SPX Flow upgrades Dyce base with £200k investment, creating new jobs
Global industrial equipment supplier SPX Flow said yesterday that it had invested £200,000 in upgrading its Aberdeen service centre.
Global industrial equipment supplier SPX Flow said yesterday that it had invested £200,000 in upgrading its Aberdeen service centre.
An Aberdeen energy consultancy is helping Japanese oil and gas companies to gain a better understanding of decommissioning and how to manage their global asset and abandonment liabilities.
Didn’t make it along to Offshore Europe 2017 in Aberdeen this week? No problem, Energy Voice has you covered. Take a tour of the show floor, including the new decommissioning zone, with this video shot on day three of the event.
And social investment adviser John Raine believes that the scheme has given rise to the first signs of re-balancing the gender gap.
US firm National Oilwell Varco has braved an economic whirlwind only to have the real thing land on its Houston doorstep.
The box chart below shows the average drilling difficulty (on a P50 basis) of offshore wells drilled in the North Sea basin from 2000 to 2016. The data suggests that the average drilling difficulty hasn’t changed very much over the last two decades – it has been relatively flat. The Rushmore Drilling Index (RDI) is a measure of the difficulty of drilling a well and is used for normalisation purposes. The numbers in parenthesis represent the number of wells that were drilled to Total Depth in a given year.
Trundling around this year’s Offshore Europe has, believe it or not, put me in a reasonably positive mood. The fact that the foundations for the European Wind Deployment Centre are now being installed offshore just a few miles up the coast from the AECC serves as valuable reinforcement.
The man who led England to its historic Rugby World Cup victory has claimed there is a lot the oil and gas industry can learn from the sports world.
Oil and gas tankers could be "weaponised" by terrorists and used to block global shipping routes or create massive explosions several miles wide, security experts have warned.
The North Sea industry has turned a critical corner, according to industry veteran Sir Ian Wood.
The Oil and Gas Authority's (OGA) chief executive has 900 million barrels in his direct line of sight.
Aberdeen is still the “unchallenged” number two to the US city of Houston in global oil and gas markets despite recent woes, a visiting industry chief said yesterday.
An additional 900million barrels of oil could be extracted from the North Sea if companies can improve their operation, according to the Oil and Gas Authority (OGA).
The oil sector’s efforts to make the North Sea more competitive will be “irreversibly damaged” without an influx of new investment, an industry expert said today.
Statoil’s UK North Sea chief said the basin was locked in a “fight” with other oil producing regions for new investment.
The Oil and Gas Technology Centre (OGTC) expects to start work on at least another 12 development projects by the end of the year.
Wood Group’s chief executive has said that decommissioning is a “double-edged sword” for the oil industry.
Sizeable quantities of methane gas is escaping from below the North Sea floor every day as a result of anthropogenic activity, according to new research.
Fire safety systems supplier Blaze Manufacturing Solutions is plotting a route back to its heyday after diversifying to beat the downturn.
Scotland and a Japanese organisation will stump up funds totalling £15million for joint research projects focusing on subsea technology.
Wood Group has acquired the operations of all subsea engineering services for the integrity of the INPEX-operated Ichthys LNG Project, offshore Western Australia.
Tata Steel has emphasised its commitment to the North Sea and the global oil and gas industry by announcing a near £2 million programme of investments.
An uptick in North Sea mergers and acquisitions (M&A) activity in the first half of 2017 was a “tentative sign” that investor confidence is starting to return to the oil and gas sector, a new report said.
Europe’s biggest energy companies have a message for the aging U.K. North Sea oil industry: We may be selling assets, but that doesn’t mean we’re heading for the exit.
The exchequer secretary to the UK Treasury said yesterday that the North Sea oil industry had set a great example for other sectors to follow.