Living and working alongside Covid
I’m writing this sitting on a flight to Saudi Arabia after more than two years of no business travel thanks to Covid-19.
OTC
Baker Hughes launches new subsea wellhead technology to help slash well costs
Baker Hughes has launched a new subsea wellhead technology, the MS-2 Annulus Seal, aimed at reducing the number of rig trips needed for well installations – and saving up to half a million dollars per rig.
Balmoral flies flag for offshore wind at OTC
Aberdeen’s Balmoral Group has returned to Houston’s Offshore Technology Conference (OTC) following an enforced two-year hiatus caused by the global pandemic.
Back to reality: OTC returns with transition-focused event
Back in its traditional early May fixture after two topsy-turvy years, Houston’s Offshore Technology Conference (OTC) is making up for lost time.
OTC: World’s largest oil conference navigates Covid for 2021 return
Navigating Covid restrictions, dodging other energy calendar fixtures and even working around the Houston Texans football team has allowed OTC in Houston to finally get underway this month.
Balmoral renewables ‘evolution’ brings Europe and Far East export targets
New export markets in renewables are on the cards for Balmoral Group, typically known for its oil and gas buoyancy tech, as its product offering “evolves”.
OTC postponed until third quarter
The annual Offshore Technology Conference (OTC) in the US has become the latest business event casualty of the Covid-19 pandemic.
Delegates leave OTC with a smile
For dozens of north-east delegates attending this year’s Offshore Technology Conference (OTC) in Houston, the trip was the place to tout for international business and make invaluable contacts.
XL Group expects to deliver leap in its revenue
An Aberdeen-headquartered technology and engineering group is on course to deliver a major jump in revenues this year.
Boost to Ace Winches from £10m Balmoral cash injection
A north-east firm that was badly hit by the oil and gas downturn is flourishing four years on thanks to a £10 million investment from the Balmoral Group.
Never bet against Liverpool … or the North Sea, OGA chief says
The UK North Sea has a lot in common with Liverpool Football Club, an industry leader said today.
Supply chain mergers likely as ‘conveyor belt’ starts moving, BGF boss says
Smaller oil and gas technology companies are on a metaphorical conveyor belt, an investment expert said yesterday.
Video: North Sea acquisitions market to stay ‘hot’, experts say at EV event
The North Sea will be a hotbed of merger and acquisition (M&A) activity if the oil price holds up, the audience heard at a bumper breakfast event in Houston today.
ASCO: Critical components of internationalisation
It’s OTC week and as such, many of you reading this will have international business development on your minds.
US energy powers ahead
As the global industry assembles in Houston for the Offshore Technology Conference, it will be in the midst of a quiet American revolution.
Huge scale of US shale
Moss Creek Resources recently set a new record for drilling a well in the Permian Basin, the onshore resource that has dramatically transformed the fortunes of the US oil and gas industry.
Ashtead invests £1.5m on new Houston base
Aberdeenshire-headquartered subsea service firm Ashtead Technology has invested £1.5 million in a new base in Houston as part of its international expansion drive.
Scottish oilfield service sector diversification ‘here to stay’
The Scottish oil and gas supply chain’s diversification into other markets is “only going to continue” as the energy transition gathers momentum, a business leader has said.
AAB reaping rewards of strong Houston links
Houston operations are making an ever greater contribution to the fortunes of an Aberdeen-headquartered accountancy firm.
Aberdeenshire man unveils his latest Texas venture
A Texas businessman who hails from the north-east of Scotland has celebrated the expansion of his business incubator venture in Houston.
A culture of technology critical to North Sea and Gulf of Mexico
It is a widely held view that the implementation of innovative new technologies will be critical to the future sustainability of mature offshore basins such as the North Sea and the US Gulf of Mexico as they compete for investment alongside other more cost competitive regions and energy sources.
Sector facing challenges but now has some belief
It may have been billed as the big 50th anniversary last year but in all honesty the Offshore Technology Conference was celebrating a little early.
Houston the place to be as confidence returns
It was nicknamed Space City and has developed a reputation the globe round for being the home of Nasa.
Debut delegates need to learn the ropes
Oil and gas technology law specialist and head of corporate for Pinsent Masons in Aberdeen, Martin Ewan, could be described as a veteran of OTC in Houston.
From adversity, good things can come, Worley chief says
Efficiency gains made by the oil and gas industry since the start of the downturn show that “from adversity, good things can come”, an energy sector chief said.