In August the Oil and Gas Authority (OGA) and the Oil & Gas Technology Centre (OGTC) joined forces to host a new industry forum which highlighted how technology can advance and significantly lower the life-cycle cost of North Sea field developments.
“We were very excited to exhibit at the event and we met with a number of very interesting delegates over the day,” says Head of Sales, Andrew Fisher. “We now have a number of areas to follow up, including one significant business opportunity."
The Technology Forum, held at the Aberdeen Exhibition and Conference Centre (AECC), focused on unlocking the UK’s remaining resources, particularly the future oil and gas developments being offered in the recently launched 30th Offshore Licensing Round. The OGTC also discussed its ongoing projects and the opportunities to fund and support the development and deployment of new technology for the North Sea.
“It was particularly interesting to hear about the acreage and opportunities available in the 30th licensing round,” says Andrew. “800 blocks are on offer with a total area of about 100,000 km2. The OGA is keen to promote the viability of the fields and to encourage interest. In the scoring for the submissions, the technology that will be used will be important. The OGTC is also offering tech support for the development of “small pools”, an area where it is aiming to cut capex requirements in half.”
The Forum brought together operators, prospective investors and technology developers to meet and share knowledge on the latest developments in seismic, well construction, subsea tie-backs and standalone facilities.
“A number of industry case studies highlighted the benefits of reusable technology and there were some interesting talks on sub-sea issues,” says Andrew. “These included robotics and nano-technology, well-mapping technology and an asset stewardship taskforce being run by Chevron, BP, Shell and Statoil.
More than 300 people attended keynote presentation sessions and participated in the technology Forum. Participants included over 35 exhibitors from SMEs to major service providers including PGS, Baker Hughes, a GE company, Amplus and Western Geco, showcasing innovative solutions, expertise and insights in the technology arena.
For more details, contact Andrew Fisher.
NEL is a world class provider of technical consulting, research, measurement, testing and programme management services to clients across many industries including oil & gas, renewable and sustainable energy, process and government.
NEL also holds the UK National Standards for flow measurement and has an international reputation in key engineering areas such as flow measurement, computational fluid dynamics, environmental and thermal engineering.