Today, the market for oil field services and products is ever more competitive. It has been forecast by MarketsandMarkets that the global oil fields services market is growing at some 5% and is expected to be worth at least $144.36 Billion by 2020.
Recent articles
Is North America Facing a Pipeline Bubble?
With gas having overtaken coal in the power segment, along with burgeoning supplies of oil, producers need new pipelines to carry the growing surplus to the coast for export to markets in Asia, Europe and Mexico. In this scenario, oil and gas producers, pipeline investors and operators are confident North America can rely on growing demand from Asian markets in the coming years.
Natural gas a future energy key role player
Owing to a combination of legal and policy restraints, as well as vociferous environmental objections, it is becoming increasingly difficult to gain approval from both federal and state bodies for new gas pipeline construction. For example, California, Washington and New England have proactive energy and environmental policies to encourage renewables, energy efficiency and energy storage, all at the expense of fossil fuels including natural gas generation.
AI: the energy industry’s untapped resource
Still on the horizon lie developments in quantum computing, which will enable the robots of the future to be enhanced to become autonomous decision makers, capable of ensuring the smooth running of operations and maintenance.
WIND POWER DECOMMISSIONING
According to Jonas Pagh Jensen of Siemens Gamesa Renewable Energy, which produces wind turbines and constructs wind farms, said, “Every customer is obliged to make a plan [for] what they intend to do in 20-25 years’ time when the turbine is expected to come down.”
The Plastics Backlash has Some Oil Giants Worried
Recycling and bio-plastics are set to impact the future of global oil and gas demand.
Work completed in June 2019
Here is a list of some of the work Nicholas Newman has done in various formats including blogs, editorials, comment, columns and features completed for various clients in the month of June.
ENERGY IN RETAIL
Technological change and consumer behaviour are driving retailers to introduce on-site power generation to control bills, and improve their heating, cooling, lighting and air quality, reports Nick Newman.
Cost Overruns Threaten Offshore Development
Even with funding based on a thorough engineering definition, operators could still see a cumulative $111-billion cost overrun.
OXFORD EV SUMMIT 2019
The summit was a business forum based on the dual themes of business engagement and thought leadership from some informed speakers in this sector.
Scientific breakthroughs on the launch pad
These transformative technologies are still in their infancy of general application but will, in coming years, spread from the laboratory to workplaces, homes and space as did those inaugurated by Apollo.
The LNG Boom is Back
The growth in LNG production will depend on the availability of capital for construction of gasification export facilities and associated infrastructure alongside Asia’s rate of economic development and change towards a world of less carbon to combat global warming.
Major Restructuring of Middle East Gas Exports
In sum, for the region’s gas exporters, on the one hand exports of LNG though costlier to transport, offer greater market flexibility and security than piped supplies. For gas importers, if local political tensions are resolved, piped natural gas is a very price competitive solution but LNG could still have a role in topping up supplies.
North Sea Decommissioning Costs on the Rise
It is in the interest of both government and energy companies to bring some certainty into their liabilities and ability to pay.
A LOOK AT THE GRIMALDI GROUP
The Grimaldi Group’s main focus is provision of maritime transport services including rolling cargo and containers between Northern Europe, the Mediterranean, the Baltic Sea, West Africa and Americas. It also offers passenger services within the Mediterranean and the Baltic Sea.
A look at Dynamic Positioning Systems
The global market for marine dynamic positioning technology is expected to increase from $1,594 million in 2015 to 2,127 million by 2022, according to Allied Market Research “Marine Dynamic Positioning System Market” report.
Has the Oil Glut Disappeared?
Geopolitical issues and industry disruptions are confusing the oil market.
![Pori_waterjets MKFI [Public domain], via Wikimedia Commons](https://i0.wp.com/www.nicnewmanoxford.com/wp-content/uploads/2019/06/Pori_waterjets.jpeg?resize=380%2C380&ssl=1)
A look at water jets
An increasing number of ships are using water jets instead of propellers for moving vessels through water.
Will Occidental’s $38B Gamble Be a Shale Win?
Occidental Petroleum, ranked 167 in Fortune 500, recently snatched victory from Chevron with a winning bid of $38 billion for one of the largest U.S. Independent oil and gas companies; Anadarko ranked just 237, making this the largest American oil and gas merger in more than a decade and the […]
Work completed in May 2019
Here is a list of some of the work I have completed for various clients worldwide during the past month. In addition, I met various clients involved in business development, consultation and planning efforts.
