Energy Voice

The UK Government will conduct a review of current energy infrastructure at sea as it sets its sights on expanding offshore renewables.

The US' OFAC has set out sanctions against a number of Libyan businessmen, and one Zimbabwean, amid talk of corruption and fuelling instability.

Africa

US sanctions Libyans, Zimbabweans

07/08/2020

The US has set out sanctions against fuel smugglers in Libya and a businessman in Zimbabwe, amid a wider move by the country to bring pressure to bear on foreign interests.

Coronavirus

Fuel retailers accused of overcharging drivers during lockdown

07/08/2020

by Reporter

Fuel retailers overcharged motorists when the coronavirus lockdown was introduced by failing to fully pass on savings, according to analysis.

Africa

Catalysing power plans in Africa

07/08/2020

Renewables/Energy Transition

The African Development Bank (AfDB) has a core role to play in supporting power developments in Africa.

Lack of local authority resources could create ‘barrier’ to onshore wind

07/08/2020

Leading figures in onshore wind have voiced concerns that a lack of resources for local authorities could create a “barrier” to renewable projects.

NNPC has signed a $1.5bn pre-export finance facility, UBA has said, with the bank providing $200mn in naira support.

Africa

NNPC signs $1.5bn export finance facility

06/08/2020

The United Bank for Africa (UBA) has participated in a consortium to lend $1.5 billion to Nigerian National Petroleum Corp. (NNPC) and its upstream Nigerian Petroleum Development Co. (NPDC) unit.

Events

US Tech Entrepreneur Tom Siebel to give keynote at ENGenious Online 2020

06/08/2020

A world leader in artificial intelligence (AI) and software development will give the keynote address at the ENGenious Online 2020 conference next month.

Delek Drilling has signed up four bonds to raise $2.25 billion, refinancing its Leviathan gas field project, buoyed in part by Noble's sale to Chevron.

Middle East

Delek refinances Leviathan debt

06/08/2020

Delek Drilling has raised $2.25 billion through a bond issue to refinance debt taken out for its Leviathan project.

Genel has posted an operating loss for the first half of the year on its operations in Kurdistan, even while generating free cash flow.

Middle East

Genel takes losses but posts dividend

06/08/2020

Genel Energy reported an operating loss of $340 million for the first half of the year, but still generated $6.5mn of free cash flow.

Risk management doesn’t need to be complicated, so how do we keep it simple?

06/08/2020

by Prism Energy

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.

Alloyselect assists engineers in choosing the correct material for assets

Digital solution for materials selection in oil and gas

06/08/2020

by Oil and Gas Corrosion Ltd

A digital solution for materials selection in oil and gas is now at the fingertips of users across the industry.

CHC says contract price cuts could impact safety

06/08/2020

Helicopter operator CHC has warned that “unsustainable” contract pricing could affect training and development after losing a major deal with oil and gas firm Total.

Voyageur Spirit at the dry dock in Kishorn

Semco Maritime in partnership with Kishorn Port awarded yard stay contract by Altera Infrastructure

06/08/2020

by Semco Maritime

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.

TexoDSI defines 3D data in the North Sea

06/08/2020

by Reporter

Texo DSI has delivered 3D-digital twins of four offshore production platforms for client Taqa. The survey data for each asset was collected safely and efficiently in one week using UAVs.

The ENGAGE system is directly integrated with the CANtab tablet-based reporting system.

Intelligent integrity management solution enables cost savings of 25%

06/08/2020

by CAN Group

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.

Halo modular and scalable subsea battery storage

Scalable battery storage: Transitioning to clean subsea energy systems

06/08/2020

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.

John Pearson, chief operating officer for Petrofac’s engineering and production services division.

New Petrofac and Storegga partnership goes ‘above and beyond’ collaboration on Acorn project

06/08/2020

Renewables/Energy Transition

Energy services firm Petrofac has signed a Memorandum of Understanding (MoU) with Storegga Geotechnologies in an effort to drive new clean energy developments.

Oil and Gas Authority chief executive Andy Samuel.
Picture by Jim Irvine 17-12-19

UKCS activities can deliver 60% of country’s decarbonisation targets

06/08/2020

The UK continental shelf (UKCS) has a “significant role” to play in helping governments achieve their net zero targets in the coming decades, a new report said.

Training & Technology

OGUK partners with skills body to offer support to redundant oil and gas workers

05/08/2020

The leading representative body for the UK’s offshore oil and gas sector has partnered with Skills Development Scotland to signpost support for oil and gas workers impacted by redundancy.

The US has called for NOC to be allowed to proceed with oil production, while stalemate around Sirte continues.

Africa

US backs Libyan oil flows

05/08/2020

The US has called for “all responsible parties” to allow the National Oil Corp. to go about its business.

Subsea Expo

Subsea Expo confirmed for February 2021

05/08/2020

Europe’s largest underwater engineering event, Subsea Expo, is shaping up to what could be the sector’s first, large scale exhibition and conference following lockdown where delegates will be able to meet and network face to face.

Shell's regional headquarters on Wellington Road in Aberdeen.

Sodexo plans job losses at Shell HQ in Aberdeen

05/08/2020

by David Proctor

A number of jobs are under threat at a firm which provides a range of services to a major oil and gas company.

Kevin Parker, director of OceanTools.

Picture by Scott Baxter 21/07/2020

OceanTools bouncing back and sensing opportunities

05/08/2020

OceanTools’ boss has said the underwater technology firm has come out of the Covid-19 lockdown “fighting”.

Oil & Gas

Xocean rides the remote operations wave

05/08/2020

by Allister Thomas

“Remote operations” is more than just a buzzword for Xocean’s chief executive, and he’s got the boats to prove it.

Petrofac shares details of potential upcoming contracts

05/08/2020

Petrofac has shared details of a number of contracts that will potentially be put out to tender over the next year.

Perhaps now, more than ever, maintaining good mental health is particularly challenging

Mental health of workforce in focus

05/08/2020

by Step Change in Safety

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.

Christopher Hoftun, Chief Digital Innovation Officer, ASCO Norge

Eliminating the noise: a new era in logistics management

05/08/2020

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.