British companies can be found in all aspects of the energy industry all over the world. A track record of more than 40 years of expertise in exploring and developing oil and gas as well as nuclear energy has created a wealth of experience that is now being used globally.
The article looks at the prospects for the continuing availability of hurricane insurance in the offshore energy markets, discusses some of the problems with the products offered, reports on efforts to improve these products and the effect that low product take up is having on the energy insurance market. Windstorm premium makes up 15 to 20% of the offshore energy insurance portfolio.
Joint ventures focused on unconventional natural gas opportunities and related capability transfer will require effective governance to be successful.
With the long-term prospect of increasing global energy demand, securing future energy supplies has become a common global issue. For those countries with dwindling production rates or low hydrocarbon reserves, the pressure for energy security is set to increase.
In March 2009, Brazil adopted the much-awaited Gas Law; regulating the transportation of natural gas. The Gas Law establishes a 30 year concession regime, bringing enhanced security for private companies to enter the market for transportation and storage of natural gas.
South America has an impressive total of gas reserves and is increasing its production, however, the region is continually facing problems despite its desire to expand and develop.
If captured and recovered for energy, coal mine methane is a cost-effective resource. Coal mines around the world are increasingly focusing on the commercially available, cost-effective opportunities to capture and use this often wasted resource.
Siemens' Pipeline Demo Center simulates technologies on a model pipeline system.
When discussing the digital oilfield, one thing the majority of commentators agree on is that it involves operators having maximum awareness and control over their assets. Many also agree that the technology and connectivity across the oilfield is now there and that the key question facing operators is how best to utilise and integrate these technologies.
India has ambitions to become the hub for petroleum products exports. The export potential coupled with the additional capacity additions and new refineries provide a unique opportunity for potential investors.
Exxon Mobil's Australian division and India's Petronet have signed a 20 year LNG supply contract, signaling a step towards approval for the Western Australian Gorgon project on Barrow Island.