Pridden plans to hammer offshore track record
SUBSEA UK will have offshore renewables squarely in its sights at its new Subsea Europe conference in London, to be staged on October 30. This is aside from its main market - offshore oil&gas.
Oil & Gas
Oil&gas suppliers causing concern
RECORD activity levels, scarcity in personnel and resources, coupled with rising costs, have taken their toll on customer satisfaction levels, with some oilfield suppliers taking a hammering while others excel, according to Douglas-Westwood analysts.
Be on guard, Kain warns supply-chain companies
West Africa remains a major security headache for the oil&gas industry, particularly Nigeria, the managing director of AKE warned delegates of a conference in Aberdeen late-September.
Quick wins forecast for Wedgetail
ABERDEEN company Stable Services is predicting early wins to the tune of £2million for a new well reaming tool that has been successfully tested in BP's Clair heavy crude field west of Shetland.
Well intervention to be critical conference issue
Well intervention will be the future of the North Sea long after the last production wells are drilled simply to keep hydrocarbons production going, according to Chris Nussbaum.
Technology facilitator weaving a global co-operation web
The UK North Sea's Industry Technology Facilitator is primed to play a leading role in the generation of new oil&gas sector technologies worldwide by drawing together counterpart organisations from North America, Norway and Brazil at a summit in Aberdeen this week.
Houston – or anyone who can be bothered – we have a problem
Do you ever read BBC economics chap Robert Peston's blog on the BBC website? I do because it provides some interesting insight into how the City is thinking or - as recent events would seem to prove - not thinking.
Pipeline investment crucial to feed Europe’s habit
FRESH pipeline investment is crucial in Europe if gas is to be brought to markets from increasingly remote producing regions, warns the International Energy Agency.
Creating meritocracy no mean task
Taqa - in Arabic, it means energy - burst on to the North Sea stage less that two years ago, and it was only launched in 2005 as a joint-stock company in Abu Dhabi and 51% owned by the government-owned Abu Dhabi Water and Electricity Authority (ADWEA).
Like it or not, EDF is best option
From my decidedly pro-nuclear perspective, I find it difficult to discern any negatives in the news that EDF, the French state electricity company, is taking over British Energy, owner of eight civil nuclear sites around the UK.
It’s a mad, mad, mad, mad world
Jings, what a crazy world - it must be when one of the UK's largest hedge funds, Man Group, goes squealing to the regulator asking for protection from fellow piranhas bent on tearing it to shreds.
But who can regulate the regulators?
As I write this, banks, building societies and other financial institutions are collapsing all around.
It all seemed rosy – but suddenly went to ratchet
A good place to start is back in early summer, when everything in the garden looked rosy. Simmons, as a global firm, had just completed its best year ever (our fiscal year ends in June), with both the corporate finance and securities businesses recording record revenues.
Gas powers ahead as demand surges
The International Energy Agency (IEA) has just published a major new study into global gas markets and paints a picture of rising demand and rising prices, especially in gas-deficient economies such as the European Union.
Double-whammy for StatoilHydro – first Statfjord safety, now Troll
Norway's Petroleum Safety Authority has said that StatoilHydro's Statfjord A production platform had a close call with disaster earlier this year when an oil spill within the utility shaft resulted in build-up of explosive gases within the huge concrete structure.
Four Jumbo heavy-lift sisters to hit market
DUTCH heavy-lift specialist Jumbo reports that the latest addition to the fleet, the 144m Fairplayer, has recently arrived at Huisman, in Holland, to have a pair of 900-tonne cranes fitted.
Confident Nautical waking the Kraken
Nautical Petroleum is confident that the Kraken appraisal well currently drilling on UK North Sea Quadrant 9 will lead to a sizeable heavy crude field development.
Shell to four in North Sea with Curlew start-up
THE fourth new North Sea field to be brought on stream by Shell UK this year has achieved production start-up.
Sibir on track for record year
SIBIR Energy, the UK-listed oil operator which is 100% focused on Russia, said yesterday that in the first half of 2008 it had already achieved 84% of the record financial performance of the whole of 2007.
Fast-growing Aberdeen firm makes another acquisition
Oil service company Senergy Group, of Aberdeen, has unveiled its fourth acquisition of 2008.
Premiership ambitions
Perhaps unsurprisingly for someone who gives so much time and effort to an ambitious football club, Keith Moorhouse peppers a discussion of his other prominent role with numerous sporting analogies.
First Oil continuing to pour cash into North Sea assets
Aberdeen company First Oil, owned by multimillionaire businessman Ian Suttie, now says it is the largest private UK firm producing oil and gas from the North Sea.
TAQA boss outlining investment plans
THE chief executive of TAQA will tell an audience in Aberdeen today that he would like to see the Abu Dhabi National Energy Company soon in a position where it has daily production of 150million barrels of oil equivalent from the North Sea and proven plus probable reserves of some 200million barrels.
ROVision pair glad they took the plunge
ABERDEEN company ROVision has completed its first subsea inspection job for Rowan Drilling at Dundee and has more work in hand for the same company.
Azerbaijan oil output suspended
OIL production has been suspended indefinitely in two fields in Azerbaijan as a result of a gas leak - halving output from a group of offshore deposits in the Caspian Sea.