It seems as if Coronavirus is the only topic of conversation just now, particularly when it comes to our health. However, other illnesses and diseases have not gone away and it is important that you seek medical advice if you are unwell.
Five pounds for the seven course books a student needs does not seem an unreasonable price, does it?
A consortium involving a north-east engineering and technology group is in talks with airport owners across the UK about installing screening stations for coronavirus testing.
While many sectors have recently rediscovered the importance of resilience, it’s always been in the energy industry’s DNA. From hostile physical environments to volatile prices, the sector keeps the lights on for millions of households, whatever the circumstances. So, despite seized-up supply chains and plunging energy prices, the industry has largely endured and overcome the current challenges presented by the Covid-19 pandemic.
Cost effective competency management has always been important and in the current climate as we adjust to the challenge of Covid-19 and its implications, it is even more critical.
Travel restrictions resulting from the pandemic have presented significant challenges for oilfield service companies such as Tenaris.
There is little doubt the first quarter of 2020 will go down in investment history as a “notable” period that investors will remember – alongside others such as 1987’s Black Monday, when US markets fell by more than 20% in one day and the global financial crisis of 2008-9.
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Shell’s CEO Ben van Beurden recently said the energy industry faces “a crisis of uncertainty.” There is no doubt events this year have created challenging conditions for companies across the energy sector. It’s times like these that people rely more than ever on excellent news coverage and seek thought leadership from sources they can trust to steer them through that uncertainty.
It’s extraordinary to think that when we should have been gearing up for the main global oil and gas event of the year, instead we are mostly staying indoors for the foreseeable future. This doesn’t mean however that we down tools.
In these difficult times, it is challenging to manage day-to-day business as well as thinking to the future. Clearly, we have seen rapid and significant changes to business operations and Aberdeen Renewable Energy Group (Areg) members and others are under greater pressure than ever to deliver results.
Having assisted clients during previous health challenges such as Ebola, Zika virus, SARS, avian flu and the H1N1 2009 influenza pandemic, global healthcare provider Iqarus has approached Covid-19 using its wide-ranging medical expertise and experience to support its clients with additional services and expert solutions.
In the 12-month period from January to December 2019 the Office for National Statistics reports that an estimated 1.7million people worked mainly from home, a mere 5% of the workforce.
At a point when much of the world is coming to terms with how to work from home, Samsung’s MagicINFO Remote Management Solution offers an ideal means to reduce site visits and service calls.
Despite the uncertainties raging around us, as an industry and as individuals we have adapted quickly to the challenges of lockdown. The return to normal may prove a longer, challenging but potentially rewarding path, believes Jon Clark, EY EMEIA Oil & Gas strategy and transactions leader.
While the immediate priority is survival, senior management of exploration and production (E&P) companies will also be looking to the future, seeking ways to access the capital required to bring undeveloped oil and gas discoveries into production and lower carbon dioxide emissions.
Phrases like ‘global pandemic’ and ‘negative oil price’ don’t tend to embolden investors. They would normally send them running for cover with their chequebooks safely tucked away for sunnier days.
We are all getting used to the challenges of the lockdown. As it becomes clear that this situation is going to continue for some time, we need to consider the legal implications of the stress caused to businesses by the double blows of Covid-19 and the oil price fall.
After weathering the storm that was the price collapse of 2014, the oil industry has again been hit in recent months by two new blows almost simultaneously: oversupply (caused by the failure of negotiations between Saudi Arabia and Russia to agree on production cuts and the aggressive response of the former); and a demand shock (reflecting the economic impact of the Covid-19 lockdown).
We are proud to be a part of an industry that has evolved considerably over the last 90 years, delivering real economic growth to the UK and worldwide economies whilst making an undeniably positive impact on the environment. As technology has evolved our knowledge, expertise and work ethic continues to play a vital role in the success of metal recycling.
Anderson Anderson & Brown Corporate Finance is delighted to share with you our quarterly Deals+ update for Q1 2020 in conjunction with Energy Voice, highlighting selected oil and gas mergers and acquisitions and fundraising transactions across the UK.
With Covid-19 causing significant cashflow issues for most companies trading in the UK, we recommend you carefully consider whether you are undertaking research and development (R&D) work. If you are, it means you can boost your cashflow by making a claim for R&D tax relief.
2020 arrived with a much-needed feeling of optimism and positivity throughout the industry. The long anticipated, planned Forties Pipeline Shutdown (FPS) presented the optimum opportunity for many Operators to align their summer shutdown campaigns and engineering project scopes to coincide.
International oil and gas companies operating in the Gulf are well-versed in dealing with fluctuating oil prices.