Over a third of the UK’s carbon emissions are generated by the 80 percent of domestic homes currently using natural gas for heating and cooking.
Reuters Events Global Energy Transition forum to bring together industry leaders to address the transition to a low carbon, sustainable and secure energy system
The 6th edition of Go Digital Energy, a business conference focused on sharing the best digitalisation practices to achieve efficient and sustainable operation will take place on the 7th and 8th of June in Amsterdam and online.
When Crown Estate Scotland announced the outcome of its application process for ScotWind Leasing in January, it marked the first Scottish offshore wind leasing round in over a decade. It also demonstrated one of many ways our industry is actively focused on reducing its carbon footprint.
Oil and gas leaders including Chevron, ExxonMobil and BP to unlock secrets of data-driven operations this June
The foremost digital strategists of the oil and gas sector will descend on Houston, Texas, this June to reveal unique insights into data-driven operations.
Energy Voice’s latest monthly supplement has been published with The Press & Journal.
Energy Voice's latest monthly supplement has been published with The Press & Journal.
Over the last month, we’ve seen the start of several new partnerships which will look to accelerate Scotland energy’s future.
This is the final in the three part series, by Snowflake, examining the concept of net zero data and how advances in technology can help the world’s largest organisations—especially those which are particularly emissions-intensive like oil and gas—reduce the carbon emissions footprint of their data. See for Part one and Part two.
This is the first in a series, by Snowflake, examining the concept of net zero data and how advances in technology can help the world’s largest organisations—especially those which are particularly emissions-intensive like oil and gas—reduce the carbon emissions footprint of their data.
During an intense period of challenge for the energy sector in the midst of a global pandemic, securing the future of Aberdeen as Europe’s oil and gas capital has never been more important.
This coming decade will be defined by three historic, global challenges: building a resilient recovery from the devastating Covid-19 pandemic; achieving the UN goal of universal access to energy for all populations; and charting an ambitious course - at COP26 and beyond - for tackling the threat we all face from the climate emergency.
As one of the most unusual years in all of our lives draws towards a close, we have been asked to share a few reflections on the effects felt in the energy sector.
Covid-19 has caused an unprecedented global economic and social crisis. The pandemic has significantly affected all aspects of life. Almost overnight the world as we knew it began to spin on a completely different axis.
While the immediate priority is survival, senior management of exploration and production (E&P) companies will also be looking to the future, seeking ways to access the capital required to bring undeveloped oil and gas discoveries into production and lower carbon dioxide emissions.
As a leader in the sale of surplus industrial assets, Liquidity Services is pleased to inform you about an upcoming online auction of surplus offshore equipment on behalf of BP North Sea in Aberdeen.
Lerwick harbour continues to add to its reputation as a leading support hub for the oil and gas industry in northern waters through its contribution to the offshore sector’s operations west of Shetland.
DecomWorld – part of Reuters Events- today announced the global E&P delegations already confirmed to attend their 2020 Decommissioning and Abandonment Summit along with an international operator speaker faculty
BP’s aim to balance its carbon footprint takes a substantial leap forward with the announcement that the project portfolio will expand its offsetting mandate this year.
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.
Oil major BP has received consent from the Petroleum Safety Authority (PSA) to use the Valhall DP and PCP facilities beyond their lifetime. BP wishes to use the DP facility as a wellhead platform until the wells are decommissioned, plugged and closed down.
Wood Group PSN has been awarded a five year contract from BP worth an estimated $750million. The contract will deliver engineering, procurement and construction services to six UKCS offshore upstream assets and the FPS (Forties Pipeline System) onshore midstream facilities in Grangemouth. The contract win will create 150 new jobs and secure more than 700 existing positions.
Oil major BP said deeper cuts could be made to its 2015 budget on the back of OPEC’s recent position and falling oil prices. The company has already announced up to $1billion in restructuring costs as it cuts thousands of jobs across its global oil and gas business. BP head of upstream, Lamar McKay, announced the company’s future plans at a meeting of investors in London.
Oil major BP said it expects to incur restructuring charges of $1billion over the next five quarters. The company will present its future strategy to investors in London following an announcement earlier this week that job cuts would be made. Chief executive of BP Upstream, Lamar McKay, and a senior members of the management team are set to outline its changing position on the back of falling oil prices.
As oil prices keep falling, BP is among Norwegian oil producers having to take a hard look at whether to kill off aging offshore fields earlier than planned because squeezing out the last barrels might not be worth it. BP is currently deciding on plans for the five fields it operates in Norway in a study to be completed in the first half, said Jan Erik Geirmo, a Stavanger-based spokesman. “Falling oil prices, lower production and more demanding operations, in addition to significant costs for shutting down and removing old installations and platforms, are continuous challenges that may have an impact on the lifetime of some of our fields,” Geirmo said in an e-mailed reply to questions. What goes for BP also goes for an industry hit by squeezed margins even as the government demands it meet commitments to keep investing to ensure resources are exploited in full.