Latest Opinions


OPEC in Crisis Meeting to Limit Oil Production

An important meeting took place in Vienna on Monday as oil producers looked to try and make a rescue deal which would place limits on the production of oil in order to try and rebalance the oil market prices. OPEC, the group who are accountable for around a third of the World's oil met up with t ...

Ben Barlow


Posted 3 years agoOpinion > OPECProduction

Evolution of the major oil company logos

BP In May 1908 a group of British geologists discovered a large amount of oil at Masjid-i-Suleiman in Mohammerah, today the Iranian province of Khuzestan. It was the first commercially significant find of oil in the Middle East. William Knox D'Arcy, by contract with the Emir of Mohammerah, Sheikh ...

OilVoice Press - OilVoice


Posted 3 years agoOpinion > BPTexacoChevron +2

DW Monday: Expectations for 2017

The past year has undoubtedly been one of the toughest for the oil & gas industry in recent memory. As we enter 2017 we consider three key themes that could shape the industry over the year ahead. A North America-Led OFS Recovery :  OFS markets are expected to bounce back in 2017 and we expect Nor ...

DW Monday


Posted 3 years agoOpinion > DW Monday2017North America

DW Monday: Heavy Lifting Lift off?

Heavy lift vessel (HLV) contractors have faced a challenging market in recent years as the low oil price environment combined with a shift towards subsea installation and deepwater activity has seen fixed platform installations decline globally. The number of fixed assets installed in 2017 is expec ...

DW Monday


Posted 3 years agoOpinion > Douglas-WestwoodDW MondayHeavy Lifting

DW Monday: Vessel Contractors – Re-shaping for the Rebound

The announcement on the 28 th February of EMAS Chiyoda's bankruptcy is the latest in a long line of vessel contractors to fall victim to the downturn since January 2015. Multiple companies such as Cal Dive, Ceona, Cecon, Hercules Offshore, Harkand and Swiber have entered into administration, taking ...

DW Monday


Posted 3 years agoOpinion > DW Monday

DW Monday: The Great Global Gas Surplus

The production of LNG in recent years has increased dramatically. According to Westwood Global Energy data, LNG liquefaction capacity increased from 121 million tons per annum (mmtpa) in 2000 to nearly 270 mmtpa in 2010, and will reach just over 400 mmtpa by the end of 2017. A wave of ‘mega-projects ...

DW Monday


Posted 2 years agoOpinion > DW MondaygasSurplus +1

A tough year for service companies, but OPEC cuts help the shale exposed

2016 has been a tougher year for most service companies than 2015, and revenues have continued to fall as much as 27% when compared to 2015 on average. Companies exposed to onshore North American activity have seen their revenues diminish even more. While 2015 was the year that service companies ...

Julia Weiss


Posted 3 years agoOpinion > Rystad EnergyOPEC

2016 offshore discovered liquids resources were 90% lower than in 2010

Rystad Energy concludes that the 2016 total offshore discovered liquids resources reached only slightly below 2.3 billion bbl, 90% lower than in 2010. This drop is most significant to the overall decline in discovered volumes; in fact, total global discovered volumes (oil & gas combined) are at an ...

Julia Weiss


Posted 3 years agoOpinion > Rystad Energy

FID or no FID

When is a final investment decision (FID) not a FID? When it's an internal FID. A commentary by Readul Islam, Senior Analyst, Rystad Energy Large upstream projects are more often delivered by a group of partners rather than a single 100% owner. This spreads project risks and can also make it ...

Julia Weiss


Posted 3 years agoOpinion > Rystad EnergyFIDfinal investment decision

Oil and Gas Companies Are Spending Too Much Time and Money on Their AFE Processes

So how do we go about streamlining the AFE workflow and approval process? Most companies' AFE processes are costing them time and money because they rely on manual processes that can move only as fast as the slowest employee. To illustrate the real costs of this manual process, let's take a loo ...

Marcus Kelly - TouchstoneEnergy


Posted 1 year agoOpinion > Business ProcessexpenditureDevelopment Capital Expenditure +3

Why Oil and Gas companies need to consider an Enterprise Asset Management solution

You may well already be using some form of asset management system, it may work well for you, so why would you need to look at anything else? At TouchstoneEnergy we firmly believe that in order to have the edge over your competition, you need to be looking forwards as well as back. It is all very ...

Marcus Kelly - TouchstoneEnergy


Posted 1 year agoOpinion > Asset Managementasset management systemOilandGas +4

Managing the transition from legacy to modern systems in Oil & Gas

Legacy IT Systems, either software or hardware that were commissioned between the 1980's and early 2000's, are a significant obstacle in any Oil & Gas organisation's drive towards modernisation. Whilst the age of these systems is not necessarily an issue, continued product support is a challenge f ...

Marcus Kelly - TouchstoneEnergy


Posted 1 year agoOpinion > OilandGasE&P SoftwareBusiness Process +8

Everyday is Different Part 1: Onsite Project Delivery in West Africa

Welcome to a 5 part series of blogs by Sarah Davis - Service Delivery Manager at TouchstoneEnergy. In this series Sarah will walk you through the journey of a new project manager at TouchstoneEnergy and their experiences onsite at their first international project: Delivering a new finance system ...

Marcus Kelly - TouchstoneEnergy


Posted 5 months agoOpinion > Africaafrica oil and gasProject Management +4

Everyday is Different Part 2: Onsite Project Delivery in West Africa

Welcome to Part 2 of a 5 part series of blogs by Sarah Davis - Service Delivery Manager at TouchstoneEnergy. In this series Sarah will walk you through the journey of a new project manager at TouchstoneEnergy and their experiences onsite at their first international project: Delivering a new fina ...

Marcus Kelly - TouchstoneEnergy


Posted 5 months agoOpinion > Africaafrica oil and gasProject Management +5

Everyday is Different Part 3: Onsite Project Delivery in West Africa

Welcome to Part 3 of a 5 part series of blogs by Sarah Davis - Service Delivery Manager at TouchstoneEnergy. In this series Sarah will walk you through the journey of a new project manager at TouchstoneEnergy and their experiences onsite at their first international project: Delivering a new fina ...

Marcus Kelly - TouchstoneEnergy


Posted 5 months agoOpinion > Africaafrica oil and gasProject Management +5
Last fetch 4/1/2020 11:56:32 PM