Take Energy Voice’s survey and be in with a chance to win a luxury, champagne break for two at the Macdonald Norwood Hotel.
Energy Voice’s latest sector research campaign is aimed at uncovering opportunities in a low oil price environment.
Dubbed Sub-$50 Oil: New Perspectives and Hidden Opportunities, the survey delves into the sector’s current down-cycle, examines its knock-on effects and identifies the critical gains still available regardless of Brent benchmarks.
To be in with a chance to a luxury weekend break for two all you have to do is take the survey here or register for the associated breakfast at this year’s Offshore Technology Conference here. Able to do both? That’s two entries.
Take the survey here.
Register for the event here.
The prize includes an overnight bed and breakfast stay for two in one the hotel’s feature suite bedrooms, a bottle of champagne on arrival, afternoon tea for two and dinner for two (up to an £80 value) in its two-time AA-Rosette Award winning restaurant.
The prize, worth £400, must be redeemed by September 30, 2016.
The survey results will be revealed at a panel event at this year’s Offshore Technology Conference (OTC) on Tuesday, May 3 at Hilton Post Oak in Houston.
Panelists include Paul de Leeuw, director of the Oil & Gas Institute at Robert Gordon University (RGU); Paul Latiolais, director of the Innovation and Commercialization Center at Lamar University; Jamie Stark, oil & gas partner at Burness Paull and Jeremy Cresswell, the Press and Journal’s energy editor.
“For a sector whose history is one of cycles and volatility, a consistent theme is to make the most of this crisis. That is, to learn from past and to recognise the need to improve efficiencies and better collaboration and to help create a sustainable industry at lower oil prices. And that is the challenge the industry has been facing up to,” panelist Jamie Stark.
“The industry has the opportunity to find new solutions to bring swifter and more sustainable recovery in the North Sea, particularly for less economically viable fields. Impetus can be injected by the emergence of new ‘think tanks’ and driving innovation like the Oil & Gas Authority and the Oil and Gas Technology Centre.”
The panel will tackle a range of topics, including the roles diversification and technology will play in a sub-$50 oil price environment.
The research and breakfast are sponsored by the Regional Economic Development Initiative (REDI) in Texas and Burness Paull, a leading Scottish law firm.
REDI’s Regina Lindsey said: “The price collapse has created a market that encourages existing operators, who have not been sellers the last 10 years, to divest non-core assets.”
However, Lindsey stressed investing in the sector was as critical as ever.
The chief executive of the Greater Beaumont Chamber of Commerce added: “I realise there’s a great deal of appetite for renewable energies and encourage continued exploration. However, very few of these have yet to prove effective in sources of energy, development, affordability, or market demand. Thus, fossil fuels, to date, is the most effective energy. Additionally, the US economy and individual wage earners are heavily dependent on its viability. It is irresponsible to create an environment in which the industry collapses permanently.”
Panelist de Leeuw added: “These conversations need to happen to make people aware of the opportunities still there and take notice of this incredibly important part of the industry.”
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Make sure to leave your email at the end of the survey to be in with a chance to win. Additional questions? Email rita.brown@ajl.co.uk.