Institute of Petroleum facts for kids
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Formerly
|
Institute of Petroleum Technologists |
|---|---|
| Public company | |
| Industry | Petroleum, oil and gas |
| Fate | Merged with Institute of Energy to form the Energy Institute |
| Successor | Energy Institute |
| Founded | 1913 |
| Founder | Sir Thomas Boverton Redwood and Arthur Eastlake |
| Defunct | July 2003 |
| Headquarters | 61 New Cavendish St, Marylebone, London W1G 7AR UK |
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Area served
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International |
| Services | Standards setting, information dissemination to corporate and individual members |
The Institute of Petroleum (IP) was a UK-based professional organisation founded in 1913 as the Institute of Petroleum Technologists. It changed its name to the Institute of Petroleum in 1938. The institute became defunct when it merged with the Institute of Energy in 2003 to form the Energy Institute.
Background
The Institute of Petroleum Technologists was established in 1913 by the consulting chemist and engineer Sir (Thomas) Boverton Redwood (1846–1919) and Arthur Eastlake. At the institute's inaugural meeting in 1914 Sir Thomas stated that the aim of the institute was to determine a “hallmark of proficiency in connection with our profession". He emphasised the need to amalgamate the diverse knowledge and interests of the various branches of the oil industry. In 1938 the institute changed its name to the Institute of Petroleum and membership was opened to all professions associated with the oil and gas industries.
Operation
The Institute of Petroleum had similar goals to the Energy Institute but was specifically focused on the oil and gas industry, whereas the Energy Institute also covers other forms of energy including nuclear and alternative energies.
The IP designation still survives, for example in the specification of test methods in the petroleum industry. The Energy Institute still runs an "International Petroleum (IP) Week", a series of events and seminars aimed at the petroleum industry.
The institute's crest was an Archaeopteryx with the Latin motto conjunctione potiores (translated as 'preferential coupling').
See also
- American Petroleum Institute
- Oil and gas industry in the United Kingdom
- Oil terminals in the United Kingdom
- Petroleum refining in the United Kingdom
