The Offshore Contractors’ Association has invited trade unions to take part in fresh talks this week, in an effort to bring a pay dispute to an end. “Now all the trade union ballots have been declared we must focus all our energy on reaching a fair and reasonable settlement,” Paul Atkinson, CEO of the Offshore… Read more »
Posts Categorized: Uncategorized
EY Study Decodes Oil, Gas Perception Challenges in Young People
Here’s the good news: young consumers (millennials and Gen Z) have an overall positive view of the energy industry. The bad news? They don’t want to work in oil and gas. A 2017 study by EY, which polled 1,200 U.S. consumers ages 16 and older, revealed a few harsh realities. Namely, young people aren’t interested… Read more »
BB-1 Described as ‘Key Well’
“What we’re trying to do here is replicate what we saw at Hawk’s Hill,” Sanderson said in a brief video posted on the company’s Twitter page. “If we actually find the same sort of oil in the kimmeridge limestones here, then what that will do is show that we’ve essentially got a continuous oil deposit… Read more »
TECH SHOWCASE: A ‘Blindness’ Cure for Operators
Measuring actual, real-time fluid levels and gas flow rates in pressure control equipment can be challenging in drilling and flowback operations. It’s not unheard of for a problem to become evident only after a tank has overflowed or a kick has occurred. Weir Oil & Gas, a unit of The Weir Group PLC that provides… Read more »
OpEd: OPEC Production Cuts Fail, Markets Pay for Underestimating US Shale
Crude oil prices have plummeted 20 percent since February, the most dramatic first-half slump since 1997, and inventory remains about 340 million barrels above the five year average. In short, the agreement between OPEC and its non-OPEC allies to slash their production by 1.8 million barrels per day has failed to rebalance the oil market… Read more »
Workers Sense Skills Shortage in Industry
Oil and gas workers believe there is a skills shortage in the industry, according to a new report from Petroplan released Tuesday. Twenty-two percent of respondents agreed that the industry was missing talent in the company’s Talent Insight Index 2017, which gathered information from over 2,000 people who work in the energy sector. The emergence… Read more »
Wood Group Pens Deal Which Will ‘Improve the Worker’s Day’
Wood Group has signed an extension to its collaborative agreement with Canadian technology company Librestream Technologies to continue its digital solutions partnership. “Empowering workers with digital tools designed for rapid response in rugged field environments is our key mission,” Kerry Thacher, chief executive and founder of Librestream, said in a company statement. “Combining Wood Group’s… Read more »
What Are the Qualifications to Become a Welder?
As the American Welding Society observes, the demand for welders is growing. Do you think you have what it takes to become a welder? Welders work in a variety of oil and gas settings: drilling rigs, offshore production platforms, shipyards, refineries, pipelines, liquefied natural gas terminals and more. They possess highly coveted skills that can… Read more »
Mexico Whets Foreign Oil, Gas Appetite: Awards 10 Shallow Water GOM Blocks
Mexico’s Gulf of Mexico shallow water auction June 19 awarded 10 of 15 blocks to the likes of Eni, Royal Dutch Shell and Total – suggesting the nation’s bet on foreign oil company investment will pay off. Round 2.1 in the nation’s auctioning process for private companies to lease southern blocks drew participation from 20… Read more »
Industry to Benefit from Tech Talk Events
Industry Technology Facilitator (ITF) is launching a series of tech talk events to support and promote the developer community and increase interaction with oil and gas operators. The first of the free events will be held at the Chester Hotel, Aberdeen on Wednesday, June 28 at 5pm. This event will see Premier Oil’s Tammie Sebire… Read more »
