OEEC Newsflash June 2015

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News Flash Offshore energy

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Read more about: Investing in the future of energy 01 Timetable 02 Column: Five days at the Super Bowl of Energy 03 Industry news 04 The effects of poor data management 06 Italian Pavilion at OffshoreEnergy 2015 07 Amsterdam: A city you must visit 07

EDITION 26

Exhibition & Conference - 13 & 14 October 2015 - Amsterdam RAI

Offshore Energy 2015 Investing in the future of energy with a diverse and high quality program 2015 will mark the eighth consecutive year of the Offshore Energy Exhibition & Conference (OEEC), on October

as part of cost reductions, and export

years work experience in the offshore

13th and 14th, again in the Amsterdam RAI. This year’s diverse and first-rate program is coming together nicely.

control and sanctions in oil & gas.

industry. Professionals who have an

Given recent developments, the Conference will focus mainly on what the future of the offshore industry

Moreover, decommissioning and subsea

unique knowledge about how the industry

will look like and how the latest developments and opportunities can be improved upon efficiently. With our

processing are back on the agenda.

works, and the possible developments.

custom-made program for Offshore Energy 2015 we aim to update the industry on the various available

The Conference Advisory Board assists

possibilities and innovations. The very reason we have chosen the theme Investing in the future of energy.

Next to the technical session,

the OEEC organization in identifying the

OEEC offers three special Keynotes

key challenges and issues in the offshore

This year, for example, the development

2015 is Technical Data Management. In

(HPHT) drilling operations. Operators

where panels from the industry discuss

sector. This way, the best master classes,

of new and alternative energy sources

this session, led by Shell, we will examine

are investing in this challenging new

human resources challenges, oil and gas

key notes, and technical sessions can

will again be explored, which could

how technical data management can lead

game – generally seen as offering new

financials, and the industry as a whole.

be offered, and the program will be

lead to great corporate opportunities.

to better informed business decisions

potential – as well as in mature areas

These Keynotes are free to attend.

streamlined with present developments.

Marine energy, for instance, offers many

in the offshore oil and gas industry.

such as the North Sea.

substantial amounts of renewable

We will also welcome HPHT drilling for

The program will be completed by

For the first time OEEC has established

energy. These developments and the

the first time. This technical session will

interesting subjects such as best practices

a special Conference Advisory Board.

extensive possibilities will be discussed

take place on the first conference day

for well intervention vessels and new

This new advisory board is composed

in one of the technical sessions.

and will look at technology developments

vessel designs, the role of technological

of a diverse group of offshore

A new theme during Offshore Energy

in high-pressure, high temperature

innovation and new business models

professionals who have at least ten

Conference Advisory Board

possibilities worldwide to produce

Stay in touch!

@NavingoOE #OEEC

Facebook.com/OffshoreEnergy

Offshore Energy Amsterdam

Continue reading on page 2

www.offshore-energy.biz


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Offshore Energy 2015 Investing in the future of energy with a diverse and high quality program This year’s Conference Advisory Board

Guido van den Bos from NOV is

the board: “I want the right people

consists of: Ralph Dazert, Analist,

looking forward to participating in

at the right places, and I want to give

Netherlands Maritime Technology;

the Advisory Board. His motives are

substance to high-quality issues.”

Pascal Ferier, Director, Enersea B.V.;

clear: “I want to be an integral part

Joop Slager, New Ventures Manager,

of a dynamic group of experienced

Offshore Wind 2015

Wintershall Noordzee B.V.; Ruud Liem,

industry colleagues.” He has high

On Monday October 12th, a day prior

Business Development Manager,

expectations for his first year on

to OEEC, the annual Offshore WIND

IRO; Robert Plat, Principal Consultant

the Board: “I expect, together with

Conference (OWC) will take place

Offshore, Royal IHC; Jan Prins,

the Board, to lift the conference to

in the Amsterdam RAI. The theme

Director Business Development,

an even higher level by suggesting

of the sixth annual Offshore WIND

Siemens; John Spee, Project Manager,

current topics and difficulties in the

conference is Building an industry

Development Company Holland North;

industry, and to provide an effective,

without borders. A theme that hopes

Guido van den Bos, Regional VP

safe, and cost efficient solution.”

