Anderson Anderson and Brown Corporate Finance is delighted to share with you our quarterly Deals+ update for Q2 2020 in conjunction with Energy Voice, highlighting selected oil and gas mergers and acquisitions and fundraising transactions across the UK
Though Covid-19 lockdown restrictions across Scotland are now beginning to ease, the viability and availability of international travel remains up in the air.
With the human population fast approaching the 8 billion mark and as the great energy transition gains momentum, so the pressure to find wholly sustainable, high efficiency low-carbon replacements for fossil fuels and to stem rising greenhouse gas levels mounts.
Bosses at Ineos’ North Sea oil and gas business have vowed to keep “pursuing growth opportunities” despite a 95% profits plunge in 2019.
A key Senate Democrat is urging U.S. regulators to conduct a thorough analysis of whether oil markets are susceptible to manipulation following a Bloomberg News report that documented how a small London firm made as much as $500 million when the price of crude went negative in April.
Ofgem has said it will slash bills for around 15 million households by as much as £95 as the regulator reduced its cap on energy bills to their lowest level yet.
With Allister on his hols (somewhere in lockdown Aberdeen), special guest Stuart Broadley, chief executive of the Energy Industries Council – which sponsors this episode – joined Mark and Ed to size up the week’s biggest stories.
Fuel retailers overcharged motorists when the coronavirus lockdown was introduced by failing to fully pass on savings, according to analysis.
The African Development Bank (AfDB) has a core role to play in supporting power developments in Africa.
The first half of 2020 has brought a very real and tangible meaning to some of the newest industry buzz words; “unprecedented”, “disruptive”, “challenging”.
Orkney Harbours is one of the most diverse and successful council-run port authorities in the UK.
The energy industry is in the midst of a deep and wide-ranging digital transformation. While Covid-19 and lower oil and gas prices have disrupted many investment programmes, the direction of travel is clear – the industry needs to continue to invest in innovation and the development and deployment of new processes and technologies. Not to do so risks being left behind.
If Covid-19 has taught the world anything, it is that the power of digital technology to save time and money and improve our lives was not being used to its full advantage.
I could feel the long, lockdown-length hairs on the back of my neck beginning to rise and my blood pressure soar as I read the response of Steve Dunlop, chief executive of Scottish Enterprise, to the report by the Scottish Government’s Advisory Group on Economic Recovery (AGER).
Energy Voice article – The Human Cost of Covid and Commodity Price Crash
UK listed oil and gas companies recorded more profit warnings in the second quarter of 2020 than in the whole of last year, according to a new report by EY.
Canadian Natural Resources (CNR) recorded pre-tax losses of £1.14 billion in the first six months of 2020 on the back of lower prices.
Transocean Ltd. is exploring strategic alternatives to address its $9 billion of debt as the world’s biggest owner of deep-water oil rigs confronts history’s worst crude crash.
Exxon Mobil Corp. warned that low energy prices may wipe as much as one-fifth of its oil and natural gas reserves off the books.
Hurricane Energy shares nosedived yesterday after the firm issued another warning that the reserves estimate for its flagship Lancaster field, west of Shetland, may require a “material downgrade”.
Most companies struggle when it comes to managing risk. This is because they tend to make it more complicated than it needs to be and this leads to people in the company becoming confused, disinterested and ultimately making the whole process harder. Risk management doesn’t need to be a complex process, in fact, it’s most successful when it’s kept simple.
A digital solution for materials selection in oil and gas is now at the fingertips of users across the industry.
Helicopter operator CHC has warned that “unsustainable” contract pricing could affect training and development after losing a major deal with oil and gas firm Total.
Semco Maritime Ltd have been awarded a yard stay project with Altera Infrastructure for their FPSO asset Voyageur Spirit to be moored at the West coast of Scotland port facility.
Texo DSI has delivered 3D-digital twins of four offshore production platforms for client Taqa. The survey data for each asset was collected safely and efficiently in one week using UAVs.
