-related Economic Development in Newfoundland and Labrador Dr. Axel Meisen President and Vice Chancellor Memorial University of Newfoundland St. John’s, NL, May 16, 2007
Vision 2000 Oil and Gas Development Partnership OGDP Memorial University will facilitate the transformation of Newfoundland and Labrador into an international centre of expertise for oil and gas, with emphasis on operations in harsh environments.
New Partnerships xxx Pan Atlantic Petroleum Systems Consortium Industry - University -Government R&D consortium
New Faculty • $2.5 million Husky Energy Chair in Oil and Gas Research Dr. John Lau, CEO Husky Energy Dr. Phil Bording • 19 new faculty
New Faculty Canada Research Chair in Reservoir Engineering and Characterization Dr. Thor Johansen
New Facilities Harsh Environment Bridge Simulator
New Facilities Centre for Marine Compressed Natural Gas Underwater Vehicles
New Facilities Schlumberger Data Centre Landmark Graphics Visualization Lab (Western Geco Image)
New Facilities Inco Innovation Centre
New Flagship Program: Master’s of Oil & Gas Studies • Executive-level program • Covering entire petroleum industry • One year: with three 3-week on site periods • Unique in the world
Research Foci • Simulation and visualization • Seismic imaging and inversion • Basin Assessments • Reservoir Characterization • Reconnaissance • Engineering of Production Systems • Underwater Vehicles • Offshore Safety
Students • 100+ graduate students • 60 students in Oil and Gas Option in Engineering • Memorial graduates employed in all areas of the petroleum industry
Funds Raised (2003 – 2010) M$ Atlantic Innovation Fund 15.6 NSERC/CFI/other grants 5.2 Canada Research Chairs 4.0 Landmark Graphics 18.5 Schlumberger 10.0 Seismic data 29.0 Husky Chair 2.5 Other industry 3.4 Total 88.3
GDP and Employment Impact by Industry for NL 15 6.9 3 2.9 2 1.6 Oil is the largest single contributor to the provincial economy and growing in importance. Source: The Economy 2007
Potential Memorial University Initiatives • Executive MBA programs: • Oil and Gas • Maritime Management
Potential Memorial University Initiatives • Executive MBA programs: • Oil and Gas • Maritime Management • New research areas: • Innovative exploration drilling
Potential Memorial University Initiatives • Executive MBA programs: • Oil and Gas • Maritime Management • New research areas: • Innovative exploration drilling • Green-house gases and oceans • Ocean geo-technology
Potential Memorial University Initiatives • Executive MBA programs: • Oil and Gas • Maritime Management • New research areas: • Innovative exploration drilling • Green-house gases and oceans • Ocean geo-technology • Oil and gas processing
Conclusions • Memorial University has had major impacts on the regional petroleum industry • Significant human, physical and financial resources have been secured • Good partnerships have been formed • Innovative research is underway