Latest Opinions


Accelerating the pace of digital change in oil and gas

In my opinion there are three types of oil and gas people on the technical side – we'll leave aside the support and commercial types for now: • Geoscientists • Drillers • Engineers Geoscientists were the first to move to digital. It was the 1980s and rather than draw contours with coloured pencils ...

Steve Roberts


Posted 4 months agoOpinion > The Oil & Gas Technology CentreinnovationDigital Transformation

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 10 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 - OilVoice


Posted 7 months 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 - OilVoice


Posted 7 months agoOpinion > Energy MattersEuan MearnsHydrogen +1

The silly Season!

Some years ago, given my blank response to a question, one of my bosses at Beyond Prudence decided to educate me about “The Season” which (apparently) once was the summer period when ‘debutante' balls were on in London and South East England but now describes the period from the Chelsea Flower Show ...

Petromall Insights


Posted 2 months agoOpinion > ClimateClimate ChangesCO2 +1

The next "Shale Gale"?

David Bamford opines on the world's great shales! A few weeks ago I used my blog/Newsletter to quiz readers on what they regarded as the world's great source rocks. And, by inference, where might the next “Shale Gale” be blowing, mimicking what has happened in the USA? I'm glad to say I got an unu ...

Petromall Insights


Posted 4 months agoOpinion > Shaleshale oilShale Gas

Does your CEO have his head in the sand?

We at Petromall have just published some Insights on “What E&P companies should do about decarbonisation” and I thought I would pull out of there three ideas that should give you pause, cause you to ask “I wonder what my company is doing, how our plans are changing?” Firstly, there is the perspec ...

Petromall Insights


Posted 4 months agoOpinion > Oil pricesdecarbonisationfossil fuel +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 6 months 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 8 months 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 8 months 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 8 months 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 8 months 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 7 months 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 7 months 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 7 months agoOpinion > North SeaDecommissioningMarginal Fields +1
Last fetch 10/19/2017 8:13:20 PM