US Dropping Iranian Oil Sanction Waivers
In reality, President Trump’s sanctions to stop Iranian crude exports are likely to be harder than envisaged and their success might lead to unanticipated crude price increases, which would be bad news for the world economy.
ABOUT SOUTHAMPTON PORT
As for the future in the many trades that Southampton deals with including deep sea containerships and cruise liners, the vessels are getting bigger as vessel operators seeks to meet increasing demand and cut unit costs. Because of this port operators such as Southampton have to continue to develop and expand port capacity infrastructure to handle such mega vessels.
The unexpected ways in which factories are saving energy
Whisky, the third largest industry in Scotland after energy and financial services, makes up around 70 per cent of the entire Scottish food and drink sector and is valued at £5bn a year. The whisky distilleries use a hierarchy of measures to cut their energy bills and earn additional income. Traditionally, distilleries have converted the waste grains (known as daff) from the malting process into pellets, a protein-rich cattle feed sold to local farmers.
HILTON BOURNEMOUTH
This hotel is just 5 minutes from the local rail station with direct trains serving major cities including Southampton, London, Reading, Oxford and Birmingham.
A look at the Triple E Class
For port operators, Maersk EEE vessels are proving a challenge having containers stacked 23 rows wide across the deck, whilst most existing ports are equipped with the current post-Panamax cranes with a 22-container row wide vessel reach.
Saving the planet is like picking fruit
Saving the planet is a bit like picking fruit off a tree: it gets harder the farther up you climb…
Are batteries a viable option for shipping?
However, efforts by innovators to electrify shipping has only just begun. In a few months, for instance, we will see the first 100 percent electric barges operating in the inland waters serving the European ports of Antwerp, Amsterdam, and Rotterdam.
How to design a wind farm
For investors, developers and operators of wind farms, considerable effort and costs are expended in finding a suitable site, gaining planning approval, purchasing its components and supervising its construction and commissioning… This feature looks at some of the issues involved in getting a commercial onshore wind farm fully commissioned and serving the […]
Baltic Pipeline Project to Carry Norwegian Gas to Eastern Europe
Once this project is complete, it should open new sources of competitive and secure natural gas to customers in these western Baltic countries. In addition, it will aid them in their transition to low carbon power generation in keeping with the Paris Accords.
Is North America Facing a Pipeline Bubble?
North America’s shale boom is paralleled by the record pace of pipeline construction and now, a long pipeline of projects await a final investment decision. Pipeline Bubble, produced by Global Energy Monitor, now calculates that capital spending on proposed North American pipelines will reach $232.5 billion and raise global pipeline […]
Majors Driving Rise in Global Discoveries
American major ExxonMobil was the most successful, with three significant offshore discoveries accounting for over 38 percent of total discovered volumes in the first quarter of 2019.
Cyber pirates terrorising the high seas
Fancy security hardware and software alone will not be not enough to prevent cyber crime. Industry and corporate culture are also crucial to make sure that developers, operations staff and partners work harmoniously together to manage security in central enterprise applications and infrastructure, and in distributed/edge IoT-enabled ships and vessels.
How well are the Brics meeting carbon targets?
Limiting global warming is dependent on a rapid transition away from fossil fuels. This in turn requires technological advance in renewable energy and electricity storage, strong government commitment, stable and transparent regulatory frameworks, and a business environment attractive to investment. Subsequent to the 2015 Paris Agreement, countries have committed to […]
April 2019 business work for clients
Here is a list of some of the business work including energy and technology writing and public relations, I have done for a variety of corporate and media clients worldwide. For more about my work and services ring me in the UK 01865 762710 or from outside the UK on […]
The rigs of the future
Colorado School of Mines suggests that by 2050, chemical industrial lasers could perhaps replace conventional drilling solutions.
American Offshore Wind Prospects
It has been estimated by the EIA, that the US has some 2,000 GW of offshore generating capacity to exploit. This is roughly double current demands for power in the US. Much of this clean energy resource is located near many major population centres such as New York, Los Angeles, […]
Happy Easter 2019
To all my business clients and friends
West Coast Perched at Forefront of Natural Gas Movement
California’s ambitious energy efficiency targets and zero carbon generation targets by mid-century will provide new opportunities for disruptive technologies including large-scale energy storage, demand management, floating wind and gas power combined with carbon capture.
