New technologies to scan deeper waters for undiscovered oil are poised to bring all the excitement of space exploration to the global offshore energy industry.
The Energy Industries Council (EIC), the trade association for UK companies that supply goods and services to the energy industries, will be the largest single exhibitor at Offshore Europe in Aberdeen next month.
Low oil and gas prices steered Aberdeen hotels to double-digit percentage falls in both occupancy and revenue for the second month on the trot, a new report says. And there is uncertainty as to whether hotel prices will be ratcheted up for next month’s Offshore Europe conference, a common practice in the Granite City. Aberdeen hotel rooms generated £52.45 a night on average in May, down an alarming 30% year-on-year, according to accountancy network BDO’s survey of three and four star establishments. Edinburgh, Glasgow and Inverness all experienced strong increases in revenue, though the Scottish capital was the only location to enjoy a rise in occupancy.
Industry body Oil and Gas UK is hosting a series of regional briefing sessions to discuss the findings of its 2015 Economic Report.
A £15million investment at Montrose harbour will help it compete for lucrative offshore oil and gas decommissioning work in years to come, according to the port's operator.
£250 a night to stay in a kid’s tree house! Worse still is being stranded in the Aberdeen Exhibition & Conference Centre (AECC) car park. The oil price isn’t what it was, but some things remain the same. I recently slept in a hotel room that will cost £3,364.09 for Offshore Europe. I have heard a speaker in the hotel’s function room equivocally refer to it as “beauty comes in many forms”. At least the hotel fits in with the Aberdeen industrial estate around it. My own experience wasn’t bad, but Northsound over breakfast was more couthy than continental and I wasn’t tempted to pack the hotel’s toiletries. Hopefully its September visitors will get more VIP treatment; good news that the Marcliffe Hotel is still with us to set the standard.
Aberdeen company Plexus Holdings will unveil its new subsea wellhead, developed in partnership with Python consortium partners, on September 8 during the city's Offshore Europe oil and gas show.
Oil and gas companies are snapping up exhibition stands at this year’s Offshore Europe (OE) conference in Aberdeen as quickly as ever, despite the current downturn in the energy sector. OE’s spiritual sister on this side of the Atlantic – ONS Norway – was cancelled and just last week BP said it would not exhibit at the biennial OE conference this September, with the low oil price citied as a factor in both decisions. Concerns that OE could be a quiet affair this year appear to be unfounded, however.