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OGV Energy's Europe Energy Review – May 2022

OGV Energy's Europe Energy Review – May 2022   The European Union’s efforts to reduce its energy dependence on Russia, oil and gas developments and discoveries offshore Norway, and a number of low-carbon deals and announcements were the highlights of Europe’s energy sector in April.       Oil & Gas In response to the Russian invasion of Ukraine and in an attempt to reduce Vladimir Putin’s revenues from energy exports, the...

OGV Energy's US Energy Review – May 2022

OGV Energy's US Energy Review – May 2022   While the US Administration is releasing a record amount of crude oil from its Strategic Petroleum Reserve (SPR) to combat the highest petrol prices in America in eight years, the US oil and gas industry is calling for long-term solutions to the economic pain at the pump and long-term energy security in which oil, gas, and petrol prices will be less dependent on the likes of Vladimir Putin and his war in Ukraine.  The US oi...

OGV Energy's Middle East Energy Review – May 2022

OGV Energy's Middle East Energy Review – May 2022   The OPEC+ group left its crude oil production plan for May unchanged at its latest meeting, while OPEC, dominated by Middle Eastern producers, revised down its global demand growth estimates for 2022, in view of renewed COVID lockdowns in China and the Russian war in Ukraine.   Over the past month, the major state-owned oil and gas firms in the Middle East have signed deals to work on advanced fuels and to exp...

ASSET INTEGRITY in the energy industry – May 2022 Update

ASSET INTEGRITY in the energy industry – May 2022 Update   Ensuring the safe, reliable, and efficient performance of the assets in the energy industry is crucial for providing the world with the oil and gas and renewable power sources. Operational efficiency, risk management, condition monitoring, and maintenance schedules are key parts of the asset integrity management systems (AIMS), which make sure that oil rigs, oil fields, pipelines, refineries, and power plants perform up...

Net-Zero 2050: A Chain Reaction in Every Link - Why support from SMEs is vital in our industry’s journey to energy transition.

Net-Zero 2050: A Chain Reaction in Every Link - Why support from SMEs is vital in our industry’s journey to energy transition.    As fuel prices increase globally, and with renewed urgency to divest from foreign imports, our domestic oil and gas industry faces steep challenges to support the UK to fulfill its net-zero commitment by 2050. Business leaders across every sector must ask themselves, what changes can, should, will we make to positively impact the energy trans...

Re-Gen Robotics secures the safety and integrity of your tanks

Re-Gen Robotics secures the safety and integrity of your tanks   Managing Director Fintan Duffy discusses how his company supports some of the world’s most respected oil majors through his company’s tank maintenance solutions. Last December Re-Gen Robotics picked up three Energy Industries Council Awards for our services to the oil terminal industry including: The Innovation Award for delivering enhanced products, services and strategies to meet specific client needs an...

TEXO Asset Integrity - a one-stop solution for asset inspection, repair and maintenance

TEXO Asset Integrity - a one-stop solution for asset inspection, repair and maintenance   TEXO Asset Integrity offers a one-stop solution for asset inspection, repair and maintenance, deploying multi-disciplinary teams to minimise time spent in high-risk environments. Utilising dedicated resources and state of the art technologies, we provide a seamless project management and integrity solution. TEXO Asset Integrity has some of the most exciting opportunities across the business. W...

QHSE Aberdeen - A people-first approach to asset management

QHSE Aberdeen - A people-first approach to asset management   QHSE Aberdeen is a leading provider of professional consultancy and advisory services to organisations that require assistance with developing and implementing robust ISO management systems. The company specialises in the creation and implementation of bespoke quality, health and safety, and environmental solutions that not only comply with the latest industry standards but allow clients to document their operations in a...

How Data Is Driving Energy Projects of the Future

How Data Is Driving Energy Projects of the Future   With the ability to optimise design, manage supply chains, conduct predictive maintenance and more, digital twin technology is powered by data. And so, the data must be trustworthy and system-ready. Following socio-political pressures towards net-zero, the war in Ukraine has compounded the dire need to advance energy development. EPC contractors and owner-operators need facility systems that optimise output while minimising impact...

CAN Group - Keeping Integrity in Sight

CAN Group - Keeping Integrity in Sight    Extending the operational life of a portfolio of aged North Sea assets continues to be an ongoing challenge; doing so without compromising quality, safety or integrity is critical to ensuring that these assets can continue to operate reliably for years to come. Recent world developments have brought sharp focus onto the North Sea, and the wider UKCS, to drive self-sufficiency in terms of energy needs, both in the short and long term....

