There are several hubs around the North Sea which will still be producing in a decade’s time – but 12 of these will be “key” thanks to their production upsides and emissions intensity, according to new research.
With the transition to net zero gathering momentum, the importance of innovative subsurface technology and expertise to maximise economic recovery and diversify the energy mix will be the focus of two upcoming SPE Aberdeen events.
Equinor plans to breathe new life into a decommissioned gas field straddling the border between the UK and Norwegian sectors of the North Sea.
Despite the challenges of a diverse basin made up of frontier and mature areas and a diverse mix of companies operating mature assets, there is recognition of the bright future that remains on the UK Continental Shelf (UKCS) and our industry has been working to deliver some significant performance achievements.
Sponsors of an oil and gas industry conference have agreed to support the event so it is free to attendees for the first time in its 13-year history. Devex 2016 organisers said the change was in response to the current economic environment.