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OGV Energy's Europe Energy Review July 2021

OGV Energy's Europe Energy Review July 2021   Oil & Gas New oil discoveries offshore Norway, the road to UK’s net-zero targets and the impact of climate change on the economy, and major low-carbon energy projects and deals were the highlights in the energy industry in Europe this past month. Norway’s Ministry of Petroleum and Energy has awarded stakes and opera...

OGV Energy's Middle East Energy Review July 2021

OGV Energy's Middle East Energy Review July 2021   The monthly meeting of the OPEC+ alliance, OPEC’s optimistic outlook on global oil demand this year, and a flurry of oil and gas contracts feature in this month’s overview of the oil and gas industry in the Middle East. OPEC+ Keeps Plans To Ease Production Cuts During a quick meeting on 1 June, OPEC and its non-OPEC partners led by Russia reaffirmed the previously endorsed plan to ease the collective oil producti...

DIVERSITY & INCLUSION in the Energy SECTOR

DIVERSITY & INCLUSION in the Energy SECTOR    The energy sector has seen increased diversity and inclusion in recent years. Yet, more action in hiring and retention of diverse talent is needed to allow all employees regardless of gender, age, or ethnicity to thrive in an industry where women and ethnic minorities have been historically under-represented. Governments, non-profit organisations, industry associations, and energy companies are increasingly adopting diversity...

The Price of Allyship

The Price of Allyship   At a recent event I was invited to speak at, on allyship, I was struck by how much the energy sector has moved the conversation on diversity forward. Few now question the premise of the diversity agenda; we are now looking to get involved and change things. However, many while attracted to the idea of allyship view it through rose tinted lenses imagining it to be a collaborative endeavour akin to fundraising or volunteering. The truth about allyship is howev...

Creating equal opportunities through digital learning

Creating equal opportunities through digital learning   Even with its push for improved diversity and inclusion policies, the oil and gas industry continues to face an uphill battle in gaining a greater gender and ethnicity balance. Getting this right is central to the long-term success of the global industry. Yet, it will take more than developing new policy. A wholescale shift in culture and approach is required. Ensuring equal and affordable access to world-class training is an...

How we are creating a more inclusive company

How we are creating a more inclusive company   “Together, we will deliver a responsible energy future” - this is our vision at Xodus, and we believe that diversity and inclusion sits front and centre to achieving this. We are proud to employ people from a range of diverse backgrounds and attributes. By attracting and nurturing diverse high-calibre personnel and deploying their capabilities in an integrated, innovative and intelligent way, we can make our vision a realit...

Building a Baseline: Diversity & Inclusion in the UKCS Survey Report

Building a Baseline: Diversity & Inclusion in the UKCS Survey Report   The UK oil and gas industry has a rich and diverse heritage, employing people from across the world and from every part of society. We know that the contribution from people of all backgrounds is essential to harnessing new ideas, new technology and new ways of working to deliver the energy transition and net zero carbon emissions by 2050. However, as with comparable industries, the sector has historically s...

CONNECTING TO YOUR DIGITAL FUTURE

CONNECTING TO YOUR DIGITAL FUTURE   Technology that enables EPCs to plan, execute, and commission some of the largest, most innovative, and successful projects in the Oil and Gas industry has been crucial to them remaining commercially competitive. Engaging experienced personnel, embracing new digital processes, utilizing handheld devices, all with the option of Live data-tracking, means that challenging environments, such as the North Sea, West Africa, Western Australia, Gulf of Mexi...

New Business Development Manager Joins RCP Ltd

New Business Development Manager Joins RCP Ltd   Due to continued growth and expansion, RCP is delighted to announce the appointment of Stewart Henderson as the new Business Development Manager of RCP. Stewart joins RCP with over 13 years of experience as a Business Development Manager, working within industries such as O&G, Renewable Energy, Engineering and Advertising. Stewart will work closely with the RCP engineering team and will be responsible for promoting, selling and f...

OGV Energy's UK North Sea Energy Review

OGV Energy's UK North Sea Energy Review   Opportunities for the UK offshore industry in the energy transition, plans and new guidance for emissions reductions, trading updates, and project implementations featured in the UK oil and gas sector at the end of May and in June.  The UK oil and gas sector is recovering from the COVID impact and is poised for a major transformation as it positions itself for a lower-carbon future, according to the 33rd Oil and Gas survey conduct...

