OEUK news

OGUK webinar to highlight progress on sector’s road to recovery

18 August 2020

OGUK’s drive to ensure the UK oil and gas sector is taking collective action to stimulate its own recovery comes under focus in a free webinar featuring leading industry figures on Thursday 27 August.

Since April 2020, members of OGUK’s Recovery Group have been working across the industry to help shape the sector’s recovery as it looks beyond the issues posed by the coronavirus, tackles the challenge of sustained low commodity prices and takes steps to support the energy transition.

Chair of the webinar, Katy Heidenreich, OGUK’s Operations Director commented:
“OGUK is spearheading and supporting a number of self-help initiatives aimed at helping our industry recover from the triple threat of COVID-19, the dramatic crash in oil price and the lowest gas prices for 14 years. Working closely with government and regulators, we’re focusing on areas throughout the oil and gas lifecycle from exploration to decommissioning where we can boost competitiveness, unlock planned work programmes and stimulate activity for our world-class but fragile supply chain. Supporting recovery now is key to the industry realising its full potential through the energy transition and this webinar is an ideal chance to hear about progress achieved to date and proposals aimed at unlocking investment.”

Keynote speakers include Neil McCulloch, Executive VP, Technical & Operated Assets, Spirit Energy who will highlight the importance of strengthening the UK oil and gas sector now to attract new investment, retain the skills to recover activity and support the energy transition towards a low carbon economy.

Scott Robertson, Director of Operations at the OGA will cover a range for topics from the regulator’s perspective, including the significant prize remaining on the UKCS, and what the OGA has been doing to stimulate recovery. He will also provide an update on the new OGA Strategy which will incorporate net zero considerations, and outline what the OGA expects from industry and what industry can expect from the OGA going forward.

Members of OGUK’s recovery group will share examples of ongoing initiatives, with Gavin Rogers, Director of Innovation, Digital & Technology at Wood, discussing a collaboration between members to support a data-driven methodology that can optimise resource utilisation within the UKCS.

In a separate case study, Martin White Vice President, Halliburton and a member of the OGA/ Industry Wells Task Force will demonstrate the benefits of adopting a multi-operator campaign approach when executing well operations.

The webinar at 10 am on Thursday August 27 will include a panel session and places can be booked online https://www.eventbrite.co.uk/e/road-to-recovery-uk-oil-and-gas-industry-action-tickets-114507679552


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