FEATURE SHOW PREVIEW Embracing new realities at


SPE OFFSHORE EUROPE


BP group chief executive, Bob Dudley, and Royal Dutch Shell CEO, Ben van Beurden, will speak in the opening plenary session when SPE Offshore Europe comes to Aberdeen in September


E


mbracing New Realities: Reinventing our Industry will be the central


theme for SPE Offshore Europe 2017 which will take place in Aberdeen, Scotland from 5-8 September 2017. Conference chair Catherine MacGregor,


president, Reservoir Characterisation Group, Schlumberger, has urged industry to think beyond cost efficiency and embrace new technologies. “For some time now, the industry’s


technical and financial performance has been challenged. Learning the lessons from the most severe downturn for the past 30 years, there is no doubt that the industry has to reinvent itself. The traditional industry response to market downturns, which has included halting exploration investment, decreasing development activity, pressing for price reductions throughout the supply chain, and letting talented people go, is no longer viable,” said MacGregor. “With a central theme of ‘Embracing


New Realities: Reinventing our Industry’, SPE Offshore Europe 2017 technical and keynote panel sessions, combined with business breakfasts and topical lunches, will provide a free-to-attend opportunity to debate, knowledge-share and take new courses of action that will shape the future of our industry.” SPE Offshore Europe has been held


biennially in Aberdeen since 1973. It is the largest and technically foremost offshore exploration and production (E&P) conference and exhibition outside North America. In 2015 the event attracted over 1,500 international exhibitors and 56,000 attendees from more than 100 countries. SPE Offshore Europe 2017 will be held at Aberdeen


26 MAY 2017 | INDUSTRIAL COMPLIANCE


Exhibition and Conference Centre. BP Group chief executive Bob Dudley


will underline the value of the North Sea in the oil major’s global portfolio when he speaks at the opening plenary session. Dudley, who calls BP’s UK North


Sea business one of its “crown jewels”, will address the hundreds of delegates expected to attend the opening plenary session. BP expects to bring two of the largest


new developments in the North Sea – the Quad 204 redevelopment and the new Clair Ridge project - into production over the next year or so, as well as continuing to invest in other North Sea assets. Over the same period, BP plans to participate in five exploration wells in the region and in around 50 new development wells over the next three years. BP’s North Sea production output is expected to double from 2015 levels to 200,000 barrels of oil a day by 2020. MacGregor commented: “As one of the


most eminent figures in our industry, Bob Dudley will provide an inspirational


The 2015 event attracted over 56,000 attendees


scene-setter under the conference theme Embracing New Realities: Reinventing our Industry. Bob’s insight will kick-start OE2017 as we encourage the industry to think beyond cost efficiency and embrace new technologies, new types of business models and collaborations that will lead to sustainable ways of working.” Royal Dutch Shell CEO Ben van


Beurden will also speak at the opening plenary session. MacGregor welcomed van Beurden’s


participation: “It will be an honour to welcome Ben van Beurden to SPE Offshore Europe. His insights, at a time of change and reinvention, and hopefully as confidence begins to return to the North Sea, will be of great interest to our delegates.” Under the theme ‘Embracing New


Realities: Reinventing our Industry’, SPE Offshore Europe 2017 will offer more than 85 free-to-attend technical presentations and 11 keynote panel sessions combined with business breakfasts and topical lunches. A ‘new for 2017’ Decommissioning Zone will feature a themed exhibition and conference space. Also free-to- attend, the zone will include over 40 decommissioning technology and service providers in the exhibition as well as a conference programme organised by key industry associations including Decom North Sea, ITF and IMechE. Further information on the event and


details on how to register for free can be found at the SPE Offshore Europe website at www.offshore-europe.co.uk.


SPE Offshore Europe www.offshore-europe.co.uk


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