Woodside to pump $10M into Monash innovation centre
- 16 June, 2016 12:12
Oil and gas giant, Woodside, will contribute $10 million over the next five years into Monash University’s Innovation Centre.
The university said it is establishing a globally-connected innovation hub to accelerate advances in materials engineering, additive manufacturing and data science. Woodside’s contribution is the largest corporate philanthropic gift in Monash’s history.
Woodside engineers and Monash researchers will develop and test prototypes in the laboratory, which they hope will lead to new applications for the energy sector and other industries.
New technology includes a selective laser melting 3D printer – claimed to be the most precise and dimensionally correct 3D printer available. It is capable of manufacturing components used in oil and gas plants.
The innovation centre is part of Woodside’s FutureLab network at Curtin University and the University of Western Australia in Perth.
“Launched last year, our FutureLabs are building an ecosystem of scientific and technological innovation through collaborations with research institutions, startups, entrepreneurs and adjacent leading industries,” said Woodside’ senior VP and CTO, Shaun Gregory.
Professor Frieder Seible, dean at Monash’s faculty of engineering and IT, said today’s important innovation drivers are new materials, manufacturing methods, and data analytics.
“Monash engineering and information technology research and expertise is leading in all three areas: in particular in the additive manufacturing of duplex and super duplex stainless steels,” professor Seible said.
“With 3D printed components rapidly coming online, Monash is at the forefront of the next-generation of manufacturing capability in Australia. In addition, Monash has Australia’s most advanced 3D visualisation environment for fully immersive analytics of big data sets.
“These leading capabilities provide Woodside engineers, embedded at the centre’s lab, the opportunity to transfer that technology back to the workplace," he said.