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CSR in the energy sector
CSR and Energy
Why Buffett bet a billion on solar
Miles Per Acre Per Year
#OG2050 – Light at the end of the tunnel?
2015 is proving to be challenging for the North Sea. Despite the oil price reaching its highest level so far this year, touching $68 per barrel this week, there seems to be no end in sight to the continuous stream of concerning news about companies cutting costs, announcing redundancies and cancelling activities.
#2050 – The UK sector is in a fragile state
The UK offshore industry is in a fragile state. Around 300 fixed production facilities remain in operation, many of which are in excess of 40 years of age and require continuous maintenance and integrity management provision.
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HSE issues notice to Shell over alleged safety breach
Offshore giant Shell has been accused of breaking safety rules at its site at the huge St Fergus gas terminal. The Health and Safety Executive (HSE) has issued an improvement notice for the second time in just over a year after it emerged not enough was being done to prevent “major accidents” at the complex north of Peterhead. The HSE accused Shell of failing to take “all measures necessary” to identify tasks which had the potential to cause a “critical” situation.
Lloyds Register Energy forms strategic alliance
Lloyd’s Register Energy has formed a strategic alliance with MaxGrip. The move will see the development of a new risk-based inspection (RBI) software module called ‘strEAM+RBI’. The collaboration leverages Lloyd’s Register Energy’s market leading integrity engineering and RBI experience with MaxGrip’s expertise in software development and its strEAM+ framework. It offers a unique software solution that directly embeds into an enterprise’s asset management application, including IBM Maximo, SAP and INFOR EAM. Andy Scott, VP asset integrity services Americas, Lloyd’s Register Energy, said: “Companies operating in asset intensive industries are seeking ways to balance long term decisions with day to day operational challenges.
South Korea could open gateway for next generation of North Sea oil workers
The next generation of North Sea oil workers could be trained thousands of miles away in South Korea under a pioneering deal struck by higher education chiefs. Aberdeen University has announced plans to create its first international campus in Asia – where millions will be spent teaching students on a real platform off the Gwangyang coast. Granite City academics said the unique joint venture with the South Korean government was a “statement of optimism" in the future of the energy sector, which has been hit hard by a global sump in oil prices. The proposed campus will provide students with “large-scale, real-life testing facilities”, including a fully functional training rig to give students the hands-on experience they need.