TEES and GTI announce energy research partnership

World Oil, June, 2002 by $7 Million

Texas A&M University's Texas Engineering Experiment Station (TEES) and the Gas Technology Institute (GTI) have signed a memorandum of understanding that creates a research partnership focused on ultra-deepwater petroleum development and unconventional resources. Under terms of the MOU, a new Texas non-profit company will be established.

The firm will be called Research Partnership to Secure Energy for America (RP SEA). Formalization of the partnership is expected by the end of summer 2002. Roland Haden, vice chancellor for engineering and director of TEES, said RPSEA will play a leading role in cutting-edge research. That is essential to meet the future energy needs of the US. An initial $7 million worth of funding from GTI will enable significant efforts to begin immediately, said GTI President and CEO John Riordan.