Slick oil
12 Mar 2014
UK oil & gas operators need smart approaches to technical challenges amid increasing pressures on costs and resources. Patrick Raleigh reports.
The UK oil & gas industry is faced with a mounting number of challenges, ranging from those linked to maintaining production from ageing assets, to the technical demands of exploiting new marginal or deep sea fields in the North Sea.
But with investors becoming concerned by rising costs, operators on the UK Continental Shelf (UKCS) are under intense pressure to increase operational efficiency and reliability - while ensuring they have the necessary numbers of skilled people in place to sustain these goals.
North Sea projects, such as the £7 billion Statoil Mariner and £4 billion Enquest Kraken developments, will require input from many thousands of people across the supply chain.
They will also employ costly and advanced drilling and fluids handling technologies to recover hydrocarbons from challenging offshore locations.
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