Jeremy Cresswell

North Sea

Crisis, collaboration and the same conclusions

Hard lessons learned but not retained? Jeremy Cresswell looks at a twelve-year old report which shows how little the sector’s attitudes and culture have changed and how nearly identical the identified solutions are, regardless of which major oil price crisis one considers. Corporate memory is very short.


OTC 2016: Exclusive – M2 Subsea launches in Houston

At 2am this morning Aberdeen company M2 Subsea, “pushed the button on setting up in Houston”. The ROV operations firm, incorporated on December 7 last year, sees the US Gulf of Mexico as a key market for its services and is said to be very close to landing its first contract in the region, possibly within days.