Integrated energy approach needed to tackle challenges ahead
The world’s eyes will be on Scotland in November when global leaders are set to meet in Glasgow for the COP26 summit, a year later than originally planned.
Promoted
Contract wins and senior hire boost outlook for Muehlhan
Muehlhan Group’s UK business is looking forward to a bright future after clinching two major contracts and making a senior appointment in Aberdeen.
Changing the face of corrosion and inspection management
Specialist firm Surface Corrosion Consultants is leading the way in web-based technology for the management of corrosion.
Looking ahead to a healthier 2021
It’s hard to think that this time last year, at the very start of 2020, we had little idea what was to come and could never have imagined how much our lives would be turned upside down.
Energy Voice’s essential Guyana Playbook is now available
Guyana is the world’s most exciting frontier oil and gas exploration area. There’s a lot of oil, it’s good quality and it’s relatively cheap to produce. It has attracted a host of major players, including Hess, CNOOC, Total, Repsol, Qatar Petroleum, Tullow and, above all, ExxonMobil.
88E Preparing for Maiden Drilling of 1.6 Billion Barrel North Slope Project
88 Energy Ltd (ASX 88E; LON 88E) this week executed its drilling contract to drill the Merlin-1 and Harrier-1 wells for Project Peregrine on the North Slope of Alaska.
Could hydrogen-powered breakfasts soon become a reality?
With talk of hydrogen-powered breakfasts as well as trains, ships and planes – have we reached a tipping point where this could become a reality?
How to protect against the long-term effects of Covid-19
With news of a vaccination providing a glimmer of hope to the world, it is believed that we could be nearing a turning point for the pandemic that has gripped the globe.
Powering up or fizzling out? Weighing up change in the energy sector
As one of the most unusual years in all of our lives draws towards a close, we have been asked to share a few reflections on the effects felt in the energy sector.
Reasons to be optimistic about the next stage in the energy transition in Scotland
The recent publication of the timetable for the Scotwind leasing round that will start the next stage in the development of offshore wind in Scotland, shortly followed by the UK Prime Minister’s 10 Point Plan, has focused minds on what a green recovery really means for the communities and businesses north of the border.
‘People craving getting back to the office’
For much of this year, the backbone of conversation has been about working from home, when offices might reopen and what changes there will be.
2021 could be year for hope
With the confirmation of President-Elect Biden now certain, three credible vaccines against the coronavirus pandemic entering final stages of approval, and governments around the world seeking to spur a green economic recovery, we bring 2020 to a close with a great deal more certainty and hope for 2021 than we might have thought possible only a few months, if not weeks, ago.
Cases of efficient asset management at AUTOMA 2021
Oil companies, EPCs, refineries, pipeline operators and drilling contractors will join the AUTOMA Congress next April to discuss the asset management approaches in Upstream, Midstream and Downstream markets.
Managing decommissioning risk in M&A transactions
With $14 billion of commitments before 2024, according to Rystad, decommissioning costs have long been a risk to and blocker in transactions, especially portfolio and corporate deals. The sector has moved a long way since early stage bilateral decommissioning agreements as sellers sought to navigate Section 29 of the Energy Act 2008 and other commercial risks in pursuit of the “clean break”.
Extracting value from your assets through refinance
At a time when many lenders are closing their doors to new customers, Close Brothers Asset Finance continues to provide vital financial support to SME business owners in the oil and gas sector.
Achilles: Cutting costs for oil and gas suppliers
Without a doubt, it’s been a hard year for the oil and gas industry. We have seen the first ever negative oil price, when on April 20, WTI plummeted to -$37 per barrel. At one point, the North Sea’s workforce fell by 40%, with more than 4,000 crew stood down due to the impact of Covid-19.
Reviewing your lending options – an essential New Year’s resolution
As we come to the end of a torrid year, business leaders in the north-east’s oil and gas industry breathed a collective sigh of relief on news that coronavirus vaccines look imminent. Oil prices rose around 8% globally following news that three Covid-19 vaccines both showed high efficacy and will be available next year.
2020, where to begin?
I wouldn’t expect many to challenge the view that the energy sector encountered a “perfect storm” in 2020 with the Covid-19 pandemic causing global upheaval, financial markets’ nervousness and geo-political challenges.
Trials, milestones, and innovation – looking to the future
Perhaps more than any year in living memory, it is hard not to reflect on 2020 and wish for its speedy passing - to look forward to 2021 and the hope on the horizon.
Step Change in Safety quarterly themes for 2021
Twelve months ago, we were looking ahead with a sense of optimism to a new year and a new decade, and all that they bring. We could not envisage then what the first year of the twenties would deliver.
Engineers find life after oil through McKnight
Take it from someone who has spent 20 years in oil and gas, “pretty much nobody has thought about it or done anything about it” when it comes to long-term financial planning.
Ten steps to a greener future?
Boris Johnson's Ten Point Plan for a Green Industrial Revolution sets out how the UK looks to "build back better" from the impact of coronavirus by creating green jobs and accelerating the transition to net zero emissions by 2050.
ETIDEX: O’Neill calls to get serious on hydrogen
UK Prime Minister Boris Johnson’s 10-point plan put hydrogen at number two on the list, but panellists at session four of Energy Voice’s ETIDEX event wanted more clarity.
Kick start energy transition projects now to save jobs and hit net-zero targets
Achieving net-zero carbon emissions by 2050 is an ambitious and deliverable goal, but on current trajectory it is unlikely to be realised without rapid acceleration of key energy transition projects.
Assured decommissioning for a green recovery
Reused and repurposed products and materials are concepts associated with a circular economy, and a circular economy is associated with the green recovery of our nation following the challenging events of this year. If we, as a nation and as an industry, are to meet our carbon emission reduction targets in the coming years, then we must act now.