The Oil & Gas Technology Centre (OGTC) has unveiled the appointment of Martin Gilbert as chair.
Gilbert will succeed Archie Kennedy at the Aberdeen-based research and technology centre. Kennedy has served as Vice Chair and Chair of the OGTC since it was first established in February 2017.
Commenting on his appointment, Gilbert said: “Aberdeen has been a major part of my life – both professionally and personally – and I am passionate about investing in the future prosperity of the North East of Scotland.
“Despite the significant economic challenges facing the country as a result of the coronavirus pandemic, governments and industry remain committed to delivering net zero.
“The OGTC, therefore, has a crucial role in developing technologies to enable the oil and gas sector to be a valued part of the transition.”
Gilbert commands a wealth of business leadership experience, having previously co-founded Aberdeen Asset Management and served as Vice Chair at Standard Life Aberdeen.
In January this year, he joined Revolut as Group Chairman.
Colette Cohen OBE, Chief Executive of the OGTC, said: “We’re excited to welcome Martin to the Oil & Gas Technology Centre at this pivotal time for the oil and gas industry.
“His extensive experience and strategic leadership will be invaluable as we accelerate technology to support the post-Covid-19 recovery and deliver a net zero North Sea.”
Cohen noted that Archie Kennedy has been “integral” to the growth and success of the Centre since its inception in 2017.
The OGTC was established with £180 million funding from the Aberdeen City Region Deal, and has grown to become the go-to technology centre for the oil and gas sector.
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Through partnerships with industry it has invested in nearly 250 innovative projects that could generate up to £15 billion in value to the UK economy.
More recently, the OGTC worked closely with both the UK and Scottish Government’s to create a Net Zero Solution Centre, which aims to accelerate technology to support the UK’s transition to a net zero economy.
Reflecting on his time at the OGTC, Kennedy said: “I’m incredibly proud to have been part of the OGTC journey and to have helped build an innovative organisation which, in the space of a few short years, has delivered such a strong track record.”