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SUMMARY:“Technology Management in a large integrated Oil Company”  - D
 r David Söderberg\,  BP Group Technology\, Director Technology Management
DTSTART:20130425T150000Z
DTEND:20130425T160000Z
UID:TALK44502@talks.cam.ac.uk
CONTACT:Elena Gonzalez
DESCRIPTION:BP is committed to driving technological excellence\, and as a
  company we believe that technology is \ncentral to BP’s reputation and 
 competitive advantage in the short\, medium and long term. We lead the \nf
 ield in a series of specialist energy technologies - these include seismic
  imaging\, and enhanced oil \nrecovery\, in the upstream and more fuel eff
 iciency in the downstream. To maintain this leading edge \nwe invest over 
 £130m annually on research and development through UK based institutions\
 , or \naround 35% of our total R&D spend. As well as our own research cent
 res\, we also invest in \nprogrammes with UK universities and government i
 nitiatives. \nFor example the BP Institute was established as an interdisc
 iplinary research institute at Cambridge \nUniversity over a decade ago. T
 he BPI's research has touched on everything from oil recovery to \nareas s
 uch as geological storage of carbon dioxide\, building ventilation and oce
 an currents. Our long \nhistory of developing technology for deployment ac
 ross the world is a fundamental part of who we are \nand gives us a strong
  platform to help meet future energy demand. \nWith this large investment 
 in developing and deploying technology it is important that we use a set o
 f planning\, project\, and portfolio management processes to ensure that p
 ortfolio management \ndecisions\, prioritisation and execution are carried
  out in a consistent\, meaningful\, and equitable way\nto maximise busines
 s value and manage risk - This\, in essence\, is the process of Technology
LOCATION:Dept Chemical Engineering and Biotechnology\, New Museums Site\, 
 Pembroke Street\, CB2 3RA
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