Asset Performance & The Industrial Internet of Things: Transforming refineries into mammoth smart devices

Asset Performance & The Industrial Internet of Things: Transforming refineries into mammoth smart devices   The immense strides in nanotechnology, producing infinitely smaller chips, sensors and machine parts, were originally driven by the quest for compact portable smart phones, tablets, laptops and space applications. This technological progress has triggered the transformation of massive industrial systems like oil refineries into immense smart devices. As smart phones have...

Data Quality and Governance: The Key to Digital Transformation

Data Quality and Governance: The Key to Digital Transformation   Machine learning and other data science techniques all require the same thing – access to good quality data in a leverageable format, and the energy industry needs to accelerate digital transformation to reduce costs, increase efficiencies and remain competitive. Having produced hydrocarbons since the 1970s, the UK Continental Shelf (UKCS) has accumulated a wealth of information that the industry now needs to ma...

Industry response to the Government’s Energy Security Strategy

Industry response to the Government’s Energy Security Strategy   The Government’s Energy Security Strategy has caused quite a stir in the UK, with increased ambitions for renewable energy production. This major acceleration towards “homegrown power” is a direct response to both recent events in Ukraine and a growing appetite for clean energy over the past decade. For many in the clean energy sector, the new targets set out provide a welcome boost to the industr...

People in Energy – Clarke Shepherd, Global Business Development Director, Oil Plus

People in Energy – Clarke Shepherd, Global Business Development Director, Oil Plus   A highly experienced and creative Global Business Development Director who has demonstrated the ability to lead diverse teams to create, close and successfully execute major project level business in the Oil & Gas Industry. Broad technical and business experience in the industry. Track record of positioning and developing business in new markets in the N. Sea, CIS, N. Africa, Middle East,...

Navigating Current Sanctions

Navigating Current Sanctions Lisa Kinroy & Katie Love, Brodies LLP   EU sanctions have been in place against Russia since 2014 in respect of Russia's annexation of the Crimea, and sanctions and export controls were imposed by the UK, on exit from the EU, as set out in the Russia (Sanctions) (EU Exit) Regulations 2019 ("the 2019 Regulations"). Following Russia’s invasion of Ukraine, a broader range of sanctions and export controls has been imposed by the U...

OGV Energy's UK North Sea Energy Review – May 2022

OGV Energy's UK North Sea Energy Review – May 2022   The UK’s Energy Security Strategy and plans to reduce reliance on energy imports, as well as operational and development outlooks for oil and gas fields featured in the UK North Sea oil and gas sector in the past month.  The UK government unveiled in early April its Energy Security Strategy, following rising global energy prices and volatility in international markets after Russia invaded Ukraine. The strate...

Simplifying how you use data today ‘A modern data platform’

Simplifying how you use data today ‘A modern data platform’   The UKCS Data and Digital Maturity survey conducted in 2020 identified that “Data is the foundation of digital, governed, accessible and connected datasets provide the basis for digital to add value”. The study also identified that increased availability and access to data, improving the quality of data and broadening the level of insights from data were three of the top digital value drivers for the...

Re-Gen Robotics - Disruptive innovation in the oil tank cleaning sector

Re-Gen Robotics - Disruptive innovation in the oil tank cleaning sector   Fintan Duffy, Managing Director of Re-Gen Robotics discusses how innovation and disruption are the defining features of his business model, and how they are critical to his company’s mission. As agents of change, we mean to disrupt the sector to offer a safer, better quality, new value offering to the tank cleaning sector. The stages in the cycle of disruption affirm that; the newcomer develops a bet...

Floating Wind – why delivery requires a balanced mix of ambition and pragmatism

Floating Wind – why delivery requires a balanced mix of ambition and pragmatism   The UK’s targets for offshore wind expansion are ambitious and exciting. Installed offshore wind capacity targets of 40GW by 2030 and up to 125GW by 2050 are a cornerstone of the country’s journey to a Net-Zero carbon economy. If the UK is to achieve these goals and in so doing reach the stated objective of 60% UK content, then we must build out a manufacturing and logistics infrastruct...

People in Energy - Neil Brady - Energy Transition - Director, Worley

People in Energy - Neil Brady - Energy Transition - Director, Worley   Neil has worked on large engineering, procurement, and construction (EPC) projects alongside operation and maintenance (O&M) contracts for over 20 years. Neil joined Worley in 2017 as the Managing Director of Scopus (a Worley subsidiary), followed by moving into the role of Managing Director of Operations - Sweden. During Neil’s time in Sweden, he discovered his passion to drive the energy transition move...
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