The North Sea Is Alive!

12 November 2008 Aberdeen Evening Meeting

Chairman Brian Nixon, Director of Energy, Scottish Enterprise
Sponsored by Framo Engineering UK Ltd and Simmons & Company International

Report by David Liddle

Flyer

Overview

The North Sea has been recognised in the industry as a key player in the energy business for over 30 years and has seen many changes both in technology and operators. Today's market can only be described as mature, however dynamic, where we see many new operators rising to the business challenge; developing marginal fields and optimising enhanced recovery technology to add the value.

Presentations

The Impact of M&A Activity on the Future Development of the North Sea

Bob Gray, Principal Director, Simmons, E&P Corporation Finance Team

The majors still dominate UK Continental Shelf (UKCS) activity despite many new entrants. Will the UKCS remain important for the majors? is significant rationalisation overdue? What will precipitate it and who will replace them?

Growing a Small E&P Company in the Highly Competitive North Sea

Mark Maclennan, Business Development Manager, Faroe Petroleum plc

Creating opportunity through a high risk, high impact exploration strategy balanced with a increasing production and appraisal asset base.

The Brenda Story – How an Operator Used Leading-Edge System Technology to Optimise Enhanced Recovery in a Brown Field Development

Pieter voor de Poorte, Subsea Engineer, Oilexco

The technology approach was to use a light-weight compact manifold (approximately half the weight of a traditional manifold), multiphase metering system, boosting pump and associated state-of-the-art control systems, all supplied by a single supplier.