to not only break down the barriers in

Operations Europe and Sub Saharan

Continued from page 1

legislation, but also mental barriers;

Africa, NOV; Nick Waterdrinker,

Joop Slager of Wintershall Noordzee

discovering how people can promote

Partner, Energizing Business Group;

is also happy that he can share his

the growth of the industry. Anyone

Gert Jan Windhorst, Deputy Secretary

experience and expertise through

registered for the Offshore WIND

General, NOGEPA; and Eric van Ewijk,

the Advisory Board: “I am quite

Conference receives automatic access

Asset Manager, EBN. The intention is

critical, and I think I can play a role

to the Offshore Energy Exhibition,

that the Conference Advisory Board

in improving the technical content

allowing visitors and interested

members will serve for no more than

of the program.” The New Ventures

parties to obtain information on

two years, ensuring a regular breath

Manager set a number of goals he

several levels.

of fresh air to guarantee high quality.

wants to achieve as a member of

Check for more information about the program or to register for the Conference

www.offshore-energy.biz

Tuesday 13 October 09.30

10.00

10.30

Official Opening

Park Foyer

Arena 1 (Hall 8)

11.00

11.30

12.00

12.30

13.00

13.30

14.00

14.30

15.00

15.30

Keynote - Industry Panel

Keynote - Human Capital Panel

HPHT Developments

Technical Data Management

16.00

16.30

17.00

17.30

16.00

16.30

17.00

17.30

Cost savings and innovation

Arena 2 (Hall 8)

Master Class Room (Hall 8)

Master Class

Master Class

Halls 8, 9, 10 and 11

Offshore Energy Exhibition

Tuesday 14 October 09.30

Park Foyer

10.00

10.30

11.00

11.30

12.00

12.30

13.00

13.30

14.00

14.30

15.00

15.30

Keynote - Drilling & Dollars Panel

Arena 1 (Hall 8)

Well intervention vessels

Subsea processing

Arena 2 (Hall 8)

Export control and sanctions in oil & gas

Decommissioning

Master Class Room (Hall 8)

Halls 8, 9, 10 and 11

Master Class

Master Class

Offshore Energy Exhibition


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Column

Five days at the Super Bowl of Energy

Column

Bartolomej Tomic, Editor in Chief Offshore Energy Today, Navingo (left) Femke Perlot-Hoogeveen, Conference Manager, Navingo (right)

“If you give any oil price forecast, you will be right... At some point.”

Normally, this spot is reserved

sees the chief executives of five oil

for industry representatives.

majors in a single day, it was a

For this edition, however,

politician that stole the show this

the OEEC Newsflash editors

year in Houston. The remarks made

have made an exception, as

by Lisa Murkowski, Senator of Alaska,

we attended what has been

on the first day of CERAWeek were

described as the Super Bowl

to be quoted throughout the week.

of energy: IHS CERAWeek.

“I am announcing today – right here,

crude oil export, saying basically

and on the industry’s human capital.

up. Exxon’s Tillerson: “If you give any

Here, we had access to a host

right now – that I plan to introduce

that the U.S. would shoot itself in

Statoil’s CEO Eldar Saetre warned that

oil price forecast, you will be right...

of CEOs and other high ranking

a bill that fully repeals our nation’s

the foot. “We are putting sanctions

while cost cutting is understandable,

At some point.” Adam Sieminski, who

energy officials. These are

outdated [crude oil] export ban.”

against ourselves by lifting them

the industry should have learned

leads the U.S. Energy Information

our main takeaways.

Murkowski argued that President

against Iran.”

from the previous down cycles.

Administration, took another stance

He suggested that standardization

for 2015: “I am 95 percent certain,”

Rex W. Tillerson, CEO of Exxon Mobil,

exemptions, allowing export to the

So, with this bullish talk on the

could be a key to cutting cost, as there

Sieminski said, “that the oil prices

Patrick Pouyanné, CEO of Total,

U.S. allies in the world. “Why not

first day, what would the rest of

have been too many one of a kind,

in 2015 will be in the range of USD

Pemex’s Emilio Lozoya, Statoil’s

members of NATO, such as Italy,

CERAWeek have in store? We heard

tailor made, expensive solutions by

30 and USD 100 per barrel.”

