The Industry Technology Facilitor (ITF) is a non-profit UK based organization established in 1999 by the Oil and Gas Industry

Petroleum industry

The petroleum industry includes the global processes of exploration, extraction, refining, transporting , and marketing petroleum products. The largest volume products of the industry are fuel oil and gasoline...

. Its stated goal is to "identify technology needs, foster innovation and facilitate the development and implement new technologies."

ITF currently have a staff of eleven, focused on adding value through a partnership interaction with operator members to understand their business driven technology needs. Thereafter ITF adopts a systematic process to seek out technology solutions and innovations to meet its members’ business-driven technology needs and carries these forward through development of joint industry projects (JIPs), field trials and ultimately, implementation.

ITF is currently owned and managed by the following member companies: BP

BP

BP p.l.c. is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas "supermajors"...

, BG Group

BG Group

BG Group plc is a global oil and gas company headquartered in Reading, United Kingdom. It has operations in 25 countries across Africa, Asia, Australasia, Europe, North America and South America and produces around 680,000 barrels of oil equivalent per day. It has a major Liquefied Natural Gas ...

, Chevron

Chevron Corporation

Chevron Corporation is an American multinational energy corporation headquartered in San Ramon, California, United States and active in more than 180 countries. It is engaged in every aspect of the oil, gas, and geothermal energy industries, including exploration and production; refining,...

, CNR International, ConocoPhillips

ConocoPhillips

ConocoPhillips Company is an American multinational energy corporation with its headquarters located in the Energy Corridor district of Houston, Texas in the United States...

, ENI

Eni

Eni S.p.A. is an Italian multinational oil and gas company, present in 70 countries, and currently Italy's largest industrial company with a market capitalization of 87.7 billion euros , as of July 24, 2008...

, ExxonMobil

ExxonMobil

Exxon Mobil Corporation or ExxonMobil, is an American multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller's Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. Its headquarters are in Irving, Texas...

, Halliburton

Halliburton

Halliburton is the world's second largest oilfield services corporation with operations in more than 70 countries. It has hundreds of subsidiaries, affiliates, branches, brands and divisions worldwide and employs over 50,000 people....

, Hess

Hess

Hess or Heß may refer to:* People with the surname Hess * Hess Educational Organization, the largest private provider of English instruction in the Republic of China...

, Maersk Oil, Statoil

Statoil

Statoil ASA is a Norwegian petroleum company established in 1972. It merged with Norsk Hydro in 2007 and was known as StatoilHydro until 2009, when the name was changed back to Statoil ASA. The brand Statoil was retained as a chain of fuel stations owned by StatoilHydro...

, Shell

Royal Dutch Shell

Royal Dutch Shell plc , commonly known as Shell, is a global oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the fifth-largest company in the world according to a composite measure by Forbes magazine and one of the six...

, Talisman Energy

Talisman Energy

Talisman Energy Inc. is one of Canada's largest petroleum SB companies. Based in Calgary, Alberta, Talisman Energy has operations around the globe including: Canada and the United States of America in North America; Colombia and Peru in South America; Algeria in North Africa; United Kingdom,...

, Total

Total S.A.

Total S.A. is a French multinational oil company and one of the six "Supermajor" oil companies in the world.Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and...

, Weatherford

Weatherford

Weatherford may refer to:Towns and cities*Weatherford, Texas, medium city in Parker County*Weatherford, Oklahoma, small city in Custer CountyPeople...

 and Woodside

Woodside

- Australia :*Woodside, South Australia, a town*Woodside, Victoria, a town*Woodside Petroleum, an Australian company- Canada :*Woodside National Historic Site, the boyhood home of William Lyon Mackenzie King...

.

To date ITF have successfully facilitated the launch of over 100 JIPs, representing a direct investment of £28 million and more than 20 successful field trials.

The topics addressed by these ITF sponsored technologies include seismic resolution, complex reservoirs, cost-effective drilling and intervention, subsea, maximising production, integrity management, and environmental performance.