Techbits: Technology Strategies Highlighted at Norway Conference

Abstract

Techbits From 15 to 16 October, more than 120 oil and gas professionals converged in Bergen, Norway for the fourth SPE Norwegian Petroleum Technology Conference (PTC). The conference, which was held in conjunction with Norway's Offshore Technology Days Exhibition, allowed managers, engineers, and business development planners to discuss how Norway plans to maintain its status as a global energy technology leader and incorporate innovations from companies big and small, far and wide. "The conference was really focused around StatoilHydro's dominant role in the Norwegian oil and gas industry and how they plan to ensure continual development of new technologies and put them to use," said Jan Roar Drechsler, Chairperson of the PTC Program Committee and the SPE Stavanger section, as well as a Principal Engineer and Technical Representative for Completions with StatoilHydro. "In the past [prior to the merger of Statoil and Norsk Hydro], there was a sort of competition between Statoil and Hydro to be first in the development of a new technology. There is concern that now some development programs, either within the company or with different partners, might be put aside or altered. People wanted to know how these would go on in the future." The first two presenters elaborated on this concern by outlining the role of technology in developing the reserves on the Norwegian Continental Shelf (NCS) and the dangers of scaling back future technology development programs. Roy Ruså, Vice President of Technology for Petoro, discussed upcoming technology challenges for operators and service providers in his talk "Technology Critical—Do We Act Accordingly?" Ruså pointed out that the mature NCS province still has many significant business opportunities, but they are linked to even greater technical challenges, such as realizing remaining reserves from smaller prospects, reducing nonrecoverable reserves, and finding and developing new recoverable resources. He acknowledged StatoilHydro as the major driver of technology development on the NCS, but added that the company must continue making significant investments in R&D and increasingly diversify its portfolio of production solutions by pulling in more technologies from other industries and geographic regions.