Adapting to the fast-changing workforce - The importance of innovation in the training industry

Adapting to the fast-changing workforce - The importance of innovation in the training industry By Gavin Taylor, VP Global Sales and Strategy, 3t Energy Group   Despite e-learning being a mainstay of training delivery for a number of years, there has been a recent - and significant - shift towards more self-initiated and instant access content via mobile devices and smartphones. With the global pandemic accelerating the adoption of technology, both the training providers and the wo...

OGV Energy's Middle East Energy Review

OGV Energy's Middle East Energy Review   Over the past month, Middle Eastern oil producers have started to gradually return as much as 1 million barrels per day (bpd) on the global oil market by July, expecting world demand for crude to rebound with the re-opening of major economies despite the dire situation with India’s COVID crisis. OPEC signalled confidence in oil demand recovery both with its decision to proceed with unwinding the cuts and with its unchanged demand o...

Asset Integrity in the Energy Industry

Asset Integrity in the Energy Industry   Asset integrity and asset integrity management systems (AIMS) are critical to the safe and smooth operations of oil and gas facilities and installations, from oil fields and offshore platforms to pipelines and refineries. Maintaining asset integrity is a core business of all oil and gas companies and those in the support supply chain. Although asset integrity rarely makes headlines, except in cases of catastrophic failures, this is an integr...

Fresh approach to CUI mitigation using STOPAQ visco elastic technology.

Fresh approach to CUI mitigation using STOPAQ visco elastic technology.   Regular inspection is imperative for maintaining asset integrity. From tanks to vessels to submerged structures like bridges and dams, consistent inspection is crucial to ensure safety and efficiency. OPEX budgets for fabric and operational maintenance have been slashed in 2020 and 2021, with a similar story emerging for 2023. However, the ravages of corrosion continue to bite equipment and structures, esp...

AI: Rise of the Machines

AI: Rise of the Machines   For over 50 years Hollywood movies have featured the proliferation of artificial intelligence (AI); from HAL-9000 in Stanley Kubrick’s 1968 film “2001: A Space Odyssey” to the more universally known 1980’s cult movie (and follow-up series) “The Terminator” with one of the most well-known catchphrases – “I’ll be…"…well you know the rest. The great thing about such movies is you alread...

New Cloud Technology Enhances Compliance and Transparency for Assets in Offshore Drilling Industry.

New Cloud Technology Enhances Compliance and Transparency for Assets in Offshore Drilling Industry.   “A team of digital solutions specialists from Aberdeen-based company Fennex have developed a new cloud-based Policy Assurance Management (PAM™) platform, a RegTech type solution designed to fully digitise and simplify the end-to-end internal Assurance, Audit and Inspection tasks relating to Policy and Regulatory Compliance”. Efficiency is fast becoming a big mantr...

Kognifai & Digital Twin Technology in a Deepwater Offshore Drilling environment

Kognifai & Digital Twin Technology in a Deepwater Offshore Drilling environment   To optimise offshore operations leading offshore contractors have started to explore the use of ‘Digital Twin’ technology to reduce costs, minimise operational downtime and increase environmental performance. Digital Twin technology takes data from a physical asset which is then interfaced with a virtual representation to make the information accessible for the end-user. This data prov...

ASSET INTEGRITY - One Step, Two Steps, Three Steps

ASSET INTEGRITY - One Step, Two Steps, Three Steps   For Arnlea, the journey our customers are taking towards digital transformation could be described as steady as she goes. Some are taking their first step, others have moved to the second, and our challenge is to ensure that when they need the third step (and the fourth and the fifth), we have already prepared the way and have shown them what is next. So what are these first, second and third steps? What do we mean by this journe...

Inspecting and Evaluating Underwater Assets

Inspecting and Evaluating Underwater Assets   Regular asset inspection is imperative for organisations to prioritise repairs, maintenance and replacement schedules, saving both time and money in the long run. Being on top of your assets allows organisations to prioritise repairs, maintenance and replacement schedules saving both time and money in the long run. However, inspecting submerged infrastructure can be incredibly time-consuming, expensive and even dangerous. Underwater...

CASE STUDY: Achieving safety integrity assurance and performance excellence through a data-driven maintenance improvement project.

CASE STUDY: Achieving safety integrity assurance and performance excellence through a data-driven maintenance improvement project.   A high performing plant is one that is safe, efficient, reliable, and profitable and there are many critical success factors that come into play when it comes to striving for excellence. The philosophies cascading into the management systems and processes influences all 4 elements of what it takes to be a high performer. Without a meticulously designe...
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