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Opinion: Achieving cost savings in a challenging market

There are many challenges facing the energy sector, and reducing operational costs is just one. When your business specialism requires your people to travel to some of the world’s most inaccessible places, those journeys can often have an appropriate price tag.

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Opinion: The changing ownership of oil and gas infrastructure

The UK’s offshore pipelines and terminals were constructed to export production from the owners’ own oil & gas fields. Although tariff income was generated as third party owned fields were tied-back, that income was small relative to the revenue from the infrastructure owners’ own production. The field owners retained ownership of the infrastructure so that they could control the export route for their existing fields and for discoveries and prospects they may wish to develop in the future.

Opinion

Opinion: Navigating the black expanse of $30 oil

Where do efficiency savings and productivity gains come from when the obvious wastage is eliminated? When the headcount requires no more than a couple hands and a foot? That’s the question facing many of us now as the black expanse of $30 oil spreads out before us.

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Opinion: Is the love affair with pensions tax relief over?

The UK’s pension population’s love affair with pensions tax relief started when the Finance Act 1921 introduced tax relief for contributions to occupational pensions. Now, 95 years later, are we about to see the end of the traditional way in which tax relief is given on pension contributions?

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Scottish Cycling announce new sponsorship ahead of Glasgow Revolution Series

Scottish Cycling is delighted to announce a new sponsorship with leading Scottish commercial law firm Burness Paull. The firm has been named Official Legal Advisor to Scotland’s National Governing Body for cycling and title sponsor of the Scottish team competing in the UK’s premier Track series. Seven riders from Scottish Cycling’s Performance Development programme and four of Scottish Cycling’s Future Stars will be riding alongside stars such as Laura Trott, Geraint Thomas and Katie Archibald in Round 4 of the leading track cycling series under the new team title of Scotland Burness Paull.

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BT leads apprentice agenda

More young people should be encouraged to pursue apprenticeships as an attractive, viable career path, an industry leader has said. Fraser Rowberry, who heads up BT’s local network business Openreach in Scotland, said any view of apprenticeships being considered a fallback option to university couldn’t be further from the truth.

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Opinion: Ten minutes on decommissioning

Robin Clarkson and Rona Jamieson of legal firm Burness Paull LLP discuss the challenges and complexities of decommissioning - and the need to take advice at the earliest possible stage to avoid potentially significant pitfalls.

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Aberdeen first for Wings Energy Academy graduates

For oil and gas companies, ensuring staff are able to travel to vital projects is a necessary but expensive operation that every business wishes could be made simpler and cost less. Staff at Wings Travel Management’s Aberdeen office have undertaken an extensive course to help their clients become more efficient in deploying personnel around the globe. The five-strong team of travel specialists is among the first “energy champions” to graduate from the Wings Energy Academy, a unique 12-month educational programme, launched last year by the global oil and gas travel company. Split into four phases, the year-long programme focussed on four different roles in the industry – roughneck, derrick-hand, driller and rig manager. In addition to providing an overall view of industry, the course covered topics such as types of drilling platforms, rotational schedules and what life is like for a rig worker. The final stage required students to study one of their oil and gas clients in detail and identify ways in which Wings could enhance its travel management services to support the client’s business more efficiently.

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DH Marine eyes success with innovative technology

The decision to expand a company’s remit and move into an unknown sector can often be problematic. But for DH Marine those initial steps 10 years ago paid off after the privately-owned company won its first major oil and gas work and then subsequent contract with BP at its Sullom Voe Terminal (SVT). The Shetland-based firm started off with just a few members of staff based in Lerwick on the Shetland Islands at the turn of the millennium.

Events

OTC 2015: There is more to Houston than NRG Park

With so much to take in at this year’s Offshore Technology Conference (OTC), one can forget that Houston is an exciting city with many things happening beyond the walls of the NRG Arena. While attending OTC you definitely want to connect with industry leaders, but don’t forget to explore what the Houston market can offer your company. The Greenspoint District is ready to help you explore your options.

Energy Technology

Lloyds Register Energy forms strategic alliance

Lloyd’s Register Energy has formed a strategic alliance with MaxGrip. The move will see the development of a new risk-based inspection (RBI) software module called ‘strEAM+RBI’. The collaboration leverages Lloyd’s Register Energy’s market leading integrity engineering and RBI experience with MaxGrip’s expertise in software development and its strEAM+ framework. It offers a unique software solution that directly embeds into an enterprise’s asset management application, including IBM Maximo, SAP and INFOR EAM. Andy Scott, VP asset integrity services Americas, Lloyd’s Register Energy, said: “Companies operating in asset intensive industries are seeking ways to balance long term decisions with day to day operational challenges.

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Statoil’s Gunnar Breivik: “We will be here in 40 years’ time”

Statoil's Gunnar Breivik sounds confident as he makes the firm statement. But more than being confident, the managing director for Statoil Production UK is comfortable with the commitment. And rightly so. As the North Sea celebrates its 50th year, a fresh new generation of explorers has emerged eager to carry the torch for innovation. Statoil is at the forefront of the pack. Statoil has historically dominated the E&P scene on the North Sea's Norwegian divide. But the Norwegian giant is now looking to balance its board.