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Recently, the Indian Government announced that Cairn Energy would have to pay a $1.6bn unpaid tax bill. We discuss what the future looks like for Cairn Energy.
Go deeper with GlobalData
In the latest issue of Offshore Technology Focus, we discover what the falling price of oil means for those dependant on Venezuelan oil, find out more about the dangers posed by icebergs to offshore assets and also look at what home comforts might be under threat for those working offshore.
Moreover, we discuss how the fossil fuel industry can play a role in the climate change debate and profile BHP Billiton, who have co-funded a research project on the Ningaloo Reef to better understand how its projects may affect the reef over time.
Read the issue for free on your iPad through our app, or if you’re on a desktop computer you can also read it in our web viewer.
In this issue
Taxing Times
UK foreign secretary Phillip Hammond has sought reassurance from the Indian Government after it served Scottish oil company Cairn Energy with a £1.6bn bill for unpaid tax. Julian Turner examines the potential impact of the dispute
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By GlobalDataCurse of the Resources
The ‘resource curse’ is biting deep in Venezuela, where the oil price crash is laying waste to an economy entirely dependent on oil revenue. Chris Lo profiles Venezuela, a country where economic stability and social order are balanced on a knife edge.
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Break the Ice
Researchers are developing bespoke autonomous vehicles to track and gather data on moving sea ice that threatens ships and oil rigs operating in the Northwest Atlantic’s so-called ‘Iceberg Alley.’
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The Sky‘s the Limit
North Sea operator Talisman Sinopec Energy has cancelled its Sky subscription and removed the service from its offshore operations in a move it says will save £600,000 a year. Adam Leach finds out how the oil price is impacting offshore workers.
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The Debate
As the provider of around 80% of the world’s energy, fossil fuel companies must play a role climate change discussions. Heidi Vella-Starr asks as one of the biggest CO2 emitters, how can the industry credibly inform the debate?
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Into the Reef
The petroleum arm of BHP Billiton has co-funded an AUD$5m research project on the Ningaloo Reef off Western Australia to help the company better understand how its projects in the Exmouth sub-basin may affect the reef over time.
Click here to read more.
Next issue preview
Royal Dutch Shell has announced its plans to buy up BG Energy in a deal that is one of the biggest mergers in oil and gas industry history. We analyse what the merger could mean for the industry.
We also speak to legal experts to find out what companies can do to protect themselves in case partner relationships turn sour, look at what Russia has planned to attract foreign companies and we find out more about what it means to operate a ‘normally unattended’ marginal field.
Moreover, we speak to the authors of the Pipeline and Riser Loss of Containment (PARLOC) report to discover what can be done to prevent leaks in future and profile ABB‘s study into reducing the cost of decommissioning in the UK North Sea.
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