Offshore Europe takes place in Aberdeen every two years, organised by the Society of Petroleum Engineers. It will run from 8th – 11th September, attracting a global audience of engineers, technical specialists, industry leaders and experts to share ideas and debate issues of offshore energy industry.
Nineteen companies representing the unique all-energy East of England coast will take upbeat messages of investment and ambition to Europe’s biggest offshore exhibition next week.
The businesses on the East of England Energy Zone (EEEZ) stand will be celebrating 50 years of gas in Great Yarmouth and Lowestoft at Offshore Europe in Aberdeen but they will also be marking new investment this year and high confidence for more.
The East of England energy industry is renowned as ambitious, innovative, robust and flexible with a competitive cost-base, James Gray, director of the East of England Energy Zone said.
“The renowned low-cost-high-quality ethos of the East of England make it the clear choice for developers across the energy spectrum. The welcome mat is down for investors who want to share in the success of the East of England. All the information and data needed is available from EEEZ.”
Considerable reserves of gas are still to be recovered in the Southern North Sea after five decades of continuous activity and new prospects stretching into the future were offered by offshore wind..
Gas from the Cygnus field, the most significant gas field to be discovered in the SNS for 25 years, will start to come into Bacton, Norfolk this year in a £1.4bn investment by Engie – formerly GDF Suez – expected to bring spin-off benefits in the ports and supply chain across Norfolk and Suffolk.
Supply chain companies in the EEEZ are sharpening their offer ready for the North Sea decommissioning programme to dismantle hundreds of platforms and plug and abandon wells, concentrating on collaborating and turning to innovation to drive down costs to be ready to have the most cost-effective quality offer when operators start the process.
East of England Energy Zone, Mr Gray said. The Norfolk and Suffolk Energy Alliance, comprising Norfolk and Suffolk County councils, Great Yarmouth Borough Council, Waveney District Council, North Norfolk District Council, EEEGR, the New Anglia Local Enterprise Partnership and the Norfolk and Suffolk Chambers of Commerce, provides potential investors access to land and port data, the extensive local supply chain, skills, programmes, local politicians and planning support.
“Given the scale of some of the investment projects we work with, investors undertake a rigorous due diligence. That’s where our combined intelligence and local networks are an incredibly valuable resource.
“As a region, we have pooled our collective resources, and have produced what is really a simple portal. Most importantly we can always deliver the information requested.
‘This is true collaboration to make it easy for investors and it is working.”
“We will be reinforcing this at Offshore Europe.”
The EEEZ stand is 5B60.
