The oil and gas industry is currently in crisis — supply exceeds demand and has resulted in oil prices falling to less than half their value of 12 months ago, leading to postponement or cancellation of projects worldwide, and restructuring as many staff are laid off.
In late night trading in New York last night (17 Nov 2015) North Sea benchmark Brent crude oil was less than $2 away from its six year low of $42.23 set in August. US crude fell to a March 2009 low of $37.75 in August 2015.
Which is why – following the success of the UK Shale Energy Conference 2015which we held in partnership with the Scottish Energy Association – Scottish Energy News is now organising another keynote energy industry conference.
Being held in Aberdeen in 1Q2016, the Oil and Gas Collaboration Conference will focus on how to get MER from the UK North Sea reserves.
Key conference themes are:
- Company ‘culture’ and ethos
- Inter-company collaboration
- Collaboration with peers and regulators
- Cross-industry bench-marking
- Innovation and Cost-Efficiencies
- Sharing Best Practice
A recent report from Deloittes – based on in-depth interviews with 23 senior oil and gas executives and investors from 18 organisations – identified the next steps needed to support the Wood Review’s recommendations and the cultural shift required to achieve these, including:
Closer collaboration between companies, the Oil and Gas Authority and HM Treasury to control costs, manage risks and increase operational effectiveness.
For exhibition / display stand information, contact: Sales@ScottishEnergyNews.com
For speaker/presenter opportunities, contact in confidence:editor@ScottishEnergyNews.com
Pixie Energy is an incubator and a facilitator of strategic research and project work, focusing on energy regulation, policy and markets at the local and national level. Find out more about Pixie Energy