The UK Continental Shelf (UKCS) has an impressive four decades and 37billion barrels of oil and gas production under its belt, but as Oil & Gas UK frequently points out, there are still up to 25billion barrels remaining to be extracted.
Technological advances and project innovations are expanding the reach of the energy industry and raising new opportunities.
With the theme, Waves of Change, OTC 08 organisers are seeking to "reflect the industry's transition as project scopes and parameters are stretched to fulfil ever-increasing demand".
The latest Ernst & Young Country Attractiveness Index, which tracks and scores global investment in renewable energy, ranks the UK fourth equal with Spain in its league of countries attracting investment in renewable energy.
Quite rightly, I would argue, I have and will continue to harp on about the skills issues that not only the energy sector but that most others are facing.
With energy prices soaring and oil-company ranks thinning through retirement, petroleum-engineering graduates have become a hot commodity in the US.
CRANEAGE company Sparrows Offshore has secured a two-year contract with Fairfield Energy covering operations in the newly acquired UK North Sea Dunlin field.
THE Norwegian government is increasing its ownership of StatoilHydro from 62.5% to 67% - at a cost of about $4billion.
Perry Slingsby Systems (PSS) has secured a contract with DOF Subsea to supply 10 new-generation Triton XLX ROV (remotely operated vehicle) systems - five in 2009, the rest in 2010. This order brings the number of PSS systems contracted by DOF in the last 30 months to 21.
THE UK Government has approved three new windfarm projects. They are:
DELOITTE has seconded a member of its global Petroleum Services Group based in London to Aberdeen. For the first time, Aberdeen companies will have direct access to the specialist support and advisory services offered by the group to help them compete in today's fast-paced oil and gas industry.
ON FEBRUARY 21, Gazprom, Total and StatoilHydro signed a historic shareholder agreement for the creation of a company to develop phase one of the giant Shtokman gas field in the Russian sector of the Barents Sea.
EU RENEWABLE energy targets; the final report on the Transmission Access Review; important moves for microgeneration and heat; work progressing so well on the Glendoe hydro project that Scottish and Southern Energy is looking at more hydro projects; the launch of the Renewable Fuels Transport Obligation; the impending launch of Scotland's Hydrogen Futures Study; frenetic activity in the wind, wave and tidal sectors - it's certainly "all systems go" on the renewables front.
Due to the success of the supplier training sessions, supply-chain gateway FPAL has decided to expand its training programme by offering performance feedback workshops.
In today's "new world of work" , new rules apply. Generation Y is throwing its weight about and resistance is futile. Older colleagues are catching on and shrewd employers are taking note.
Caledyne was set up by three individuals, each of whom had tasted life with a fast-moving, forward-thinking Aberdeen oilfield engineering company that had been eaten up by one of the US big brands.
Despite the ongoing operating challenges for oil & gas companies in today's global economic markets, the sector remains active and continues to provide opportunities for investors.
RENOWNED petroleum industry economist Professor Alex Kemp is to lead the first of two new advanced Masters degree programmes at Aberdeen University.
THIS is your chance as a young professional - and almost certainly a university/college graduate - to influence the future course of the North Sea oil & gas industry.
This month's Oil & Gas UK Next Generation conference in Aberdeen is expected to attract hundreds of young energy professionals from the full gamut of disciplines.
The North Sea's Industry Technology Facilitator is launching a two-year talent hunt. The plan is to work with the North Sea and academia to build a pipeline of top-notch fresh faces into the energy sector by establishing industry-generated projects for use in postgraduate research .
THE sun has produced energy for billions of years. Solar energy is the sun's rays (solar radiation) that reach the Earth. Solar energy is free and its supplies are unlimited. Using solar energy produces no air or water pollution but does have some indirect impacts on the environment in the manufacture of technologies such as solar cells that convert that energy to electricity.
SEEN the steam from a car exhaust during cold weather just after mum or dad start the parental taxi in the morning? That's water vapour condensing.
StatoilHydro has thrown down the gauntlet to other oil companies by making the largest ever commitment to environmentally responsible offshore support vessels.
In recent years, we have seen a huge surge in compensation claims from people suffering the painful effects of hand-arm vibration exposure, often dating back many years.
