News
The ‘crown jewels’ in the North Sea
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 at Europe’s foremost exploration and production (E&P) technical conference and exhibition. Other senior level plenary speakers will be announced in due course.
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.
Conference chair Catherine MacGregor, president, reservoir characterisation group, Schlumberger, commented: “As one of the most eminent figures in our industry, Bob Dudley will provide an inspirational 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.”
New for 2017 will be a Decommissioning Zone with a themed exhibition and conference space with over 40 decommissioning technology and service providers.
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