Recovery - a topical word and resonating with people around the world as they deal with the fallout from the pandemic and chart a hopeful path to the future. Times are uncertain but as OGUK’s director of supply chain and operations, I believe an integrated, more collaborative approach is key to restoring the health of the UK oil and gas industry.
The Covid-19 pandemic has put PPE “higher on anyone’s list than ever before”, according to the European boss at Red Wing, driving home the importance of a reliable supplier.
Next month, Aberdeen is set to become the first city in the world to introduce revolutionary hydrogen powered double-decker buses. This is not the first time Aberdeen has been a world leader in the adoption of hydrogen for transport. The UK’s first hydrogen production and bus refuelling station opened in the city in 2015, and the arrival of these new vehicles will complement Aberdeen’s existing fleet of 10 hydrogen buses and enhance the city’s role as a pioneer in the adoption of green energy for public transport.
Identification of principle risks has been an important part of board discussions for many years, but I am not sure that "global pandemic" would have been at the top of many companies’ risk registers.
When OceanTools initially set out to develop a world-leading dye detection system, it was determined to create the best possible solution to introduce to the industry.
The clock is now ticking to reach the target of Net Zero by 2050 in the UK (2045 in Scotland). The oil and gas industry is a critical part of this transition to net zero and has the potential to be the leader in developing the solutions which will unlock a new, low carbon economy. This pivotal role of the oil and gas industry was clearly recognised recently by the Scottish Government with the £62 million Energy Transition Fund to support net zero projects.
This has been a year of great challenge, not just in our industry but also across the UK and globally.
Now more than ever, our customers in Europe, specifically the North Sea, are demanding technology and solutions to increase the productivity and efficiency of their operations, both to achieve their carbon reduction goals and to navigate the current macro environment.
Despite severe challenges in the oil and gas sector and problems caused by the global pandemic, the team at Texo Group has continued to meet client demand in a range of sectors.
For several years, the aerospace, automotive and other engineering sectors have used concurrent engineering – a mixture of design, analysis, modelling and simulation working together - to provide a product or solution in the most efficient manner. There is now the opportunity to apply similar techniques within the energy sector.
As the oil and gas industry doubles down on operational efficiency efforts in response to the ongoing challenges surrounding the global pandemic and low oil price, a leading asset integrity and maintenance consultancy is urging companies to focus on activity that will maximise the potential for savings without increasing risk or compromising safety.
Gabriel Podskubka, Tenaris Eastern Hemisphere President, speaks exclusively to Energy Voice about the company’s response to the Covid-19 outbreak, the lessons learned, and its ambitions for the future.
This year will be remembered for many complex challenges and changes. It may also be the year that many business leaders truly discovered what leadership is all about.
There are as many opinions of good leadership as there are management books and business schools. For me, the important priorities are being honest, transparent and authentic, having a clear vision of your goal, a clear strategy to reach that goal, and the empathy, energy, commitment and confidence to inspire your team to work collaboratively towards it. It is also important to innovate, to do things differently, to find new ways, to be agile and to be supportive. Communication of all of this is key.
People questioning the oil and gas industry’s sustainability is not a new phenomenon. Far from it. For years oil companies, governments, investors and other stakeholders have questioned the sustainability of the industry and the need to address environmental, social and governance issues (ESG).
Over the past few months the team at Katoni have proudly stepped forward as pioneers (or should that be Guinea pigs) in Energy Voice’s new Xpertise Series.
ROC Health is proud to announce a major milestone for a start-up healthcare business, whilst celebrating 10 years of success this August.
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.
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.
A digital solution for materials selection in oil and gas is now at the fingertips of users across the industry.
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.