Andy Norman

Recent Posts

Best practice guide to running asset life extension projects in Norway

Posted by Andy Norman on 25-May-2017 12:00:00

With 7.4 billion Sm3 o.e. left to produce and sell in Norwegian waters, according to Norsk Petroleum it is no wonder why operators are eager to extend the life of their assets in order to continue producing on their proven assets. The focus towards asset life extension has helped contribute to Norway increasing its oil and gas output for the third year straight in-a-row.

The Norwegian government has praised asset life extension as "one" of the reasons for prosperity in the region. A government official said, "The high level is in part due to good regularity on the fields, and the fact that various efficiency measures have led to substantial reductions in operating and exploration costs."

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Topics: offshore asset life extension

Global Economic Outlook 2017 – where does your country sit?

Posted by Andy Norman on 25-Apr-2017 10:00:00

Deloitte’s John England hit the nail on the head in his latest report, 2017 outlook on oil and gas, when he described his views on the global economy in 2016, 2017 and beyond. “While I called 2016 the ‘year of tough decisions,’ I’d characterise 2017 as ’the slow road back.’”

2017 is however already seeing some positive economical improvements. The oil and gas industry is showing some progress with OPEC’s decision to cut production, for example, accelerating the drawdown of global oil inventories. This will help over time create a sustainable, efficient and profitable industry once more.

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Topics: decommissioning

Issues and challenges faced when providing conductor centralization

Posted by Andy Norman on 05-Apr-2017 11:15:00

Installing an offshore platform is a hugely complex, multi-disciplinary operation. The importance of centralization for the integrity of conductors and to extend the life of the wells is sometimes underestimated. Ignoring the issue at the start of any project or addressing it incorrectly can be costly, particularly with the trend nowadays showing new projects with more ambitious design life for the platform. Whilst appearing to be simple devices, centralizers provide a service at a critical interface between the platform structure and the well – where the conditions imposed upon them can be severe.

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Topics: offshore asset life extension

Recommendations that the oil and gas industry should look to achieve in order for 2017 success

Posted by Andy Norman on 23-Mar-2017 12:01:28

2017 is a crucial year for the UK oil and gas industry and its supply chain. Two years of consolidation and cost efficiency has put the industry on better footings, and now a steady upturn in oil prices in Q1 of 2017 has brought about new-found optimism.

As Deloitte’s 2017 outlook on oil and gas explained, “OPEC finally announced production cuts of 1.2 million barrels per day in 2017, and rig counts growing, albeit slowly, once again. There is a sense that better times are ahead.”

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Topics: offshore asset life extension

BREXIT: The impact of Brexit on the UK oil and gas industry

Posted by Andy Norman on 28-Feb-2017 10:00:00

Who would have predicted what would proceed the results of the EU Referendum on the 23rd June 2016?

As political and cultural differences have come to the fore over the past six months, the one area that UK businesses have been able to agree on is by calling for the Government to make a ‘smooth transition’ from the European Union.

For the North Sea, in particular, facilitating this transition has never been so needed – especially as the maturing UK Continental Shelf (UKCS) continues to need investment at this critical juncture in its history.

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Topics: decommissioning

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