Latest Opinions


DW Monday: Super Pumas Grounded – Western Europe Heavy Helicopter Supply Scenarios

The fatal helicopter crash in April 2016 near Turøy, Norway, involving the H225 / EC225, has created uncertainty surrounding the future supply of Airbus's heavy aircraft. In spite of the European safety regulator's decision to lift the flight ban on the Super Puma models, the Super Pumas continue to ...

DW Monday


Posted 2 months agoOpinion > DW MondayHelicopters

The test of a first rate intelligence….matched by inertia elsewhere

David Bamford writes: Most of you will have noticed that Rex Tillerson, former boss of ExxonMobil - also multi multi-millionaire courtesy of his remuneration package - is now the US Secretary of State, running that great country's international diplomacy. Having bumped into his former employer's ide ...

Petromall Insights


Posted 2 days agoOpinion > ClimateSupplies of oil & gas

Chrysaor and Enquest buying North Sea assets – two different financial approaches to decommissioning

Greg Coleman comments: In January 2017 there were two big North Sea acquisitions – Enquest buying 25 per cent of BP's Magnus field ($85m) and Chrysaor buying some of Shell North Sea assets ($3.6bn approx.) Both transactions take a different approach to the decommissioning financing – and illustra ...

Petromall Insights


Posted 8 days agoOpinion > North SeaDecommissioningFinancial Impact

Good management is the best way to cut decommissioning costs

Everyone is aware of the spiralling estimates of how much decommissioning will cost – perhaps the best way to solve it can be simply expressed as ‘good management', says Graham Scotton As we keep hearing, the estimates of the costs of decommissioning the North Sea oil and gas infrastructure keep go ...

Petromall Insights


Posted 17 days agoOpinion > DecommissioningNorth Sea

The World is Warming and Quickly

Greg Coleman writes: It is clear from the latest update from NASA that 2016 was the warmest year in centuries. Many argue whether it is due to people or natural but the rise is clear. We need to do something about this or the inevitable consequences of rising sea levels, storms infringing on coas ...

Petromall Insights


Posted 21 days agoOpinion > Climate ChangesSatellite Data

The Business Opportunity in Decommissioning Planning

With the decommissioning projects undertaken so far in the North Sea, many contractors have come out poorly because they did not properly understand the task ahead of them, says Greg Coleman of Petromall. Conversely, there should be business opportunities for companies who can help better plan, or ...

Petromall Insights


Posted 24 days agoOpinion > DecommissioningNorth Sea

Turning the failing Exploration business around!

Sorry to go on about it but Exploration performance has been poor for some years. This is a rather superficial review of merely the latest poor year, 2016, focussed on the plummeting of discovered volumes to a historic low. But this narrow beam of light has allowed some to claim that this was sim ...

David Bamford


Posted 17 days agoOpinion > Exploring

Regional opportunities in, and around, the Caribbean

The broad Caribbean is dominated by two major petroleum-producing countries, Venezuela and Mexico, even arguably a a third, the United States way to the north. However I would like to focus on the arc of countries from Guyana, through Trinidad & Tobago and Barbados, all the way to Jamaica. Interes ...

David Bamford


Posted 9 days agoOpinion > Caribbean

Regional opportunities in North Africa

Perhaps the starting point here is to recognise that there is manifestly no political coherence, no unifying political entity, which covers Morocco – Algeria – Tunisia – Libya – Egypt. Nevertheless Algeria, Libya and Egypt are major petroleum-producing countries, and Morocco has surprised industry i ...

David Bamford


Posted 2 days agoOpinion > North AfricaEgypt

Could the boards of Majors or E&Ps find oil & gas or develop it?

Domain Knowledge... A few weeks ago I made the point that folk who are trying to sell software, technology and services into the oil & gas industry would do better if they had domain knowledge, a deep understanding of the industry acquired through personal experience. Have you read Luke Johnson's ...

