Future North Sea (FNS) 2021
VIRTUAL EVENT – FREE REGISTRATION
The future of upstream oil and gas development in the North Sea is no longer clear.
The policy of maximising economic recovery has now been counterbalanced by the UK Government’s 2050 net zero target. But while renewables account for a rapidly growing slice of the energy mix, oil & gas demand continues to grow on the back of the post-Covid economic boom.
This situation has created difficult questions the North Sea industry must answer for it to remain sustainable.
How do we meet increasing energy demand whilst simultaneously reducing carbon emissions? What do the changes in strategy mean for the decommissioning of assets? And what is the outlook for mergers and acquisitions as the supermajors revise their strategies and private equity investment cycles conclude?
On September 6, Energy Voice will host Future North Sea (FNS) 2021, a virtual event that looks to provide answers to each of these fundamental questions.
Bringing together experts from across the sector, the event will showcase three sessions covering Net Zero Production, Decommissioning and M&A. These will feature presentations and panel discussions designed to provide your business with the innovative solutions, strategies and products required to thrive in the North Sea of the future.
Register now to join the conversation and hear from the companies and people shaping the future of the North Sea.
Session 1 – Net Zero Production
Future of exploration and production
Supply chain strength
Asset integrity/life extension
Skills and Just Transition
Session 2 – Future decommissioning
Decommissioning supply chain
Legal, tax & regulatory
Innovation & adoption
Session 3 – M&A outlook
IPOs and trade sales
New international entrants
Deal mechanics for narrowing valuation gaps
Impact of transferable tax histories
|Session 1 - 09:30-11:00:||Net Zero Production|
|Session 1 - 11:00-12:00:||Breakout rooms and networking|
|Session 2 - 12:00-1330:||Future decommissioning|
|Session 2 - 13:30-14:30:||Breakout rooms, networking|
|Session 3 - 14:30-1600:||M&A outlook|
|Session 3 - 16:00-17:00:||Breakout rooms and networking|
Session 1 - Net Zero Production
Senior Business Unit Manager, Integrity Services, StorkVisit Website
Market Development Manager, ABBVisit Website
Managing Director UK, Neptune EnergyVisit Website
Group Vice President, Subsea and Offshore Power, Oil and Gas, Energy Industries, ABBVisit Website
Region Executive Project Director. Baker HughesVisit Website
West of Shetland and Northern North Sea Area Manager, Oil & Gas AuthorityVisit Website
Session 2 - Future Decommissioning
CFO and Decommissioning Director, TAQA EuropeVisit Website
Strategic Sales Lead for Net Zero, Late Life Asset Management and Decommissioning, Bureau VeritasVisit Website
Decommissioning Director, James Fisher OffshoreVisit Website
Business Development Manager, BilfingerVisit Website
Board Member, Decom North SeaVisit Website
Jens klit Thomson
Chief Commercial Officer, Maersk DecomVisit Website
ABB is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB’s success is driven by about 105,000 talented employees in over 100 countries. www.abb.com
ABB’s Process Automation business is a leader in automation, electrification and digitalization for the process and hybrid industries. We serve our customers with a broad portfolio of products, systems, and end-to-end solutions, including our # 1 distributed control system, software, and lifecycle services, industry-specific products as well as measurement and analytics, marine and turbocharging offerings. As the global #2 in the market, we build on our deep domain expertise, diverse team and global footprint, and are dedicated to helping our customers increase competitiveness, improve their return on investment and run safe, smart, and sustainable operations. go.abb/processautomationVisit ABB website
Baker Hughes is an energy technology company that provides solutions for energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet.Visit Baker Hughes website
Bilfinger is a leading international industrial services provider, providing operations and maintenance support to energy majors across Europe, including the UK North Sea. The Bilfinger Group enhances the efficiency of assets, ensures a high level of availability and reduces maintenance costs. We provide highly competent electrical, instrument, mechanical and production technicians to deliver safe, efficient and innovative delivery for our clients. Our integrated solutions combine over 45 years’ expertise in multi-disciplined fabric maintenance; insulation; passive fire protection; alternative access; advanced NDT inspection; architectural outfitting; deck support, and specialist cleaning services for the energy sector. This commitment is delivered by an experienced and highly competent workforce, operating from our bases in Aberdeen, Great Yarmouth, Esbjerg and Groningen.
Visit Bilfinger website
For our clients’ assets, processes, people and data management in the marine and offshore markets, BV Solutions M&O is the technical advisory, asset management and assurance solutions partner. As the technical advisory component of Bureau Veritas Group, BV Solutions M&O responds to all marine and offshore energy challenges.
We maintain a global, independent network of dedicated technical centres. Our experts work as a single, integrated team to develop solutions to the most pressing marine and offshore challenges. With a global solutions network covering 140 countries, BV Solutions M&O experts are available to work with clients on- and off-site in any location. We work closely with our clients as a single, integrated team from design phase throughout an asset’s operative lifespan.Visit Bureau Veritas Solutions – Marine and Offshore website
James Fisher Offshore is your trusted partner across the oil and gas life of field from drilling to decommissioning. We combine knowledge, innovation and experience to provide engineering solutions, equipment and full project support for offshore and subsea operations. Our dedicated engineering and offshore teams understand the demands and challenges faced by our customers. We work with you to deliver against your specific requirements and provide complete support across the full life cycle of your offshore projects, enabling the work to be completed safely and efficiently. With over 15 years operational experience, a global footprint and the backing of our FTSE 250 listed parent company James Fisher and Sons plc, we are a market leader within the industry, instilling confidence to our customers, saving you time and money.Visit James Fisher Offshore Ltd website
Maersk Decom was created in April 2018 as a 50:50 joint venture between Maersk Drilling and Maersk Supply Service to provide scalable decommissioning solutions to the offshore energy industry. With its decommissioning specialists and direct access to rigs and support vessels, the company offers the full range of decommissioning scopes under flexible commercial models and integrated project management.