5 TOP CONFERENCE INDUSTRY TRENDS
In the UK alone, corporate events are big business amounting to a staggering £18.1bn in 2017.
North Sea Ports Compete to Build LNG Import Terminals
The German case for LNG import terminals rests on the need to increase the country’s gas imports as North Sea gas production declines.
Can the Mexican Government’s Bailout Solve the Pemex Crisis?
In response to Fitch Group’s & Moody’s downgrade of Pemex’s credit rating to one notch above junk, Mexico’s government recently pledged a $3.9-billion capital injection and $200 million in tax relief, according to international media reports. This bailout package and the six-year business plan aims to help reverse Pemex’s credit […]
Commissions completed for clients in March 2019
Here is a list of some of the work I have I completed for clients in the UK, Europe and worldwide in the energy, technology, robotics, culture, conference, regeneration, planning, property and transport businesses.
Top 10 Destinations for US LNG Exports
America became the fifth largest exporter of liquid natural gas in the world last year.
African FLNG Might Disrupt Global Gas Trade
African LNG “will gain in importance, given its strategic location between the Atlantic and Pacific basins.”
New Client Welcomed La Presse.it
LaPresse is today, Italy’s leading multimedia agency based in Milan, selected nicnewmanoxford.com to provide expert media content. La Presse produces news content in the form of texts, photographic images and videos, 7 days a week in real time, 365 days a year, and provides its contents to over 90% of […]
Drillers Turning to Big Data in the Hunt for Cheaper Oil
The industry is creating new business opportunities for IT, artificial intelligence, big data processing and analytics providers.
AI changes the robots in the energy sector
Since the oil price crash of the summer 2014, robots dedicated to either welding, drilling or inspection, but that are controlled by humans, have been widely adopted… Now, advances in artificial intelligence software and robotics research offer the prospect of freeing humans from dangerous and difficult tasks such as decommissioning nuclear plants and offshore oil and […]
Global Deepwater Oil Production To Hit New Record In 2019
The rise in offshore oil and gas production expected in 2019 and beyond is due in part to the coming onstream of new fields aided by technological advances, which have dramatically cut E&P costs.
Banks ending funding in fossil fuels
For coal-producing countries like Poland, America, Germany and China, phasing out coal and transitioning to cleaner technologies bring fears of job losses and social consequences. However, recent experience belies that belief; the adoption of renewable energy has brought new jobs with better pay and conditions.
LNG Expands Reach Through Virtual Pipelines
There is a growing worldwide opportunity to meet the needs of customers located beyond their country’s gas pipeline grid with virtual pipelines, or regular shipments of LNG or biogas by truck, train, or canal barge.
Is South Africa Ready For A Gas Boom?
South Africa is a major mining and manufacturing country.
Commissions completed for clients in February 2019
Here below are a list of some of my commissions and consultations I have carried out and completed for various business clients both in the corporate and media sectors in the Month of February 2019. Afrelec The future of Eskom The debate is on about the future of Eskom and […]
The lowdown on CARES
“It is likely that we will see more co-operation between local businesses and also community groups, to not only generate energy but also use and even trade in it”
Chris Morris, project manager, Local Energy Scotland
Energy efficiency is a good way to save money
Power generation is one of the biggest source of greenhouse gases in the U.S., accounting for 28 percent of total CO2 emissions. The idea to reduce the use of fossil fuels, in favor of renewables, has therefore gained worldwide acceptance and attention. However, there is another way to reduce greenhouse gases, and […]
Nicholas Newman Journalism CV
Nicholas Newman info@nicnewmanoxford.com | www.nicnewmanoxford.com | https://www.linkedin.com/in/nicnewmanoxford/ | 01865 762710 WHO AM I For over 20 years, I have built a reputation as a trusted analyst and commentator on a broad range of global energy related issues, including policymaking, leadership, exploration, production, distribution, trading and technology. I’ve been a regular […]
Off-the-grid thinking to end Nigeria’s blackouts
Nigeria is one of Africa’s most developed, resource-rich countries and yet it has notably failed to provide its people with a reliable electricity supply. That is at last beginning to change. Five years after the privatisation of Nigeria’s power sector, even the most luxurious Lagos hotels still suffer daily blackouts. […]
SOME OF TODAY’S LEADING INNOVATORS UNDER 35
There have been many innovators in the past including such people as Marie Skłodowska Curie, Copernicus, Einstein, Rosalind Franklin etc. Some have innovated throughout their lives like Thomas Edison, Tim Berners-Lee and Leonardo da Vinci etc, whilst others have only been innovative for the first few years of their working […]
