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Opinion

Opinion

2012: shaping up to be a busy deals year

The past year has been a rollercoaster ride for oil and gas investors to say the least, with volatility being the theme which dominated the headlines. That said, we look forward with cautious optimism towards what 2012 may bring.

Opinion

Tax and the Debt Crisis

The last few years have undoubtedly been some of the most turbulent in economic history. The tightening of credit conditions has had a major impact on governments' finances with many countries taking radical steps to balance the books and finding their ability to repay debt being closely scrutinised.

Opinion

Why confuse existing safety case?

MANY of you may be aware that when the European Commission announced its proposal to bring the whole of Europe's offshore oil and gas regimes up to a standard similar to that of the UK Continental Shelf, it acknowledged that Britain's safety regime is already a global exemplar.

Opinion

Don’t cry for me, Argentina

ROCKHOPPER Exploration updated the market last month with interim results, and with them, a revision to its development plan for the Sea Lion field.

Opinion

Time’s up for offshore time-off cases

THE long-running saga around holidays for offshore workers appears finally to have been brought to a close, with the decision of the Supreme Court handed down on December 7 in Russell and others v Transocean International Resources Limited (Scotland).

Opinion

High oil prices and the economic recession

SOME people used to call me Dr Gloom because of my economic forecasts for the Scottish economy. I felt that was unfair because I have actually had an accurate forecasting record over the last decade and rarely been more pessimistic than the actual outcomes.

Opinion

Shale & Shale Alike

LAST month, a FTSE100 company announced plans to spend $4.5billion on developing its interests in various US gas fields. Nothing unusual in that you say; however, but the business in question is not an oil & gas company, but a miner.

Opinion

The myths of ‘jobs joy’

WHENEVER I see the words "jobs joy" in a headline, I skip the first six paragraphs in order to search for the nitty-gritty. Does the project exist or is it proposed? Therein sits a crucial world of difference.