Subsea UK urges the industry to turn talk into action now to safeguard the future of the UK’s £9billion subsea sector.
The call was issued as Subsea UK announced the final speaker line-up and program for its eleventh annual conference and exhibition, Subsea Expo. Europe’s largest annual subsea event takes place at the Aberdeen Exhibition and Conference Centre from 3-5 February 2016.
This year’s theme ‘Time for Transformation’ will look at the fundamental changes the industry must make to deliver the cost savings and efficiencies needed to sustain the sector in a lower, for longer oil price environment.
More than 6000 people from the subsea supply chain are expected to attend the event, including dignitaries and senior industry figures from Africa, Brazil, Japan, Mexico, Nigeria and the US.
With over 200 exhibitors, Subsea Expo is an opportunity for those in the industry to showcase new technology and services. The 2016 program is packed with high profile industry speakers from a number of companies including Subsea 7, Proserv, GE Oil and Gas and One Subsea. Their presentations will cover global opportunities, key projects around the world, standardization & optimization, integrity management with a focus on pipelines, ROV inspection and technology R&D.
The event’s plenary session, chaired by Neil Gordon, chief executive of Subsea UK, will provide an overview of the industry and stimulate debate with presentations from Matt Corbin of Aker Solutions on collaboration, integration and standardization – a sustainable future for the Subsea sector, Gunther Newcombe of the Oil and Gas Authority will look at maximizing UKCS performance and Matt Nicol of Centrica will lead a discussion on small pools. The session will also hear from Howard Woodcock of Bibby Offshore on leading safety in the new era through workforce engagement and Chris Bird of MOL Energy will look at transformational behavior changes.
Neil Gordon, chief executive of Subsea UK, said: “If we don’t make changes now, if the oil price falls further, for longer, the subsea landscape will look very different in a year from now. We have an opportunity to define our future by truly embedding the behavioral change that will sustain our industry in the long-term and achieve the goals of Maximizing Economic Recovery in the North Sea.
“Subsea Expo represents the ideal platform to bring together leading industry figures to discuss how we can deliver the fundamental changes to bring about the necessary transformation. With the UK subsea sector’s pioneering attitude and ingenuity, for which we are renowned for around the world, I am confident that we can transform and lay solid foundations for a brighter future.”
Gordon Drummond, project director of NSRI will lead the Spotlight on Technology session, which will look at the near to market technologies that will help maximize economic recovery of hydrocarbons and play a part in the exploitation of stranded small pools in the UK Continental Shelf.
Subsea Expo’s gala dinner and awards ceremony, on the evening of the opening day, will see a selection of the country’s most innovative, dynamic and successful subsea businesses recognized for their success over the past twelve months. Award-winning writer and broadcaster John Sergeant will be the guest speaker at the awards dinner.
Entrance to the exhibition and conference is free of charge; pre-registration is recommended via the website. Delegates can register for the conference on line at www.subseaexpo.com.