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Events

Events

Offshore Europe: Prof Brian Cox says recruitment is about “information as well as inspiration”

Professor Brian Cox told a packed audience at Offshore Europe's opening plenary session the key to inspiring the next generation was as much about "information as well as inspiration". The physicist spoke to an audience with standing room only about the challenges all industries face in encouraging young people to enter them. The Professor of particle physics said although there was less of a challenge than previously, future industry leaders would need to see a path to success in order to inspire them into the sector.

Events

Stay as a ‘one-trick’ pony and risk starvation

There is no doubt that the UK-based offshore oil & gas supply chain is making heavy weather of the current downturn; not just in its domestic market but overseas too. The North Sea has been hit hard and, one year in, there are no signs of pressure easing; rather it has intensified in recent weeks. There is a consensus developing that points towards a prolonged slump and that, to stay in business, the supply chain in Britain will have to go back to basics, get fit and learn to succeed in a very different oil price environment of little over a year ago. Diversification has to become core business . . . not just as a diversion to get out of a tight corner as has so often been the case over the 40 years since first UKCS commercial oil production started; a bit earlier in the case of gas.

Events

Jeremy Cresswell: Inspiring the next generation

This has to be among the most challenging, nay, difficult core themes ever tackled in the 42 years history of Offshore Europe. But when the decision was taken some 15 months ago to headline 2015’s Offshore Europe with How to Inspire the Next Generation, oil was trading north of $100 per barrel. As I pen this a barrel of Brent is trading below $50.

Events

Offshore Europe 2015: Oil price crash ‘shock treatment’ will lead to stronger North Sea

The crash in the price of crude will deliver  a"shock treatment" that will eventually lead to a stronger North Sea industry, according to an Aberdeen executive search director. Michael Diamond said that there is long-term potential for many new jobs being created in areas such as decommissioning, but there is no benefit in looking at the current health of the sector through rose-tinted glasses.

Events

Offshore Europe 2015: Oil show visitors have to face ‘new normal’

As the low price of oil rocks confidence in the North Sea, the importance of Aberdeen’s biennial offshore trade show has taken central stage. The Society of Petroleum Engineers (SPE) flagship conference, Offshore Europe, kicks off tomorrowtues. The four day event has been a north-east fixture, starting in 1973 with the advent of oil coming ashore to the event in 2013 which attracted a record-breaking 63,000 attendees. Hari Vamadevan, the regional manager, UK & Southern Africa for risk management firm DNV GL said companies and individuals attending this year’s show faced adjusting to what he called the “new normal” of lower oil and gas prices.

Events

#OG2050: We must stay positive, see the potential and perservere

Rebecca Wain, a 24-year-old geologist with Statoil in Aberdeen joined the Energy Voice panel ahead of Offshore Europe next week. The rising star spoke eloquently about the challenges faced by her peers in finding employment during the downturn in the industry. Wain gave her thoughts on the panel discussion speaking to Energy Voice after the research from Energy 2050 - Securing Our Future was discussed to a sold-out crowd of more than 300 people.

Events

#OG2050: OGA doesn’t hold all the answers to industry challenges

A managing partner at EY in Aberdeen said in order to “radically" improve the cost base in the UKCS there would need to be a behaviour change within the oil and gas industry. Speaking after the event, Derek Leith said he had been surprised by findings from Energy Voice’s research which showed a ‘negative’ view of the industry. Leith was joined by a panel including Sir Ian Wood, Andrew Reid, chief executive of Douglas-Westwood, Rebecca Wain, a 24-year-old graduate geologist and Michael Engell-Jensen, co-chairman of Offshore Europe at the Energy Voice – Securing Our Future event at the Tivoli in Aberdeen.

Events

#OG2050: Sir Ian Wood says industry ready to persevere

Sir Ian Wood said there had been a step change in focus by the North Sea oil and gas industry in how to persevere through the current downturn. Speaking to Energy Voice following its Energy 2050 – Securing Our Future event at the Tivoli in Aberdeen he said it was clear the industry was “now prepared to give proper though about how it solves its problems”. He was one of a panel of experts who discussed the findings of a survey of 450 sector leaders, which was commissioned by Energy Voice.