Eldar Saetre, Ryan Lance, CEO of

which relies on Libya; Poland, which

a lot about what can be expected

every operator for every project in

Obviously, this column sheds a very

ConocoPhillips, ENI’s Claudio Descalzi,

relies on Russia; or the enormous

in this day and age. Oil price

the oil and gas industry.

selective light on everything that

BP’s Bob Dudley, and Shell’s Andy

refining complex in The Netherlands,

developments, geopolitics, and the

Brown were some of the speakers

which serves the European continent

role of gas, coal, and renewables. And

Regarding low oil prices, there was

CERAWeek coverage by Navingo,

at one of the most influential energy

and the world?” Murkowski also

never far away from the discussion:

a general consensus in Houston that

please visit:

events in the world. Although it

raised concern about the U.S.

the impact of low oil prices on

there can be no general consensus

www.offshoreenergytoday.com/

doesn’t happen every day that one

potentially lifting sanctions on Iranian

investments, on the supply chain,

on when and if the prices will go back

tag/ceraweek/

Obama has the power to make

Advertisement Offshore Holland

STAY UP TO DATE ON DUTCH OFFSHORE INNOVATIONS AND TECHNOLOGIES Get your free pdf copy on www.offshoreholland.com

CERAWeek had to offer. To read all


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Industry news Statoil CEO: Our industry has bad memory Statoil CEO Eldar Sætre has called for more standardization across the oil and gas industry, saying that is the key to lowering costs in the tough market of low oil prices.

Sætre, appointed CEO of Norway’s biggest oil company after Helge Lund left for BG Group, said:“Some say that the secret to happiness is nothing more than good health and a bad memory. I guess there’s some truth in that also for us in the oil industry. Having got used to a 100 dollar world, last year’s turning point hit us hard, and with surprise, once again.” During his keynote speech at the IHS CERAweek conference in Houston this week, he noted that with every downturn the oil industry turns to the same solutions, such as slashing capex and exploration, cutting costs and reducing headcount, while also tightening dividends and buy backs.

Havkraft wave power plant fully operational Havkraft, a Norwegian wave energy developer, has announced that its floating wave energy plant is now fully functional.

“But this time – as an industry – we must do more than The wave power plant is currently deployed off Stad, a

According to Solheim, the funding necessary for the

peninsula in northwestern part of Norway. This full scale

construction of 1.5 MW full scale wave power plant

Offering a solution, he went on: “Standardization,

prototype wave energy plant has the capacity of 200 kW,

would require additional investment in the amount of

simplification and industrialization. Not yet words that

and serves as a demonstration plant.

approximately USD 2.6 mln. Solheim added the company

just hit the brakes,” he said.

is currently searching for a client that would help deliver

are immediately associated with our industry. But the potential is large, in many areas.“

The funding in the amount of EUR 500.000 necessary for

the full scale wave plant.

the deployment of this demonstration plant was received He said that standardization of certain processes in the

from Innovation Norway.

Havkraft, in collaboration with Kvernevik Engineering, has transformed a fishing vessel into a wave energy plant.

industry could be a game changer, noting the fact that the costs have soared over the last decade as every operator

Tidal Energy Today Staff spoke to Geir Arne Solheim, CEO

The developers have installed four large chambers in the

has their own tailor made solution for every project out

of Havkraft, who said: “We are using the prototype to get

vessel’s bow. The technology works when the waves striking

there, instead of focusing on cooperation, simplification

as much learning time and information as we can so that

the vessel cause the water levels in the chambers to rise.

and common solutions for common problems.

we can build several models in formation, based on this

This creates an increase in air pressure which in turn

full scale model.”

drives four turbines – one for each chamber, generating electricity.

He said that due to these, tailor made solutions across the industry, over the last ten years, the cost of subsea developments have increased by 250%.

Do you want to stay up-to-date on the latest news about the tidal energy industry? Check TidalEnergyToday.com

“Complexity is something we have built over decades. Resources, regulations and specifications have all become more complex. And we have countered complexity with even more complexity.” “Getting to simplicity is harder. It means getting to the core of what’s needed. Cutting costs in the simple manner is rather easy. Cutting the right costs is much more difficult,“ Sætre said.

