A mix of operators, duty holders, service businesses and supply chain organisations will form the group after a flood of applications to be part of the initiative, launched by the Oil & Gas Authority and the East of England Energy Group (EEEGR).
The Oil and Gas Authority was formed in April 2015 to Maximise Economic Recovery of Britishoil and gas reserves in line with the findings of the Wood Review.
Work streams of the new SNS Rejuvenation Special Interest Group could help to secure the future of the offshore oil and gas industry in the East of England for more than two decades. Its first meeting will be next month (December).
The group’s remit is wide – to maximise economic recovery (MER) of gas reserves for at least another 20 years by identifying new opportunities, including examining the potential for carboniferous gas reserves.
It will also seek to nurture collaboration and co-operation between existing operators, and with offshore wind developers, as well as examining how equipment and processes might be standardised to drive costs down.
Companies selected for the steering group represent regional, national and international Interests and were chosen to reflect the spread of the industry following a gap analysis. They include Edinburgh-registered Premier oil, Perth-based SSE, Centrica and Statoil.