BP welcomes huge platform for Mad Dog 2 project to Texas
The Argos platform for the BP-operated $9 billion Mad Dog 2 project has arrived in the US after completing its 16,000-mile journey from South Korea.
Lab services firm Oleochem swoops for north-east rival
Laboratory services firm Oleochem Project Management (OPM) has "broadened" its offering through the acquisition of a north-east rival.
Safety equipment firm Survitec completes £270m refinancing
Survitec has completed a £270 million refinancing in a “key milestone” for the survival and safety equipment and training business.
Why hydrogen energy has seduced a generation of politicians
Articles on hydrogen are commonplace in today’s scientific and general media. Hydrogen is touted as a net zero silver bullet with the following claims.
Updated: Pioneering Spirit graces Firth of Forth for decom job
The world’s largest construction vessel, Pioneering Spirit, completed a large-scale operation in the Firth of Forth on the weekend.
BGF: Energy transition driving M&A activity
One of the conundrums of the pandemic has been how the M&A market has carried on apace, and indeed in some parts of the economy it is very active.
North Sea Transition Deal lays foundation for innovation investment
Former Conservative prime minister Harold Macmillan’s "middle way" and New Labour’s "third way" describe an approach that seeks to occupy the "radical centre" between two extremes.
Aberdeen’s survival rests on the energy industry’s ability to adapt to change
Spring has returned to the North East of Scotland, bringing with it (slightly) better weather and a sense of renewal. Residents of Aberdeen will undoubtedly be pleased with the prospect of a fresh start, but question marks still remain over the city's ability to deal with change. Like the coming of Spring, the move from traditional fossil fuels to renewables is inevitable. However, this period of transition has put the so-called Granite City on increasingly shaky ground.
Oil giant BP pays tribute to ‘champion of British engineering’ Prince Philip
UK-headquartered oil major BP has paid tribute to Prince Philip, who died on Friday morning, aged 99.
EVOL: Twitches, itchy feet and wheel woes
Hurricane Energy is no longer jumpin’ jack flash, with recent news from the company being described by one analyst as “another twitch” in its death throes. Once, shareholders had piled in to the company’s fractured basement story but now it seems there is less and less that can be done by the management team.
Wood linking up with Norwegian player for green hydrogen projects
Engineering and consulting giant Wood has entered into a framework agreement for green hydrogen projects with Norway-based NEL Hydrogen.
Incentivising the energy revolution: Where does IP fit in?
If the UK is to meet its net-zero carbon emissions target by 2050, then green stimulus incentives are very much needed, but are the existing schemes working to their full capacity?
Baker Hughes in north-east facilities shake-up
Energy service firm Baker Hughes is reshuffling its north-east facilities footprint once more in an effort to “drive synergies” and improve conditions for staff.
Support for skills and supply chains required to power North Sea Transition Deal
Businesses following the recent raft of flagship green support measures, announced to support energy transition in the north east of Scotland, could be forgiven for losing track last month.
Homeworking is here to stay, and everyone should benefit
The last 12 months have seen an astonishing shift in the working patterns of millions of Brits. At the start of 2020, a mere 6% of UK workers worked from home. Now, it’s the norm for so many of us. The success of this unexpected experiment suggests that, as far as remote working is concerned, the genie is well and truly out of the bottle.
Tackling the information and systems challenges of acquisitions
Asset transfers can be complex from an information and technology perspective but can be the springboard for innovation, as well as delivering the expected productivity. The critical path is for the transfer of services agreement, safety case, readiness and transition of operations. This article highlights the types of transfer, the issues we face and Sword’s tried and tested approach to dealing with them.
North Sea Transition Deal: watch out for the sting in the tail
The North Sea Transition deal, announced on March 24, has given industry a clear statement of intent for the coming decade and beyond, but the energy sector would do well to prepare itself for the inevitable legal and regulatory consequences that follow.
Scottish company RemNOx launches ground-breaking decarbonising tech
Glasgow-based RemNOx announces the launch of a global distribution deal using innovative fuel technologies of SulNOx Group.
Equinor investigating Mariner helideck incident, confirms resumption of flights
Equinor is investigating an incident which led to the suspension of crew change flights on its Mariner A platform for several days.
Updated: Watchdog criticises Harbour Energy over Armada platform condition
Safety watchdogs have criticised Harbour Energy over the condition of caissons on the Armada platform in the UK North Sea.
Ithaca gives the thumbs up for phase two of Captain enhanced recovery project
Ithaca Energy, of Aberdeen, has decided to forge ahead with a £400 million project to boost output from a UK North Sea oilfield.
ECITB: Time to get on with the job of preparing workforce for net zero
As the race to reach net zero picks up pace, the building blocks are one by one falling into place. Last month saw the publication of yet another milestone, the North Sea Transition Deal which sets out the crucial role the oil and gas industry will play in the quest to decarbonise.
V-LIM upgrade – Solving the headache caused by obsolete IMD devices
Oil and gas operators are regularly faced with obsolescence issues when parts of their subsea control systems need replacing or updating.
Maintaining corporate wellness remotely
There is no doubt that the Covid-19 pandemic has transformed how we work. Over the past year, it has been a constant challenge to balance legislation and safeguard health, safety and wellbeing as personnel were forced to work remotely.
Wake up to threat of falling fertility
The global population of the human species in 1965 was 3.3 billion. Today the estimate is 7.85bn.