Saudi Aramco director: ‘some of us will have to step back to let the younger generation in’
Saudi Aramco director Andrew Gould said today that he’s looking to technology and young people to lead the industry out of difficult times.
Events
OE2017 TAG Heuer competition: We have a winner
Energy Voice is delighted to announce that Ian Walters of Hydro Group has won a TAG Heuer Connected Modular 45 smartwatch in partnership with Jamieson & Carry.
Opinion: Breakthrough ideas in supply chain effectiveness
Yup! That old chestnut was being articulated, debated or whatever yesterday at a keynote with of course the obligatory high profile panel lined up.
Wood Group future-proofed after ‘challenging’ three years
The boss of oil service giant Wood Group has admitted that the last three years since the downturn have been "very challenging" due to a drop off in North Sea activity.
‘Keep up the good work’ to attract fresh capital to North Sea, Woodmac says
The North Sea oil and gas industry needs to “keep the good work going” in order to fight off competitors for new investment, an analyst has said.
North Sea one of busiest basins over next few years, Aker boss says
The head of a major Norwegian industrial investment company has said the North Sea will be one of the busiest regions to work in over the next two to three years.
SPX Flow upgrades Dyce base with £200k investment, creating new jobs
Global industrial equipment supplier SPX Flow said yesterday that it had invested £200,000 in upgrading its Aberdeen service centre.
Xodus gives Japanese a helping hand with decom duties
An Aberdeen energy consultancy is helping Japanese oil and gas companies to gain a better understanding of decommissioning and how to manage their global asset and abandonment liabilities.
VIDEO: See the hustle and bustle of Offshore Europe 2017
Didn’t make it along to Offshore Europe 2017 in Aberdeen this week? No problem, Energy Voice has you covered. Take a tour of the show floor, including the new decommissioning zone, with this video shot on day three of the event.
Energy course should ‘give girls the confidence to step forward’, say Shell
And social investment adviser John Raine believes that the scheme has given rise to the first signs of re-balancing the gender gap.
From hurricane oil price to the real thing, NOV on surviving the storm
US firm National Oilwell Varco has braved an economic whirlwind only to have the real thing land on its Houston doorstep.
Opinion: A cultural shift – leaving yesterday behind
The box chart below shows the average drilling difficulty (on a P50 basis) of offshore wells drilled in the North Sea basin from 2000 to 2016. The data suggests that the average drilling difficulty hasn’t changed very much over the last two decades – it has been relatively flat. The Rushmore Drilling Index (RDI) is a measure of the difficulty of drilling a well and is used for normalisation purposes. The numbers in parenthesis represent the number of wells that were drilled to Total Depth in a given year.
Jeremy Cresswell: Reasons to be cheerful … subsea!
Trundling around this year’s Offshore Europe has, believe it or not, put me in a reasonably positive mood. The fact that the foundations for the European Wind Deployment Centre are now being installed offshore just a few miles up the coast from the AECC serves as valuable reinforcement.
Sir Clive Woodward: Oil and gas can learn a lot from sport
The man who led England to its historic Rugby World Cup victory has claimed there is a lot the oil and gas industry can learn from the sports world.
Oil and gas tankers could be “weaponised” by terrorists, industry warned
Oil and gas tankers could be "weaponised" by terrorists and used to block global shipping routes or create massive explosions several miles wide, security experts have warned.
Sir Ian Wood: North Sea has turned a corner
The North Sea industry has turned a critical corner, according to industry veteran Sir Ian Wood.
Andy Samuel: North Sea’s line of sight is clear
The Oil and Gas Authority's (OGA) chief executive has 900 million barrels in his direct line of sight.
Aberdeen still “unchallenged number two”, says SPE chief
Aberdeen is still the “unchallenged” number two to the US city of Houston in global oil and gas markets despite recent woes, a visiting industry chief said yesterday.
OGA: New report highlights potential North Sea bounty
An additional 900million barrels of oil could be extracted from the North Sea if companies can improve their operation, according to the Oil and Gas Authority (OGA).
Attract new investment or face prospect of ‘irreversible damage’, North Sea industry told
The oil sector’s efforts to make the North Sea more competitive will be “irreversibly damaged” without an influx of new investment, an industry expert said today.
UK in ‘fight’ with other oil regions for investment, Statoil chief says
Statoil’s UK North Sea chief said the basin was locked in a “fight” with other oil producing regions for new investment.
OGTC to sanction up to 12 new projects by year end
The Oil and Gas Technology Centre (OGTC) expects to start work on at least another 12 development projects by the end of the year.
Decommissioning a ‘double-edged sword’, Wood Group chief warns
Wood Group’s chief executive has said that decommissioning is a “double-edged sword” for the oil industry.
Scientists warn of of North Sea methane gas menace
Sizeable quantities of methane gas is escaping from below the North Sea floor every day as a result of anthropogenic activity, according to new research.
Promoted: Blaze firm plans for growth
Fire safety systems supplier Blaze Manufacturing Solutions is plotting a route back to its heyday after diversifying to beat the downturn.