From baseline surveys and engineering, to plug and abandonment, infrastructure removal, and recycling and waste management, Maersk Decom is committed to constantly rethinking decommissioning to maximise value and sustainability. It aims to ensure no resources – whether it’s people, time or assets – go to waste.Visit Maersk Decom website
Neptune Energy is an independent E&P company with a global portfolio of low cost, long life and lower carbon producing assets and projects, with a strong presence in the UK, Norwegian and Dutch sectors of the North Sea and in Germany, as well as in North Africa and Asia Pacific. The company’s New Energy team is scaling partnerships and investments in low carbon technologies, particularly hydrogen, carbon capture and storage and electrification.
The Neptune-operated Q13a-A platform in the Dutch sector will host the world’s first offshore green hydrogen project. The platform will house an electrolyser that will produce green hydrogen from renewable energy, then blend the hydrogen with natural gas and transported it onshore via existing pipelines. The hydrogen project – the first of its kind to be hosted on a working offshore platform – will help unlock the insights necessary for large-scale offshore green hydrogen production.
Neptune has also submitted an application for a blue hydrogen and CCS project for the UK North Sea which is being considered by the Oil & Gas Authority.
OGUK is the leading representative body for the UK offshore oil and gas industry. It is a not-for-profit organisation, established in April 2007 but with a pedigree stretching back over 40 years. We are proud to Inform, engage and champion the UK offshore oil and gas industry as part of a diverse energy mix. Membership is open to all companies active in the UK continental shelf, from super majors to large contractor businesses and from independent oil companies to SMEs working in the supply chain. Our aim is to become the leading association within the UK energy industry, ensuring the UK North Sea remains an internationally attractive place to do business.Visit OGUK website
Stork supports clients at every stage in their plants’ lifecycle, no matter the sector. Dedicated to solving challenges, we aim to be the industry reference and solution partner of choice. We support our clients every step of the way – from planning and design through to development and construction, as well as commissioning, maintenance, modifications and decommissioning.
Stork brings almost half a century’s worth of experience to the forefront. Our world class, integrated industrial, mechanical, integrity and quality services, as well as heat treatment and plant & equipment hire solutions provide holistic results. All of this is underpinned by our unwavering commitment to safety, quality and collaborative approach.
The vast knowledge of our technical experts, data-driven and digital resources available to them, as well as the high caliber competency of our workforce, all enable Stork to not only deliver, but excel in improving plant performance through operational and cost efficiencies.
Visit Stork website
Listed on the Abu Dhabi Securities Exchange (ADX), TAQA is an international energy and water company operating in 11 countries across four continents.
TAQA’s operations in Europe are based in the United Kingdom and the Netherlands and focus on the full cycle of oil and gas operations, from exploration and production through to decommissioning, as well as gas storage and energy innovations.
In the UK TAQA operates eight platforms, which produce from several fields spread across the northern North Sea and the central North Sea. TAQA is also the operator of the Brent System Pipeline which transports oil from some 14 northern North Sea fields to the Sullom Voe Terminal in Shetland, of which it also has a 24% non-operated interest.
TAQA continues to ensure a relentless focus on ensuring excellence across all areas of late-life operational management. This includes safely and efficiently maximising economic recovery and life extension; driving operational excellence; effectively managing integrity, while at the same time taking ownership of and planning for decommissioning.
For more information please visit www.eu.taqa.comVisit TAQA website
Wood Mackenzie, founded in 1923 as a stockbroker, published its first oil report in 1973. Since then, Wood Mackenzie has grown to become a provider of trusted research and consultancy services that spans the natural resources and energy value chain.
Building on our deep expertise in upstream oil and gas, we carefully broadened our focus to deliver the same level of detailed insight for every interconnected sector of the energy, chemicals, metals and mining industries we now serve around the world.
Today Wood Mackenzie is part of the Verisk family of companies, which has broadened our data and analytics platform and strengthened our ability to provide intelligence that helps drive growth and serve thousands of industry market leaders.
Visit Wood Mackenzie website
The Piper Sandler energy & power team is committed to the global energy industry and delivers exceptional client services in M&A advisory, capital markets execution, institutional sales and investment research. Our clients have access to the most strategic opportunities by leveraging the collective knowledge of our team of professionals on the forefront of the industry’s trends, drivers and developments. Our team serves an international client base ranging from institutional investors, public and private companies and private equity firms in the following subsectors: Renewables & Clean Energy, Energy & Power Infrastructure, Energy Technology, Oilfield Services & Equipment, Midstream & Downstream and Upstream.
Visit Piper Sandler Ltd website
Wherever change and innovation happens in the global energy market, Addleshaw Goddard is at the forefront, helping our clients to anticipate and respond to change and to identify and capitalise on opportunities.
AG is a good partner to have on side when change happens. We don’t like standing still.
Many businesses are actively looking at ways to be involved in the energy supply chain (either alone or with partners) whether to reduce costs, improve energy security, exploit commercial opportunities or enhance their green credentials. But making sound investment decisions in an uncertain market is risky. You need advisors who understand the uncertainties and can provide pragmatic, incisive advice that helps to minimise those risks.Visit Addleshaw Goddard website