Subsea2017 round up – Hope emerges from depth of oil price abyss
Subsea companies showed significant signs of recovery after emerging from the depths of the two year oil price crisis to showcase at Europe’s largest underwater services event.
Events
Opinion: Knowledge sharing key to getting decom transition right
Late life asset management through to decommissioning isn’t an industry awash with precedents and case studies, so what’s the key to getting it right?
Subsea2017: Oil and gas is still a men’s club, women needed to re-balance the industry
The UK oil and gas industry is still dominated by men and more needs to be done to help young women redress the imbalance, it has been claimed.
Subsea 2017: Rocksalt – Friends launch firm from the ashes of Harkand
"It came from a good idea in a room one night."
Subsea 2017: Let’s make government funding go far, Cohen says
A North Sea oil technology boss yesterday challenged industry to make best use of government funding for research and development.
Subsea 2017: Stars shine at annual awards bash in Aberdeen
Hydro Group, of Aberdeen, and Ian Donald, managing director at Westhill-based Enpro Subsea, were hailed as stars of the UK subsea sector at an awards ceremony in the north-east last night.
Business chiefs outline why being at OTC is a no-brainer
The chairman and managing director of Aberdeen-based Balmoral Group, Jim Milne, is an enthusiastic veteran of the annual pilgrimage to OTC.
Subsea 2017: Energy service firm Subsea 7 could have saved £130k on documentation
Energy service firm Subsea 7 has calculated that it could have saved more than £130,000 on a project if it had cut back on documentation.
Munro’s bookings are up for the 2017 trip to OTC in Houston
Growing confidence within the Scottish oil and gas industry is driving up bookings for a trip across the Atlantic to the Offshore Technology Conference (OTC) 2017.
Opinion: Brexit to decommissioning – UK’s oil and gas future
Following Brexit and the continued stagnation of the oil and gas price, 2016 will long be remembered for all the wrong reasons. However, despite the rather gloomy past, 2017 is shaping up to be a far better year for the industry. With advancements in technology and testing, 2017 is set to see new, green shoots of growth return to the sector.
Subsea 2017: New oil technology centre getting a headstart on projects
The Oil and Gas Technology Centre (OGTC) already has several projects in the offing, even though it does not officially open until next week, one of its managers said today.
Subsea2017: Aberdeen consultancy wins five year contract with North Sea operator
An Aberdeen-based subsea consultancy has secured a five-year contract with an established North Sea operator.
Subsea2017: iPad generation lead the way for new tech
The iPad generation are leading the way to a safer and more cost effective oil and gas industry, it has been claimed.
Subsea 2017: Get scary to tap North Sea small pools, Tholen says
Industry needs to get “bolder and scarier” if it is to unlock the potential of the North Sea’s marginal fields, an industry chief has said.
Subsea 2017: Youngsters have lost faith in oil industry, Subsea 7 boss warns
A North Sea boss said yesterday that he was worried younger generations had lost faith in the energy industry.
Subsea2017: UK sector expects overseas boost
British subsea companies are expecting a big boost in overseas activity over the next year, according to a survey conducted by the leading industry body.
Subsea 2017: Industry needs to ‘get on’ with developing marginal fields
The North Sea oil and gas industry needs to work out how to tap marginal fields before decommissioning gets into full swing, two industry chiefs warned.
Promoted: Engineering firm’s investment increases rental fleet pumping capabilities
Hiretech Limited has taken a positive approach to the recent turbulent oil and gas industry conditions, using the opportunities presented to significantly strengthen its position in the offshore pumping rental markets.
Eric Marston: Huge prize at stake in southern North Sea
Since first gas flowed from the Southern North Sea (SNS) in the mid-1960s, the basin has developed and delivered strong gas production through a diverse network of offshore platforms, pipelines and onshore terminals. It has been well exploited and inevitably, the opportunity to identify and develop large “landmark” discoveries is increasingly limited.
Subsea 2017: Oil service community decimated by downturn, Andrew Reid says
North Sea industry may find that it is ill-equipped to capitalise on rising oil prices following two years of stripping out costs.
Subsea 2017: Apache boss says ‘Joe Public’ not sold on clean seabed decommissioning
A North Sea chief said today that UK taxpayers would side with industry ahead of green groups on the subject of decommissioning.
Subsea2017: Scots American merger nets North Africa contract
A newly merged trans-Atlantic subsea partnership between two companies has secured a contract in North Africa - a region which neither firm had operated in previously.
Subsea2017: Aberdeen’s M2 Subsea creates 30 jobs – with 150 in the pipeline
A new subsea business has opened an office in Aberdeen with the creation of 30 jobs - and another 150 posts in the pipeline by the end of 2017.
Subsea 2017: Ignore North Sea doom-mongers, JDR boss says
Doom-mongers who warned of the North Sea’s demise got their predictions all wrong, an industry boss has said.
Subsea 2017: Ashtead Technology aim to sink subsea costs with new group
Ashtead Technology is launching a new service to increase efficiency and drive down the risk and cost associated with offshore operations.