Subsea Expo 2021 called off as Covid disruption continues
Organisers of Subsea Expo said today they had made the “difficult but sensible” decision to call off this year’s event due to the worsening of the Covid-19 pandemic.
Insights
ITF tackles crew change blight with cross-sector declaration
More than 300 corporations and NGOs have signed a pledge to tackle the crew change crisis and improve health protocols.
Remote inspection points the way to better business for oil and gas
While the majority of sectors in the oil and gas industry have been severely impacted by the pandemic creating significant challenges for companies across the world, there are some areas where the current climate has provided opportunities for growth.
Aberdeen charity issues call for donations of offshore thermals
A north-east charity is asking for donations of surplus offshore thermal wear to help its staff and service users keep warm in the depths of winter.
Women must be at the forefront of sustainability
The COVID-19 pandemic has provided significant challenges, but it also presents a wealth of opportunities with regards to sustainability and our global energy footprint. Although the dramatic reduction of CO2 emissions this pandemic has brought about is welcome, there is still a lot of work to be done in changing hearts and minds with regards to sustainability.
Workers removed from Forties Bravo platform due to Covid
Apache has confirmed that a pair of workers have been removed from the Forties Bravo installation due to Covid-19.
Updated: Weatherford to close Aberdeen manufacturing facilities
US oilfield equipment and service firm Weatherford dealt another painful blow to the Aberdeen oil industry yesterday by confirming plans to shut down its manufacturing facilities in the city.
Why rumours that oil is dead are unfounded
Global energy sector leader Jan Egil Brændeland explains the complexities of global energy provision and how oil and gas are far from dead
IEA cuts oil demand forecast as new lockdowns temper recovery
The International Energy Agency lowered forecasts for global oil demand as renewed lockdowns to contain the pandemic temper the recovery expected this year.
Green power to the people
After a truly challenging 2020, hopefully 2021 will offer something to look forward to.
Big businesses told to slash payment times to small suppliers
Big businesses have been told to pay small suppliers within 30 days as the Government strengthened the Prompt Payment Code.
Collaboration: the time to act is now
In January 2021, OGUK and Deloitte will launch the latest edition of the UKCS upstream supply chain collaboration review and index. The index is developed from supply chain and operator company feedback and provides an understanding of how effectively industry is working together in what continues to be challenging times for us all.
Restructuring options for oil companies in 2021 – Mayer Brown
Whether dealing with failure of a major project, reacting to crises at counterparties or weighed down by oil price weakness, many companies in the oil sector will have to undertake financial restructuring in 2021.
Signs of markets stabilising despite ongoing pandemic, Wood bosses say
Engineering and consultancy giant Wood said today that its revenues fell by more than a fifth in 2020 due to challenging trading conditions.
Oil industry engagement in offshore wind more informed and ambitious than ever before
Disruption can bring opportunities, and those businesses which have a mindset of accepting opportunities thrown up from the unwelcome disruption caused by Covid-19 will survive and thrive, while new businesses will emerge to capitalise on these opportunities.
Sieminski tips record demand growth for 2021
Oil demand will grow at “a little over 4 million barrels per day” in 2021, King Abdullah Petroleum Studies and Research Centre (KAPSARC) president Adam Sieminski has predicted.
2020: an implausible year – but lessons for the future
The Nigerian author Chimamanda Ngozi Adichie once spoke of being told by a writing tutor that a plot she had written of a middle-class African family was inauthentic. She was met with disbelief when she revealed the story was autobiographical.
Offshore oil production far from being government’s biggest net-zero obstacle
As reported by Energy Voice on Monday 11th Jan, Kwasi Kwarteng (Minister of State for Energy) in a Westminster Energy Forum interview stated:
Environmental watchdog suspends routine offshore inspections
The environmental watchdog for the UK offshore oil and gas industry has temporarily paused routine offshore inspections due to the worsening of the Covid-19 situation.
Dubai added to Scotland’s Covid travel quarantine list
Dubai has been added to Scotland's travel quarantine list with travellers returning from the country told to self-isolate for 10 days.
LNG Canada plans return after COVID-19 outbreak
Staffing levels are increasing at LNG Canada following a COVID-19 outbreak in November and December.
Technology’s key role in driving transition
Technology never stands still. In the almost 40 years that we’ve been extracting oil and gas from the North Sea, technology has constantly evolved to solve increasingly complex challenges.
Is the H-penny finally dropping in Scotland?
Given the appalling mess called Brexit and the Covid-19 crisis that beset all of us, it is quite a surprise that the Scottish Government actually found the resource to cobble together and publish just before Christmas an outline of its £100 million over five years hydrogen industry stimulus dream.
Living with a pandemic: Tips for companies with offshore and remote locations
As cases of COVID-19 surge, companies with essential workers and operations are starting to realise that living - or working - with a pandemic is now the reality. As such, there are several fundamental practices companies must embrace in order to manage a workforce’s health and safety during a pandemic and beyond.
Hydrogen ambition welcome, but let’s not claim world leadership in advance
Hydrogen is the new Holy Grail. The UK Government’s Energy White Paper gives it 175 references, three times the number for offshore wind and 10 times more than new nuclear.