Aberdeen Global Market Outlook Business Breakfast

Global Market Outlook Business Breakfast


 “Is confidence returning to the Oil & Gas sector or should we refocus on diversification away from hydrocarbon for profits & growth?”


Join us on the 25th of January at the Marcliffe, Pitfodels Aberdeen


Through 2017 we have seen oil prices stabilise at around $50 a barrel and begin to creep upward towards $60. Some are calling this price range the new industry “norm”, however is this a false dawn or a genuine recovery towards a price where sustainable field development can be maintained?


Also, subsea and underwater industries seem to have recognised the need for change, innovation and the beneficial deployment of technology are once again being talked of in terms of unlocking hydrocarbon wealth.  Should the subsea industry refocus and accelerate diversification into low carbon energy sectors or continue the previously trodden path as oil recovers?


These topics will delved into in January 2018 at our successful breakfast, which will take place at The Marcliffe Hotel,  full breakfast from 0700 with speakers starting at 0730.


Our presenters are:


Mike Beveridge  

Simmons & Co. – Managing Director


Presentation  SUT Global Market Outlook Business Breakfast – Mike Beveridge Simmons 25 01 2018


This presentation will provide an update on the overall market environment within oil and gas with a focus on oil price developments, M and A trends in the oil and gas services sector, capital market valuations and corporate activity and discussion topics relevant to the subsea sector.


James Hall

WoodMac – Operations Director, Infield Wood MacKenzie


Presententation SUT Global Market Outlook Business Breakfast – James Hall Wood MacKenzie 25 01 18


The macro environment, oil price forecast and fundamentals will be presented as well as a reflection of the past 5 years and forecast for the next 5 years, looking at projects coming on-stream and the qualification of kit and services across the major off shore sectors. Short-term pricing and investments, and expectations for the supply chain by way of consolidation/optimisation/standardisation – with short term  survival tactics – will be discussed.


David Rennie


Presentation SUT Global Market Outlook Business Breakfast – David Rennie 25 01 2018


Scottish Enterprise – Head of Energy Oil and Gas

This presentation shall share with you the development plan within Scottish Enterprise for the subsea sector and how the oil and gas subsea sector can diversify into other subsea sectors, not only within the UK, but build the global subsea footprint. This will be supported with case studies sharing with you who Scottish Enterprise are and how they may assist.


 


 


 

Oceans of Opportunity The Underwater World of Science and Technology

Shire Schools – morning session 1000 – 1200
City Schools – afternoon sessions 1300 -1500
Private Schools – afternoon sessions 1300 – 1500

 

Did you know?
The oceans cover over 70% of our planet. We are all dependent on them for food, transport and vital resources. They affect our weather and even our future as a species. Yet most of us are unaware of the cutting-edge developments in underwater technology, or the science it is based on, largely because it is hidden from view.

SUT looks forward to welcoming Aberdeen City, Shire & Private Schools to this exciting annual event aimed at P7 school children to learn more about the careers opportunities that our oceans have to offer. Each session will include a structured mix of audio-visual presentations by leading industry experts from a range of underwater science and technology backgrounds.

Seashore to Sea Floor -presented by Macduff Marine Aquarium
Have you ever dipped your toes into the North Sea? It may be cold, but these waters are fi lled with amazing sea beasties, from tiny swimming plants to large toothy predators. Seashore to Sea fl oor will take you on a journey from the tidal shores, through the fringing kelp forests and down to the dark sea floor to discover the incredible life that hides beneath the waves.

Energy transition – presented by Statoil
Fundamental changes are happening in our industry. More energy will be needed every year to support growing populations worldwide. At the same time, greenhouse gas emissions must be reduced. Exciting challenges lie ahead! In the UK, Statoil is embracing the energy transition with activities in oil, gas and offshore wind. Hear more about how new technologies, digitalisation and some bright minds will be needed more than ever to shape the future of energy.

Remotely Operated Vehicles (ROV’s) – presented by ROVOP & school pupils who participated in the ROV MATE competition – What ROV’s are – Why they exist – What they are used for – What jobs there are in the ROV industry

 

The event is free to attend but places must be booked in advance by contacting:
Jacqui Adams
Enterprise Centre,
Exploration Drive
Bridge of Don Aberdeen
AB23 8GX
01224 823 637
email: [email protected]

Aberdeen Branch AGM & Dinner

Programme


19:00 Drinks reception


19:30 Call to dinner


19:40 Housekeeping announcements


19:50 Chairman’s welcome speech and Branch Annual Report


20:00 Dinner, followed by a game of Heads and Tails


After dinner there will be speeches, followed by drinks and networking. Carriages no later than 00:30.


