Maximising the value of offshore assets in a challenging era

Low oil prices and demands for industry wide efficiencies are driving the need to make the most of offshore oil and gas assets. On 27 October, the Energy Institute (EI) will host a conference in Aberdeen to discuss Asset integrity, ageing and life extension in a challenging economic and efficiencies driven era.

To support energy demand, oil and gas companies are making the most of their mature basins to maximise the value of their offshore assets. This does not come without its challenges. The EI has put together a conference programme to discuss the technical issues and communicate updates on good practice. At this event, the EI is delighted to welcome senior colleagues from both the UK Health and Safety Executive, and the Oil and Gas Authority (OGA) – both important additions to the speaker line-up.

Gunther Newcombe, Director of Exploration and Production, Oil and Gas Authority, says, ‘Asset integrity is at the heart of the oil and gas industry. It is crucially important to manage asset integrity well to ensure the safety of people and the environment and to maximize value to all stakeholders. It is a key area of OGA’s agenda going forward and forms an important part of maximizing economic recovery of the UK.’

This event, sponsored by Plant Integrity Management, is the sixth in the EI’s popular series of asset integrity management conferences. The conference brings together oil and gas operators with safety specialists to examine and share new approaches and ideas to develop more efficient working practices for ageing assets.

The programme will include technical presentations, case studies and will explore lessons learned across the sector, covering:

• The role that asset integrity plays in plant safety, reliability, viability and regulatory compliance.
• Managing ageing life extension for offshore assets.
• Corrosion management.
• Fabric maintenance.

At this event, the EI will also provide an overview to its technical guidance in this area. For more information, visit www.energyinst.org/asset-integrity

Adapted from a press release by David Bizley

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/08102015/maximising-the-value-of-offshore-assets-in-a-challenging-era/