OTC postponed until third quarter
The annual Offshore Technology Conference (OTC) in the US has become the latest business event casualty of the Covid-19 pandemic.
OTC
Delegates leave OTC with a smile
For dozens of north-east delegates attending this year’s Offshore Technology Conference (OTC) in Houston, the trip was the place to tout for international business and make invaluable contacts.
XL Group expects to deliver leap in its revenue
An Aberdeen-headquartered technology and engineering group is on course to deliver a major jump in revenues this year.
Boost to Ace Winches from £10m Balmoral cash injection
A north-east firm that was badly hit by the oil and gas downturn is flourishing four years on thanks to a £10 million investment from the Balmoral Group.
Never bet against Liverpool … or the North Sea, OGA chief says
The UK North Sea has a lot in common with Liverpool Football Club, an industry leader said today.
Supply chain mergers likely as ‘conveyor belt’ starts moving, BGF boss says
Smaller oil and gas technology companies are on a metaphorical conveyor belt, an investment expert said yesterday.
Video: North Sea acquisitions market to stay ‘hot’, experts say at EV event
The North Sea will be a hotbed of merger and acquisition (M&A) activity if the oil price holds up, the audience heard at a bumper breakfast event in Houston today.
ASCO: Critical components of internationalisation
It’s OTC week and as such, many of you reading this will have international business development on your minds.
US energy powers ahead
As the global industry assembles in Houston for the Offshore Technology Conference, it will be in the midst of a quiet American revolution.
Huge scale of US shale
Moss Creek Resources recently set a new record for drilling a well in the Permian Basin, the onshore resource that has dramatically transformed the fortunes of the US oil and gas industry.
Ashtead invests £1.5m on new Houston base
Aberdeenshire-headquartered subsea service firm Ashtead Technology has invested £1.5 million in a new base in Houston as part of its international expansion drive.
Scottish oilfield service sector diversification ‘here to stay’
The Scottish oil and gas supply chain’s diversification into other markets is “only going to continue” as the energy transition gathers momentum, a business leader has said.
AAB reaping rewards of strong Houston links
Houston operations are making an ever greater contribution to the fortunes of an Aberdeen-headquartered accountancy firm.
Aberdeenshire man unveils his latest Texas venture
A Texas businessman who hails from the north-east of Scotland has celebrated the expansion of his business incubator venture in Houston.
A culture of technology critical to North Sea and Gulf of Mexico
It is a widely held view that the implementation of innovative new technologies will be critical to the future sustainability of mature offshore basins such as the North Sea and the US Gulf of Mexico as they compete for investment alongside other more cost competitive regions and energy sources.
Sector facing challenges but now has some belief
It may have been billed as the big 50th anniversary last year but in all honesty the Offshore Technology Conference was celebrating a little early.
Houston the place to be as confidence returns
It was nicknamed Space City and has developed a reputation the globe round for being the home of Nasa.
Debut delegates need to learn the ropes
Oil and gas technology law specialist and head of corporate for Pinsent Masons in Aberdeen, Martin Ewan, could be described as a veteran of OTC in Houston.
From adversity, good things can come, Worley chief says
Efficiency gains made by the oil and gas industry since the start of the downturn show that “from adversity, good things can come”, an energy sector chief said.
Texas entrepreneur bids to come full circle in Granite City
An entrepreneur who left Aberdeen for Texas almost 25 years ago has a burning ambition to put down roots for his company in the Granite City.
Gulf of Mexico about shift in mindset, says Shell VP
Deep-water Gulf of Mexico has always been about making the impossible possible, according to Rick Tallant, Shell’s vice-president of production for the region.
We need to look ahead
As many prepare to head across to Houston for 50 years of OTC, it’s worth noting that, while there will be a Golden Anniversary Gala Dinner to mark that milestone, the opening session of the conference is about the next 50 years for our industry.
‘Fantastic response’ to Balmoral’s new cost-saving technology
Aberdeen firm Balmoral Group said a cost-saving product it is showcasing at the Offshore Technology Conference in Houston has had a "fantastic response" from industry.
US Gulf set for ‘big year’ of M&A deals
The US Gulf of Mexico is in the midst of a “big year” of mergers and acquisitions, a top analyst has said.
Balmoral answers industry demand with new foams
Balmoral has completed an extensive R&D programme to develop a new range of low-density syntactic foams.