Advancing Clean Technologies: New Geoscience BC and the Petroleum Technology Alliance Canada Agreement

August 6, 2020 – Vancouver, British Columbia and Calgary, Alberta – A new agreement between Geoscience BC and the Petroleum Technology Alliance Canada (PTAC) sets out how the organizations will share research, advance development, commercialization, and deployment of oil and gas clean technologies.

The memorandum of understanding (MOU) includes details on how Geoscience BC and PTAC will use innovation, collaborative applied research and technology development, demonstration, deployment and technology commercialization to help Canada to produce sustainable clean energy oil and gas resources.

“The Petroleum Technology Alliance Canada is a natural partner for Geoscience BC. This new agreement will help to make sure Geoscience BC research is reaching oil and gas sector operators, and it provides another way for sector input into future research projects.”
Gavin C. Dirom, President and CEO, Geoscience BC

“The MOU has established a framework for a collaborative working relationship between Geoscience BC and PTAC to share research results and better inform technology providers about the industry environmental challenges.  The outcomes are best practices to reduce oil and gas environmental footprints in a cost-effective manner.”
Soheil Asgarpour, President, PTAC

About Geoscience BC
Geoscience BC generates independent, public geoscience research and data about British Columbia’s minerals, energy and water resources. This advances knowledge, informs responsible development, encourages investment and stimulates innovation.

Our collaboration with the resource sectors, academia, communities, Indigenous groups and government develops and shares unbiased and credible earth science research and data.

Geoscience BC is a not for profit society incorporated under the BC Societies Act.

About PTAC
Petroleum Technology Alliance Canada (PTAC) is a Canadian hydrocarbon industry association serving as a neutral non-profit facilitator of collaborative R&D and technology development, and operates in partnership with all industry stakeholders to transform challenges into opportunities. By effectively leveraging financial resources and technical expertise through our proven model, PTAC has been able to able to support collaborative networks which advance innovative R&D and technology development projects, that address pertinent industry challenges through activities which reduce costs, improve operational efficiencies, enhance environmental stewardship, advance regulatory development, and provide our industry with the social license to operate.

Accessing Information
View a copy of the MOU on the Geoscience BC website.

For more information, please contact:
Richard Truman
Director, External Relations
Geoscience BC
604-662-4147 / 778-929-1662