The oil and gas industry has a reputation for being one of the most safety focused sectors in the world. Millions of pounds have been invested over the years to improve work practices, technologies, designs and regulation in the drive to mitigate risk, reduce accidents and prevent injury.
A relatively high and much more stable oil price has generated a lot of renewed investor interest in the North Sea upstream E&P sector over the past 12 months or so.
A “cocktail of uncertainty” awaits members of the OPEC oil cartel ahead of a meeting next week to discuss whether to cut oil production, according to an analyst.
The UK Government has announced fresh funding for carbon capture and storage (CCS) in the north-east – three years after scrapping a £1bn stake for developing the technology.
A looming skills shortage in the north-east oil and gas sector has been highlighted in the latest industry survey from the Aberdeen and Grampian Chamber of Commerce (AGCC).
Diplomats yesterday praised the “long-lasting relationship” being forged between Aberdeen and the South American nation of Guyana, while on a trade mission to the city.
Operators, service and technology providers have a valuable opportunity to gain the latest insight into industry efforts to improve drilling activity on the UK Continental Shelf (UKCS) at Oil & Gas UK’s wells conference on December 5.
Aberdeen Harbour Board has said its £350million extension project will “revolutionise” the way quayside work is carried out, especially for decommissioning operations.