Scotland, Japan in £15m subsea technology pact
Scotland and a Japanese organisation will stump up funds totalling £15million for joint research projects focusing on subsea technology.
Events
Wood Group secures five-year INPEX development deal
Wood Group has acquired the operations of all subsea engineering services for the integrity of the INPEX-operated Ichthys LNG Project, offshore Western Australia.
Tata Steel in £2million investment for North Sea and further afield
Tata Steel has emphasised its commitment to the North Sea and the global oil and gas industry by announcing a near £2 million programme of investments.
‘Tentative signs’ of North Sea recovery, but activity levels worryingly low, OGUK economic report says
An uptick in North Sea mergers and acquisitions (M&A) activity in the first half of 2017 was a “tentative sign” that investor confidence is starting to return to the oil and gas sector, a new report said.
Big oil says it still loves North Sea despite asset sales
Europe’s biggest energy companies have a message for the aging U.K. North Sea oil industry: We may be selling assets, but that doesn’t mean we’re heading for the exit.
North Sea can teach other industries a lesson in productivity, Treasury minister says
The exchequer secretary to the UK Treasury said yesterday that the North Sea oil industry had set a great example for other sectors to follow.
Decom tax reforms would create ‘sweet spot’ for industry and Treasury
Reforming the decommissioning tax relief system would create a “sweet spot” for the UK Government and the oil and gas sector, an industry expert has said.
VIDEO: A whistle stop tour of Offshore Europe 2017
Feeling a bit overwhelmed by Offshore Europe? Check out Energy Voice’s timelapse run round the show floor.
VIDEO: Offshore Europe plenary session – BP’s Bob Dudley
Offshore Europe is officially underway - in the presence of oil and gas industry giants.
VIDEO: Offshore Europe plenary session – Shell’s Ben van Beurden’s address
Offshore Europe is officially underway - in the presence of oil and gas industry giants.
Shell’s Ben van Beurden: The North Sea must “earn its right to grow”
The North Sea must "earn its right to grow", Shell's chief executive Ben van Beurden this morning said.
Bob Dudley: BP targeting $12 North Sea costs, never been more active
BP's chief executive is looking to streamline its North Sea costs to $12 a barrel.
Promoted: Smart Oil & Gas – using predictive technologies to increase production
Predictive technology specialists, Operational Excellence (OPEX) Group, are helping upstream operators to increase oil and gas production through the smart application of digital solutions.
Promoted: Denholm MacNamee best placed to clean up
Aberdeenshire-based Denholm MacNamee Limited is the first choice for innovative asset cleaning and decontamination solutions.
Promoted: Preserving the bottom line during M&A activity
It was predicted to be the year of mergers and acquisitions (M&A) (Wood Mackenzie Things to Look for in 2017 report) and so far, 2017 has seen a flurry of activity in the North Sea energy sector.
Jeremy Cresswell: DNV’s oil forecast contrasts sharply with others
“Demand for oil will peak in 2022, driven by expectations for a surge in prominence of light electric vehicles, accounting for 50% of new car sales globally by 2035.”
EY Guest Editor: Getting off the North Sea ‘back burner’
Innovation within oil and gas companies has played an incredibly important role for the industry by driving down operating costs and enabling production within challenging fields in the North Sea. However, due to the most recent challenges that the industry has faced, many innovative projects have been placed on the back burner, and several North Sea operators are either actively undertaking or planning decommissioning activities earlier than previously planned. Many industry leaders are unaware decommissioning activities include innovations that are eligible for funding and other innovation incentives support. Greater awareness of the options available can help maximise economic recovery from the UKCS and deliver the best value for companies during decommissioning.
Sharing data would have been “laughed out of the room” before the fall, claims Baker Hughes GE boss
A boss at one of the world’s biggest oil field service companies has warned business leaders that collaboration is “paramount” to the industry’s survival.
Apollo and OGTC partner to unveil cloud based data management system
Oil and gas service provider, Apollo, has stuck a deal with the Oil and Gas Technology Centre to introduce a data management system which will aid North Sea operators.
Opinion: Oil’s search for simplicity
In the upstream oil and gas industry, standardisation has long been an effective way to make operations safer and more sustainable. Increasingly, the principle of establishing global standards to all aspects of operations – including purchasing – is helping to tackle the universal problems of escalating project costs and expanding schedules.
Aberdeen welcomes Brazilian oil and gas officials
Key players in the Brazilian oil and gas sector met with the Lord Provost of Aberdeen Barney Crockett at the city’s Town House today.
Andy Samuel: “Compelling prize” to be won in UKCS, as OGA looks to unlock a further 4bn barrels
There is still a "considerable and compelling prize" to be won in the North Sea, according to the Oil and Gas Authority (OGA) chief executive.
OGA: Campaign approach to North Sea decom crucial for success
As the North Sea looks to unlock future development potential, Oil and Gas Authority (OGA) chief executive Andy Samuel emphasized the need to hone its decommissioning abilities, helping position the region at the forefront of the emerging and developing sector.
EIC launches O&M database at Offshore Europe 2017
Energy Industries Council reveals EICAssetMap, a business development tool able to pinpoint any energy facility location in the UK.
VIDEO: Offshore Europe plenary session opening remarks
Offshore Europe is officially underway - in the presence of oil and gas industry giants.