Innovation and Collaboration Platform for the Oil and Gas Industry

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1 and Platform for the Oil and Gas Industry

2 Applied intelligence We re doing something new. We ve built an efficient and secure platform to apply innovation intelligence across the oil and gas industry, globally.

3 Who is NUREKA? NUREKA is a collaboration between NERA - National Energy Resources Australia and Eureka Platform Pty Ltd NERA and Eureka saw an opportunity to help advance the energy resources innovation culture acrossaustralia. is in our blood and connecting agile inventors, researchers and investors with industry is a huge opportunity - for everyone. NERA is an Industry Growth Centre established under the Australian Government and Competitiveness Agenda with a focus on the energy resources sector. NERA has the mandate, capacity and vision to promote Australia s energy resources sector on the global stage. As an incorporated, independent, not-for-profit company governed by a board of industry experts. Eureka Platform Pty Ltd is managed by industry experts, experienced strategists, management consultants and entrepreneurs. Eureka developed a digital platform to facilitate innovation through collaboration in order to enhance competitiveness, increase productivity, help businesses and facilitate export growth. We have combined our industry knowledge and experience with technology to connect a new community of innovators & entrepreneurs to the challenges faced in the oil and gas industry

4 How does your process look? Is your R&D process often inefficient and unfocused? Is your often an idea problem? Is your often a closed process? Hard problems need a wide audience, but there is often no easy way for companies to confidentially share their problems.

5 What is the? : It s not an idea problem; it s a recognition problem Solve Problems. Don t Build Ideas If you can train yourself, and ultimately your organization, to start the innovation process with clearly defined problems rather than ideas, you will be well on your way to becoming a high-performing innovator.

6 What is NUREKA? NUREKA is an open source platform, providing both innovation and collaboration capability within a single platform structure, for users across the entire oil and gas ecosystem. A place where oil and gas challenges find solutions A place where innovators can showcase their solutions to a global oil and gas market An open platform where users can access potential funding sources and investors A tool that uses the interacting ecosystem to accelerate outcomes

7 NUREKA Ecosystem Companies Innovators Researchers Investors Companies can access solutions and post challenges to operational, production and processing issues, business systems, technical, services, asset management, equipment maintenance problems and view innovate concepts and new products. Suppliers, service providers, developers, innovators and start ups with innovative ideas and solutions, products or systems can respond to challenges and opportunities and can post new concepts and new products. Researchers can provide solutions to challenges, promote their research capabilities and also seek partnerships and alliances to promote, develop and deliver innovative solutions. Investors (organisations and individuals), can explore investment opportunities of new concepts and ideas that already have a potential market.

8 NUREKA Features driven It is based on the concept that innovation it s a recognition problem Facilitates collaboration enabling you access to operators, suppliers, innovators and researchers to co-create, develop and apply solutions to your business challenges Open Source Provides you access to challenges and seek solutions from within the oil and gas industry and from other sectors - i.e. manufacturing, materials, processing etc. Industry Driven Driven by your needs and challenges these can be both complex or simple allowing you access to a previously untapped resource Global Access Allows you to generate and post innovation and/or collaboration opportunities and challenges from anywhere in the world Security and Confidentiality Ensures your identity, data and confidential information is secure and private

9 NUREKA Benefits Cross Industry Acceleration of outcomes through the interacting ecosystem Optimisation of your R&D processes Simplification of the innovation process Access to a global community of innovators and a wide range of new technologies

10 The Nureka

11 Registration The Registration process requires selection of the Account Types There are 4 different Account Types: Corporate, Executive, Premium+, Premium It requires accepting T&C and Privacy Policy of the Platform Through the Registration process Organizations nominate an authorized representative in order to manage and control multiple users in the same Organization.

12 Nureka s are categorised (upstream midstream downstream) Supplementary Material can be uploaded. There are specific Terms and Conditions that apply and can be uploaded by the Users to suit the. Users can choose to remain anonymous to the on-line community.

13 Nureka Once a is posted, other User types can apply to solve the. There are various filtering options available to view the s ü By Category (upstream midstream downstream) ü By Location (country of Origin) ü By Type (public / anonymous) ü By Closing Dates (date ranges) Users can drill-down into the details of each individually. Clicking the Apply button allows users to start the 4-step process of applying to the.

14 Nureka There is a 4-step process for applying to a : ü Agreeing to the specific Terms & Conditions. ü Supplying information about yourself and/or your Organisation. ü Supplying the relevant information about your. ü Previewing the before posting it. The Technology Readiness Level and Technology Stage categories help Users of the site categorise the concept. Users can choose to seek investment, which makes the submission accessible to Investors using this site.

15 Nureka Shortlist and Award When a is closed (no more applications are accepted), the User can start a 2-step process for Shortlist or Reject s received and then eventually (within the shortlisted s) for Award the. Corresponding notifications are issued to all parties to communicate any activity on the site, particularly in relation to posting s and thestatus of the (i.e. short list, rejected or awarded). Users enter into a Confidentiality Agreement when opening any of the proposed.

16 Nureka Shortlist and Award Step 1: Users that list s can check applications received under the My s page and can Short List or Reject any of the proposed.

17 Nureka Shortlist and Award Step 2: Users can Award the to any of the shortlisted Corresponding notifications are issued to all parties to communicate any activity on the Platform, particularly in relation to posting s and thestatus of the (i.e. short list, rejected or awarded).

18 Nureka New s are categorised (upstream midstream downstream). The Technology Readiness Level and Technology Stage categories help users of the site categorise the concept. Supplementary material can be uploaded. Users can choose to seek investment, which makes the submission accessible to Investors using this Platform.

19 Nureka Respond to a New Once a New is posted, it can be viewed under the New s page. There are various filtering options available to view the New s: ü By Category (upstream midstream downstream) ü By Location (Country of origin) ü By Closing Dates (date ranges) Users can drill-down into the details of each New individually. Clicking the Apply button allows Users to start the process of replying to any of the New. Users enter into a Confidentiality Agreement when opening any of the New.

20 Nureka The Process can take the following forms: : Commences the process for posting a new opportunity to share Data, Projects, Resources, Facilities. Request: Commences the process for submitting a request for collaboration on Data, Projects, Resources, Facilities.

21 Nureka Apply to Users can view opportunities that others have posted. There are various filtering options available to view the Opportunities: ü By Area (Data, Projects, Resources, Facilities) ü By Category (upstream midstream downstream) ü By Location (Country of origin) ü By Type ( vs Request) ü By Closing Dates (date ranges) Users can drill-down into the details of each opportunity. Clicking the Apply button allows users to start the process of collaboration.

22 Nureka Investors New s and s that selected the requirement for investment can be or viewed here by any Investor User type. There are various filtering options available to view the Open Opportunities: ü By Category (upstream midstream downstream) ü By Location (Country of origin) ü By Closing Dates (date ranges) Users can drill-down into the details of each new opportunities individually. Investors enter into a Confidentiality Agreement when applying for Opportunities.

23 Connect Please contact us if you are interested in joining this exciting new online ecosystem or you require more information about NUREKA Board Jason Brotherson NUREKA Chairman T: E: Miranda Taylor NUREKA Director T: E: Davide Bruno NUREKA Director T: E: