For several years, the aerospace, automotive and other engineering sectors have used concurrent engineering – a mixture of design, analysis, modelling and simulation working together - to provide a product or solution in the most efficient manner. There is now the opportunity to apply similar techniques within the energy sector.
As the oil and gas industry doubles down on operational efficiency efforts in response to the ongoing challenges surrounding the global pandemic and low oil price, a leading asset integrity and maintenance consultancy is urging companies to focus on activity that will maximise the potential for savings without increasing risk or compromising safety.
Gabriel Podskubka, Tenaris Eastern Hemisphere President, speaks exclusively to Energy Voice about the company’s response to the Covid-19 outbreak, the lessons learned, and its ambitions for the future.
This year will be remembered for many complex challenges and changes. It may also be the year that many business leaders truly discovered what leadership is all about.
There are as many opinions of good leadership as there are management books and business schools. For me, the important priorities are being honest, transparent and authentic, having a clear vision of your goal, a clear strategy to reach that goal, and the empathy, energy, commitment and confidence to inspire your team to work collaboratively towards it. It is also important to innovate, to do things differently, to find new ways, to be agile and to be supportive. Communication of all of this is key.
People questioning the oil and gas industry’s sustainability is not a new phenomenon. Far from it. For years oil companies, governments, investors and other stakeholders have questioned the sustainability of the industry and the need to address environmental, social and governance issues (ESG).
Over the past few months the team at Katoni have proudly stepped forward as pioneers (or should that be Guinea pigs) in Energy Voice’s new Xpertise Series.
In this month's issue of Petroleum Review, the Energy Institute (EI) examines the transition towards net zero through the eyes of energy professionals, with a particular focus on the oil and gas sector.
Anderson Anderson and Brown Corporate Finance is delighted to share with you our quarterly Deals+ update for Q2 2020 in conjunction with Energy Voice, highlighting selected oil and gas mergers and acquisitions and fundraising transactions across the UK
The first half of 2020 has brought a very real and tangible meaning to some of the newest industry buzz words; “unprecedented”, “disruptive”, “challenging”.
The energy industry is in the midst of a deep and wide-ranging digital transformation. While Covid-19 and lower oil and gas prices have disrupted many investment programmes, the direction of travel is clear – the industry needs to continue to invest in innovation and the development and deployment of new processes and technologies. Not to do so risks being left behind.
By Dr Louise Slaney, Medical Director at International SOS
If Covid-19 has taught the world anything, it is that the power of digital technology to save time and money and improve our lives was not being used to its full advantage.
Most companies struggle when it comes to managing risk. This is because they tend to make it more complicated than it needs to be and this leads to people in the company becoming confused, disinterested and ultimately making the whole process harder. Risk management doesn’t need to be a complex process, in fact, it’s most successful when it’s kept simple.
Semco Maritime Ltd have been awarded a yard stay project with Altera Infrastructure for their FPSO asset Voyageur Spirit to be moored at the West coast of Scotland port facility.
When a line is drawn connecting dots, the outline of a bigger picture becomes clear. This is the premise of ENGAGE, a game-changing and intuitive asset integrity platform that supports integrity needs across the full asset life cycle. Brought to market by CAN Group, ENGAGE connects the dots between asset data and integrity, streamlining engineering and inspection processes and driving efficiencies.
By Paul Slorach, business development director at EC-OG
Batteries for subsea use are common, with applications ranging from small sensors and instrumentation, through to fully autonomous robotic vehicles. The next big leap for subsea battery systems in oil and gas is electrification of hydrocarbon production facilities. EC-OG is ready to take on the challenge with our Halo Subsea Battery Storage system.
Mental health awareness has had an increasing profile in the energy sector over recent years. Perhaps now, more than ever, maintaining good mental health is particularly challenging, with fears of redundancy, furloughing and family ill-health all posing a potential distraction from safe operations.
By Christopher Hoftun, Chief Digital Innovation Officer, ASCO Norge
Last summer, we announced that ASCO had been awarded a substantial grant from the Norwegian Coastal Authority in order to support a state-of-the-art digitalisation project that would increase efficiency at our Norwegian base in Tananger, through electronic data capture.
As pressures in the offshore energy industry continue, operators, vessel owners and drilling companies are paying ever closer attention to the resilience of their supply chain partnerships.
The acceleration of digitalisation during the coronavirus pandemic has brought into sharp focus the opportunities for digital technical training within the oil and gas sector.
The Offshore Achievement Awards (OAA) is gearing up for its first ever virtual awards ceremony, allowing finalists and winners to be celebrated by industry on Friday, August 14, 2020.
Even in this time of great uncertainty caused by the Covid-19 pandemic and lower oil prices, corporate M&A and private equity investment in the energy sector is not dead.