Scottish Secretary Jim Murphy will welcome subsea industry leaders and delegates when Subsea 09 opens in Aberdeen next month.
Oil & Gas
An end to the gas supply crisis in Europe appeared to be close last night after Russia vowed to restore full services once observers are in place to check flows through Ukraine.
FAROE Petroleum, the Aberdeen-based oil and gas company, said yesterday it was planning to participate in three near-term wells in Norwegian waters, in each of which the company has a 10% interest.
Russia shut off all gas supplies to Europe through Ukraine yesterday, leaving tens of thousands of people in more than a dozen countries without heat during a winter cold snap.
Ernst and Young was appointed yesterday as administrator for oil and gas company Oilexco North Sea (ONS).
Faroe Petroleum saw its shares jump more than 40% at one stage yesterday after investors welcomed a second potentially large gas discovery in the Breagh area of the southern North Sea.
SCIENTISTS from Aberdeen University have discovered a natural and renewable way of producing hydrogen to generate electricity.
One of the world's most dangerous nuclear power plants, mothballed after international protests, may be reopened because of the Russian gas row, it emerged yesterday.
Ithaca Energy said yesterday it had completed the installation of the Jacky oil field platform and associated pipelines in the inner Moray Firth.
ABERDEEN-BASED Subocean revealed yesterday that it had landed renewable-energy contracts worth more than £100million in 2008.
Aberdeenshire company Triton Group said yesterday it had completed its ninth acquisition since its formation in 2007.
Russia raised the stakes in its gas dispute with Ukraine last night - risking serious reductions in supplies to European Union countries.
Aberdeen company Rubberatkins has announced a £3million expansion plan for 2009.
January 21-22: The Permanent Oil Crisis: Challenges and Opportunities, Amsterdam, The Netherlands. Organiser: Europoint - e-mail ILeuvenkamp@europoint.eu. URL: www.permanentoilcrisis.com
2009 is likely to be a year of consolidation in the oil&gas industry in response to the economic downturn. As Alec Carstairs writes opposite, last summer, the sector seemed to be faring well, with the oil price peaking at record highs of above $147 a barrel in July before crashing.
As I talk to more and more people, the reality is beginning to sink in that a full-blown recession is upon us and highly likely to add to the indigestion we are expecting to impose upon our bodies as we enjoy the excesses of Christmas.
Last month, the member states of the European Union (EU) and European Parliament approved - in a fanfare of publicity - a climate and energy package proposed by the European Commission (EC). It has been popularly described as the 20/20/20 package - to establish a 20% share for renewable energy and to cut greenhouse gas emissions by 20% by the year 2020.
COMMUNICATION breakdown is commonplace. However, better communication is something the oil&gas supply chain is working hard to achieve.
Bristow Helicopters has been around forever in the North Sea. Indeed, the group's Europe division is by far the largest of five geographic units. With a turnover of about $800million, it accounts for 70% of group revenues and more than 70% of profits.
When the North Sea offshore industry starts to refocus on supply-chain management, those down that chain understandably start to get nervous.
Jamie Dempster is business manager at iicorr's integrity consultancy in Aberdeen. He was hired six years ago straight from Strathclyde University - first interview, first job.
Engineering and science - are they winning back the interest of young people? Anecdotal evidence suggests that this might actually be happening.
GORDON Schools technology teacher Graeme Mitchell escaped from the classroom for a few precious days in December to submerge himself in the world of subsea engineering and well operations with Helix in Aberdeen.
External casing patches are as well known in the industry as a method of repair and recovery as they are for their weaknesses with their tensile and compression loads and longevity of the elastomer seals.
THE objective of this project, which was kicked off in September, 2008, is to build and field test a novel oil-in-water monitor based on miniature mass spectrometry technology.