Issue 18

Canada has introduced new legislation to increase the financial liability of oil spills for offshore operators but will the guidelines prove to be successful? We also explore the need for better global governance if oil and gas investment is to happen smoothly.

In the latest issue, we also learn about the cybernetic technologies that are helping the health and safety market and discover the dangers of lifting work in the offshore and subsea environments.
Moreover, we explore the findings of the Wood report and profile the Kinnoull Oil and Gas Field in the North Sea region.

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In this issue

Triple Liability
Canada has significantly increased the financial liability of offshore operators for oil spills in the Arctic and Atlantic oceans. Heidi Vella does the new legislation go far enough and can an adequate liability figure ever be calculated?
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Geopolitical Tensions
A report highlights the need for better global governance in order to overcome geopolitical tensions. Heidi Vella speaks to global risk specialist John Drzik about how this international friction threatens to derail oil and gas investment.
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By GlobalData

Virtual Realities
Advances in modern technology are bringing new health and safety opportunities to the offshore industry. Adam Leach rounds up the cutting-edge industrial gaming and cybernetic technologies on the market.
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Up against the elements
Lifting work is dangerous, but technology and techniques have adapted to the marine environment. Geoff Holden, chief executive of the Lifting Equipment Engineers Association, speaks to Adam Leach about lifting in the offshore and subsea environments.
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Licence to Drill
The long-awaited Wood report outlines strategies aimed at extending the life of the UK Continental Shelf. Julian Turner reviews the report and talks to its author, Sir Ian Wood.
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Kinnoull Oil and Gas Field
Kinnoull oil reservoir is located in the central North Sea region, UK, about 140 miles North East of Aberdeen. It is one of the three reservoirs developed in the 16/23s block under the Andrew area developments project.
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Next issue preview

As thousands of New Zealanders protest against exploratory off the coast of the South Island, we find out how much oil could be out there and ask how this could affect the economy and local communities.

Also, we ask whether Norway’s offshore oil and gas expertise has played a part in Houston’s large Norwegian expat community, speak to Tullow Oil about the recent deepwater discovery offshore Mauritania and profile the Gulf of Mexico’s deepest offshore rigs.

Moreover, we speak to Nebula Resources and other experts to find out how fracking the sea is technically possible, find out what is involved in the process of rig moving and profile Kvitebjørn gas field.

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