As a world leader in offshore wind and deep sea oil exploration and field development, there is a global demand for UK energy-sector equipment, staff and training, consultancy services. For current and new exporters, contracts can vary between just a few thousand pounds to many millions.
In sum, some industry experts expect to see a continued slowdown in new well investment as the industry conserves cash and waits for the bottlenecks to be eased. More bankruptcies are to be expected, especially among smaller players, who are most reliant on attracting new investment to stay in business.
Meanwhile, many industry experts are wondering just how competitive the new output from this investment in the Marjan and Berri oilfields will be, as compared to American shale oil.
This is a brief list of some of the work completed for various clients in a variety of formats, during the past month. In July I covered a wide range of topics including developments in the oil and gas business, maritime sector including use of hydrojets, global environment, power generation including renewables, the application of industrial internet of things, constuction challenges and bunkering logistics. In addition, I visited and reviewed the current exhibition at Oxford’s Ashmoleum Museum. Plus produced a briefing on Italian utility Enel. Contact me to find out more email@example.com
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.