Do you want to stay up-to-date on the latest news about the offshore energy industry? Check OffshoreEnergyToday.com

Offshore Energy hit the road Team OEEC traveled to Houston for the OTC to promote Offshore Energy Exhibition & Conference. The IRO Holland pavilion had an “Offshore Energy” branded wall on the staircase and even our cars carried our logo. Besides receiving very positive feedback about our 2014 event we gathered loads of new contacts. A great foundation to keep on building on a better and even more international event.


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Kentish Flats Extension Breaks Ground, First Monopile in Water The first monopile foundation at Kentish Flats Extension was installed yesterday morning. GeoSea’s offshore wind installation vessel Neptune, carrying two foundations, arrived on site on Friday afternoon, while the construction kicked off later that evening. “This is a great start to the project and puts us nicely on schedule which is a good sign for the rest of the development,” said Vattenfall, the wind farm developer. Gunnar Groebler, head of Vattenfall’s Business Area Wind, said: “Vattenfall is committed to growing its offshore wind capacity in Europe’s northern seas. Dan Tysk is now fully operational, we have started building Kentish Flats Extension and shortly another

UIS: New Subsea company launched at OTC

German scheme Sandbank will get going. More will follow, including the Danish Horns Rev 3, as Vattenfall’s healthy wind energy pipeline drives growth in the production of sustainable energy.” Matthew Green, Vattenfall’s Project Director for Kentish Flats Extension, said: “A number of large vessels will be offshore Herne Bay and Whitstable this summer as we add 15 turbines to the existing 30 at Kentish Flats. We hope local people will be able to follow the construction

Underwater Integrity Solutions (UIS), headquartered in Houston, is an independent company focused on underwater integrity, production assurance and life extension for subsea fields. HitecVision has committed $150 million of equity to finance the build-up of the company. UIS has been established by five subsea industry leaders with over 140 years’ combined global experience.

is currently around $10 billion and expected to grow strongly over the course of the next few years. Today, there is a need to significantly reduce subsea operating costs and increase efficiency and hence value from subsea fields. Against that background, the UIS vision is to become a leading provider of independent underwater integrity and production assurance solutions. Our independence, global presence and sole focus on subsea integrity and assurance will be our competitive edge, differentiating UIS from what is currently being offered in the marketplace.”

and take a great interest in what is a challenging and complex engineering exercise. It doesn’t get much tougher

According to the company, UIS will acquire businesses,

than this: piling foundations 30 metres into the seabed;

and form strategic partnerships, to build an independent

UIS boasts a leadership team on both sides of the Atlantic,

installing 139.6 metre tall turbines weighing 600 tonnes

and global company solely focused on integrity and

comprising, in Houston HQ, Bill Boyle, Chief Financial

over 8km off the coast; and, completing on schedule

production assurance with the aim of maximising the

Officer Mark Webster and Chief Operating Officer Guido

and to budget with, most importantly, maximum

operators’ financial return on their subsea assets over

Bressani, and in Aberdeen, Chief Commercial Officer

emphasis on safety.”

their operational life.

Neill Kelly, and Chief Technology Officer, Geoff Fisher.

The company believes the work will last for a few weeks

Bill Boyle, Chief Executive Officer of UIS, said: “UIS

Rolf Magne Larsen, who recently retired from Statoil,

depending on the weather conditions. “Some noise will

is launching at a time when the trend for operations

is Chairman of the board of UIS, which also includes

be heard from shore, but we plan to work long hours to

in deeper water and in more hostile environments is

Quinn Fanning, Chief Financial Officer of Tidewater Inc,

get the job done as quickly as possible.”

continuing. There are about 5,000 operational subsea

Lasse Andresen of ForgeRock and Tor Espedal, Senior

wells around the world with almost 7,000 predicted

Partner of HitecVision.

When completed, Kentish Flats Extension will have a

by 2020. Subsea global annual operating expenditure

total capacity of 49.5MW capable of powering around 35,000 households. Do you want to stay up-to-date on the latest news about the subsea industry? Check SUBSEAWorldNews.com Do you want to stay up-to-date on the latest news about the offshore wind industry? Check OffshoreWind.biz

Royal IHC Launches TSHD ‘ILEMBE’ The naming and launch ceremony of the 5,500m³ trailing suction hopper dredger (TSHD) ILEMBE took place at Royal IHC’s shipyard in Kinderdijk, the Netherlands. The dredger is being built for Transnet National Ports Authority (TNPA), the national port authority of South Africa. The ceremony was performed by Ms Lunga Ngcobo, General Manager Corporate Affairs at TNPA. IHC was selected as the supplier after a successful submission into an open tender process for what will be the largest dredging vessel of its kind operating in the country. The contract for the design, construction and delivery of the vessel was signed between TNPA and IHC in March 2014.

