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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 US electric utility industry must quickly find ways to acquire and integrate a large percentage of its electricity from clean renewable sources in order to meet existing and anticipated state and federal requirements.
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.
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.