Opinion: More mergers on the cards as oil & gas enters the consolidation phase
Large scale mergers are on the up.
Large scale mergers are on the up.
Hundreds of representatives of North Sea companies braved the downturn to attend the Offshore Technology Conference 2016 in Houston.
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.
Since the so-called Implementation Day, the 16th January 2016, Iran has been firmly back on the agenda.
The Offshore Contractors Association and the oil and gas industry breathed a sigh of relief on Friday, when the long awaited outcome of the trade union ballot on the latest and what was reported to be final offer on terms and conditions of employment for offshore workers, was finally approved.
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.