Opinion

Opinion

Global insights give companies an edge

As a technology-focused energy impact investor, EV Private Equity is committed to building innovative world-class companies. Experience has shown us that achieving that ambition requires global reach, unique insights and a strong mindset that transcends geographical and territorial boundaries.

Opinion

Take the initiative and find nimble solutions

None of us can predict for certain what the supply chain of the future will look like, yet we all have to plan for future changes to make sure our businesses move forward in step with the world around us.

Opinion

Keeping the lights on – A national imperative

While some aspects of our everyday life changed significantly during the pandemic, two things have remained constant, our ever-increasing energy demands and questions around the capacity of our ageing energy infrastructure to meet this demand. That makes the Energy White Paper crucial and its continuing delay a problem.

Opinion

Seismic acquisition has been lagging for too long

If the rising cost and environmental pressures experienced by the oil and gas exploration sector this year have shown us anything, it is this: it is time to make the impossible affordable.

Opinion

Zero hour: Four ways governments can unlock green businesses at COP26

In the “business-as-usual” version of 2020, global leaders should have been gathering this week in Glasgow for the most important meeting on climate since the Paris Agreement five years ago.

Opinion

Looking through the fog of energy transition

This current “oil crash” is the 6th that has occurred since the start of the 1980s. Some were deeper, some were longer, but on average these events have occurred every 5 years one way or the other.

Opinion

Our industry is evolving, so must our trade associations

As Chair of the International Association of Oil & Gas Producers, I have had the privilege to work with some of our industry’s brightest minds, on some remarkable projects and be reminded of the hugely positive role our sector can play.

Opinion

Trump’s Iran policy can be an opportunity for Biden

The next U.S. president will have to come to terms with “the will of the Iranian people” and end the economic war against the Islamic Republic, Iranian President Hassan Rouhani said in a speech Thursday. Bluster aside, there is a kernel of truth to his prediction — and President Donald Trump’s Iran policy may make negotiations easier for President-elect Joe Biden.

Promoted

Time to adjust and embrace new thinking

It’s fair to say 2020 has been an unprecedented year. Imagine how unlikely it would have seemed this time last year if someone had said wearing masks in a shop would now be essential, handshakes a distant memory and that we would need to brave the October chill outside the Chester Hotel and Dutch Mill to enjoy a drink?

Opinion

Political input needed for Western Isles’ link

The 20 year saga of connecting – or not connecting -  the Western Isles to the National Grid via a subsea cable across the Minch has taken a new and dramatic turn which should surely change the terms of the debate.

Promoted

Targeting floating offshore wind growth

The recent announcement by the Prime Minister Boris Johnson on his plans to drive renewable growth and make the country a world leader in offshore wind may be a turning point for the UK in seizing the opportunity to lead a low-carbon transition.

Opinion

No change without the oil industry

In the UK and particularly in Scotland the oil and gas industry remains a major employer.  It is also one of the very few providers of high value, high skilled jobs we have left and still offers a wide range of opportunities.

Opinion

Cost efficiency, the pandemic, oil prices and a silver lining

Cost efficiency. That is easily one of the most common phrases of the year with heads of business, peers, media and even family members using it when considering expenditure in 2020. To substantiate my thinking, I ran a social listening audit on conversations around cost efficiency and streamlining, paired with oil and gas, energy transition and net zero and found that conversations had increased by 7 percent from 2019 until present, which I fully expect to rise by the year end.

Opinion

Collaboration the key to a successful UK decommissioning industry

It’s around this time of year that Oil and Gas UK releases its eagerly-awaited annual Decommissioning Insight report. The study was first launched to enhance knowledge of the decommissioning market. It shows an industry with intellectual capability that needs to be shared to maintain competitiveness and efficiency.

Opinion

UK signals more assertive sanctions regime – Implications for the energy sector

There are signs that the UK’s sanction regime is poised to become more aggressive following the disentanglement from the EU. The close of the Brexit transitional period on 31 December 2020 marks the end of the UK’s obligation to enforce EU sanctions. From 1 January 2021, the UK’s sanctions regime will be independent, with sanctions imposed pursuant to a new framework introduced under the Sanctions and Anti-Money Laundering Act 2018 (SAMLA). It is important that UK companies, including those in the energy sector, anticipate the UK’s changed regulatory landscape and are aware of the potential for new sanctions in due course.

Opinion

How to show resilience in a competitive jobs market

The last six months have been some of the most difficult in living memory. With COVID-19 set to cast a shadow for some time yet, many firms will be taking a more cautious approach to recruitment – focusing on hiring those able to help build vital resilience into the business.