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OPEX group consolidate data analytics partnership with Dana Petroleum

OPEX group consolidate data analytics partnership with Dana Petroleum   An Aberdeen-based provider of data analytics and predictive technology solutions has entered into a long-term collaboration with North-Sea oil and gas operator, Dana Petroleum. Having worked with OPEX Group previously, Dana has now entered into a three-year contract with two  one-year options. As Dana’...

Global installed offshore wind capacity to see 37% growth in 2021, fueled by China

Global installed offshore wind capacity to see 37% growth in 2021, fueled by China   Despite the Covid-19 pandemic, the world’s installed offshore wind capacity rose by 15% in 2020, reaching 31.9 gigawatts (GW) at year-end, from 27.7 GW at the end of 2019, Rystad Energy estimates. China was the main contributor in 2020, accounting for 39% of last year’s additions, followed by the Netherlands (18%) and the UK (17%). Rystad Energy expects the global installed offshore win...

Hydrogen, AI, and remote operations: lessons from Baker Hughes’ AM

Hydrogen, AI, and remote operations: lessons from Baker Hughes’ AM   On Monday and Tuesday, oilfield services company Baker Hughes held its Annual Meeting and conference for the oil and gas industry. The conference was held online due to the Covid-19 pandemic, allowing upstream and downstream businesses to watch technology sessions and keynote speeches in an (almost) seamless virtual environment. While conferences often focus on possible future innovations, many talks focused...

How a company got away after committing the worst oil spill in history

How a company got away after committing the worst oil spill in history   Open-source intelligence and interviews tell a story about how oil-giant Chevron, when accused of devastating pollution in the rainforest of Ecuador, managed to make its defence a personal case against a human-rights lawyer. Ben Heubl explains the successful tactics and efforts with open information and shows how it shifted America’s attention away from one of the biggest environmental disasters in history....

Ireland Bans new oil and gas licences

Ireland Bans new oil and gas licences   The Cabinet has approved a ban on licences for new oil and natural gas exploration which will come into effect immediately. The ban will be enacted through legislation to be included in the Climate Action and Low Carbon Amendment Bill to go before the Oireachtas shortly However Minister for the Environment, Climate and Communications Eamon Ryan gave effect to the commitment immediately. His department “no longer accepts new applicati...

Halliburton to Provide Digital Solutions for Kuwait Oil Company

Halliburton to Provide Digital Solutions for Kuwait Oil Company   Halliburton Company today announced it was awarded a contract from Kuwait Oil Company (KOC) to collaborate on their digital transformation journey through the maintenance and expansion of digital solutions for their North Kuwait asset. It will allow KOC to accelerate their data-to-decisions cycle by designing and operating digital twins of the field to automate work processes, supported by DecisionSpace® 365, a clou...

Wealth of opportunities awaits subsea companies In Asia-pacific

Wealth of opportunities awaits subsea companies In Asia-pacific   Despite the impact of Covid-19, the Asia-Pacific region continues to provide a wealth of opportunities for the UK’s subsea engineering sector, both in traditional oil & gas and in the growing renewables energy industry. A new summary  of activity compiled by Subsea UK shows, that despite the challenges, discoveries continue to be made across the region and exciting new projects across all energy sector...

Perth energy giant faces £200m coronavirus hit to profit

Perth energy giant faces £200m coronavirus hit to profit   Scottish Hydroelectric owner SSE has said it has made good progress on a range of big renewable energy projects in recent months amid challenging conditions. The Perth-based giant said it expects the fallout from the pandemic to wipe around £200 million off earnings in the current financial year, while lockdowns have caused logistical complications. However, SSE said it was well positioned for the future afte...

An industry ‘operating on borrowed time’: Energy experts on the increasing risks ahead for Big Oil

An industry ‘operating on borrowed time’: Energy experts on the increasing risks ahead for Big Oil   Big Oil endured a brutal 12 months by virtually every measure last year and the global oil and gas industry faces significant challenges and uncertainties as it seeks to recover. In 2020, the coronavirus pandemic coincided with a historic demand shock, falling commodity prices, evaporating profits, unprecedented write-downs and tens of thousands of job cuts. The torre...

New Directors join Scottish Renewables’ Board

New Directors join Scottish Renewables’ Board   Two new Directors have joined the Board of industry body Scottish Renewables, with a third re-elected for a second term. The trio will help guide the organisation as it works to grow Scotland’s renewable energy sector and sustain its position at the forefront of the global clean energy industry. Twelve candidates from among Scottish Renewables’ 260 member companies contested the election, which concluded on Friday...

