by Katy Heidenreich, Supply Chain and Operations Director, OGUK
In January 2021, OGUK and Deloitte will launch the latest edition of the UKCS upstream supply chain collaboration review and index. The index is developed from supply chain and operator company feedback and provides an understanding of how effectively industry is working together in what continues to be challenging times for us all.
China’s biggest offshore driller is being targeted in the final days of President Donald Trump’s administration for its activity in the South China Sea.
The Securities and Exchange Commission has been largely silent on the financial wreckage of the U.S. shale industry in recent years, but that may be about to change.
French energy giant Total has confirmed the award to Maersk Drilling of contracts worth $100 million for its exploration and appraisal campaign in Suriname's Block 58.
Nigerian authorities moved to seize assets belonging to one of the nation’s largest banks to recoup damages owed by Royal Dutch Shell Plc to a local community over a decades-long dispute.
Santos has approved US$235 million worth of investment for an infill drilling campaign that will extend the life of the Bayu-Undan field offshore East Timor. As a result, the Santos-led Darwin LNG export plant, which is fed by the aging field, will not need to be shut down while new supplies of gas are developed.
Marubeni Corp. could all but exit the UK North Sea as it looks to sell its main oil and gas fields in the region, according to people with knowledge of the matter.
Chevron Corp. is investing in a California startup that captures carbon dioxide from factories and converts the greenhouse gas into gravel and other building materials.
Two Orkney distilleries are to take part in a £58,781 research project to investigate the use of “green” hydrogen heating as part of a government initiative to find ways of decarbonising the distilling sector.
Banks and businesses should start assessing their risks to future climate change immediately and prepare for carbon prices to more than triple to $100 per ton by 2030, a senior Bank of England official warned.
Hurricane Energy’s chief executive said today that the firm is currently “engaging with stakeholders” on funding for the further development of its Lancaster field.
US fund managers are still lagging behind their European peers in putting pressure on companies and ensuring their investments align with climate change targets, a new report has claimed.
An Austrian chain maker whose history can be traced back to the 15th century has invested an undisclosed sum in Load Monitoring Systems (LMS), of Aberdeen.
by Bob Ruddiman, partner and global head of oil and gas, Pinsent Masons
Disruption can bring opportunities, and those businesses which have a mindset of accepting opportunities thrown up from the unwelcome disruption caused by Covid-19 will survive and thrive, while new businesses will emerge to capitalise on these opportunities.
Digital media production company Signal is to produce films for Aberdeenshire Council and ORE Catapult to support the promotion of local and national economic development.