Dress Code – Black tie


 


Menu


Ballotine of Salmon

Beetroot cured, hot smoked, golden beetroot dressing,

warm crab toast


Roast Breast of Chicken

Stuffed with black pudding, savoy cabbage,

Pomme Anna, honey roasted roots


Caramel Collection

Salted caramel tart, warm caramel sponge, panacotta,

toffee fudge ice cream


Coffee and Tea


Please contact SUT in advance if you have any special dietary requirements


Click here for the flyer

London & South East Evening Meeting – Subsea Boosting Systems

Aker Solutions will provide an overview of the latest technology developments in their Subsea Boosting Systems; this will include an outline of the boosting portfolio and related features, and some highlights from recent tests in their full-scale multi-phase test loop.


Presenter Marco Gabelloni, Business Development Director for Aker Solutions


 


Registration: 5.30pm Presentations: 6pm followed by cheese and wine


 


With thanks to our sponsors Aker Solutions

North of England Evening Meeting – Technical challenges encountered during the Costa Concordia wreck removal

Technical challenges encountered during the Costa Concordia wreck removal


Presented by: Paris Mangriotis, Engineering Director London Offshore Consultants Limited


The Costa Concordia wreck removal operation has been unique in terms of scale, technical complexity, number of stakeholders and cost.


The presentation mirrors LOC’s extensive involvement with the project over a five year period.   It follows each phase from initial response immediately after the sinking through to selection of the removal method and contractor, parbuckling, refloating, recycling and eventually restoration of the environmentally sensitive wreck site.


The focus will be on the technical challenges of refloating the damaged 45,000 tonne wreck and transporting it safely for recycling.  The reasons for the choice of method and subsequent impact on all aspects of the project will be summarised.


Paris Mangriotis is a Naval Architect and Engineering Director at the London office of London Offshore Consultants where he works with a team involved in marine claims, casualties, engineering analysis and surveys.


During his eleven years with LOC Paris has experience of representing Owners’ Interests in a technical advisory and project management role on a number of wreck removals.  He has been involved in invitations to tender, bid assessment and contractor recommendations for significant wreck removals in recent years.  Between 2012 and 2014 Paris was the project manager for LOC who represented Owners and Insurers in the Costa Concordia wreck removal.


Paris has carried out assessments of salvage risks and dangers as part of salvage arbitration process and provides salvors with on-site and office based emergency response advice.  He has appeared before arbitration tribunals in London to give expert evidence in naval architecture matters.


Prior to his career with LOC Paris worked for Lloyd’s Register of Shipping as a classification and technical investigations surveyor.  He is a Chartered Naval Architect and Member of Royal Institution of Naval Architects.


Registration & refreshments 18:00, AGM & talk 18:30, followed by a light buffet & networking


Please click here for the flyer

Offshore and Subsea Operations Awareness Course

Even by 2020, it is estimated that 70% of primary energy consumed in the UK will still come from oil and gas, much of which will come from offshore locations. With increasing water depths comes the need for advanced technical solutions to enhance safety whilst containing ever rising costs.


This is an intensive one-day course designed to acquaint people with the important aspects of offshore oil and gas and subsea operations.


Who should attend?
This course is suitable for all professionals working in non-technical roles that are associated with the offshore oil and gas, underwater technology and subsea engineering sectors


Course presenter
Bob Summers (Membership of Society of Operations Engineers, Chartered Institute of Personnel & Development, Society for Underwater Technology)


Please click here for the flyer

SUT/MASTS Workshop – Glasgow

Decommissioning & Wreck Removal

Influence, educate and unlock potential: Informing key decommissioning and wreck removal challenges

Technology & Innovation Centre, Glasgow

Join us at this fifth Society for Underwater Technology (SUT) and Marine Alliance for Science and Technology for Scotland (MASTS) Decom and Wreck Removal Workshop, where we bring together scientists, engineers, salvors, operators, fishermen, regulators, NGO’s, trade bodies, insurers, financiers, lawyers, and other users of the sea, to consider topics using a holistic life cycle approach.

Please click here for more information and here for the Agenda

Presentations

Perceptions of Jack Decom Scenarios – Sally Rouse

Salvage and Marine Firefighting Regulatory Framework – Jim Elliot

Similarities and Differences Closing the Gap between Decom and Wreck Removal – Nigel James

Rapid Response Using LOF in Offshore Projects – Tom Walters

The Adoption of Novel Solutions – Elliot Wishdale

Decommissioning Breakout 1 – Daniel Warrick

Energy Technologies Institute AUVs Breakout 2 – Stuart Bradley

Remote Monitoring for Decommissioning using Marine Autonomous Systems Breakout 2 – Peter Collinson

Offshore Asset Problem Areas Breakout 2

Solutions The 10 Tenets – Mike Elliot

Pipelines Umbilicals Bundles Decom Requirements – Carol Barbone

Scenarios for the Environment – Becky Hitchin

Scenarios for Fisheries – Peter Hayes

Scenarios for the Economy – Mike Tholen

The first SUT Evening Meeting in the South West – Theme Marine Renewable Energy

REGISTRATIONS ARE NOW CLOSED – IF YOU HAVE NOT ALREADY REGISTERED PLEASE DO NOT ARRIVE ON THE NIGHT  – THIS IN A PRE-REGISTERED ATTENDEES ONLY EVENT.


