Huisman has released footage of a massive mast crane being installed and tested on a heavy life vessel.
Building an agile workforce, establishing a culture of innovation and embracing technology and big data will be crucial to success in the oilfield services sector. Gemma Noble, Audit Director at EY, and Luke Johnson, CEO at Cognitive Geology and finalist in the ‘Rising Star’ category of EY Scotland Entrepreneur of the Year 2018, explain why.
Green finance has been a hot topic over the last few years. Although opinions differ as to exactly what sort of financial activity falls into this sphere, generally any provision of debt or equity funding to take forward a project or product that is expected to reap an environmental benefit could be said to be green finance. Financing of renewable energy projects and climate change mitigation initiatives are usually referred to as key aspects of green finance.
My visit to OTC for the first time in my new role as supply chain and HSE director comes at a time when both the UK and international oil and gas industry have begun to emerge from weathering some turbulent times.
Technology giant ABB has received an £18million contract to provide automation and safety systems for Statoil’s Johan Castberg development.
The finalists have been announced for the inaugural Decommissioning Awards.
Wood has installed new technology to measure the effects of turbulence on the world’s first floating wind farm, off the coast of Peterhead.
Maersk Drilling has been awarded three consecutive contracts for its jack-up rig Maersk Resolute in the Dutch sector of the North Sea.
UK-based Independent Oil and Gas (IOG) has contracted Subsea 7 and Wood for work on the Thames Pipeline in the Southern North Sea.
National Grid has announced it will sell its remaining 25% stake in Quadgas, the holding company for Cadent Gas, with cash proceeds to be around £1.2billlion.
BP’s pre-tax earnings shot up by over a billion pounds for the first quarter of 2018 on the back of rising oil prices and production.
A disaster on the scale of Piper Alpha could befall the North Sea oil sector again, an industry expert has warned.
Offshore union Unite is threatening an industrial ballot over “delayed” payments to workers by Sparrows.
Faroe Petroleum’s CEO Graham Stewart saw his total pay package swell to over £1million last year.
Techniques used to salvage capsized ships can be applied to the decommissioning of oil platforms, according to a new consortium.
Increased confidence in the North Sea oil and gas industry could encourage more people to buy properties in the north-east, despite the market still “struggling to recover”.
The UK has climbed to the seventh most attractive country in the world for renewables, according to a new report.
Aberdeen firm Balmoral Group is confident offshore drillers will want to shell out big bucks for a new product it launched at the Offshore Technology Conference today.
An energy bill price cap has moved a step closer after legislation seeking to end "abuse" against customers cleared the Commons.
The massive Appomattox oil platform will set sail in May from a dock in Ingleside en route to the eastern Gulf of Mexico as Royal Dutch Shell aims to trigger a new beginning for the deep-water Gulf of Mexico following the recent oil bust.
“Houston, please be informed there is a Santa Claus.”
Inside the largest refiner merger of all time is a hidden pipeline grab.
It is an exciting time for cloud technology as it matures to become a driver of strategic business decisions. The IT industry is evolving rapidly, with cloud computing leading transformational change in organisations. IT executives no longer see cloud solutions as isolated IT projects but as part of holistic approach that must sit in line with the organisation’s strategy for the year ahead.
Total E&P has appointed a new managing director for its North Sea operations.
As companies have continued to consolidate during the oil and gas market downturn, Céline Delacroix, Associate Partner, EMEIA Oilfield Services at EY, explains how this activity is creating investment and growth opportunities in the oilfield services sector.