Do you want to stay up-to-date on the latest news about the dredging industry? Check DredgingToday.com


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The effects of poor data management While organizations have to digest a higher volume of data every year, more companies seem to struggle to deal with this situation. But focusing on analyzing data is important, especially for the oil and gas industry. Due to the combination of increasing operations and lower oil prices, taking advantage of this valuable data is crucial. Not only to reduce costs, but also to minimize losses and improve safety.

Oil and gas organizations need to be fully

or poorly updated documents. These

productive and reduce downtime to a

problems have a great impact on decisions

minimum to stay relevant and successful in

that companies make, and increase the risk

the competitive global economy. Companies

of operational mistakes. It should be clear

need to understand the return on investment

that efficient performing data management

of managing data, and therefore prioritize

systems are crucial for the profitability and

the process. For example, by defining possible

market competitiveness of the oil and gas

obstacles and difficulties. According to a study

producers. It will help companies become

from Oracle, poor data management can

smarter and could push the boundaries on

cost major oil & gas producers up to almost

asset and operational optimization.

a quarter of their annual income. Handling the overflow of data in the right way can

Technical Session

help drive more growth.

With this year’s theme Investing in the future of Energy, Offshore Energy 2015

The ‘lack’ of efficient data management can

will save a spot for a Technical Session

have multiple reasons. Organizations may

about Data Management. In this session,

have significant gaps in human resources,

presented by Michael Nord from Shell, we

processes, and tools to cope with such an

will discuss how technical data management

increase. For example, business managers

can lead to better informed business

who don’t have access to important data

decisions in oil and gas, with a particular

and need to consult IT-departments when

focus on offshore.

they search for information. Or managers without proper training in complex systems.

This technical sessions takes place on Tuesday October 13th from 2PM till 4PM.

Data quality

For more information about attending this

There is also a lot to gain on data quality.

session, or an overview of the complete

Incomplete databases, important information

program, check www.offshore-energy.biz.

stored in different systems within the company

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• +150 delegates • +20 expert speakers Co-located with

• plenary and breakout sessions • networking opportunities Media partners

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7

About Offshore Energy 2015

Practical information

We are pleased to announce the addition of an Italian Pavilion to the upcoming Offshore Energy 2015!

Exhibition Ms. Annemieke den Otter Exhibition manager Tel: +31 (0)10 2092606 Email: ao@navingo.com Ms. Ashley Hofmann Project Manager Tel: +31 (0)10 2092646 Email: ah@navingo.com Ms. Nancy Slob-Corpeleijn Exhibition Coordinator Tel: +31 (0)10 2092651 Email: ns@navingo.com

A customized pavilion will highlight the national presence at the event,

Since 1984, IES has gained a reputation for organizing high quality

and, just as with the first country pavilions, a high participation of national

international trade events in established countries, as well as in the

companies is expected. Exhibitors will present original products and

world’s new emerging market economies. IES provides a wide range of

innovative solutions, spanning a wide range of goods and services for the

expertise and exhibition backup resources. They organize international

energy industries worldwide.

exhibitions both in Italy and overseas, and they are also the exclusive representative for Italy at a number of international shows – including

From the organiser IES:

OEEC 2015.

The previous Offshore Energy hosted 630 exhibitors and attracted more than 13,000 attendees from 81 nations worldwide. These significant

There are still stands available at the Italian Pavilion.

numbers show that OEEC is a great opportunity. One that brings together

Please contact Laura Tavarelli for more information.

industry leaders and provides attendees with the occasion to build solid

Tel: +39 06 30883030 | Email: lt@ies.co.it

Ms. Marsha Evers Exhibitor Services Tel: +31 (0)10 2092671 Email: me@navingo.com Conference Ms. Femke Perlot-Hoogeveen Conference Manager Tel: +31 (0)10 2092634 Email: fh@navingo.com Ms. Lieke Heijnis Conference Coordinator Tel: +31 (0)10 2092689 Email: lhe@navingo.com

business relationships.

