November 25, 2013
JPL Signs Agreement To Assist In Oil And Gas Tech Development
NASA's Jet Propulsion Laboratory
Charles Elachi, director of NASA's Jet Propulsion Laboratory in Pasadena, Calif., met with top executives of the Norwegian-based oil and gas company, Statoil, on Friday, Nov. 22, in a ceremonial signing of a new agreement to assist in the development and subsequent transfer of technologies to Statoil and America's oil and gas activities. The focus will be on enabling safe and efficient development and production of U.S. and world fossil fuel reserves.
Statoil has large holdings in the U.S., in such challenging environments as offshore and tight shale formations. It is number 39 on the Forbes 500 list of the world's largest companies.
"This agreement is the latest example of how NASA and JPL technologies can benefit us here on Earth. It's also an example of how collaborations with other industries can be beneficial to space exploration," said JPL Director Charles Elachi.
In addition to a general tour of JPL prior to the signing ceremony, Statoil representatives also had an opportunity to see JPL's Microdevices Laboratory, where some of these technologies are being developed.
The California Institute of Technology in Pasadena manages JPL for NASA.
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