Energy Northern Perspective – Energy News

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[ 24 March 2020 ] Call for abstracts: Petroleum Systems Conference 2020 Events
[ 24 March 2020 ] Continued government support for carbon capture Technology Centre at Mongstad Projects
[ 24 March 2020 ] Oil and gas digital platform secures additional investment News
[ 24 March 2020 ] Iqarus develops potentially life-saving service during pandemic News
[ 24 March 2020 ] Wärtsilä simulation technology creates essential testing environment for smart marine solutions Maritime/Offshore

Analysis

Why offshore suppliers must embrace the renewables shift

Times are changing in the offshore market. The global charge towards decarbonisation, fuelled by growing public environmental consciousness, is driving yet further change in our energy mix. Governments and large energy companies alike are pouring [...]
Featured

Northern Lights show the way to seaborne CCS solutions

Recent high-level reports have tagged carbon capture and storage (CCS) as critical for achieving the UN’s global emissions reduction goals, with the maritime transport of CO2 emerging as an essential link in the decarbonisation chain. [...]
Featured

Ground-breaking Hull Skating Solutions: A revolution in proactive hull cleaning

Jotun has developed a revolutionary, proactive cleaning solution for the most challenging operations. Jotun Hull Skating Solutions (HSS) offers high performance antifouling, proactive condition monitoring, inspection and proactive cleaning, high end technical service, and performance [...]
Analysis

Autonomous technology can mitigate the business impact of the coronavirus

The coronavirus has exposed the soft underbelly of critical infrastructure and industrial sites worldwide – workforce availability. As more and more companies implement business continuity plans to deal with the outbreak, fewer and fewer employees [...]
Analysis

Crude collapse to crush US petchem advantage

The collapse in crude oil prices is wiping out much of the US petrochemical competitive advantage while global demand is being slammed by the continuing spread of the coronavirus. Financial markets are seizing up, throwing [...]
Featured

Trending to the future: DNV GL’s ‘Technology Outlook 2030’

How will the world look in 2030? A recently released report from DNV GL, Technology Outlook 2030, strives to bring focus to how the next decade will play out from a technology perspective. Examining trends [...]
Featured

IEA aims to close the gap between energy and climate goals

Earlier this month, the International Energy Agency (IEA) hosted ministers and high-level representatives from COP host countries to discuss how the energy sector can work to meet climate and other sustainability goals. As part of [...]
Featured

NCS petroleum resources remain steady

This week, a report from the Norwegian Petroleum Directorate (NPD) estimated that, as of 31 December 2019, the total proven and unproven petroleum resources on the Norwegian Continental Shelf (NCS) were approximately 15.7 billion standard [...]
Featured

Wind ships ahead

Wind has never been entirely dead. But now that we have realised the ecological consequences of burning fossil fuels, and IMO has imposed binding international emission restrictions, wind-assisted shipping is attracting attention again. Two French [...]
Featured

Oil and gas industry aims at ‘net zero’

In a recent commentary, Sara Budinis, Energy Analyst with the International Energy Agency (IEA), defines “net zero” or “carbon neutrality” saying, “…that any CO2 released into the atmosphere from human activity is balanced by an [...]
Analysis

Subsea companies may face bigger challenges in upturn than downturn

Richard Pugh, Investor at equity investor BGF, discusses why an upturn in the subsea sector may not be plain sailing and outlines why is it crucial to get your funding ducks in a row from [...]
Featured

Baker Hughes’ Energy Forward: transformational technologies

Day two of Baker Hughes’ annual meeting in Florence, Italy, explored a number of technologies that are already transforming how the oil and gas industry is moving into the future. First off was Tom Siebel, [...]
Featured

Baker Hughes on the path to net-zero carbon emissions

In what’s become a February tradition, Baker Hughes held its annual meeting – AM2020 – in Florence, Italy, examining the latest industry topics and issues. The meeting’s first day took up the oil and gas [...]
Featured

Driving efficiencies in P&A operations

Influenced by statutory obligations and responsible asset stewardship, well decommissioning is the inevitable end stage of a producing field. It is becoming increasingly common now many assets are reaching the end of their productive lives, [...]
Featured

The oil and gas industry’s place in the energy transition

The recent oil and gas industry report from the International Energy Agency (IEA), The Oil and Gas Industry in Energy Transitions – Insights from IEA analysis, includes a strong argument for how the industry needs [...]
Featured

Keeping the grid in balance with SVC Plus

With the growing amount of renewable energy along with burgeoning distributed generation, the modern-day power grid faces many challenges. One challenge is that under current network codes distributed generation sources are not required to supply [...]
Featured

Composite materials technology moves flexible pipe into the 21st century

Conventional flexible pipe – designed for use in applications such as floating production systems – consists of multiple layers of polymer tubes and wound steel helices. A part of the Baker Hughes’ wider Subsea Connect [...]
Analysis

