British and French Desperate for Oil, Make a Bid for Libyan Oil Assets16 Sep

British Prime Minister, David Cameron and the French President, Nicolas Sarkozy, visited Libya yesterday in support of the rebel fighters. Both vehemently denied that their visit was connected with Libya’s oil reserves (46 billion barrels).

The British sector of the North Sea produced slightly more than 1 million barrels per day (bpd) in May 2011 and a peak of more than 2.7 million bpd in 1999. UK oil consumption is approximately 1.6 M bpd. French oil production is approximately 20,000 bpd in contrast to their consumption of slightly less than 2 million bpd.

Conclusion: Both the UK and France are consuming significantly more oil than they produce. The same is true for the United States. This situation will only worsen in time and will lead to further international stress until sustainable energy plans can be developed and financed.

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About Dr. Everson

Prior to forming this SBIR consultant practice, Dr. Jeffrey Everson was director of business development for QinetiQ North America’s Technology Solutions Group (previously Foster-Miller, Inc.).

Dr. Everson has won and been the principal investigator for several SBIR programs, including a Phase I program for NASA, a Phase I project for the U.S. Air Force, and Phase I and II contracts from the U.S. Department of Transportation. For the Phase II program, he received a Tibbetts Award for exemplifying the best in SBIR achievement.

Previously Dr. Everson held senior scientist positions at Battelle Memorial Institute, The Analytic Sciences Corporation (TASC), Honeywell Electro Optics Systems Division, and Itek Optical Systems Division.

He holds a PhD in physics from Boston College and a MS/BS in physics from Northeastern University.

Contact

For more information about how JHEverson Consulting can help your company with its SBIR and STTR proposals, please contact Jeff Everson.

JHEverson Consulting is based in the Boston area but consults for clients throughout North America. It also is supported by affiliated consultants.