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OTC : Angola the new frontier
Rigzone
OTC 2008
HOUSTON
Petroleumworld.com, May 6, 2008
The 2008 Offshore Technology Conference in Houston with the theme: "Waves of Change" was launched on Monday with a big focus on new Angola's opportunities, with the first session of the event at 7:30 AM "Delivering mega projects in West Africa" focusing on BP's Block 18 in Angola.Also a second morning session yesterday included "Activa Arena : Angola 2020" with key note speaker Desiderio da Graca Verissimo e Costa, Angl'as Minister of Petroleum gather a big crow.
The Angola's energy minister, said the oil sector is leading the economy in his country and they look at it as a long term business.
"We hope the oil sector will continue its leading role in our economy for years to come," he said.
"Waves of Change" included panelists : Matthew A. Forster, Engineering Manager Abu Dhabi, BP; Tony Oldfield, SURF Project Director Greater Plutonio, BP; John Peak, Greater Plutonio Subsurface Manager, BP Angola BU; Graeme Stewart, Director Project Execution, BP and Graham Stewart, Resource Development Manager, BP Angola BU.
We can say it leaves no doubt that the new African frontiers for oil exploration and production on the African continent is Angola, even that Nigeria has as usual the largest contingent of exhibitors and conferees from Africa.
Angola is the newest OPEC members and it produces around 1.7 million barrels of oil per day in 2008, monthly offshore. Angola has proven oil reserves of 9 billion barrels, according to the Petroleum minister.The annual Offshore Technology Conference is the largest gathering of oil and gas industry service providers and one of the most veritable means of reaching foreign investors.
This year the OTC is expected to break attendance records past the last year 67,000 visitors mark. It offers attendees the opportunity to learn about those new technologies in geoscience, deepwater methods and equipment, industry trends, and more.
The 2008 theme, Waves of Change, encompasses changes in technology as well as changes in the workforce that highlight the need to not only keep pace but also to anticipate future developments. OTC offers attendees the opportunity to learn about those new technologies in geoscience, deepwater methods and equipment, industry trends, and more.
OTC names 2008 award winners
On Tuesday, May 6, OTC will present the 2008 Distinguished Achievement awards to James Ray for his environmental contributions to the offshore industry, and to StatoilHydro for the Ormen Lange project at the annual OTC Awards Luncheon.Ray, who retired from Shell in 2005 and is currently president of Oceanic Environmental Solutions, will receive the OTC Distinguished Achievement Award for Individuals for his leadership in demonstrating how the petroleum industry can operate in harmony with the environment, and for his rigorous pursuit of science related to the effects of oil and gas industry operations on marine ecology.
OTC's 2008 Distinguished Achievement Award for Companies, Organizations and Institutions recognizes StatoilHydro for the Ormen Lange project, an innovative subsea-to-shore development which overcame significant technical challenges to become Norway's deepest offshore development.
Also at the 2008 Awards Luncheon, OTC will present two Heritage Awards that recognize individuals who have provided distinguished service and significant contributions to the development of offshore resources. The 2008 Heritage Award recipients are Pierre-Armand Thomas, senior VP of technology, innovation and risk management for Technip; and Gordon Sterling, who had a 35-year career with Shell Oil and served as 1998-1999 chairman of the OTC board of directors.
The 2008 Spotlight on New Technology awards recognize innovative technologies. The technology must be proven, have broad interest and appeal for the industry, and provide significant benefits beyond existing technologies.
This year's winners include:
ABB AS “ Wireless Vibration Sensor "
Baker Hughes “ Baker Oil Tools RAM Rotatable Self-Aligning Multilateral System "
Baker Hughes“ INTEQ MagTrak "
Cubility“ MudCube"
Delmar Systems Inc.“ OMNI-Max Anchor for MODU Mooring "
Expro “ ViewMax sideview camera "
FMC Technologies Inc. “ Enhanced Vertical Deepwater Tree (EVDT)"
Schlumberger “ FUTUR* Active Set-Cement Technology "
Schlumberger “ ResInject* Injection Control Device "
Versabar Inc. â“ Bottom Feeder "
Weatherford International Ltd. “ MetalSkin Monobore Open-Hole Liner System"
Weatherford International Ltd. “ Motorized Cutting Tool (MCT) "
Welltec “ The Well Miller Reverse Circulating Bit "
Yantai Raffles Shipyard Ltd. Taisun “ 20,000 metric ton gantry crane "
Story by Elio Ohep, editor of Petroleumworld
Petroleumworld 05 05 08
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