Oil & Gas

Oil & Gas

The not-so-hidden cost of lost knowledge

I have happily hosted many a lunch with senior executives from many industries and, not surprisingly, the conversation at some stage moves to people. And one of the concerns often expressed is about the potentially catastrophic effects of highly talented people having too much responsibility too soon.

Oil & Gas

The customer is always right

It's interesting, isn't it, that, as much as we tend to disapprove of supermarkets - tut-tutting when we read about their profits, shaking our heads at the allegations of how they treat their suppliers and despairing at how they put local shops out of business - we still can't quite bring ourselves to stop using them?

Oil & Gas

Time for ‘forensic management’

01/09/2008

Year in, year out, time and again I have listened to North Sea leaders saying that safety is getting better and that skills issues really are being tackled. While listening politely, the sceptic in me says, "Ye-e-e-s, but watch what happens to such pledges if commodity prices head for the basement or, more particularly, sink in the quick sand of middle management".

Oil & Gas

Icelandic project steams ahead

StatoilHydro has joined an initiative that aims to tap ultra-deep geothermal energy sources in Iceland with a view to generating huge quantities of electricity sustainability. Success could deliver a tenfold increase in the amount of energy harvested from existing wells.

Breaking