Consumers set to see energy bills soar as price cap is hiked
On 7th February 2019 OFGEM announced that it would be raising the energy price-cap from £1,137 to £1,254 for customers on default tariffs and from £1,137 to £1,142 for customers on prepayment meters. The new cap limits will come into effect on April 1st, This news means that some 15 […]
Five trends of African energy
Latest infographic, text researched and created by me,whilst design of graphic by member of Eniday team. Energy, in this period, is facing a crucial transition phase for the near future. The African continent, the cradle of humanity, will not stand still; in order to guarantee the growth of its states, […]
How pumped storage hydro cuts customer power bills
Following the big six-power companies’ price hikes, ILI Group Plc today announced that Pumped Storage Hydro (PSH) can save at least £100 on every household’s energy bill, reduce power price fluctuations for customers and offset millions of tons of CO2 emissions every year. There is now over 4.2 GW of PSH in […]
Hybrid ships take to the high seas
Hybrid ships that voyage across the deep blue could very well be the key to unlocking environmental sustainability. The dream is alluring. A sleek ship on a sparkling sea, set against a sky of the purest blue, cleanliness and healthiness embodied in luxury. The reality is painfully different. Shipping is a major […]
New Client welcomed Uniper SE
Uniper SE: an international energy company with about 12,000 employees. is an energy company based in Düsseldorf, Germany selected nicnewmanoxford.com to provide expert content marketing serivices. Uniper is one of Europe’s largest utility companies and operates throughout the EU including Germany, Sweden, the United Kingdom, the Netherlands, Belgium, Hungary, and France. Outside of […]
Energia rinnovabile a portata di mano
I progetti energetici tradizionali, a base di combustibili fossili e ad alta intensità di capitale, delle compagnie Oil&Gas nazionali e internazionali e delle grandi società di servizi pubblici come Eskom, RWE ed Eon, sono a una svolta… D’altro canto, aziende di settore di consolidata esperienza, uniscono le loro forze a […]
Work for clients completed in January 2019
Here below is a list of some of the work I have completed for various clients in both the print and web media worldwide. Some of the tasks have included editing, writing features, advertorials, press releases, whitepapers, etc. Eniday Banks ending funding in Fossil Fuels This week saw the European […]
Trump’s Price Policies Hurting US Shale Activity
One thing is clear, the actions of OPEC and friends to cut back output this year could be good news for U.S. shale frackers as crude prices rise, trade tensions ease and world demand for crude holds up—but it could be disappointing for President Trump.
No consensus on eskom reforms
Eskom, supplier of around 95 percent of South Africa’s electricity, is in the grip of a severe financial crisis reporting a post- tax loss of R2.3 billion ($0.17 billion) , a 0.9 percent decline in sales and a rise in gearing ratio, (which measures debt relative to equity) to 72 […]
Encouraging local energy projects
Traditional fossil-fuel based and capital-intensive energy projects, owned by national and international oil and gas companies or large utilities such as Eskom, RWE, Eon, are taking a turn… In contrast, established oil and gas companies are joining pioneering independent E&P companies, such as those that develop U.S. shale resources. At the same time, […]
Power Generation Technology
Completion of the latest winter 2018 issue of Power Generation Technology. This involved the generation and editing of content for the magazine. This edition looks at some of the latest leading renewable power projects being developed or proposed, also examines some of the latest innovations concerning the usage of hydrogen, […]
Compressor Stations Doing the Difficult Work
Compressor stations compress and push gas from the field where it is extracted or from an LNG re-gasification import port, along transmission pipelines, to end customers, such as refineries, power stations or LNG export plants. Compressors, housed in stations located at 40- to 100-mile intervals along a pipeline, run continuously and allow gas to be rerouted into gas storage areas during periods of low demand. An average station can ship 700 Bcf/d of natural […]
Press release writing
For many businesses, a great cost-effective way of promoting news about your business is to produce a press release for distribution to the media. Today the media not only includes magazines and journals that customers read but also broadcasters and specialised websites. Here are a few tips about how to […]
Writing a press release
For many businesses, a great cost-effective way of promoting news about your business is to produce a press release for distribution to the media. Today the media not only includes magazines and journals that customers read but also broadcasters and specialised websites. Here are a few tips about how to […]
Global Drilling And Well Services Activity Sees An Upswing
More than 72,000 wells are expected to be drilled and completed in 2019, representing a 3% growth compared to 2018.
