Pre-2014, the term ‘marginal field’ had become synonymous on the UK Continental Shelf (UKCS) with often low exploitable reserves (typically less than 25m barrels) and an estimated field life of 5–1
Paul Gallagher at SNC-Lavalin looks at how UK expertise is helping the US unlock its marginal fields.
Between 2010 and 2014, 75% of large exploration and production projects exceeded budget by 50% on average; 50% of projects exceeded schedule by almost 40%.
Energy Focus spotlights a novel approach to upstream procurement that is saving millions of dollars on major projects.
With the potential to disrupt the energy industry with their innovative technologies, it is start-ups that are helping power the energy revolution.
As the EIC marks 75 years of helping members bolster business, Nicholas Newman looks ahead to the future.
As the EIC commemorates its 75th anniversary, the UK energy sector is embarking on perhaps its greatest challenge so far by moving towards decarbonisation.
First coal, then oil, the shift to a low-carbon future marks the third transition for UK energy systems since the EIC was formed in 1943. Jeremy Bowden looks at the effectiveness of the new power generation mix and how the country can become more self-sufficient.
Our member companies, who supply goods and services across the oil and gas, power, nuclear and renewables sectors, have the experience and expertise that operators and contractors require.
Established in 1943, the EIC is the leading trade association for companies working in the global energy industries.
It’s been an incredible journey for the EIC and its members, starting way back in London in 1943 with 13 power equipment suppliers. Over the years we’ve expanded our range of products and services, opened offices around the world, and now support over 600 member companies across all energy sectors
As you may have already noticed, the EIC turned 75 this year. To celebrate this remarkable milestone, we’re holding a series of activities and events throughout the year.
Why attend? The EIC Connect event model continues to expand around the globe with Vietnam becoming our latest host country.
When: 17 May 2018
Where: Ho Chi Minh City
We’ll be at OTC from 30 April to 3 May (see our pre-event North America regional round-up on page 44) as well as these other upcoming shows:
The EIC hosts the UK pavilion at every major energy event around the world.
Why attend? This event is a must for those companies looking to establish or strengthen their position in the North American market.
When: 6 September 2018
Where: Norris Conference Centers, Houston
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