Enterprise adds 17 Toyota Mirai Hydrogen Cars to UK Fleet

Enterprise adds 17 Toyota Mirai Hydrogen Cars to UK Fleet   Enterprise Rent-A-Car has taken delivery of 17 Toyota hydrogen fuel cell electric cars as part of a number of initiatives to explore alternative fuels to deliver low and zero-emission transport. The Toyota Mirai saloons will be used in a pilot programme by existing corporate customers in different parts of the country, by Enterprise Car Club members and by Enterprise employees. Enterprise works closely with manufacturer...

OGV Energy's UK North Sea Energy Review – February 2021

OGV Energy's UK North Sea Energy Review – February 2021   The impact of Brexit, the road to net zero, expectations for 2021, and company updates on field developments marked the end of 2020 and the beginning of 2021 in the UK oil and gas industry. The Oil & Gas Authority submitted to Parliament in December a revised strategy featuring a range of new net-zero obligations for the UK oil and gas industry. The new strategy requires industry to operate in a way consistent...

Analysis: Myanmar coup could derail billions in oil and gas investment, stall energy projects

Analysis: Myanmar coup could derail billions in oil and gas investment, stall energy projects   The military coup in Myanmar threatens to disrupt energy investment in the country's oil, gas and power sectors as companies assess the risk of operating amid heightened political uncertainty and the potential for renewed international sanctions. A curtailment of energy investment would slow the pace at which Myanmar, one of Asia's poorest nations, is attempting to meet its elect...

BP records mammoth loss as pandemic rattles oil industry

BP records mammoth loss as pandemic rattles oil industry   The bloodbath in the energy markets created by the Covid-19 pandemic has left a multi-billion dollar hole in BP’s finances, the oil giant’s quarterly and annual reports have revealed. BP lost $5.7 billion last year, down from a profit of $10 billion in the pre-pandemic 2019, according to data provided by the company on Tuesday. This is worse than analysts’ predictions, which projected BP’s full-year...

World-first hydrogen waste heat research aims to cut carbon emissions and save money

World-first hydrogen waste heat research aims to cut carbon emissions and save money   A world-first research project to develop a new way of recovering waste heat from industry and decarbonise heating and cooling through new hydrogen technologies, has been launched by a team led by London South Bank University (LSBU). The project will investigate new ways of providing heating and cooling from energy intensive industries including steel, glass, paper and food etc. The new approach...

THREE60 Energy awarded first international duty holder contract for Galoc Field FPSO

THREE60 Energy awarded first international duty holder contract for Galoc Field FPSO   THREE60 ENERGY, the global energy services group, has been awarded a multi-million pound contract for the provision of Duty Holder O&M services to the FPSO Intrepid, currently producing from the Galoc Field, located offshore Palawan Island in the Philippines. Under the terms of the life of field contract, THREE60 Energy will carry out operations and maintenance (O&M) duties on behalf of t...

ChampionX appoints its first general manager for Saudi Arabia

ChampionX appoints its first general manager for Saudi Arabia   ChampionX has appointed Mohammed Al-Khalifa to the newly created role of general manager of Saudi Arabia to spearhead the region for further growth in 2021. Mr Al-Khalifa brings more than 18 years’ oil and gas experience to the business, most recently holding the title of director business development & commercial at Wood plc. Prior to this, he held several senior roles across operations, engineering and proj...

Strohm provides TCP jumpers to Aker Solutions for an offshore project Deepwater Sabah, Malaysia

Strohm provides TCP jumpers for an offshore project Deepwater Sabah, Malaysia   Strohm, the world’s leading manufacturer of Thermoplastic Composite Pipe (TCP), has secured a contract to deliver two gas lift jumpers for an offshore project Deepwater Sabah, Malaysia. This is the second time the firm’s technology has become a permanent application in the region. A TCP Flowline was previously installed for Petronas’ operations in 2017 in the shallow water, West Lutong...

North Sea oil and gas emissions data prompts calls for flaring ban

North Sea oil and gas emissions data prompts calls for flaring ban   Flaring and venting of gas in the North Sea released nearly 20 million tonnes of CO2 equivalent between 2015 and 2019, data obtained by Greenpeace shows Lax UK government regulations are allowing oil and gas firms operating in the North Sea to pump out a coal power plant's worth of emissions every year through flaring and venting, Greenpeace has claimed in a new investigation published today. Official figur...

Keppel to end offshore rig construction work and transition to renewables

Keppel to end offshore rig construction work and transition to renewables   Keppel Offshore & Marine (Keppel O&M), the oil and gas arm of Singaporean conglomerate Keppel, has announced sweeping structural reforms that will see the company end the construction of new offshore oil rigs and invest more heavily in renewable energy. The move, announced on Friday, will see the company split into three entities: the “rig company”, which will manage the work of complete...
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