Oil experts from industry and academia will debate the obstacles to extracting the North Seaโs remaining reserves at a conference in Aberdeen this week.
The list of speakers includes top petroleum economist Professor Alex Kemp, Shellโs UK director for upstream, Paul Goodfellow and Amec Foster Wheelerโs group president for northern Europe and Commonwealth of Independent States, John Pearson.
The event, organised by Aberdeen University, will take place at the Kingโs Conference Centre on Thursday.
Aberdeen University yesterday unveiled a new ยฃ500,000 piece of equipment that will help to spur exploration and drilling in the North Sea.
The rock deformation kit, which was built to the universityโs specifications by Sanchez Technologies in France, effectively brings the earthโs crust to the laboratory.
It tests how rock and cement samples react to high pressure, high temperature (HPHI) conditions, before providing data that informs the decisions of exploration and drilling companies.
In February last year, the formal launch of OGAS (established 2012) took place at the Scottish Parliament, where its fresh-out-of-the-box director, Rulzion Rattray, outlined the potential and new opportunities made available through the formation of the academy.
Three UK institutions are working to develop enough electricity to power two universities.
The Crown Estate, Aberdeen University and The Robert Gordon University (RGU) are to carry out a project that will produce enough energy for two universities.