Subsea 2018: Ashtead in hunt for more deals after Forum tie-up
Ashtead Technology’s boss has said a link-up with a rival rentals business is unlikely to end the firm's hunt for mergers and acquisitions.
Ashtead Technology’s boss has said a link-up with a rival rentals business is unlikely to end the firm's hunt for mergers and acquisitions.
UK subsea service companies will have a chance to broaden their horizons at the sector’s main annual conference and exhibition.
A Peterhead marine company has collected £1,500 for the RNLI at Europe’s largest subsea exhibition.
Industry needs to get “bolder and scarier” if it is to unlock the potential of the North Sea’s marginal fields, an industry chief has said.
A North Sea boss said yesterday that he was worried younger generations had lost faith in the energy industry.
Hiretech Limited has taken a positive approach to the recent turbulent oil and gas industry conditions, using the opportunities presented to significantly strengthen its position in the offshore pumping rental markets.
Since first gas flowed from the Southern North Sea (SNS) in the mid-1960s, the basin has developed and delivered strong gas production through a diverse network of offshore platforms, pipelines and onshore terminals. It has been well exploited and inevitably, the opportunity to identify and develop large “landmark” discoveries is increasingly limited.
North Sea industry may find that it is ill-equipped to capitalise on rising oil prices following two years of stripping out costs.
A North Sea chief said today that UK taxpayers would side with industry ahead of green groups on the subject of decommissioning.
Doom-mongers who warned of the North Sea’s demise got their predictions all wrong, an industry boss has said.
In this latest Q&A, WeSubsea discusses what it’s like to operate in downturn, where they’re targeting growth and what’s next in line for the firm.
Subsea UK’s chief executive said North Sea operators and suppliers need a relationship based on “trust, respect and value” if they are to accelerate the sector’s recovery.
Innovative oil and gas technologies and the research capabilities of Scottish Universities will be highlighted at this week's Subsea Expo by the Oil & Gas Innovation Centre (OGIC).
Oil giant Apache has awarded a contract to an Aberdeen energy engineering consultancy for two new wells on existing North Sea fields.
Industry body Subsea UK is urging firms to embrace the “new norm” in order to safeguard their future.
Industry body Subsea UK has unveiled the finalists who are in the running to triumph at its 2017 business awards.
Friday was "future day" at Subsea Expo in Aberdeen as the event welcomed school pupils and students to the show in an effort to entice the next generation of talent to join the sector.
JDR chief executive David Currie believes committing to the next generation of talent will ensure innovative technology leads the way in the oil and gas industry.
A sonar company has been able to bring its technology closer to market with the backing of Heriot Watt University.
Enpro Subsea has bucked the trend growing from a small company of just five employees to 30 staff in just three years.
Brazil will remain an attractive location for the UK’s subsea sector despite the Zika virus outbreak and the Petrobras corruption scandal, an independent consultant from the South American country said yesterday. Daniella Carneiro was speaking on the sidelines of Subsea Expo in Aberdeen, where a new initiative was launched to improve links between UK and Brazilian subsea firms. Ms Carneiro, a London-based director of Chartham Consulting, said UK Trade and Investment and the Brazilian Science and Technology Ministry had produced a catalogue which lays out information about subsea firms from both countries.
Data from the HSE (Health and Safety Executive) has shown more than a third of piping and pipeline failures are caused by vibration, erosion and corrosion.
For many companies in the subsea sector, 2015 was a painful year marked by a focus on cost reduction. Among the many challenges for businesses was the requirement to reduce capital spend alongside operational expenditure with nothing being immune from cuts. Within this environment staff costs are a significant outgoing for any company, but for an industry that relies on a highly skilled workforce, huge cuts in staff numbers could mean a severe depletion in the skills base come the hoped for up-turn.
Take a look back at some of Energy Voice’s most watched videos from the past year.
Industry experts are being urged to step forward and lead discussions on subsea challenges at next year’s Subsea Expo.