Smart solutions needed to meet decommissioning challenge
With a decommissioning bill currently estimated at around £50 billion for the UKCS alone, the pressure is on to get the job done for even less – and smarter.
With a decommissioning bill currently estimated at around £50 billion for the UKCS alone, the pressure is on to get the job done for even less – and smarter.
North-east oil and gas doyen Sir Ian Wood says Aberdeen could be the energy capital of the world – but only if political leaders show more commitment to making it happen.
French energy giant Total has said a new tool developed in Aberdeen represents a “significant opportunity” to slash its $14.3bn (£11.6bn) global decommissioning bill.
A fledgling oilfield equipment company has secured funding to help it develop blowout prevention technology which could save operators millions of pounds per well -- and prevent loss of life.
The oil and gas industry’s “unique characteristics” are blocking the adoption of new technology, a new study of psychological factors said.
The Energy Institute’s branch for Aberdeen, Highlands and Islands has appointed its first ever woman chairperson.
The finalists of the 2019 Press & Journal Gold Awards were selected after several hours of debate and discussion by a panel of industry leaders yesterday in Aberdeen.
UK oil chiefs believe their “vision” for the future can play a crucial role in tackling one of the biggest challenges ever faced – the energy transition.
Aberdeen has lost its focus on being the energy capital of Europe, it has been claimed.
A group of Scotland-based economic development enterprises have vowed to play a major role in the energy transition.
A new initiative will save the UK oil and gas industry up to £250 million a year by streamlining the equipment procurement process.
An Aberdeen man who spent nine months in prison after getting mixed up with drug dealers is determined to make his second chance count.
A key player behind the oil and gas sector deal yesterday called for more “urgency” in implementing the proposals.
A new research base with the tools to transform the UK into a global leader in oilfield demolition has opened in a tiny Aberdeenshire village.
2018 saw us celebrating the successful culmination of The Oil & Gas Technology Centre’s (OGTC) inaugural technology accelerator programme, TechX Pioneers.
The downturn in the oil and gas industry has been well documented but the upside – and there is one - has been the incredible amount of work that is taking place in Aberdeen in supporting and nurturing a new generation of tech start ups who have the potential to ensure the UK has a sustainable hydrocarbon industry for years to come.
The oil industry will get an update on its bid for a money-spinning sector deal in “weeks, not months”, the UK’s energy minister said yesterday.
Around 1,400 UKCS wells will have to be abandoned over the next 10 years alone at a cost of £7-8billion of which the UK taxpayer will fund around half, according to Malcolm Banks, wells solution centre manager at the Oil and Gas Technology Centre (OGTC).
Onshore oil and gas production would be a “powerful addition” to Scotland’s “portfolio”, an industry veteran said.
North Sea industry needs more “transparency” on the delivery of a multi-billion pound sector deal before it can make greater strides to secure its future, oil chiefs said.
Uncertainty surrounding Brexit could result in a "missed opportunity" for the North Sea oil and gas industry, MPs have been told.
Two Aberdeen oil service firms have decided to team up after taking a shine to each other at the Oil and Gas Technology Centre (OGTC).
Well construction start-up DeltaTek Global will trial its SeaCure product offshore with two North Sea operators this summer.
A multi-million pound centre tasked with making Aberdeen the focal point for oil and gas decommissioning expertise will be launched later this year.
Digital transformation, or the fourth industrial revolution, is fundamentally changing the way we live, work and interact.