Changes have revived interest in deepwater projects and enabled new ones in regions including the North Sea, the Gulf of Mexico and China Seas.
Exploration and Production
Colorado School of Mines suggests that by 2050, chemical industrial lasers could perhaps replace conventional drilling solutions.
Today it has never been easier or cheaper to launch an energy startup since many need little in terms of money or supplies as their ideas have gone no further than their laptops. The leap from concept to prototype and on to the market is when startups need to raise […]
Nicholas Newman Ingenia magazine September 2016 Lying 125 kilometres west of the Shetland Islands, the Laggan-Tormore project involved the development of two gas fields and construction of a gas-processing plant and export pipeline in some challenging circumstances. David Hainsworth, Operations Manager of Exploration and Production at Total UK, speaks to Nicholas […]
Nicholas Newman Eniday August 2016 Last year, the UK’s oil and gas sector suffered a 30 percent drop in revenues, 43 percent of the North Sea fields operated at a loss and 65,000 jobs were lost. Likewise, investment in new projects took a hit, falling from an average of £8 billion […]