GE-Statoil Initiative Launches Second Open Innovation Challenge Focused on Water Reduction and Reuse

HOUSTON, Jul 07, 2015 (BUSINESS WIRE) — GE and Statoil’s Sustainability Collaboration has launched the call for entries for its second Open Innovation Challenge focusing on water usage in the development of onshore unconventional oil and gas reservoirs. Through crowd sourcing, the Challenge seeks to find innovative solutions for both reducing fresh water usage and treating and reusing water from development activities—while maintaining or improving productivity.

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