Member organizations will enjoy a number of benefits; range from the technical information to the financial impact of bringing this new technology to marketplace accessibility. Specifically the benefits have been summarized below.
- Reduction in risk in using this database for offshore exploration.
- Reduction of research and development costs.
- Industry accord though teamwork of operators, service provider and suppliers.
- Access to technology developers, researchers, government organizations, and NGO’s.
- First hand knowledge of best technology to enhance oil production.
- Detailed testing of procedures from leading oil exploration companies.
In addition to the benefits described, new joining corporations will be entitled to:
- Share the data to understand the evolutionary process that the JIP will be gone through
- Details of presentations made to the JIP by members, reporting the progress of the various phases of the project.
- View the summary report assessing the operating environment and reservoirs.
- Opportunityto utilize new technology for installation of equipments in new sites.
- Industry consent through partnership of member companies.
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