Development of new technologies comes with many benefits and challenges. In the particular case of the oil and gas sector, companies are searching for new and innovative solutions to increase the overall competitiveness in the industry. However, creating and applying new field testing technologies in offshore facilities may prove to be challenging due to the high costs and risks they imply, especially after the oil and gas industry entered a downcycle in 2014. The Norwegian market experienced a similar situation in 1998 when the oil prices plunged from US $46 to below US $10 per barrel. Thus, the Norwegian Research Council established DEMO2000 to maintain competitiveness in the Norwegian Continental Shelf and motivate companies to keep investing and producing oil in Norway. This program focuses on testing and qualifying technology that is beneficial for the Norwegian oil and gas industry. The goal was to successfully carry out economical operations in a scenario where the oil barrel price was at US $8 per barrel.