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The Imperative for Innovation and Collaboration

Rod Nelson Schlumberger. The Imperative for Innovation and Collaboration. US Russia Business Council. Crude Oil Reserves Replacement versus E&P Spend. Spend $ billion. Source: JS Herold Global Upstream Performance Reviews 2003-2007. Technology : A Regional Approach to R&D. Moscow.

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The Imperative for Innovation and Collaboration

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  1. Rod Nelson Schlumberger The Imperative for Innovation and Collaboration US Russia Business Council

  2. Crude Oil Reserves Replacement versus E&P Spend Spend $ billion Source: JS Herold Global Upstream Performance Reviews 2003-2007

  3. Technology : A Regional Approach to R&D Moscow Gas Condensates Calgary Heavy Oil Dallas Unconventional Gas Puerto de la Cruz Abu Dhabi Heavy Oil Mexico City Carbonates Advanced Recovery Rio-de Janerio Deepwater / Pre-Salt 5 Research Centers 35 Technology Centers 7 Regional Technology Centers

  4. Meeting our Technology Needs Universities Internal Development IP Licensing Technology Innovation Technology Watch Mergers & Acquisitions External Collaboration Early stage Investment

  5. Sister Industries—Automotive

  6. WiTricity

  7. Contour Energy Systems, Inc.

  8. Sister Industries—Biomedical

  9. Fiber Technology Platform Controls / Capabilities Supporting Organizations Degradation Bridging Transport Binding SDR : Building Fiber Formulation Knowledge Reinforcing • Micro compounding at SDR/MIT • Scale-up compounding at Polymics • Fiber spinning at NCSU Key Problems Zone Isolation Productivity Loss Circulation Recovery

  10. Innovation in Training and Development • Access to skilled people limited although new technical graduate supply is sufficient • Managing knowledge transfer and encouraging earlier autonomous decision-making is essential • Mentoring, training and development must radically accelerate to meet demands • Company culture plays an important role in the acceptance of new ideas

  11. Final Thoughts • Our vision for the future must encourage us to look at the vast opportunities that other technology fields can offer to enable us to develop the technology we need to ensure secure energy supplies • Attracting the young scientists and engineers of today to the energy industry is essential for its future • Making maximum use of external innovation requires a globally focused technology acquisition organization, an internal communities of practice structure which facilitates knowledge transfer and challenges communication, as well as a product development process which is flexible enough to allow incorporation of external disruptive ideas 

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