By Jack Davidson, managing director, James Fisher Offshore
The universal "pause" brought on by Covid-19 has been overridden by the realisation that this pandemic and its repercussions are challenges we have to deal with and adapt to if we are to survive and thrive.
Frustrated by uncertainty around project schedules offshore UK, North Sea decommissioning firms are increasingly looking overseas for work, a sector chief said.
The Covid-19 pandemic has been one of the most impactful influences on the global workplace in recent years. Not since the advent of PCs and the introduction of the internet and email have organisations from every sector felt such a dramatic change in the way they work.
Oil kicked off what promises to be a turbulent week of trading by plunging to a five-month low as a continued increase in Libyan crude production coincided with a wave of new virus-lockdown measures in Europe.
Westwood Global Energy reports that as of October 28 there was one exploration well active in the UK. So far in 2020, four exploration wells have completed. There has been no appraisal drilling to date this year.
Working together to deliver a decarbonised, net zero future will form the theme and direction for SPE Offshore Europe 2021 being held in Aberdeen, Scotland, 7-10 September 2021.
The US company best known for wielding a heavy-lift vessel whose huge, yellow trusses have drawn comparisons with McDonald’s Golden Arches logo is preparing to take another crack at the North Sea market.
By Marlene Mitchell, Commercial Manager, Aberdeen Harbour Board
Cost efficiency. That is easily one of the most common phrases of the year with heads of business, peers, media and even family members using it when considering expenditure in 2020. To substantiate my thinking, I ran a social listening audit on conversations around cost efficiency and streamlining, paired with oil and gas, energy transition and net zero and found that conversations had increased by 7 percent from 2019 until present, which I fully expect to rise by the year end.
It’s around this time of year that Oil and Gas UK releases its eagerly-awaited annual Decommissioning Insight report. The study was first launched to enhance knowledge of the decommissioning market. It shows an industry with intellectual capability that needs to be shared to maintain competitiveness and efficiency.
Dutch firm Bluewater has picked Aberdeen firm Global Engineering & Construction (E&C) for engineering modifications on two of its vessels on the UK Continental Shelf.
Strohm, the world’s leading manufacturer of thermoplastic composite pipe (TCP), has received a circa EUR 25 million Convertible Loan from its shareholders as it strengthens its position for low carbon energy transition activities and renewables.
He spent many years away from his home city of Aberdeen, but when Bob Gilbert returned it was to play a key role in establishing a new home for a major international firm.
Highland industries may start switching from traditional power sources to “green” hydrogen within three years under an ambitious plan that would establish the area as a “global forerunner” in large-scale production of the fuel.
Exxon Mobil Corp. will slash its global workforce by 15% over the next two years, an unprecedented culling by North America’s biggest oil explorer as it struggles to preserve dividends.