The Society of Petroleum Engineers (SPE) Aberdeen Section will launch its 2015-2016 events programme this next week with a presentation from the oil and gas industry regulator, the Oil & Gas Authority (OGA), on the topic of Maximising Economic Recovery (MER).
Drawing upon 28 years of industry experience, Ms Brenda Wyllie, Northern North Sea and West of Shetland Area Manager at the OGA, will outline the importance of MER in the UK, the key areas which should be prioritised by the industry and the best ways to drive future investment and improve efficiency.
The OGA was set up by the UK Government to supervise the offshore oil and gas licensing regime and ensure maximum collaboration between operators. The OGA became an Executive Agency of the Department of Energy & Climate Change (DECC) on 1 April 2015.
Shankar Bhukya, SPE Aberdeen chairman, said: “The formation of the OGA will, hopefully, improve the regulation of the UK oil and gas industry. It has been granted the governmental powers and resources required to increase production and co-operation efficiency and drive future investment in the UKCS.