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The key takeaways from The Offshore Europe 2013 forum

Posted by Esther Akers on Sep 23, 2013 9:30:00 PM


    

The Offshore Europe 2013 forum in Aberdeen racked up its 40th birthday this year and celebrated by holding the biggest conference and exhibition in its history.

With an overall theme of “The Next 50 Years” the exhibitors, speakers and attendees were all looking at how the implementation of an innovative new strategy for th e oil and gas industries could affect their own interests.

More than 63,000 people attended the four-day show, twenty-two operating companies took stands and 262 companies exhibited for the first time.

The future outlook for successful growth relies heavily on close collaboration between industry and government, and to illustrate this the Scottish and UK ministers who attended the event included Scotland’s First Minister Alex Salmond, Chancellor George Osborne, Lord Green, UK Minister for Trade and Investment, UK Energy Minister Michael Fallon, Fergus Ewing, Scotland’s Minister for Energy and Vince Cable, UK Secretary of State for Business Innovation and Skills.

Embracing a brand new strategy

Michael Fallon, the Minister of State for Energy, highlighted companies who are actively taking part in the government’s Oil & Gas sector strategy. The highly focused strategy concentrates on technological innovations which will develop and deliver priority solutions.

Mr. Fallon singled out the work done by ITF, the internationally recognised body which works towards facilitating collaborative development of innovative technologies within oil & gas and related energy industries. ITF provides an important strategic framework with the overall aim of creating a more productive, successful and safer industry.

The organisation works on a not-for-profit model and current projects include advances linked to unconventional reservoir characterisation, subsea annulus management systems and downhole pressure and temperature monitoring.

The scope of operations of ITF reflects the worldwide nature of the oil and gas industry and proposals are issued globally to invite developers and innovators to put forward their technical solutions. Successful applicants stand to receive up to 100% funding to facilitate putting the projects into operation through to conclusion.

One example of this process in action is the Casing Integrity System (CIS), a collaboration with Quality Intervention. This is an innovative new system that enables a small diameter tubing to be run via an annulus wing valve to ensure the precise placement of sealing chemicals or heavy fluids, principally to repair leaks and barriers. This is a cutting edge approach to finding a solution for restoring the integrity of a damaged well. 

By Esther Akers

Mirage portable machine tools optimise the performance of on-site assets by achieving operational excellence, maximising uptime and improving productivity.  Read our on-site machining case studies for more details.

Topics: Oil news

   

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