technology

Opinion

Opinion: Transformational technologies – learning from the past

The Oil and Gas Technology Centre (OGTC) is calling for technologies to transform how we develop the remaining UKCS hydrocarbons. That prompted me to think about transformational technologies I’ve seen in my 40-plus years as a chemical engineer. Could we learn from past innovations?

Opinion

Opinion: It’s time to get excited about the North Sea again

Recent M&A activity as well as ongoing discussions within the UK North Sea Oil and Gas industry is shaking many traditionalists. The renewed interest from smaller operators in growing their presence in the region and the arrival of private equity businesses as the new owners of exploration and production companies will mean leaner operations, with shrinking workforces an inevitability.

Opinion

Opinion: A technology strategy for our times

Technology innovation is going to play a critical role in the next chapter of oil and gas recovery from the UK continental shelf (UKCS) and in driving export growth in our UK-based supply chain.

Oil & Gas

Rovop adds to collection of ministerial visits – and hails $4m of new business

Aberdeen-based remotely operated vehicle (ROV) service provider Rovop has announced over $4million (£3million) of contract wins spanning the North Sea, Gulf of Mexico, West Africa and Europe. The company, which was visited by Greg Clark during his first visit to Aberdeen in his role as the Secretary of State for Business, Energy and Industrial Strategy, has been awarded several new contracts across the oil and gas and offshore wind sectors. The contracts are with several new clients across a number of sectors and include construction support, cable lay and protection, survey and inspection repair and maintenance (IRM).

People

READ Cased Hole hires manager to spearhead growth plans

Aberdeen downhole well integrity specialist READ Cased Hole (READ) has appointed its first ever global business development manager to spearhead the company’s expansion drive. The role has gone to Gavin Lindsay, who previously held director level positions with a major oilfield services company. READ, whose headquarters are in Bridge of Don, decided to create the position after being emboldened by a number of contract wins and technology launches earlier in the year.

Renewables/Energy Transition

Scottish university spin-out targets renewables market following six-figure investment

A Scottish university spin-out which makes sensors for detecting faults on electricity grids has scooped investments totalling £370,000. Synaptec plans to use the money to hire more staff members and break into the renewable energy and subsea markets. The batch of funding came from business angel syndicate Equity Gap, the Scottish Investment Bank, Scottish Enterprise, and Strathclyde University, where the company originated.