George Osborne: Why UK is giving oil industry long-term support
I was delighted to spend the beginning of this week in Aberdeen, and not only because of the glorious weather.
I was delighted to spend the beginning of this week in Aberdeen, and not only because of the glorious weather.
Exclusive: Safety chiefs are to investigate the seating set-up inside offshore helicopters following last month’s fatal accident off Shetland.
The divers combing the wreckage of the Super Puma helicopter that crashed off Shetland had to work at the edge of their safety zone, with the sea crashing against the rocks around them, to find the aircraft’s black box.
Aberdeen may be synonymous with the oil and gas boom but for many young people the opportunities in the lucrative and ever-changing energy sector can seem as distant as an offshore rig.
An offshore installation has been likened to a multi-storey industrial complex, complete with hotel, restaurants, sports areas, dive bells, heliport, offices and healthcare facilities.
The oil and gas industry often faces challenging political instability in countries where it seeks to be active. Current civil unrest in Egypt raises serious political and humanitarian concerns. Clearly it is also a big commercial challenge, particularly as it concerns a party's ability to fulfil its contractual obligations.
Alex Salmond used last night's gala opening of Offshore Europe to pay tribute to the four people who lost their lives in last month's helicopter crash off Shetland.
Gavin struggled to find employment for nine months before taking part in the Get into Oil and Gas course.
Super Puma passenger flights could resume before the end of the week, operators said last night.
As I flicked through the pages of the event preview brochure for OE2013 a few days ago - armed with my highlighter and deciding which conference sessions and events to attend, what struck me most was the outward and internationally dynamic nature of what is on offer and what is clearly of importance to our industry.
We've spoken before about the raft of different reports in the last 12 months speculating over the Industry's projected skills needs over the next two, three - four years and beyond.
Apologies in advance but I've come over all parochial and am going to discuss Aberdeen itself. I've spent the best part of 40 years either working out of or in the place and have watched it evolve into what it is now.
2013 has seen the global oil and gas industry undergo fundamental change. With rising oil and gas demand, investment is forecast by the International Energy Agency (IEA) to reach some $20trillion between now and 2035.
2013 is set to be the biggest Offshore Europe in history as thousands of delegates from around the globe congregate in Aberdeen, Europe's oil and gas capital, to discuss the future of our industry.
These are challenging times for the oil industry, not least on the UK Continental Shelf (UKCS). The latest official statistics show UK oil production down 11% on last year and gas down 18%.
When Oil & Gas UK published its latest production forecast last month, chief executive Malcolm Webb appealed for the industry not to be used as "a political football" in the constitutional debate, an echo of my own plea in this column in July.
The shocking loss of yet more personnel in a Super-Puma incident in the UK sector once again highlights why so many offshore workers are worried out commuting offshore.
The Piper Alpha disaster on July 6, 1988, which claimed 167 lives is one of those poignant moments that one can recall what they were doing when they first heard the terrible news.
The main body of the crashed Super Puma helicopter arrived at Aberdeen Harbour yesterday.
A survivor of the North Sea helicopter disaster said yesterday that an image of his family flashed before his eyes as he battled to escape from the crashed aircraft.
Although not a significant exporter of oil or gas in global terms, the troubles in Egypt serve to highlight some of the consequences of civil strife on the exploration and exploitation of hydrocarbons.
A union leader last night demanded guarantees from employers that workers who feel unable to fly will not be subjected to pressure.
Investigators say they have still not yet been able to identify the cause of a helicopter crash that killed four people as the search for the flight recorder continues.
Oil workers held a rally in Aberdeen yesterday to campaign for better offshore safety after four people died in a helicopter accident off Shetland on Friday night.
An emergency meeting of key offshore operators will reconvene today to discuss the future of Super Puma aircrafts.