David Bamford


Posted 1 month agoOpinion > UK Oil & Gas Investments

Oil price recovers after shaky start to 2017

Recent sessions have seen a resurgence for oil benchmarks with the front month contract in Brent rising back above the $56 a barrel level. Despite the OPEC deal to cut output beginning officially at the start of the year, there was some notable weakness in the market with a rally early on during the ...

David Cheetham


Posted 1 month agoOpinion > oilprice

Oil price, Northern Petroleum, Frontera Resources, And finally...

WTI $49.44 +$4.21, Brent $50.47 +$4.09, Diff -$1.03 -12c, NG $3.35 +4c Oil price So, the organisation got it together roughly as expected but is this an early Christmas present or trouble by Easter? As with any Opec agreement, particularly those burnished with gilt, the proof of the pudding i ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > oil priceNorthern Petroleumfrontera resources +1

Oil price, BP, I Solo Oil, And finally...

Oil price I always think that it is rather nice when the market appears to be thinking with one voice, particularly if G Sucks is on the other side. The feedback from the Opec meeting is overwhelming cynical with most so called experts writing the obituary of the whole organisation let alone thi ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > oil priceBPSolo Oil +2

Oil price, Range Resources, Aminex/Solo, And finally...

Oil price Whilst many commentators remain unconvinced, the oil price is tracking upwards and for the moment giving the deal the benefit of the doubt. A decent spin from the 1oth December non-Opec meeting should cement, at least for the time being the situation. Range Resources Range has annou ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > oil priceRange ResourcesAminex +4

Oil price, Faroe Petroleum, Jersey Oil & Gas, And finally...

WTI $45.23 -$1.85, Brent $46.38 -$1.86, Diff -$1.15 -1c, NG $3.32 n/c Oil price The day of the Opec meeting dawns and no one is quite sure of what the end of the day will bring. I guess that the market is slightly favouring a  deal of some sort without too much confidence, intransigence rules ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > oil priceFaroe PetroleumJersey Oil & Gas +1

Oil price, Europa/Union Jack, And finally…

WTI $47.49 +$1.80, Brent $48.90 +$2.04, Diff-$1.41 +27c, NG $2.95 +11c Oil price It's all going according to plan as world oil chiefs slowly come into line ahead of next weeks meeting.  Yesterday it was primarily the work of Iran who accepted that they would have to participate in at least ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > Europa Oil & GasUnion Jack Oiloil price

Oil price, Ithaca, Sound, SDX, Lamprell, Sundry-Egdon- And finally...

WTI $47.55 -41c, Brent $48.56 -44c, Diff -$1.01 +2c, NG $3.04 +1c Oil price The prices above are as at 0900 hrs this morning, what with Thanksgiving yesterday trade was thin. It might be today as well as we all gear up for Opec next week which might be as important a meeting as two years ago. ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > oil priceIthaca EnergySound Energy +4

Oil price, Victoria Oil & Gas, Hurricane Energy, Falcon Oil & Gas, And finally...

Oil price It is now officially squeaky bum time with  the Opec meeting starting on Wednesday and many potential strategies still being discussed. The non-Opec meeting scheduled for today has been suspended as the Saudis have apparently decided to ensure that the Opec house is in order before any ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > oil priceUKVictoria Oil & Gas +3

Oil price, Shell, Plexus, EOG, Sundry-Faroe-Falcon-IOG- And finally...

Oil price Crude oil has drifted back in the last couple of days, production is obstinately high, reports yesterday that Opec output in November was up to 34.2m b/d and that Russia was up to 11.2m b/d. Add to that news of first Saudi Arabia and then Kuwait cutting prices to Asian customers and one ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > oil priceShellPlexus +4

Oil price, Trinity Exploration & Production, EPI/PDF, Podcast VOG/HUR, And finally...

Oil price It is back to Vienna who are this weekend hosting the Opec/Non-Opec meetings which the market will hope confirms their part of the recent bargain. Yesterday the market was in believing mood as Russia said it would cut, as did Azerbaijan, others may be a touch more recalcitrant. Either w ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > oil priceTrinity Exploration & ProductionEPI +3
Last fetch 2/23/2017 12:44:46 AM