By Ian Phillips, chief executive of the Oil and Gas Innovation Centre
Global energy demand has been rising inexorably for well over 30 years – from around 8 billion tonnes of oil equivalent in the early 1990s to nearly 14 billion tonnes of oil equivalent today. The rate of increase was 2-3% per annum until 2000 but accelerated to nearer 5% per annum since then as large populations in China and India got wealthier.
A former North Sea oil worker has unveiled a new soul-saving survival suit prototype designed to give offshore accident victims an increased chance of survival.
Scotland’s top oil and gas research and development organisations are to travel to China next month as part of a knowledge share designed to fortify ties and increase business.
A University of Aberdeen graduate who has turned his PhD into a business idea has been awarded a prestigious Enterprise Fellowship by the Royal Society of Edinburgh.