Middle East Leads Global Supply of Conventional Oil
Conventional oil makes up around two-thirds of the world’s recoverable oil resources and accounts for 93 percent of today’s oil mix. More than half of this oil comes from oil fields that are past their peak and declining, revealed by a loss of about 3 million barrels of output last […]
Major LNG Buyers’ Uncontracted Demand to Quadruple by 2030
Wood Mackenzie expects a record number of FIDs on LNG projects in 2019.
Work completed for Clients in December 2018
Here are a few examples of the recent work I have completed for various clients during the month of December 2018. Such tasks have included editorial, content writing, corporate communications and even ghost writing.
New client Intelligent Land Investments Group PLC welcomed
Intelligent Land Investments Group PLC selected Oxford based nicnewmanoxford.com as its energy business public relations agency. Nicnewmanoxford.com provides small, medium, and large businesses with expertise related to global energy business, both in the UK, Europe and the rest of the world. Intelligent Land Investments Group PLC is involved in the […]
Pumped hydro storage solves UK Nuclear headache
Brings growth to green energy
Marine Engineering and Offshore Technology Issue 45 Winter 2018
Editing, researching and content generation about issues related to maritime industry Download the latest edition of Marine and Offshore Technology to read online in emagazine format. All Marine and Offshore technology editions are published in bilingual format and contain the latest news and technology for the Marine and Offshore industry […]
Oil majors are finding the right business model for renewables
US onshore oil production averages a 33 percent IRR, observes a Wood Mackenzie report ‘How oil & gas Majors can scale in renewables’. By comparison, a wind project in a developed country generates around 7 percent IRR, while solar earns just 5 percent.
Recent work for clients in November
Here are a few examples of some of the recent work as a journalist, writer, researcher for various corporate clients and publications in the month of November. Cavendish Group International Completion of all editorial content of the Q4 edition 2018. Power Engineering and Technology Q4 18 PGT Contents Updates redT […]
Leading proposed renewable energy projects
Today investment in renewables projects is no longer looked at as an eccentric thing to do. Increasingly, not investing in such projects is seen as eccentric. Here are a few examples of planned and proposed renewable energy projects in various parts of the world. If these projects prove bankable and […]
New trees in the rainforest
The Amazon rainforest is home to 11,676 known species of trees and is larger than the rain forests of the Congo Basin and Indonesia combined… To help restore some of the 29.6 million acres of Brazil’s rainforest, a multimillion-dollar initiative, “ the largest tropical reforestation project in history” aims to plant 73 million new trees on […]
California moves ahead with offshore wind
For the state of California, offshore wind is a matter of catch up, since they have to catch up with offshore wind developers and experts in Europe. One thing is for certain, it is no longer a prospect of if there will be an offshore wind business in California, but one of figuring out the best solution for making it work.
Volatile Prices Ahead?
Crude prices have suffered their steepest and fastest fall in a decade. The Brent crude price has fallen to just $58.68 per barrel from $86.70 at beginning of October, a decline of a third. The price of crude is determined primarily by actual and prospective supply-and-demand factors and secondarily by […]
China’s Tariffs: A Headache for the Next Wave of US Natgas Export Projects?
