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Events

Offshore Europe

Simon Flowers: The big prize in the UK’s small pools

Since the 2014 Wood Review, Maximising Economic Recovery has been the remit of the Oil and Gas Authority. To achieve this, data transparency was a key aim, and in late 2016 the OGA delivered a 'Small Pools' dataset. Here, free data packages were provided for undeveloped resource on the UKCS.

Offshore Europe

EV Guest Editor: We need to dispel dark cloud of decom

Decommissioning is not the dark cloud over the UK oil and gas industry it has sometimes been portrayed to be. While it does present significant and inevitable challenges, none of these are insurmountable and if tackled in the right way there is a huge opportunity to drive further value from the UK Continental Shelf (UKCS) whilst also maximising economic recovery provided. However, this will require detailed and co-ordinated decommissioning strategies to be implemented across the industry.

Offshore Europe

Promoted: Forging a new link with the supply chain

The North Sea economy has seen dramatic change in the last 36 months, from a period of frenzied activity on the back of unprecedented highs in the commodity value of oil followed by frantic measures to cut spend to reflect a falling unit price. This roller coaster ride has now been followed by a period of extended soft recovery where the industry grapples with the lower for longer scenario of present day oil economics.

Offshore Europe

Do digital technologies hold the key to a profitable North Sea future?

Attend any industry conference and signs that the wider oil, gas and chemicals industries are starting to embrace digitalisation will soon become apparent. The audience is moving from predominantly information technology (IT) personnel interested in the bits and bytes of data, to that of production engineers or management keen to know exactly and practically how digital can save the day.

Offshore Europe

Promoted: OE’s barometer is anticipated

Like everyone in Aberdeen, and probably the wider industry, I’ve awaited Offshore Europe 2017 with a certain level of trepidation that it will struggle to live up to previous years – particularly given cutbacks by many companies and the fact that many more are no longer in existence.

Opinion

Deirdre Michie: What’s next for the North Sea?

As Aberdeen welcomes delegates from more than 140 countries to the city for an intensive week of stimulating debate, fact-packed presentations and networking at Offshore Europe, Oil & Gas UK looks forward to sharing its update on where our UK offshore industry is heading next.

Offshore Europe

OE’s Catherine MacGregor: Breaking with Tradition

With the opening of SPE Offshore Europe 2017 and the industry showing signs of recovery, it is time to shed some positive light on the future of our industry. The past three years have been extremely tough, but we have also learnt a lot. We have seen a few initiatives from industry stakeholders that have resulted in a 50% reduction of operating costs in the UKCS since 2014.