The number of Mergers & Acquisitions (“M&A”) completed within the UK Oil & Gas market during 2016 was significantly lower than we have seen in recent years as uncertainty throughout the sector remained. 2016 was a year of adapting to the lower oil price and for most businesses this was achieved by reducing costs. However, confidence is gradually returning and we are seeing more corporate buyers and investors actively looking for acquisition opportunities.
Robert Gordon University (RGU) has partnered with a leadership development company to bring the biggest one-day leadership event in the world to Aberdeen.
Lifting Equipment Rental, home to one of the largest ranges of specialist lifting equipment for hire and sale in Scotland, yesterday announced a significant investment of £100,000 in 2017, with further investment through a three year programme, for the complete upgrade of its hydraulic ram and pump fleet.
As operators and duty holders battle to reduce production costs in a mature basin with aging assets, increased focus must be placed on the cost effective safety and integrity management of these declining production profile assets . A challenge indeed!
What does a trained and competent multi-skilled workforce mean to you? Are you looking for an established, cost effective, accessible and industry accredited training provider?
The Energy Institute (EI) Aberdeen, Highlands and Islands branch will focus on the issue of managing substance abuse offshore at its forthcoming meeting on 7 February in Aberdeen.
By Steven McKnight, principal partner at St James’s Place Wealth Management in Aberdeen
Final salary pension transfer values grew by 15% in 2016 www.xafinity.com after sharp falls in gilt yields added to pressure on schemes to reduce their deficits.
Already we are more than half way through the first month of the new year, and it begs the question what will 2017 bring for the Society for Underwater Technology (SUT), asks Bob Allwood.
Blaze Manufacturing ended 2016 on a roll with a series of contract wins that ensure a robust start to 2017, despite the harsh times still being endured by the North Sea oil & gas industry.
There is much written about the health of workers in the workplace but much less about specific health problems of managers. It is frequently assumed that they will take care of themselves. This is often not the case.
Supporting oil and gas companies to diversify into other sectors will help build new revenue streams, retain talent and skills and avoid redundancy situations says Scottish Enterprise’s director of Energy, Maggie McGinlay.
The landscape of employee safety is ever-changing. Did you know, for example, that from spring 2017, fatal accident inquiries will have the authority to investigate the deaths of Scottish nationals killed while working abroad?
Aberdeen is full of it - energy. It’s palpable and it’s infectious. It’s a precious resource that pulsates between an ever-widening ecosystem of educators, professionals and enterprises that play their part to protect it because it’s precious. In the right hands it builds momentum, engenders creativity and allows the holder to face new horizons with an adventurous spirit, courage and a perspective of possibility.
As the North Sea industry grapples with its cost base, has it done enough to ensure its place at the table to attract investment in order to realise the enormous potential left in the basin?
More so than ever, decommissioning is on the horizon for the oil and gas industry, accelerated by the sustained low oil price, aging assets and government interventions.
Opportunity is being created for contractors in the North Sea and could be the "ideal time" to invest in new developments, according to a leading lawyer with expertise in exploration and production and oil and gas service firms.
On Wednesday 23rd November, LiftEx 2016, the UK's leading lifting exhibition, will open in the fantastic Aberdeen Exhibition and Conference Centre (UK)!
John McRobbie, the last in a long line of operations manager for Shell’s Brent field, remembers the moment he chose a career in the oil and gas industry with great clarity.
