Space Exploitation - A Meditation on the Oil & Gas and Maritime Industries - Event update

Earlier this week (14th June) an event took place in Harwell, Oxford at the Satellite Applications Catapult.  Staged by Merchant Marketing Group, a company with a long association with Energy/Oil & Gas industries and The Satellite Applications Catapult, an independent innovation and technology company, created to foster growth across the economy through the exploitation of space. 

 The event, called 'Oil & Gas Applications: A meditation on crossover technologies and multi-market applications' involved such organisations as Rolls-Royce, IHC Concept, Centrica, OGIC, Nottingham University spin-out company, GVL Geomatic Ventures, and The TNW Group. Data harvesting, curation and intelligent fusion, and also, interoperability between AUVs, sonar systems, seabed arrays and satellites were all discussed. The challenges of decommissioning, and the further exploration of what are known as 'small pools' remain salient to the future of the North Sea - all require technology to make a difference.

"Technology will play a huge future in the future of the North Sea. It's essential in terms of managing the future of increasingly complex operational issues," says Paul Jones, CEO of the Merchant Marketing Group, "It is also a remedy to the spiralling costs faced by the oil and gas industry. If we can commit to innovation, a new way of working we are not ultimately presevering an industry, but bolstering the brand of the UKCS. We have a long and proud history of innovation. It's the industry's hallmark, our brand, and it is part of what we have successfully exported to the world, enabling deepwater explroation, enabling oil and gas ventures in such far-flung places as offshore Brazil and Southeast Asia."

The next steps following this event will be to hold a more detailed workshop to uncover new ways of working, partnerships and technology applications.

Watch this space!