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Keywords: investment
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Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Conference & Exhibition, September 5–8, 2023
Paper Number: SPE-215489-MS
... electricity generation, storage and transmission infrastructure, which are not quantified here. These investments can be very large indeed. DNV recently carried out a study for Eurogas, looking at Europe as a whole, and found that in an electrification scenario, electricity transmission and distribution...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Conference & Exhibition, September 5–8, 2023
Paper Number: SPE-215542-MS
..., and sustaining operational digital twins, that is designed to maximise the asset owner's return on investment by putting the necessary focus on the people, process, and data elements, as well as addressing the technology. A review of project lessons and industry findings will be presented to outline common...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Conference & Exhibition, September 5–8, 2023
Paper Number: SPE-215600-MS
... to the ultimate solutions. The adoption of such emission reducing technologies under the North Sea Transition Deal will also enable companies to benefit from the allowance at a rate of the 80% allowance for investment in decarbonization of oil and gas production. [Ref. 6 ] One technology that could...
Proceedings Papers
Kent Martin Paul Massey, Jakub Vrba, Scott Hamilton, James Patrick McAreavey, Caragh Jane McWhirr, Daniel Richard Kenneth Paterson
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Conference & Exhibition, September 7–10, 2021
Paper Number: SPE-205422-MS
... upstream oil & gas co2 green hydrogen electrolyser carbon tax hydrogen renewable energy investment offshore wind climate change committee europe transportation midstream oil & gas infrastructure sustainability air emission pipeline scottish government hydrogen production aquifer...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Conference & Exhibition, September 7–10, 2021
Paper Number: SPE-205463-MS
... Abstract This paper discusses the challenges that must be addressed to support the financing of novel technologies needed to achieve the United Kingdom's stated goal of achieving net zero emissions by 2050. It identifies practical steps that stakeholders providing investment funding, as well...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Conference & Exhibition, September 7–10, 2021
Paper Number: SPE-205436-MS
... upstream oil & gas social responsibility investment modification co 2 power management novel technology pathway optimisation operation into the atmosphere consideration reduction sustainable development renewable energy performance monitoring electricity energy efficient design power...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Conference and Exhibition, September 3–6, 2019
Paper Number: SPE-195723-MS
... set out above and continue to promote investment into a sector that is key to delivering the Energy Transition: Improved communication of carbon reduction and mitigation efforts at both a national and global level Increased collaborative efforts aimed at reducing emissions resulting from...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Conference and Exhibition, September 3–6, 2019
Paper Number: SPE-195716-MS
... CO 2 -e can be emitted 3 . This carbon budget should be invested to create a global low carbon energy production system to sustain a future low carbon economy and not squandered on supporting business as usual. Abstract The major challenge facing society in the 21st century is to improve...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Conference and Exhibition, September 3–6, 2019
Paper Number: SPE-195764-MS
... to reduce emissions and help oil and gas operators do their part in addressing "The Energy Trilemma". Artificial Intelligence investment information energy source sustainability transition energy transition sustainable development Upstream Oil & Gas Efficiency vehicle social...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Conference and Exhibition, September 3–6, 2019
Paper Number: SPE-195766-MS
... measurement and control project management HPHT Virtualization complex reservoir strategic planning and management process automation high pressure high temperature simulator Implementation operational certainty society of petroleum engineers investment control system procedure startup...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Conference and Exhibition, September 8–11, 2015
Paper Number: SPE-175497-MS
..., investment is expected to half before 2020 and exploration is at an all-time low. Like any challenge, the corollary is a number of opportunities, from a limited number of large-scale license holders, the sector has seen a shift towards operators of a significantly smaller and more diverse scale, and the cost...
Proceedings Papers
Breno Barreto Medeiros, Marcus Coester, Clovis Leopoldo Reichert, Maria Virginia Pezzi, Rovanir Baungartner
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Conference and Exhibition, September 8–11, 2015
Paper Number: SPE-175512-MS
...”, has one measure envisaged to incentive the shipyards, binds financial grants to productivity, according to indicators of best practices for the shipbuilding and offshore construction industry 20 . Such actions should force the shipyards to invest in high performance training, among other measures...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Conference and Exhibition, September 8–11, 2015
Paper Number: SPE-175470-MS
... at discount rates reflecting the cost of capital. It is also noted that there are several significant investment risks. Further tax incentives relating to the purchase of polymer and miscible gas could enhance returns to these EOR projects without introducing any distortions. asset and portfolio...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Oil and Gas Conference and Exhibition, September 4–7, 2007
Paper Number: SPE-108294-MS
... exploratory effort for a petroleum field? (b) What is the optimum time span which the exploratory efforts deserve investment before the beginning of the development stage? (c) What is the appropriate value of the reservoir recovery factor? The maximization of the NPV is represented by an objective function...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Oil and Gas Conference and Exhibition, September 4–7, 2007
Paper Number: SPE-109049-MS
... in the media, greater stress through all levels of management and an inevitable "knee jerk" towards a more short term focus. investment intervention business review spe 109049 personnel competence customer pipeline complexity workforce demographic report Upstream Oil & Gas analogy Harvard...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Oil and Gas Conference and Exhibition, September 4–7, 2007
Paper Number: SPE-108477-MS
... of science, engineering and technology disciplines. investment completion personnel competence Proportion spe 108477 operation mathematics employment Engineering Completion Engineer knowledge finniston Drilling Upstream Oil & Gas programme innovation student engineering skill...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Oil and Gas Conference and Exhibition, September 4–7, 2007
Paper Number: SPE-108489-MS
... development has been raised and tested at many forums around the world and it is felt that bringing it to OE2007 will enhance the debate and help drive the concept forward. sustainability young people asset and portfolio management investment local content social responsibility sustainable...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe Oil and Gas Conference and Exhibition, September 7–10, 1999
Paper Number: SPE-56925-MS
... pace even when discoveries from exploration are included in the analysis. Compared to recent years new investment would fall to much lower levels under the $14 price case and collapse under the $10 one. If major reductions in unit costs, such as those in the CRINE Network targets were achieved...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe, September 9–12, 1997
Paper Number: SPE-38490-MS
.... : " Investment Prospects in Exploration and Development in the UKCS after the 1997 Budget " Aberdeen University Department of Economics : March 1997 Abstract The future of the offshore oil/gas industry in the UKCS faces a growing number of challenges. Not least of these are the technical complexity...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Offshore Europe, September 9–12, 1997
Paper Number: SPE-38540-MS
... making tool for future developments. This encompasses not only the traditional physical and environmental risk, but also the long term impacts of decision made for investment, design and operations. Hence, the most efficient business strategy can be evolved on a quantitative, rather than merely...
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