China is overhauling its oil and gas sector to boost efficiency, with the market being given a more decisive role and more varied ownership of state-owned enterprises. Michal Meidan, lead analyst for Asian energy policies and geopolitics at Energy Aspects discusses the reforms.
Equatorial Guinea is looking to revive its struggling oil sector by applying for membership of OPEC. Today, however, the cartel is more focused on controlling supply than unlocking new reserves. So is joining still as attractive a prospect as it was a decade or even a year ago? Julian Turner investigates.
Oil & Gas UK, in collaboration with unmanned aerial vehicle operators, has published a new set of guidelines outlining the safe use of aerial drones in the offshore industry. Julian Turner talks to Malcolm Connolly, founder and technical director at industry leader Cyberhawk, to find out more.
Oil & Gas UK’s ‘Decommissioning Insight 2016’, the first-ever survey of both the UK and Norwegian decommissioning markets, reports only steady growth, despite low oil prices continuing to challenge the economics of mature North Sea assets. Julian Turner analyses the key trends and statistics.
Eelume, a spin-off from the Norwegian University of Science and Technology, is collaborating with Kongsberg Maritime and Statoil on a sea snake robot to perform subsea inspection, maintenance and repair tasks. Julian Turner talks to CEO Arne Kjørsvik about taking autonomous intervention vehicles to the next level.
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Shell plans to invest an additional $10bn in Brazil as part of its wider strategy to double deepwater production by the early 2020s. Julian Turner analyses the risks and potential rewards of such a move in light of the low crude price and the recent scandal involving state-owned oil company Petrobras.
The merger deal between General Electric’s oil and gas business and Baker Hughes will, subject to ratification, create a $32bn oilfield services giant ready to compete with industry leader Schlumberger. Julian Turner explores potential opportunities for both players in oilfield technology and analytics.
Launched in September, Rovco aims to corner the market in underwater hydrographic survey and inspection services using remotely operated vehicles (ROVs). Julian Turner talks to CEO Brian Allen about future technology, industry trends and how to stand out in an increasingly competitive sector.
The cost of decommissioning oil and gas platforms in the UK North Sea is set to top £40bn by 2023. Julian Turner talks to Steve Andrew and Jonathan Turner from ABB Consulting about a new report that challenges traditional methodology, and promotes recycling and collaborative thinking.
Secure networks that ensure high-performance communications and access to business-critical IT applications are a high priority for oil and gas companies. We talk to Brooks Albery and Peter Malcolm of RigNet about the challenge of providing reliable communications in the Arctic.