The center, which opened on Friday, is a core part of the £250 million Aberdeen City Region Deal which aims to become the go-to center for oil and gas technology in the UK and internationally.
Also, the Oil & Gas Technology Centre, the University of Aberdeen, and Robert Gordon University signed a memorandum of understanding for a multi-million-pound joint venture to develop a Centre of Excellence for Field Life Extension and Decommissioning in Aberdeen with the goal of making the UK a global leader in this growth market.
Lord Dunlop said: “It’s great to see The Oil & Gas Technology Centre open officially today. It will have a vital role in driving innovation and diversification in our oil and gas industry.
“The opening of the Center is a significant first step in delivering the £250 million Aberdeen City Region Deal, spearheaded by the UK Government. (It) will make a huge difference to the economy of the Northeast, helping to boost jobs and increase prosperity for generations to come.”
Scottish Government Minister for Business, Innovation, and Energy, Paul Wheelhouse, added: “With up to 20 billion barrels of oil equivalent remaining, it’s clear that a renewed focus on innovation and technology will be crucial to maximizing economic recovery.
“The £5 million Decommissioning Challenge Fund announced by the First Minister this week along with our recently published draft Energy Strategy reaffirms the Scottish Government’s strong commitment to a sustainable future for the oil and gas industry in Scotland.”