China is the world’s second largest importer of LNG after Japan and an important customer for U.S. LNG. For example, this year between January and August, China purchased 1.6 of the 14.9 million tonnes of U.S. LNG, according to Thomson Reuters’ data, but Sept. 24 marked the start of President […]
The world’s largest container fleets
World trade heavily depends on the global shipping industry. The maritime sector accounts for 90% of the movement of world freight. The companies ranked in this list of shipping fleets are based on their TEU (Twenty-foot Equivalent Unit) capacity. A TEU is a measure of the number of standard sized […]
Gas Remains Key to UK Energy
Even today, gas from the North and Irish Sea supplies almost half of the UK’s needs leaving the lion’s share to imports via 4 pipelines fromEurope and Norway and some 9 percent to LNG tankers. 80 percent of the UK’s 25 million homes are powered by gas, one quarter of […]
The path to a diversified energy future
The GCC states are facing up to the challenge of combining energy diversity with security
Marine and Offshore Technology – Autumn Edition
Editing, researching and content generation about issues related to maritime industry Download the latest edition of Marine and Offshore Technology to read online in emagazine format. All Marine and Offshore technology editions are published in bilingual format and contain the latest news and technology for the Marine and Offshore industry […]
Recent work for clients in October
Here is a list of some of the work I have completed for a few of my clients in a variety of formats in October 2018. Eniday What lessons can the world learn as Norway’s as it moves towards an renewable future energy future? We know that to keep our […]
PAYING FOR MINE RECLAMATION & WELL DECOMMISSIONING
According to the Australia Institute, the country has 3,000 operational mines but over 60,000 abandoned or orphaned mines.
Climate change stress on the power grid
According to new research, energy suppliers are underestimating the long-term effects that climate change is likely to have on future power demands. The research was published in the September edition of the academic journal Risk Analysis in September 2018. Sayanti Mukherjee, assistant professor of industrial and systems engineering at Buffalo, […]
China has plans to link its power grid with Europe
There are proposals being studied by the Chinese power sector to develop a transcontinental power network that word link China with markets in not only in Central Asia but even Europe.
The art of digital maintenance
The drive for cost savings and efficiency improvements is an important goal to operators in a marine industry that is still reeling from a downturn in the market. Since the advent of the digital era, many suppliers have expounded that shipowners need to invest in digital systems, data analytics and machine learning if they are serious about being key players in the marine industry in the future.
Facing an electric future
Across the world, we are seeing an increasing number of plans by countries to phase out in the coming years use of diesel in transport onshore. Now people are asking, with shipping, if electricity could replace diesel, especially with the prospect of the introduction of tougher emission standards over the […]
Hybrid power cuts offshore support vessel costs
New types of engine Today, owners are looking for new ways to improve their power systems so that they cost less to operate and are more environmentally friendly. One solution that many operators are considering is the adding of a battery or energy storage system to provide hybrid power to […]
Energy outlook in Northeast US
Energy plays an important part in the economies that make up this mega region of 55 million made up of two sub regions, the New England and the Mid Atlantic. Although, this mega region is mostly rural, it contains important cities as Boston in the North, New York in the […]
IFC’s Scaling Solar solutions across Africa
The International Finance Corporation‘s (IFC) Scaling Solar procurement program is developing over 1,000 megawatts of solar power in four African countries – Zambia, Ethiopia, Madagascar and Senegal. Part of the World Bank, the International Finance Corporation (IFC) provides financial and advisory support to Africa’s governments, utilities and independent power producers (IPPs) to develop solar power […]
September Business Writing News
Here is an update of some of the business writing and work, I have completed for various clients during the month of September. This includes a range of my business research and business writing services for clients. To find out more click here. Block.one Creation of three ghost written articles […]
How renewables have changed
In little more than two decades, scientists and technologists have evolved a global, renewable-energy industry capitalizing on the free resources of wind and sun… Global solar photovoltaic capacity has grown from around five gigawatts in 2005 to an approximately 306.5 gigawatts in 2016. This trend was accompanied by sharp drops in the price of photovoltaic panels. […]
SOLAR PHOTOVOLTAIC (PV) POWER IN EUROPE
This free to download here report takes a look at the current state of Europe’s solar sector and the issues its faces today. 2008, marks the “take-off” and later boom in worldwide solar PV installations fostered by the climate agenda and enabled by generous government subsidies and an 80 percent price-fall […]
Continental Shift: Africa’s emerging gas to power revolution
Nicholas Newman Continental Shift: Africa’s emerging gas to power revolution, a report just published, concerned with the issues of investing in gas fueled independent power production in sub-Saharan Africa, with a focus on South Africa. This report is based on meetings that took place in London offices of Freshfields Bruckhaus […]
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