The American Petroleum Institute has voiced strong criticism of the US Arctic Rules Package, which adds new requirements for Arctic regulation, but is this the usual industry lobbying against environmental regulations? We investigate how exploration of the US Arctic’s resources can continue without causing harm to the region’s fragile ecosystem.
Also in this issue, we look at the EBRD’s investment strategy in Greece, find out why oil majors are turning their attention to Guyana, and speak to Shell about the challenges of operating the world’s deepest drilling and production platform, Perdido.
Plus, we hear from BHR Group what the future might hold for the UK’s offshore industry in a time of uncertainty, and review the UK’s Oil and Gas Workforce Plan, which Unite has dismissed as “woefully inadequate”.
In this issue
The Arctic Conundrum The oil and gas industry has criticised new regulations for offshore drilling in the US Arctic. Chris Lo asks, how can development continue without threatening the wellbeing of the region? Read the article.
An Uncertain Future It has been a historic year for the UK’s oil and gas industry, with low oil prices raising concerns about the viability of many offshore oilfields and the Brexit referendum casting further uncertainty over the industry. Carl Wordsworth, senior consultant at BHR Group, asks what the future might hold. Read the article.
In Support of Oil Exploration The European Bank for Reconstruction and Development has been pouring money into Greece’s offshore industry in the hope of offsetting the country’s economic woes. Dr Gareth Evans finds out more. Read the article.
Guyana Emerges In June, ExxonMobil confirmed the discovery of up to 1.4bn barrels of oil offshore Guyana, a find which if developed could see the country emerge as a major drilling target. Rod James investigates. Read the article.
Pioneering Perdido A new era of deepwater exploration is beginning, based on the application of the latest technologies to be rolled out on Shell’s Perdido platform. Nnamdi Anyadike finds out more. Read the article.
Best Laid Plans? Trade union Unite has criticised the UK Government’s new Oil and Gas Workforce Plan, which aims to help British offshore workers find new employment. Lindsay Dodgson asks, is the strategy really “woefully inadequate”, as Unite has described it, or is it a necessary step for an industry in a downturn? Read the article.
The Permanent Court of Arbitration has ruled that China’s territorial claim to the vast majority of the South China Sea is invalid, boosting the Philippines’ right to develop oil and gas deposits off its west coast. But with China rejecting the ruling, will the country be able to access foreign technology and expertise in a tense and high-risk environment?
Also in the next issue, we take a look at Shell’s strategy following shaky second quarter results, get an insight into the ins and outs of insurance for offshore workers, and find out how Canadian researchers are using genomic science to locate oil reserves.
Plus, we take a look inside Maersk’s XL Enhanced jack up drilling rigs, explore how the growing problem of oil and gas leaks on the UK Continental Shelf can be solved, and hear from Wakefield Acoustics about noise control solutions for offshore installations.
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