Energy Voice has launched its annual industry research.
Energy Voice today launched its annual industry research.
More than 64,700 attendees gathered at the annual Offshore Technology Conference (OTC) in Houston last week, a lower number than the 68,000 in 2016.
OTC 2017 was hailed as a success this year as firms took advantage of an upturn in confidence in the global oil and gas sector.
This year’s survey – #Oil17:New World Order comes with a health warning. Despite the rumble of recovery in the near distance, the industry expects another year of pain.
Historically energy trading was focused on a few key products – oil, petroleum products, gas and power. However, this relatively simple product range has changed dramatically. As countries try and reduce their dependence on fossil fuel and the limitations of grid based power, the drive for renewable energy has spawned a brave new world of innovative energy products. The list of products traded on The European Energy Exchange (EEX) illustrates this. We describe below the rise of new energy products.
The sector has squeezed the service firms as hard as it can, according to Expro's chief executive.
EnerQuip of Aberdeen is six months into its first year of a new business division which is predicted to drive significant growth for the firm.
With the Offshore Technology Conference starting in Houston today, we decided now was a good time to ask readers key questions about the US oil sector.
Texas is looking to tighten its links with Mexico through strategic energy partnerships, according Texas Secretary of State Rolando Pablos.
New technology from Paradigm Flow Services has secured a series of new contracts in the Gulf of Mexico.
Aberdeen-based AEL has set its sights on further international growth by refreshing its management team on both sides of the Atlantic.
The industry is giddy as oil majors begin to unleash their spend again, according to a top oil expert.
The results of the Energy Voice sector survey #Oil17: New World Order unveiled in Houston yesterday highlighted that there is no room for complacency in the industry is it recovers from the downturn.
Sandvik, a developer and producer of stainless steels and other high-performance materials for the oil and gas industry, will be showcasing its innovative products to more than 90,000 Offshore Technology Conference (OTC) attendees in Houston from May 1-4, 2017.
The global oil and gas industry will need to adjust to “lower forever” hydrocarbon prices, an audience at the third annual Energy Voice OTC panel debate breakfast heard in Houston yesterday.
The biggest subsea and drilling challenge is trying to strike a balance in capacity versus capability of the workforce, according to a GE Oil & Gas boss.
Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA's chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030.
A Scottish technology company has unveiled further developments of a system designed to bring disruptive use of technology like that of Uber and AirBnB to the offshore oil and gas logistics sector.
The editor of the Press and Journal's leading monthly publication Energy, was handed the honour of having 1 May being named "Jeremy Cresswell day" in Houston.
An offshore corrosion specialist has won a £1.5million contract in Norway creating seven jobs.
Energy Voice is live streaming from OTC Houston at the #oil17: New World Order event Live from Houston at OTC Posted by Energy Voice on Tuesday, 2 May 2017
Confidence in oil price recovery is still fragile, but almost half of respondents to the Energy Voice sector survey #Oil17: New World Order see investment in new technology as key to the future of the industry.
The industry must learn to export its way out of the downturn, said the Energy Industries Council's (EIC) chief executive.
The US is in a position to be energy-dominant, not just independent, thanks to fracking and plans to loosen drilling regulations, Interior Secretary Ryan Zinke has claimed.