Asco celebrates its 50th
Asco Group has got SPE Offshore Europe work off to a cracking start by announcing a string of new contracts worth a total of £50million in its 50th year.
Asco Group has got SPE Offshore Europe work off to a cracking start by announcing a string of new contracts worth a total of £50million in its 50th year.
A UK Treasury minister has called for North Sea industry to seize the opportunity to become a pioneer in offshore decommissioning.
One of this years Offshore Europe exhibitors, Marks & Clerk asked their Aberdeen managing partner, Andrew Docherty, what he believes Scotland’s energy sector must do to remain significant in the current downturn.
The oil and gas industry should prepare for the "fourth industrial revolution", it was claimed this morning.
Tens of thousands of people have arrived in Aberdeen for a major oil and gas conference, boosting many local businesses.
North Sea industry needs to “face the facts” and accept that it must cut costs even deeper to remain competitive, a senior industry figure has said.
In a throwaway comment, Ben van Beurden found himself front and centre on the national media’s radar.
Accessing funds is no longer the big issue facing the finance departments of the oil majors - it's where to put it that's the big dollar question, according to one expert.
Scotland will be at the forefront of the future of oil and gas, the Exchequer Secretary to the Treasury will claim today as Offshore Europe gets under way in Aberdeen today.
I’m often asked about the role of the OGA, ‘collaboration’, the use of regulatory powers and the impact the authority has made.
Oilfield services company Expro has secured a five-year deal to carry out work on Repsol Sinopec's North Sea assets.
Since the 2014 Wood Review, Maximising Economic Recovery has been the remit of the Oil and Gas Authority. To achieve this, data transparency was a key aim, and in late 2016 the OGA delivered a 'Small Pools' dataset. Here, free data packages were provided for undeveloped resource on the UKCS.
Here we go again ... it’s Offshore Europe again, traditionally a time of traffic mayhem and hospitality greed in the Granite City as hotel and restaurant vultures cash in on gullible delegates.
Decommissioning is not the dark cloud over the UK oil and gas industry it has sometimes been portrayed to be. While it does present significant and inevitable challenges, none of these are insurmountable and if tackled in the right way there is a huge opportunity to drive further value from the UK Continental Shelf (UKCS) whilst also maximising economic recovery provided. However, this will require detailed and co-ordinated decommissioning strategies to be implemented across the industry.
The North Sea economy has seen dramatic change in the last 36 months, from a period of frenzied activity on the back of unprecedented highs in the commodity value of oil followed by frantic measures to cut spend to reflect a falling unit price. This roller coaster ride has now been followed by a period of extended soft recovery where the industry grapples with the lower for longer scenario of present day oil economics.
Stork is showcasing its unique caisson management portfolio at this year’s Offshore Europe, stand 2C100, taking place in Aberdeen, UK.
The Oil and Gas Technology Centre (OGTC) has approved £12million worth of investment since it opened seven months ago.
Attend any industry conference and signs that the wider oil, gas and chemicals industries are starting to embrace digitalisation will soon become apparent. The audience is moving from predominantly information technology (IT) personnel interested in the bits and bytes of data, to that of production engineers or management keen to know exactly and practically how digital can save the day.
Decommissioning will be a special focus at this year’s Offshore Europe for the first time in the show’s history.
The negative effects of the Oil & Gas downturn continue to be evident, but more positively, we are also experiencing the benefits of becoming much more efficient in managing and running all aspects of our businesses.
Like everyone in Aberdeen, and probably the wider industry, I’ve awaited Offshore Europe 2017 with a certain level of trepidation that it will struggle to live up to previous years – particularly given cutbacks by many companies and the fact that many more are no longer in existence.
Lloyds Register has opened a new 100,000 sq foot facility.
Drone specialist Texo has carried out the first ever unmanned aerial survey of an offshore asset using combined technology.
A new voice and data communications system will be debuted by, Cohort owned company, SEA this week at Offshore Europe.
The leading trade body for the UK offshore oil and gas industry has revealed its plans to champion the sector during Offshore Europe, as it launches a new report.