Three crew members are missing following a well blowout and fire at an oil production platform in the Bohai Sea in northeastern China earlier this week that stopped operations at one of the country’s largest oil fields.
Today’s energy sector is a very different one from that of a few years ago. Despite this being traditionally the summer shut-down time and a quieter period, Blaze is still busy delivering the final commissioning and hook-up on two of the largest offshore wind projects in Europe.
2018 has so far brought an increase in activity across the oil and gas markets. Brent crude is trading at a three-year high, with more rig movements and drilling activity as a result. This is looking very positive and our focus for 2018 is to reduce the environmental impact of regular testing and maintenance activities on assets.
We’ve all but seen the back of 2017 and what a difference a year makes! Those of us that were able to diversify have survived the especially tough last couple of years and are now reaping the benefits as we take our services to the wider markets. And dare I say it, we might even be seeing what can only be described as an upturn in oil and gas too.
Rebalancing the oil & gas market has brought sharply into focus the role of subject matter experts and small-to-medium enterprises (SMEs) as problem solvers via indirect and creative approaches, typically through viewing problems in a new and unusual light to deliver innovation.