Aberdeen, Aberdeenshire (PRWEB UK) 19 February 2014
Well intervention projects are a top fiscal and operational priority for operators in the North Sea. To borrow a well-used phrase, “the days of easy oil are over.” Well intervention has become a critical feature of the future profitability of brownfield assets as operators seek to extend economic production for as long as possible.
Operators are developing programs to ensure that mature wells retain economic recovery rates and maintenance work is executed to ensure integrity. This activity is driving growth and the global intervention and work-over market is set to increase from an estimated value of $9.97bn in 2013 to $17.48bn in 2018.
The Offshore Well Intervention Conference (15-16 April, Aberdeen) has been produced by Offshore Network to assist operators in the North Sea in developing an offshore intervention strategy that mitigates risk and drives efficiency by planning around best practice and lessons learnt. (For more information see http://bit.ly/InterventionSpex).
Key well intervention specialists including Bumi Armada, Rushmore Reviews and Oxand have already confirmed themselves as major sponsors of the conference. With exhibitors including Hunting PLC, NOV Elmar and Sandvik joining them in the Technology Showcase Hall at the upcoming meeting.
There are limited sponsorship and exhibition opportunities still available at the conference. If your company is looking to develop business, launch a new product or simply reinforce your market position in the well intervention space – then the Offshore Well Intervention Conference (OWI) is the only conference you need to dedicate time and resources to in 2014.
Download the brochure to find out more about conference passes and sponsorship opportunities - http://bit.ly/InterventionSpex.
For more information, contact:
Director | Offshore Network Ltd.
t: +44 (0) 203 468 9461