With crude oil prices sitting in the low $30s due to the impact of a global pandemic, the oil and gas industry will have to be creative in how it responds to the impact around the world.
It’s no secret that the situation the world finds itself in is an unprecedented one.
Global integrated materials and logistics management company ASCO has built a strong reputation leading the way for logistics shared service models in the oil and gas sector. With many similarities existing between offshore wind and upstream oil and gas operations, ASCO is now using its capabilities to support supply chain optimisation in the renewables sector. ASCO general manager Southern North Sea (SNS) Alisdair Duncan gave us an insight into how ASCO is drawing upon its 50-plus years’ experience in the oil and gas sector to service clients working in the SNS basin, where there is a growing emphasis on renewable energy.
Aberdeen-headquartered Cortez Subsea champions new and proven technology to offer one of the most cost-effective pipelay methods in the world.
The Covid-19 pandemic is driving us to find new ways of getting things done. In these uncertain times, digital technology is leading the way.
Most people in the oil and gas industry will be aware of the term “functional safety”.
If we are to stick within the Paris targets, the OECD estimates that $70 trillion of investment in decarbonisation will be needed over the coming decade. This begs the trillion dollar question; where’s the cash going to come from?
Cortez Subsea has strengthened its pipeline engineering capabilities with the formation of a new team in Cairo.
Aberdeen-headquartered Cortez Subsea is using cutting edge, 3D technology to achieve success in the global inspection market.
Texo DSI has delivered inspection and survey data offering unique insights to the owners and operators of a range of North Sea assets across oil and gas and the renewables energy industry.
According to the International Renewable Energy Agency (IRENA), the energy transition is defined as ‘a pathway toward transformation of the global energy sector from fossil-based to zero-carbon by the second half of this century’.
Heart disease is the single biggest killer in Scotland. It acts as a huge burden on the NHS, with someone in Scotland being admitted to hospital due to a heart attack every 50 minutes. It causes daily devastation, with coronary heart disease causing around 18 deaths every day.
Aberdeenshire-based Red Rooster Lifting continues to be at the forefront of development within the lifting industry. Building on the demand for Red Rooster rental equipment, there has been a significant investment for 2020 in a range of bespoke designs offering customers the supply, rental, and servicing of the best-powered lifting and load measuring solutions in the world.
Few would doubt that the global energy industry is facing huge challenges as it transitions to a low carbon future. But most would agree that, with the sector’s usual combination of innovation and commitment, these can be overcome.
Safety and engineering experts will deliver talks at PIM’s upcoming integrity management event, ‘Sustainability, integrity management and the North Sea’.
The oil industry has some great female role models among its leaders – just here in Aberdeen, Deirdre Michie and Colette Cohen spring immediately to mind.
Since first opening its doors in 2008, Genny Hire has gone from strength to strength. Sadly, in May 2019, one of the directors, Peter Emslie, passed away. But Peter’s ethos and “can do” spirit is well and truly alive within the Genny Hire team.
Subsea technology and services company, Cortez Subsea, enjoys success in the global inspection market thanks to its 3D technology.
Alaskan focused oil and gas group, 88 Energy Ltd (ASX:88E) provided a further update on Monday regarding the progress of the group’s Charlie-1 appraisal well on the North Slope of Alaska.
Dual listed junior oil explorer 88 Energy Limited (AIM: 88E | ASX: 88E) is just weeks away from spudding its Charlie-1 appraisal well at Project Icewine on the North Slope of Alaska.
Our industry is facing a tremendous challenge as we tackle the energy transition, and developing a workforce that is multi-skilled, flexible and technology-enabled is critical.
The energy industry changes quickly, and companies often find themselves hard pressed to maintain or even improve worker safety while increasing productivity and sales.
Statistics show that one in four of us will experience a mental health problem in any given year, but many are too afraid to talk about it.
Texo Group has started the year with a new focus and a number of key projects being delivered for clients in the energy industry.
Can we really be creative in an industry like oil and gas that’s bound by regulation and where failure can have major implications for safety?