Sales Mr. Laurens Kuiper Sales Manager Tel: +31 (0)10 2092649 Email: lk@navingo.com Ms. Sieneke Hopmans International Sales Tel: +31 (0)10 2092673 Email: sh@navingo.com Mr. Stephan van Plateringen Account Manager Tel: +31 (0)10 2092604 Email: sp@navingo.com

Amsterdam: A city you must visit Amsterdam is not only known for its dynamic business center, it’s also famously ‘gezellig’. A Dutch term that can be translated roughly as convivial or cozy, but something that is more easily experienced than defined. You can get that warm, fuzzy feeling just about anywhere. In most restaurants, after dinner in the glow of the candle light, when you have a good beer in a traditional wood paneled café, or when you cycle along the endless canals past all the historic buildings, as if you are in a Golden Age painting.

Marketing

Few cities meld history with modern urban flair like Amsterdam. It can surprise you on every corner of every lane. A hidden city farmhouse, a shop selling odd television shows and movie toys, or a former church converted into a music temple. Amsterdam also offers a culinary melting pot, reflective of the city itself. From Michelin-starred international cuisine to low-budget local hangouts. And with world-class museums, quirky festivals, the best shopping areas, live music, and laid-back bars you will never experience a dull moment in Amsterdam!

Mr. Philip Mulder Marketing Manager Tel: +31 (0)10 2092674 Email: pmu@navingo.com Ms. Iris Lommerde Marketing Coordinator Tel: +31 (0)10 2092682 Email: il@navingo.com Mr. Fabian Schellevis Marketing & Communications Tel: +31 (0)10 2092658 Email: fs@navingo.com Office

I Amsterdam City Card

Tips & Tricks

If you want to make the most

What makes Amsterdam even more special is the fact you can have a great stay in every price range.

out of your stay we suggest the

We created a small list of suggestions, depending on the city experience you would like to have. But bear

I Amsterdam City Card. Your

in mind that Amsterdam also provides an almost unlimited amount of opportunities outside this list.

Navingo BV Las Palmas Building Wilhelminakade 302 3072 AR Rotterdam The Netherlands Tel: +31 (0)10 2092600

“key” to the city. The card includes Bar Breitner

a detailed city map, unlimited use

Keep it low:

of the public transport system,

Sleep: Pension de Laurier - rooms up from

€ 32,50

free entrance to Amsterdam’s

Eat: Breitner - main courses up from

€ 12,50

best museums and attractions –

Drink: Belushi’s Bar in the Winston Hotel - 2 bottles beer for

€4

13 & 14 October 2015

like the van Gogh Museum In De Wildeman

and the Hermitage – plus great

Meet in the middle:

discounts and special offers

Sleep: Bell’s Boutique Hotel - rooms up from

€ 125

on food, shopping, and drinks.

Eat:

€ 25

The card is valid for 24, 48 or 72

Drink: In De Wildeman - beers up from

Bistrot Neuf - main courses up from

13 October 2015 09.30 - 18.00 14 October 2015 09.30 - 18.00

€ 2,60

Stay in touch

hours and the costs are respectively €49, €59, €69.

Venue Amsterdam RAI, The Netherlands Europaplein 22, 1078 GZ Amsterdam Halls 8, 9, 10 & 11

Grand Hotel Amrâth

Exclusive treatment:

@NavingoOE #OEEC

Sleep: Grand Hotel Amrâth - rooms up from

€ 400

Check www.iamsterdam.com

Eat: Ciel Bleu - menus from

€110

Facebook.com/OffshoreEnergy

for more information about

Drink: Skylounge Hilton Hotel - Cocktails

€13

Offshore Energy Amsterdam

the I Amsterdam City Card. (the prices mentioned above may vary)

It’s all about finding the right balance between work and pleasure, and therefore Offshore Energy 2015 (OEEC) and the city of Amsterdam look forward to welcoming you in October.

Stay informed Get our periodical Offshore Energy newsletter and keep up-to-date. Subscribe at www.offshore-energy.biz/newsletter


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