A lot have happened in the energy business the past two years, and the industry finds itself in a time of transition – which is the main theme of ONS 2016. This year’s ONS will focus on how the industry can grow and evolve from here, by exploiting business opportunities that arise in the transition to the new market situation.
Aberdeen City and Aberdeenshire councils have teamed up to promote opportunities for north-east firms at the Offshore Northern Seas (ONS) exhibition, conference and festival in Stavanger, Norway, in August.
It’s only natural to become caught up in your own affairs and put national interests first. But, we must endeavour to keep a European perspective and also an international perspective. This year’s ONS shows we’re not adverse to global workforce sharing. Many delegates are men and women who are already working or becoming fully-fledged energy ex-pats in the likes of Houston, Singapore, Dubai or Perth.
I’d like to see the same adventurous spirit closer to home.
Travel management technology for the offshore energy sector could offer as much cost saving to oil and gasfield operators as does the use of remote operation of platforms.
More than 50 % of the oil in existing fields on the Norwegian Continental Shelf (NCS) cannot be produced with current methods, either because the oil is immobile or because the chosen injection strategies lead to insufficient sweep efficiency.
Norway is sitting on 10 billion barrels in discovered but untapped oil and gas reserves representing a £64billion prize - but “significant challenges” must be overcome in order to maximise the value of these projects, a new report has found.
Martin Landrø, the man behind developing 4D seismic, was given the Norwegian Petroleum Directorate's (NPD) IOR award for his contribution to the industry.
A new oil junior, Origo Exploration, has been launched in Stavanger to target opportunities in the Norwegian and UK sectors of the North West Europe Continental Shelf.
In the face of depleting fields and increased energy demand, operators and suppliers depending on the Norwegian Continental Shelf (NCS) need to seriously address chronic concerns or face riding the decline curve for the foreseeable future, according to industry leaders.
Norway presents a unique opportunity to the independent explorer due to its very favourable tax credit system, to help with exploration costs, and the sheer scale of the under-explored continental shelf.
More than half of the £120billion due to be invested in the Norwegian North Sea in the next decade will be spent boosting oil recovery from existing fields, according to new analysis prepared for ONS 2014.
The Saudi Arabian national oil company has revealed plans to more than double its exploration efforts in order to make up a widening shortfall in global oil and gas reserves.