Diversification, decarbonisation and digitalisation are set to define the future of the UK's oilfield services sector, according to the latest EY UK Energy Services overview.
Gerardo Munoz, Sr. Product Specialist, AspenTech, explains why many organisations in the oil and gas industry cannot afford to let the opportunity to adopt hybrid modelling pass them by.
OGUK has stated that securing and sustaining investment in the sector is now critical to help the UK quickly realise a net-zero future.
Oil prices are declining today as the market fears crude stock levels in the US could rise again and as the speed of the global oil demand recovery is under threat amid Covid-19 vaccination campaign setbacks.
Oil prices kept their healthy levels on Friday as the market is realising that supply is getting tighter compared to the recovering demand, with the first indications evident on Saudi deliveries.
Rystad Energy analysis shows that the world’s top oil and gas employer, China, lost only 5.3% of its massive workforce. The toll in the US was more devastating, estimated at 11.1%, thereby faring worse than its European peers and Russia.
The new partnership will see AGSL and SAMH work together to promote and raise awareness of the mental health cause, and the support SAMH offers to individuals throughout Scotland.
Oil prices continue to rise as the previous day’s OPEC+ meeting paved the way for stock draws and surprised the market.
From the beginning of 2021 and up until the end of 2025, Rystad Energy’s exact forecast is for 592 commitments, with growth across all water depth levels.
With International Women’s Day approaching, Janette Marx, CEO at Airswift, has commented on the progress the energy sector has made on diversity.
Oil prices stated the day with optimism after several days of trimming February gains, as markets hope for positive news from this month’s coming OPEC+ meeting.
Haavard Oestensen, Head of Growth, Digital Energy, Kongsberg Digital, explains why capable digital twin solution providers enable operators to take significant strides towards becoming data-driven and digitally enabled.
Oil prices started the week boosted by the US stimulus bill that the US House of Representatives passed but a risk of bearish developments could trim gains going forward.
The US will account for 70% of the total projects expected to start operations by 2025, according to GlobalData.