Anderson Anderson and Brown Corporate Finance is delighted to share with you our quarterly Deals+ update for Q2 2020 in conjunction with Energy Voice, highlighting selected oil and gas mergers and acquisitions and fundraising transactions across the UK
The first half of 2020 has brought a very real and tangible meaning to some of the newest industry buzz words; “unprecedented”, “disruptive”, “challenging”.
Orkney Harbours is one of the most diverse and successful council-run port authorities in the UK.
The energy industry is in the midst of a deep and wide-ranging digital transformation. While Covid-19 and lower oil and gas prices have disrupted many investment programmes, the direction of travel is clear – the industry needs to continue to invest in innovation and the development and deployment of new processes and technologies. Not to do so risks being left behind.
If Covid-19 has taught the world anything, it is that the power of digital technology to save time and money and improve our lives was not being used to its full advantage.
A digital solution for materials selection in oil and gas is now at the fingertips of users across the industry.
Most companies struggle when it comes to managing risk. This is because they tend to make it more complicated than it needs to be and this leads to people in the company becoming confused, disinterested and ultimately making the whole process harder. Risk management doesn’t need to be a complex process, in fact, it’s most successful when it’s kept simple.
Semco Maritime Ltd have been awarded a yard stay project with Altera Infrastructure for their FPSO asset Voyageur Spirit to be moored at the West coast of Scotland port facility.
When a line is drawn connecting dots, the outline of a bigger picture becomes clear. This is the premise of ENGAGE, a game-changing and intuitive asset integrity platform that supports integrity needs across the full asset life cycle. Brought to market by CAN Group, ENGAGE connects the dots between asset data and integrity, streamlining engineering and inspection processes and driving efficiencies.
Batteries for subsea use are common, with applications ranging from small sensors and instrumentation, through to fully autonomous robotic vehicles. The next big leap for subsea battery systems in oil and gas is electrification of hydrocarbon production facilities. EC-OG is ready to take on the challenge with our Halo Subsea Battery Storage system.
Mental health awareness has had an increasing profile in the energy sector over recent years. Perhaps now, more than ever, maintaining good mental health is particularly challenging, with fears of redundancy, furloughing and family ill-health all posing a potential distraction from safe operations.
Last summer, we announced that ASCO had been awarded a substantial grant from the Norwegian Coastal Authority in order to support a state-of-the-art digitalisation project that would increase efficiency at our Norwegian base in Tananger, through electronic data capture.
As pressures in the offshore energy industry continue, operators, vessel owners and drilling companies are paying ever closer attention to the resilience of their supply chain partnerships.
The acceleration of digitalisation during the coronavirus pandemic has brought into sharp focus the opportunities for digital technical training within the oil and gas sector.
The Offshore Achievement Awards (OAA) is gearing up for its first ever virtual awards ceremony, allowing finalists and winners to be celebrated by industry on Friday, August 14, 2020.
Even in this time of great uncertainty caused by the Covid-19 pandemic and lower oil prices, corporate M&A and private equity investment in the energy sector is not dead.
The global debut of PipeTracer technology in the North Sea showed how the digital transformation of the tubular supply chain can drive efficiency to the next level, in an oilfield province that is embracing every opportunity to reduce costs.
Covid-19 has had an unarguably dramatic and far-reaching impact on everyone, and on organisations of all types – we have all felt the effects of lockdown and the economic slowdown. However, even as we saw a fall in revenue at the port due to reduced oil and gas activity and fewer ferry sailings, the pandemic brought out the very best in our employees, stakeholders and customers.
Data is key to good decision making in all sectors of industry and society and the Technology Leadership Board Digital Technology Theme highlights the truly disruptive potential of digital technologies. As we move towards a net zero economy, only through exploiting cross sectoral data can we achieve the potential of digital technologies, thereby aiding a smooth and sustainable energy transition. Combining data from the oil and gas and the renewables sectors with the nascent hydrogen and carbon capture and storage (CCS) industries will provide a platform for the best decision making. At the National Decommissioning Centre (NDC) we are initiating several projects which will help deliver this.
The energy sector today is a constantly changing, evolving and complex landscape. It is continuously seeking to find an equilibrium in the turbulence of supply and demand, fossil fuels and renewables, and survival and growth. All of which is underpinned by fierce competition for investment.
Siemens and Dron & Dickson partnership creates promising competition for fire and gas electrical equipment supply
Siemens world-renowned fire safety products, systems and solutions safeguard assets from fire risk. This teamed with Dron & Dickson’s UK wide distribution capabilities and electrical engineering expertise have created a powerhouse in Fire & Gas Engineering for hazardous and industrial areas, both on and offshore.
Alaska’s North Slope basin has a long history of successful oil discoveries — recent discoveries have included the two largest conventional oil discoveries onshore North America in over 40 years.
Oil and Gas Corrosion Ltd (OGC) welcomes Yunnan Gao as Principal Consultant.
During this time of reflection, 32 years on from the Piper Alpha disaster, we must not forget the survivors, family and friends of those who lost their lives.
The energy industry has taken steps to try to improve its safety record but too often it falls short.