VIDEO: Installation and testing of 3,000 tonne offshore mast crane
Huisman has released footage of a massive mast crane being installed and tested on a heavy life vessel.
Growth lies in innovation
Building an agile workforce, establishing a culture of innovation and embracing technology and big data will be crucial to success in the oilfield services sector. Gemma Noble, Audit Director at EY, and Luke Johnson, CEO at Cognitive Geology and finalist in the ‘Rising Star’ category of EY Scotland Entrepreneur of the Year 2018, explain why.
All Energy: Recent Developments in the Green Loan Market
Green finance has been a hot topic over the last few years. Although opinions differ as to exactly what sort of financial activity falls into this sphere, generally any provision of debt or equity funding to take forward a project or product that is expected to reap an environmental benefit could be said to be green finance. Financing of renewable energy projects and climate change mitigation initiatives are usually referred to as key aspects of green finance.
Ensuring UK’s progress is recognised globally at OTC
My visit to OTC for the first time in my new role as supply chain and HSE director comes at a time when both the UK and international oil and gas industry have begun to emerge from weathering some turbulent times.
ABB wins £18million contract for Johan Castberg
Technology giant ABB has received an £18million contract to provide automation and safety systems for Statoil’s Johan Castberg development.
Finalists unveiled for inaugural decommissioning awards
The finalists have been announced for the inaugural Decommissioning Awards.
Wood monitoring turbulence from world’s first floating wind farm, Hywind
Wood has installed new technology to measure the effects of turbulence on the world’s first floating wind farm, off the coast of Peterhead.
Three contracts secured for Maersk Resolute jack-up rig
Maersk Drilling has been awarded three consecutive contracts for its jack-up rig Maersk Resolute in the Dutch sector of the North Sea.
IOG contracts Subsea 7 and Wood for Thames Pipeline work
UK-based Independent Oil and Gas (IOG) has contracted Subsea 7 and Wood for work on the Thames Pipeline in the Southern North Sea.
National Grid to sell 25% of Cadent Gas owner Guadgas
National Grid has announced it will sell its remaining 25% stake in Quadgas, the holding company for Cadent Gas, with cash proceeds to be around £1.2billlion.
BP’s pre-tax earnings shoot up by £1.3billion
BP’s pre-tax earnings shot up by over a billion pounds for the first quarter of 2018 on the back of rising oil prices and production.
OTC 2018: Piper Alpha-scale disaster could hit North Sea again, warns expert
A disaster on the scale of Piper Alpha could befall the North Sea oil sector again, an industry expert has warned.
Unite threatens industrial ballot over ‘delayed’ pay rise
Offshore union Unite is threatening an industrial ballot over “delayed” payments to workers by Sparrows.
Faroe CEO’s pay package swells to over £1million
Faroe Petroleum’s CEO Graham Stewart saw his total pay package swell to over £1million last year.
OTC 2018: Technique used to salvage ships has role in decommissioning
Techniques used to salvage capsized ships can be applied to the decommissioning of oil platforms, according to a new consortium.
Increased confidence in the North Sea could encourage more people to buy houses
Increased confidence in the North Sea oil and gas industry could encourage more people to buy properties in the north-east, despite the market still “struggling to recover”.
UK seventh most attractive country for renewables
The UK has climbed to the seventh most attractive country in the world for renewables, according to a new report.
OTC 2018: Offshore drillers to shell out for Balmoral’s turtle-inspired buoyancy tech
Aberdeen firm Balmoral Group is confident offshore drillers will want to shell out big bucks for a new product it launched at the Offshore Technology Conference today.
Energy bill price cap moves closer after MPs’ approval
An energy bill price cap has moved a step closer after legislation seeking to end "abuse" against customers cleared the Commons.
Appomattox platform shows Shell isn’t giving up on deepwater drilling
The massive Appomattox oil platform will set sail in May from a dock in Ingleside en route to the eastern Gulf of Mexico as Royal Dutch Shell aims to trigger a new beginning for the deep-water Gulf of Mexico following the recent oil bust.
Celebrating years of putting remote assets into focus
“Houston, please be informed there is a Santa Claus.”
Marathon’s Andeavor deal gives stealth access to cheap U.S. oil
Inside the largest refiner merger of all time is a hidden pipeline grab.
OPINION: Why hybrid cloud marks a sea change for oil and gas
It is an exciting time for cloud technology as it matures to become a driver of strategic business decisions. The IT industry is evolving rapidly, with cloud computing leading transformational change in organisations. IT executives no longer see cloud solutions as isolated IT projects but as part of holistic approach that must sit in line with the organisation’s strategy for the year ahead.
Total E&P appoints new managing director
Total E&P has appointed a new managing director for its North Sea operations.
OPINION: A time of opportunity for oilfield services sector
As companies have continued to consolidate during the oil and gas market downturn, Céline Delacroix, Associate Partner, EMEIA Oilfield Services at EY, explains how this activity is creating investment and growth opportunities in the oilfield services sector.