Voices: “Geographically, what offshore region will emerge next as a new market?”

Chariot Oil & Gas is an exploration company with a specific focus on the Atlantic margins - an area within which it views to be of prime geographic importance for new market oil and gas exploration. It has recently acquired licenses in the Barreirinhas basin offshore Brazil, which lies conjugate to the salt basin of Ghana and Cote D’Ivoire, adding to its portfolio on assets offshore Namibia, Mauritania, and Morocco. Chariot believes this acreage to be within highly prospective, underexplored basins with the opportunity for the discovery of large accumulations of hydrocarbons.

 

Larry Bottomley, CEO, Chariot Oil and Gas

Southeast Asia is definitely a growth target for EV. Countries such a Vietnam and Indonesia are developing fast both in their wider economies and their oil and gas businesses. Myanmar will almost certainly be next on the list. It is becoming much easier to do business in these countries and the potential is significant. EV’s downhole camera services are well suited to these markets and we have already done our first jobs in Vietnam and Indonesia. With the lifting of sanctions hopefully Myanmar will be next for us.

 

Francis Neill, CEO, EV Offshore Ltd.

It’s often not that we are targeting a new market, but that we are supplying markets our customers are targeting. At present those markets are West Africa, Asia and Australia. True to say, however, that we remain busy globally, in order to satisfy the demands for oil and gas exploration and production. 

 

Nigel Haworth, Sandvik Global Sales & Marketing Manager, Oil & Gas

Mexico is one of the largest oil producers in the world. Over recent years, production from shallow offshore fields has declined, however efforts have now been focused on deepwater operations, which come with its own inherent risks and challenges. The oil and gas industry in the region has been very committed to strengthening safety through operational and technological improvements for existing and future operations. Crew transfer offshore is one of the most critical considerations as operators look to maintain efficiency in ongoing projects, while putting in place systems which can effectively support the region’s ambitious growth targets.

 

Grant Wintle, Business Development Americas, Reflex Marine Inc.

The countries to come in offshore are: Brazil, Russia, and Ghana. Brazil’s Petrobras is continuing its huge long-term investment program in order to grow production output and commercialize the sub-salt discoveries. Russia is one of the world’s largest gas reserves and is sure to be a long-term player. For years, West Africa has been a major oil and gas market, with traditional primary focus on Angola and Nigeria, but there are promising growth opportunities in Ghana.

 

Magnus Miemois, Vice President, Solutions, Wärtsilä Ship Power