George Osborne Opens Thornton Science Park - Wood Group Intetech HQ

Thornton Science Park, the site of Wood Group Intetech’s headquarters in Chester, UK, welcomed Chancellor of the Exchequer, George Osborne, last week as he officially opened the facility.

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The major research and innovation hub for the North West of England was donated to the University of Chester and is home to a number of prestigious science and technology businesses, including world- leading well integrity management firm, Wood Group Intetech.

The official opening was part of a series of key developments for the facility, which will eventually hold 1,000 students and 3,000 workers following a £31m government investment into the project. The chancellor’s visit follows Prime Minister David Cameron’s announcement of a new long-term economic development plan for this region of the country.

Mr Osborne told The Chester Chronicle: “Thornton Science Park’s cutting edge research exemplifies what makes the UK’s scientific and industrial base great.

“It is home to extraordinary businesses conducting cutting edge research.

“I’m delighted that Thornton will be receiving a share of government funding to create a new centre of energy technology excellence as part of our drive to create a Northern Powerhouse.”

The site in Chester is home to Wood Group Intetech’s global headquarters, where it develops industry-leading well integrity software for customised well integrity management, corrosion analysis and materials selection. The company’s latest innovation, iQRA, is a software platform that enables operators to benchmark the reliability of well components against a global dataset to optimise their well performance.

Managing Director and internationally renowned engineer, Dr Liane Smith, said: “We are delighted to have had George Osborne on site, emphasising the significance of this base for enterprise and innovation that we are extremely proud to be a part of.”