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International SOS: Trauma can affect us all

During this time of reflection, 32 years on from the Piper Alpha disaster, we must not forget the survivors, family and friends of those who lost their lives.

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Opportunity for oil workers: share your views on greener jobs and organise for a better future

A new survey has been launched by Platform and Friends of the Earth Scotland to hear from workers in the oil and gas industry and supply chain about how COVID-19 and the oil price crash have impacted their working life. Hundreds of workers have already responded, detailing their experience in the industry, their fears around job security and what type of future they want.

Insights

The new ‘F-word’ in the energy sector

The Energy industry has taken another battering. But unlike previous economic hurricanes, this time within weeks centrally funded support was made available in the form of furlough leave and pay.

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Intelligent integrity management solution enables cost savings of 25%

In an industry faced with an unprecedented level of turmoil due to the compounding events of the COVID-19 pandemic and the collapse of Oil & Gas commodity prices, one thing is for sure; Asset Integrity & Reliability remains as, if not more important than ever. Beyond the regulatory requirements of operating Oil & Gas facilities, the simple truth is that safe and sustained production is the difference between success and failure, or in Oil & Gas parlance; Late Life or CoP.

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Be sure to call your GP

It seems as if Coronavirus is the only topic of conversation just now, particularly when it comes to our health. However, other illnesses and diseases have not gone away and it is important that you seek medical advice if you are unwell.

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Renewables and investment – well placed to bounce back?

While many sectors have recently rediscovered the importance of resilience, it’s always been in the energy industry’s DNA. From hostile physical environments to volatile prices, the sector keeps the lights on for millions of households, whatever the circumstances. So, despite seized-up supply chains and plunging energy prices, the industry has largely endured and overcome the current challenges presented by the Covid-19 pandemic.

Opinion

Protecting investments in times of great crisis

There is little doubt the first quarter of 2020 will go down in investment history as a “notable” period that investors will remember – alongside others such as 1987’s Black Monday, when US markets fell by more than 20% in one day and the global financial crisis of 2008-9.

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Critical national infrastructure still needs supporting

It’s extraordinary to think that when we should have been gearing up for the main global oil and gas event of the year, instead we are mostly staying indoors for the foreseeable future. This doesn’t mean however that we down tools.

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Prime time to put transition in focus

In these difficult times, it is challenging to manage day-to-day business as well as thinking to the future. Clearly, we have seen rapid and significant changes to business operations and Aberdeen Renewable Energy Group (Areg) members and others are under greater pressure than ever to deliver results.

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How Iqarus is keeping offshore workers safe

Having assisted clients during previous health challenges such as Ebola, Zika virus, SARS, avian flu and the H1N1 2009 influenza pandemic, global healthcare provider Iqarus has approached Covid-19 using its wide-ranging medical expertise and experience to support its clients with additional services and expert solutions.

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Putting the Magic into home work – for free

At a point when much of the world is coming to terms with how to work from home, Samsung’s MagicINFO Remote Management Solution offers an ideal means to reduce site visits and service calls.

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Focusing on the future – what’s next for the oil and gas sector?

Despite the uncertainties raging around us, as an industry and as individuals we have adapted quickly to the challenges of lockdown. The return to normal may prove a longer, challenging but potentially rewarding path, believes Jon Clark, EY EMEIA Oil & Gas strategy and transactions leader.

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Imagination important as firms look to future

While the immediate priority is survival, senior management of exploration and production (E&P) companies will also be looking to the future, seeking ways to access the capital required to bring undeveloped oil and gas discoveries into production and lower carbon dioxide emissions.

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Mitigating FX volatility

Phrases like ‘global pandemic’ and ‘negative oil price’ don’t tend to embolden investors. They would normally send them running for cover with their chequebooks safely tucked away for sunnier days.

Insights

CMS: Lockdown’s legal issues

We are all getting used to the challenges of the lockdown. As it becomes clear that this situation is going to continue for some time, we need to consider the legal implications of the stress caused to businesses by the double blows of Covid-19 and the oil price fall.