In case you missed them, Energy Voice’s Friday Five
Each week Energy Voice pulls together the Friday Five. Click below to see the site’s most read and engaged with copy of the week.
Each week Energy Voice pulls together the Friday Five. Click below to see the site’s most read and engaged with copy of the week.
Rebecca Wain, a 24-year-old geologist with Statoil in Aberdeen joined the Energy Voice panel ahead of Offshore Europe next week. The rising star spoke eloquently about the challenges faced by her peers in finding employment during the downturn in the industry. Wain gave her thoughts on the panel discussion speaking to Energy Voice after the research from Energy 2050 - Securing Our Future was discussed to a sold-out crowd of more than 300 people.
There is no 'magic wand' for the industry.
Energy Voice sat down with three young SPE Aberdeen (Society of Petroleum Engineers) graduates and interns working within the oil and gas industry. The interviewees,Ross Taylor and Lalit Bhamare ,spoke ahead of Energy Voice's groundbreaking event on Wednesday, September 2 at the Tivoli in Aberdeen. They answered a range of questions about how to inspire the next generation of industry leaders.
Each week Energy Voice pulls together the Friday Five. Click below to see the site’s most read and engaged with copy of the week.
Energy Voice is pleased to announce that tickets for the Energy Ball, Aberdeen's premier oil and gas get-together, are now being made available with a 10% discount.
The final tranche of Energy Voice’s research is set to come to an end as the last survey closes today.
Energy Voice has launched an event aimed at ensuring the next generation of industry innovators don’t get lost in translation amid a market downturn. One of the first ports of call should be looking at what companies are spending and where they’re spending it during a crunch. The last economic recession in 2009 led to the slashing of budgets allocated for workplace training within companies. A survey undertaken at the time found that in the private and public sector, 33% and 34% of respondents reported reduced training funding.
Oil and gas companies will need to find a way to harness skills learnt in the last 50 years in order to benefit the future workforce, according to a leading HR expert. Kate Butterworth, global HR leader for multinational businesses Hydratight & Viking Sea Tech, said focus needs to be placed on mentoring those moving into the sector. The words of advice come after Energy Voice unveiled the final tranche of its research project which will focus on the next generation and the future of the North Sea.
Each week Energy Voice pulls together the Friday Five. Click below to see the site’s most read and engaged with copy of the week.
Take a look at the facts and figures behind BP's bumper $1billion investment in one of its North Sea assets. The oil major has announced the cash injection could add up to 15 years to the project. The money – £670million – will be funnelled into its Eastern Trough Area Project (Etap), securing its future through to 2030.
I’ve received many questions following recent articles on how to manage during difficult times. Readers are asking what specific things they could do, or I have done, or we are planning to turn the generic advice into practical measures. Well, I suppose it all depends. My business situation will be different from everyone else’s, so my decisions may or may not be relevant to others, but I am happy to share some of the tactical options we took to make our business less vulnerable during the current downturn in our industry.
More than 90% of readers who took part in an exclusive Energy Voice poll believe Chancellor George Osborne still has more to do in supporting the North Sea oil and gas industry. When asked the question ‘Did the Chancellor do enough to support the North Sea this Budget’ only 6% of voters agreed he had. However 93% of participants echoed sentiment from the sector that the Chancellor could have gone further.
Each week Energy Voice pulls together the Friday Five. Click below to see the site’s most read and engaged with copy of the week.
Many of us are old enough to remember buying vinyl albums. After you bought a new one, you would study every detail of the cover, and, then, you would play it repeatedly until you knew every track. Not only that, you knew the order of the tracks. I find good music inspirational. Some of you will already know that I write a weekly message on Core Values to my employees, and I always use a musical reference as a hook. So today, I want to share my playlist for leading in difficult times.
The Baker Hughes rig count showed promise as it was revealed the figures have risen slightly overall from the previous month. The rig estimate, which has been in force for more than 50 years, is used to show the count overall worldwide, as well as internationally and in the US and Canada.
We've all read plenty of stories predicting the future of the oil industry, with endless questions like: What will the oil price be in six months? Will we receive a tax cut as an industry in the imminent budget announcement? When Will OPEC reduce production to reduce the surplus supply of oil and gas? So it may seem strange timing to talk about recruitment and investing in the future with universal cuts - but this is key to securing the industry for generations to come. The most frustrating factor of these unanswered questions is that we have very little control over the outcomes. For many, it is a tough and trying time as leaders have very little choice but to say farewell to long-serving staff in order to reduce their cost base. Having witnessed a dip in the industry before, one thing that always astounds me is how the cycles of recession and talent wars continue.