Offshore Europe panel discusses Operating Models for the Future

Glasgow Caledonian University’s Applied Knowledge Exchange attended this week’s Offshore Europe conference in Aberdeen, meeting with partners including FMC Technologies and networking with the industry.

During a first day¬†session analysing the Operating Models for the Future, panelists including Oil and Gas UK Chief Executive Malcolm Webb said there were potentially large untapped ‘unconventional’ oil and gas reserves which required investment from the industry and a skilled, international supply chain.

Bob Keiller, CEO of Wood Group PSN, detailed the pros and cons of contracting out operations. He insisted it was important to be an ‘informed buyer’, keeping a close eye on contractor relationships through effective project management.

Global oil and gas solutions provider FMC Technologies is working with GCU to deliver a pioneering five-year research and development collaboration within the subsea oil and gas industry which includes KTPs, PhD studentships and research and development projects to identify new opportunities for safe and efficient oil recovery and to enhance reliability and integrity in the monitoring of subsea installations.