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 3 months agoOpinion > DW MondayHelicopters

Brexit impact on the oil and gas industry in the UK

  Few could have predicted the sequence of events triggered by former Prime Minister David Cameron, when in February 2016 he made his announcement on the steps of Downing Street that the Brexit referendum would indeed take place. Irrespective of the way people then voted on June 23 rd 2016, very ...

OilVoice Press


Posted 9 days agoOpinion > BrexitUnited Kingdom

The Hydrogen Economy – More Green Mythology

By Euan Mearns The Scottish Government has launched a consultation on their new draft energy strategy and targets (links are top right on the page linked to). The new energy strategy in general terms has four main strands:  A four-fold increase in renewable energy production by 2030. Embrac ...

OilVoice Press


Posted 20 days agoOpinion > Energy MattersEuan MearnsHydrogen +1

Scotland – reduce reliance on wind, develop fracking and clathrates research

Scotland should be very wary about further investment in wind power, it should develop fracking for gas, invest in energy storage, and do research into arctic methane clathrates, says Professor Brian Smart, former head of petroleum engineering at Heriot-Watt University Professor Brian Smart, former ...

Petromall Insights


Posted 1 day agoOpinion > ScotlandPowerwind power +2

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 1 month 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 1 month 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 1 month 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 1 month agoOpinion > DecommissioningNorth Sea

While E&Ps sleep!

David Bamford writes: In a previous article I highlighted what I will refer to as the “Tillerson Paradox” – namely the recognition that oil & gas are likely to remain a dominant component of energy supply for decades to come and yet accepting that carbon emissions (CO2 and CH4) are almost certainly ...

Petromall Insights


Posted 25 days agoOpinion > ClimateMajorsE&Ps

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 1 month agoOpinion > ClimateSupplies of oil & gas

Underwater Trainwrecks!

David Bamford writes: Some of you may have already browsed the OGA's five year review of (UKCS) major oil and gas projects. It is a sobering read, chronicling the various mishaps that beset 58 major projects executed between 2011 and 2016. On average: fewer than 25% of projects were delivered o ...

Petromall Insights


Posted 16 days agoOpinion > North SeaDecommissioningMarginal Fields +1

Holed beneath the waterline!

Graham Scotton notes that Quality management decision making is needed for better project outcomes? Oil and gas management needs a step change if the industry is going to prosper in a $50 to $60 world – and perhaps the best way to describe the necessary improvement is ‘more rigour', as well as mo ...

Petromall Insights


Posted 9 days agoOpinion > North SeaProject DeliveryProject Governance +1

Why we shoulld start decommissioning now

Chris Lloyd comments: If the oil and gas industry starts decommissioning earlier and gets a pipeline of projects together, it will enable it to retain expertise, build up a supply chain and organisational capability – and reduce a future decommissioning bottleneck, says Chris Lloyd At the moment ...

Petromall Insights


Posted 16 days agoOpinion > North SeaDecommissioning

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 2 months agoOpinion > UK Oil & Gas Investments

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 1 month agoOpinion > North AfricaEgypt
Last fetch 3/23/2017 2:26:08 PM