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Jeremy Cresswell

Oil & Gas

$100million Pazflor win for BW Offshore

A CONSORTIUM comprising BW Offshore units Advanced Production & Loading (APL) and SBM Offshore have secured a contract with Total for the engineering, procurement, supply, construction and installation (EPSCI) of the oil loading system on the Pazflor project offshore Angola in deepwater block 17. The contract is worth about $100million and the project is due for delivery early-2011.

Oil & Gas

Windfall tax? What a daft idea

There is a journalistic ritual of placing the words, "the influential", in front of the name of any parliamentary committee in order to add a bit of weight and significance to whatever subject it is reporting on. In fact, most parliamentary committees and their reports are pretty non-influential, even if they grab a few headlines.

Oil & Gas

Hybrid/electric race a non-starter

It was really quite remarkable. I nearly fell off my chair when I heard that, at the recent G8 meeting, Gordon Brown was effectively trying to dictate technology policy by saying that all British motorists will be driving electric or hybrid cars by 2020. Eh?

Oil & Gas

Huge opportunities up for grabs

It's great news that expansion in offshore wind could create up to 30,000 new jobs in manufacturing and bring £3billion of investment to the north-east of England - or as BERR parochially puts it, the north-east, forgetting that there is also the north-east of Scotland.

Oil & Gas

USGS signals Arctic bonanza

Vast petroleum reserves lie north of the Arctic Circle, according to the US Geological Survey - more than 400billion barrels oil equivalent of potentially recoverable oil, natural gas and liquids. And most of it seems to lie offshore.

Oil & Gas

China’s turbine firms prepare to storm global wind markets

EXPLOSIVE growth in the demand for wind power has created a global waiting list for wind turbines, according to ClimateChangeCorp. It says Chinese turbine companies may be part of the solution as they ramp up production and get ready to export. And according to the Global Wind Energy Council (www.worldenergy.org), China will become the top wind turbine manufacturer by 2009.

Oil & Gas

Caledonian nous key to Varel’s success

Late spring saw Aberdeen company Downhole Products gobbled up by fast-growing Varel International for an undisclosed sum. What perhaps differentiates this deal from so many others is that Varel's president is a Scot who led a management buy-in of the US firm in 1998 when it was about the same size as the latest target.

Oil & Gas

BP report points to fall in output

The annual BP Statistical Review of World Energy is an essential reference source. It gives production and consumption statistics for many countries and all the regions in the world, disaggregated by oil, gas, coal, nuclear energy and hydroelectricity.

Oil & Gas

Free FPAL training to industry suppliers

AS THE FPAL evolution progresses, free supplier training sessions continue to be held at the Aberdeen office. The training sessions offer suppliers an opportunity to learn how they can fully utilise FPAL and understand the potential benefits offered through the system's associated services.