Exciting SUT SW inauguration meeting, on the theme of Marine Renewable Energy, at The Met Office, Exeter.


The theme of the session is ‘Renewable Energy’ covering the following topics.


Market overview / recent developments speaker Kerry Hayes – Regen


Kerry is the marine energy sector lead at Regen and is one of our team of analysts. She has a broad range of experience in marine and offshore energy, focusing on data analysis, supply chain development and takes a lead in planning, consenting and energy policy.
Kerry left Regen for a project coordinator role in a technology development company. She has since re-joined Regen having honed her practical industry knowledge. Alongside her work at Regen Kerry is also an associate lecturer and works as a freelance project developer.
Kerry has a BSc in Ocean Science and an MSc in Marine Renewable Energy, both from the University of Plymouth.


Logistics planning speaker Adam Leonard-Williams, Marine Operations Consultant   – James Fisher Marine Services


An experienced metocean consultant specialising in the simulation and analysis of complex marine operations. Primary role is technical sales, training, consultancy and development of James Fisher Marine Services Mermaid® Software.  Mermaid is used widely across the various offshore industries, it is one of the most advanced pieces of software available to model marine operations to help minimise weather downtime and reduce risk.


Operational/Energy forecasting speaker Joana Mendes   – The Met Office


Joana is a post-processing scientist at the Met Office. As part of her role, Joana applies scientific and technical expertise to contribute to the definition and delivery of value-added solutions that most optimally meet evolving customer needs.


Joana’s academic background combines theoretical physics, statistics, computing and meteorology. She has studied Physics at the University of Porto in Portugal, completed a Masters degree in Applied Meteorology at the University of Reading, then started a PhD in ‘Very-short term wind power forecasts under extreme weather conditions’.


Since the start of her career in 2010, Joana has been focusing in Energy Meteorology within the Renewables sector. In the past, this involved the development of wind power prediction tools based on machine learning, as well as the delivery of wind resource assessments for a range energy stakeholders around the world. Recently, Joana has been working in the provision of bespoke weather services for Renewables, developing tailored products and improving the Met Office’s site-specific wind and solar forecasts.


Devices  speaker Peter Child, UK Representative – Waves4Power Ltd 


Peter runs a consultancy business in Marine, Renewables and Management and joined Waves4Power in 2015. Prior to this Peter was Managing Director of A&P Falmouth Ltd, better known locally as Falmouth Docks, one of the largest ship repairers in Europe and where he first met W4P. Peter was also on the A&P Group UK main board.


Brought up in Cornwall Peter went to Truro School and then joined ECCI in 1974 where he qualified as a Chartered Management Accountant and was made a Fellow in 1985.


At ECCI Peter became Divisional Controller reporting at Board level on performance, strategy and planning and worked in Europe, America and the Pacific. He joined A&P Falmouth as Finance Director in 1994 and was appointed Managing Director in 2003 where he worked with the management team to restructure the business, refocus on the customer, change working practices by working with the Unions and develop long term partnerships with customers and suppliers. Peter is also on the COIS LEP Employment and Skills Board, a Director of Cornwall Marine Network and became a Cornwall College Governor in 2012 and is currently Vice Chair on the Board.


Married to Heather, they have three children, twin girls Brittany who works in Marketing and Nicola, a Physiotherapist, and a son Tom who works as an Environmental Engineer in Bristol. Peter’s interests include most sports and enjoys playing golf and walking his two boxer dogs around Cornwall.


WaveHub  speaker will be Stuart Herbert, Business Development Director – Wave Hub Ltd


Stuart joined Wave Hub in 2013 to lead negotiations with companies planning to use the test site and identify new business opportunities.    Prior to joining Wave Hub, Stuart worked as commercial and operational manager for the SGS Renewable energy services division and as business development manager for the National Renewable Energy Centre (Narec) in the North East of England, focusing on marine energy device and wind turbine testing.


The event will start at 6.30pm and will be Chaired by Brian Green.


Brian,  B.Sc. Aberdeen University, 40 years oil & gas and subsea engineering, living and working in 22 countries,  he is a long-time member and now Fellow of the SUT.  A long-time supporter and Board Member of Subsea UK since 2010,  A subsea business development and management consultant now specialising in marine renewables




Parking is available


This is a free event however pre-registration is essential.


Exeter is a great location for travel, only 2 hours by fast direct trains from Paddington (it’s closer but a bit slower from Falmouth and very picturesque!).   There are also daily FlyBe flights from London City and Southend.  It is also only 90 miles from Bristol or Truro via the M5 or A30 and 110 miles from Southampton via the A35 or A303, if you prefer.  The Premier Inn and Holiday Inn Express hotels are just around the corner from the Met Office, if you want to stay over.