Shell’s Ben van Beurden: Oil vs Uber in the battle of reputations
In a throwaway comment, Ben van Beurden found himself front and centre on the national media’s radar.
In a throwaway comment, Ben van Beurden found himself front and centre on the national media’s radar.
Accessing funds is no longer the big issue facing the finance departments of the oil majors - it's where to put it that's the big dollar question, according to one expert.
Scotland will be at the forefront of the future of oil and gas, the Exchequer Secretary to the Treasury will claim today as Offshore Europe gets under way in Aberdeen today.
I’m often asked about the role of the OGA, ‘collaboration’, the use of regulatory powers and the impact the authority has made.
Oilfield services company Expro has secured a five-year deal to carry out work on Repsol Sinopec's North Sea assets.
Since the 2014 Wood Review, Maximising Economic Recovery has been the remit of the Oil and Gas Authority. To achieve this, data transparency was a key aim, and in late 2016 the OGA delivered a 'Small Pools' dataset. Here, free data packages were provided for undeveloped resource on the UKCS.
Here we go again ... it’s Offshore Europe again, traditionally a time of traffic mayhem and hospitality greed in the Granite City as hotel and restaurant vultures cash in on gullible delegates.
Decommissioning is not the dark cloud over the UK oil and gas industry it has sometimes been portrayed to be. While it does present significant and inevitable challenges, none of these are insurmountable and if tackled in the right way there is a huge opportunity to drive further value from the UK Continental Shelf (UKCS) whilst also maximising economic recovery provided. However, this will require detailed and co-ordinated decommissioning strategies to be implemented across the industry.
The North Sea economy has seen dramatic change in the last 36 months, from a period of frenzied activity on the back of unprecedented highs in the commodity value of oil followed by frantic measures to cut spend to reflect a falling unit price. This roller coaster ride has now been followed by a period of extended soft recovery where the industry grapples with the lower for longer scenario of present day oil economics.
Stork is showcasing its unique caisson management portfolio at this year’s Offshore Europe, stand 2C100, taking place in Aberdeen, UK.
The Oil and Gas Technology Centre (OGTC) has approved £12million worth of investment since it opened seven months ago.
Attend any industry conference and signs that the wider oil, gas and chemicals industries are starting to embrace digitalisation will soon become apparent. The audience is moving from predominantly information technology (IT) personnel interested in the bits and bytes of data, to that of production engineers or management keen to know exactly and practically how digital can save the day.
Decommissioning will be a special focus at this year’s Offshore Europe for the first time in the show’s history.
The negative effects of the Oil & Gas downturn continue to be evident, but more positively, we are also experiencing the benefits of becoming much more efficient in managing and running all aspects of our businesses.
Like everyone in Aberdeen, and probably the wider industry, I’ve awaited Offshore Europe 2017 with a certain level of trepidation that it will struggle to live up to previous years – particularly given cutbacks by many companies and the fact that many more are no longer in existence.
Lloyds Register has opened a new 100,000 sq foot facility.
Drone specialist Texo has carried out the first ever unmanned aerial survey of an offshore asset using combined technology.
A new voice and data communications system will be debuted by, Cohort owned company, SEA this week at Offshore Europe.
The leading trade body for the UK offshore oil and gas industry has revealed its plans to champion the sector during Offshore Europe, as it launches a new report.
North Sea decommissioning start-up Well-Safe Solutions today announced two more senior appointments and revealed where it will be based.
Energy editor Rita Brown heads to the Hague to hear exclusively how Shell’s chief executive has viewed the last three years since the oil price crash
As Aberdeen welcomes delegates from more than 140 countries to the city for an intensive week of stimulating debate, fact-packed presentations and networking at Offshore Europe, Oil & Gas UK looks forward to sharing its update on where our UK offshore industry is heading next.
A North Sea retreat is not on the cards for Shell, according to its chief executive.
With the opening of SPE Offshore Europe 2017 and the industry showing signs of recovery, it is time to shed some positive light on the future of our industry. The past three years have been extremely tough, but we have also learnt a lot. We have seen a few initiatives from industry stakeholders that have resulted in a 50% reduction of operating costs in the UKCS since 2014.
As we approach Offshore Europe 2017, it’s worth considering the progress that the oil and gas sector has made in the UK since the previous conference in 2015.