Opinion

Oil & Gas

‘Surprisingly swift’ uptake of data science in oil and gas

29/01/2020

Data science is about recording, storing and analysing massive amounts of data in order to extract useful information and uncover intelligent information for organisations. In recent years, companies across all sectors have been implementing data science in order to become more efficient and the oil industry has not been an exemption.

Opinion

Let’s leave North Sea ‘small pools’ in the ground

21/01/2020

I was recently reminded of a new year’s resolution that I made some years ago - one which I’m successfully keeping to this day. Back then, I committed to making the transition towards a greener, more sustainable personal lifestyle. But here’s the clever bit: I figured it would also be OK to carry on pretty much as before with all my current behaviours. So, no really big changes required and certainly no tough decisions to make. Now, maybe it’s just me, but expecting the oil industry to get right behind the energy transition whilst sticking with MER does feel kind of similar.

Opinion

Climate change, my daughter and me

20/01/2020

I recently addressed a room of industry leaders and when deciding what to say, I thought I'd begin by discussing one of the defining issues of our time: the dual challenge of providing more energy with fewer emissions.

Opinion

Surge in demand for data science set to continue into the new decade

14/01/2020

It’s fair to say that 2019 ended on a note of political and economic turmoil. But while the global oil and gas industry will face a number of uncertainties over the coming months, there is one trend I can predict with total confidence - the momentum-gaining groundswell in the adoption of data science and predictive technologies.

Opinion

Flourishing Aberdeenshire customs consultancy has clear vision for 2020

14/01/2020

2019 – the year that was dominated by the ‘B’ word. But for one Aberdeenshire firm sharing the same initial letter, 2019 was less dogged by controversy, and more gilded by success. Oldmeldrum based Bethan Customs Consultancy celebrated its 4th birthday with an expanding client base, boosted turnover, and an-ever growing team.

Opinion

Unfortunately, facts rarely matter when it comes to the energy debate

08/01/2020

The year 2019 once again proved that oil and gas remain indispensable resources to make the world a better place.  They help to improve the lives of billions of people, many of whom would otherwise lack any access to reliable energy.

Opinion

2020 – A busy year ahead

08/01/2020

Following the result of the general election, we can now expect to leave the EU at the end of January, although very little will change on that date as we will move into a transitional period when existing EU rules and trade terms continue to apply in the UK.

Opinion

Tackling taxation issues

07/01/2020

With the festive season over, the start of a new year gives employers an ideal opportunity for a spring clean of their compliance processes and to identify any tax planning opportunities.

North Sea

Sunrise or sunset for the North Sea?

07/01/2020

While the UKCS may be regarded as a more mature basin than those in other parts of the world, that doesn’t mean that it is standing still or slowing down.

Oil & Gas

Is better collaboration the new force for change in oil and gas?

06/01/2020

Current market conditions are making oil and gas operators understandably cautious about embarking on mega projects. When they do invest, shorter term payback options such as brownfield developments are generally favoured over longer-term, large-budget greenfield projects.

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