Lowering the life-cycle cost of North Sea field developments will be the focus of an industry event in Aberdeen today.
Regulatory body, the Oil and Gas Authority (OGA) and the Oil & Gas Technology Centre (OGTC) have joined forces to host the event at the AECC.
The Technology Forum will look at ways to unlock the UK’s remaining resources, particularly the future oil and gas developments being offered in the recently launched 30th Offshore Licensing Round.
Operators, prospective investors and technology developers are all expected to attend to hear about the latest developments in seismic, well construction, subsea tie-backs and standalone facilities.
More than 180 people have registered.
This includes over 35 exhibitors from SMEs to major service providers including PGS, Baker Hughes, a GE company, Amplus and Western Geco.
The audience are expected to head from the OGA regarding the acreage and the opportunities available in the 30th Licensing Round.
The OGTC will also discuss ongoing projects and the opportunities to fund and support the development and deployment of new technology for the North Sea.
Gunther Newcombe, OGA operations director, said: “The 30th Licensing Round offers companies a significant opportunity to take a fresh look at large areas of acreage, some of which has not been available since 1965.
“The OGA is supporting this with a massive suite of new data packs to help companies build their portfolios.”
Chris Pearson, OGTC small pools solution centre manager, added: “This is another first for the OGA and OGTC.
“We are working collaboratively with an innovative and supportive group of companies to make the license round a success.”
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