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OTC 2016: Why Houston was a game changer for Aberdeen firm

Houston. The Bayou City, the USA’S fourth largest city with a population of 5.9 million, energy capital of the world, home of Nasa and the world’s largest medical centre. The statistics are amazing, breath-taking and inspiring – but they could also seem daunting to a Scottish firm looking to internationalise.     

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Opinion: Achieving cost savings in a challenging market

There are many challenges facing the energy sector, and reducing operational costs is just one. When your business specialism requires your people to travel to some of the world’s most inaccessible places, those journeys can often have an appropriate price tag.

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Opinion: The changing ownership of oil and gas infrastructure

The UK’s offshore pipelines and terminals were constructed to export production from the owners’ own oil & gas fields. Although tariff income was generated as third party owned fields were tied-back, that income was small relative to the revenue from the infrastructure owners’ own production. The field owners retained ownership of the infrastructure so that they could control the export route for their existing fields and for discoveries and prospects they may wish to develop in the future.

Opinion

Opinion: Navigating the black expanse of $30 oil

Where do efficiency savings and productivity gains come from when the obvious wastage is eliminated? When the headcount requires no more than a couple hands and a foot? That’s the question facing many of us now as the black expanse of $30 oil spreads out before us.

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Opinion: Is the love affair with pensions tax relief over?

The UK’s pension population’s love affair with pensions tax relief started when the Finance Act 1921 introduced tax relief for contributions to occupational pensions. Now, 95 years later, are we about to see the end of the traditional way in which tax relief is given on pension contributions?

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Opinion: Retirement – A time of freedom and enjoyment…

It is interesting the way that the meaning of certain words change with time, and ‘retirement’ is certainly a word that evokes a very different meaning nowadays to what it did 40 years ago. David Gibson, consultant, Mattioli Woods plc.

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Scottish Cycling announce new sponsorship ahead of Glasgow Revolution Series

Scottish Cycling is delighted to announce a new sponsorship with leading Scottish commercial law firm Burness Paull. The firm has been named Official Legal Advisor to Scotland’s National Governing Body for cycling and title sponsor of the Scottish team competing in the UK’s premier Track series. Seven riders from Scottish Cycling’s Performance Development programme and four of Scottish Cycling’s Future Stars will be riding alongside stars such as Laura Trott, Geraint Thomas and Katie Archibald in Round 4 of the leading track cycling series under the new team title of Scotland Burness Paull.

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BT leads apprentice agenda

More young people should be encouraged to pursue apprenticeships as an attractive, viable career path, an industry leader has said. Fraser Rowberry, who heads up BT’s local network business Openreach in Scotland, said any view of apprenticeships being considered a fallback option to university couldn’t be further from the truth.

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Technip tackles milestone Schiehallion project

The BP operated Schiehallion field first produced oil in the 90s and was estimated to contain more than 2 billion barrels of oil. In 2011, BP and its partners sanctioned the Quad 204 project which, by replacing the existing FPSO, renewing subsea infrastructure and drilling more wells, made it possible to extend the field life to 2036 or beyond, and produce a further 400mm bbl.

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Opinion: Ten minutes on decommissioning

Robin Clarkson and Rona Jamieson of legal firm Burness Paull LLP discuss the challenges and complexities of decommissioning - and the need to take advice at the earliest possible stage to avoid potentially significant pitfalls.

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Aberdeen first for Wings Energy Academy graduates

For oil and gas companies, ensuring staff are able to travel to vital projects is a necessary but expensive operation that every business wishes could be made simpler and cost less. Staff at Wings Travel Management’s Aberdeen office have undertaken an extensive course to help their clients become more efficient in deploying personnel around the globe. The five-strong team of travel specialists is among the first “energy champions” to graduate from the Wings Energy Academy, a unique 12-month educational programme, launched last year by the global oil and gas travel company. Split into four phases, the year-long programme focussed on four different roles in the industry – roughneck, derrick-hand, driller and rig manager. In addition to providing an overall view of industry, the course covered topics such as types of drilling platforms, rotational schedules and what life is like for a rig worker. The final stage required students to study one of their oil and gas clients in detail and identify ways in which Wings could enhance its travel management services to support the client’s business more efficiently.