Corrosion erodes safety margins and bottom line


In this, the first of a series of bi-monthly articles, I’m taking a general look at how financial decision-making during new offshore construction may have long-term consequences due to degradation mechanisms.


Oil price and Big Oil; But what about the SMEs?


Rebalancing the oil & gas market has brought sharply into focus the role of subject matter experts and small-to-medium enterprises (SMEs) as problem solvers via indirect and creative approaches, typically through viewing problems in a new and unusual light to deliver innovation.


Event: Preparing for the future of energy – thriving in complex and uncertain times


The Price College of Business Energy Institute at the University of Oklahoma will host its fifth annual Energy Symposium, March 30, 2017, at the Devon Energy Center in Oklahoma City. The event will feature two panel sessions: “Forces Shaping the Future of Energy – Global and U.S. Big Picture” and “Challenges and Opportunities in the U.S.” The sessions will focus on the impact of technology and innovation in areas such as global supply and demand. Speakers from areas in business and academia will encourage discussion on challenges facing the energy industry. Energy Institute board of advisors members, Mike Stice and Bruce Stover, will moderate both panel sessions.


Thinking of selling your business? What you need to know here


The number of Mergers & Acquisitions (“M&A”) completed within the UK Oil & Gas market during 2016 was significantly lower than we have seen in recent years as uncertainty throughout the sector remained. 2016 was a year of adapting to the lower oil price and for most businesses this was achieved by reducing costs. However, confidence is gradually returning and we are seeing more corporate buyers and investors actively looking for acquisition opportunities.


Opinion: Integrating integrity in an aging environment


As operators and duty holders battle to reduce production costs in a mature basin with aging assets, increased focus must be placed on the cost effective safety and integrity management of these declining production profile assets . A challenge indeed!