Interim report projects funded by EEC (European Economic Community) for offshore research
In Nov. 1973, the EEC first adopted the principle of subsidizing work in the offshore field to improve technological development activities; since 1973, the EEC has awarded three programs (for 1974, 1975, and 1977) for 95 projects. The most recent grants, in 1977, for 40 projects at a subsidy cost of $66.8 million are tabulated, showing project category, company, estimated investment, and project description. Project categories include pipelaying, pipeline transport, underwater storage, LNG storage and transport, etc. Under the grant system, the community contributes 40Vertical Bar3< to projects on exploration and production techniques, 35Vertical Bar3< for development of production equipment and machinery, and 25-30Vertical Bar3< for technological development projects for transport and storage of hydrocarbons. According to the EEC commission, 65 projects have been submitted for a fourth program for which the total amount provided in the budget is $43.8 million.
- OSTI ID:
- 6501492
- Journal Information:
- Ocean Ind.; (United States), Journal Name: Ocean Ind.; (United States) Vol. 13:10; ISSN OCIDA
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
290500* -- Energy Planning & Policy-- Research
Development
Demonstration
& Commercialization
COMMON MARKET
ECONOMIC DEVELOPMENT
EUROPEAN COMMUNITIES
FINANCIAL INCENTIVES
INTERNATIONAL ORGANIZATIONS
OFFSHORE OPERATIONS
RESEARCH PROGRAMS
SUBSIDIES
TECHNOLOGY TRANSFER
TECHNOLOGY UTILIZATION