A new offshore investment cycle is in the making

In retrospect, 2019 was another strong year for offshore exploration and production companies. Free cash flow remained strong and tell-tale signs have emerged that we are entering a new offshore investment cycle. This trend was [...]
Featured

The use of composite pipes to enhance production in the North Sea

Traditionally, oil and gas pipelines are constructed from carbon steel as it is generally low cost and widely available. However, carbon steel has several inherent disadvantages, including corrosion, fatigue and weight. According to research, an [...]
Analysis

Global chemical supply, demand threatened by Middle East escalation

Military action leading to closure of the Strait of Hormuz between Iran and Saudi Arabia could seriously disrupt global trade in chemicals and oil products, with a knock-on effect for the world’s already fragile manufacturing [...]
Analysis

Europe dominates LNG import story in 2019

Global LNG production jumped in 2019, triggering oversupply and low prices that are expected to persist in 2020. Initial full-year data from LNG Edge shows exports at 355 million tonnes in 2019, up from 314.9 [...]
Featured

UN Climate Change Conference – closing with cautious optimism

During the closing plenary of COP 25 in Madrid, the statement by Norway’s Minister of Climate and Environment, Ola Elvestuen, struck a cautiously positive note, pointing out that including Norway, 80 countries pledged to step [...]
Featured

Collaboration, creativity and commercial partnerships – the new upstream triumvirate

How industry partnership models mark a new era for extending life of field. […]
Featured

The factory of the future; the new generation of subsea is here

Subsea technology is a part of our industry experiencing huge advancements, largely due to the need for infrastructure and equipment that can cope with the increasing challenges of mature basins, ever deepening water and ever [...]
Featured

Teekay achieves Oslo Børs green bond listing

At the beginning of 2015, Norway’s Oslo Børs was the first stock exchange to create a separate listing for green bonds in order to raise green investment awareness. Proceeds from green bond listing on the [...]
Featured

Norway at COP 25: “We must act immediately”

Taking place in Madrid, under the Presidency of the Government of Chile with logistical support from Spain, this year’s UN Climate Change Conference – COP 25 – is now underway and running through 13 December. [...]
Featured

Extremely compact, maintenance-free: innovative flow control technology

As an innovative developer of pressure and flow control equipment, Oxford Flow can trace its engineering roots to jet turbine research, when the company’s CTO, Professor Tom Povey worked to develop a pressure regulator that [...]
Analysis

We need a rebellion against bio-fouling extinction

Tor Østervold, CEO of ECOsubsea, believes we’ve had our sights set on the wrong target when it comes to tackling the threats posed to marine biodiversity. Invasive organisms are now accepted as the main drivers of species extinction […]
Featured

Subsea Connect: lower costs, improve productivity, increase yield

When it comes to oilfield development expertise and products, Baker Hughes, which offers both services and equipment, spans the entire life of a field – from concept to commissioning and production. The Baker Hughes’ Subsea [...]
Featured

The reality of snakebites – time is tissue

With at least 600,000 people worldwide killed or permanently disabled each year, snakebites are the biggest public health crisis that no one has heard of. For projects in Africa, Asia and Latin America, the oil and gas industry needs to consider the risks […]
Featured

Green CCS

Recall biology class, where we learned that growing vegetation – photosynthesis – makes use of atmospheric carbon dioxide and releases, among other things, oxygen – and that we animals use oxygen and exhale carbon dioxide. [...]
Featured

Majors weigh in on the energy transition

Publications released this week by Total and Eni highlight the ongoing energy transition and renewable energy sector. Both publications focus on lower carbon energy sources, in particular the use of natural gas rather than coal [...]
Featured

Offshore wind: near limitless potential

Last week, in the run-up to its annual World Energy Outlook 2019, the International Energy Agency (IEA) released an excerpt – Offshore Wind Outlook 2019. The WEO excerpt offers a comprehensive look at the offshore [...]
Featured

Double your money with zirconia ceramics in oil and gas

Ray Mouw, Business Development Manager at Morgan Advanced Materials’ Technical Ceramics business, explains why magnesia stabilised zirconia ceramic components will be vital for pumps that work in harsh environments, such as oil and gas, and [...]
Analysis

Plastics producers in danger of becoming household names for all the wrong reasons

The plastics or polymers industry was for many years a hidden industry. For most of its history, nobody has known much about the plastics business because it is sandwiched between oil and gas and a [...]
Featured

Simple innovation enabling an evolution in well construction and completions

The changing face of the oil and gas industry and the vital need for cost effective solutions has resulted in a successful shift in focus for Deep Casing Tools (DCT). For more than a decade, [...]
Featured

Q-Pulse 7: Deeper understanding across the quality, safety, risk and compliance space

UK-based Ideagen plc – a developer of enterprise governance, risk and compliance (GRC) software for organisations operating in highly regulated industries – recently launched a new and improved version of its Q-Pulse quality, safety, risk [...]
Analysis

Conductor-supported platforms: Demystifying the industry’s best-kept secret

For the field development engineer striving to deliver the most cost-effective concept design for a shallow water development, there are a variety of possible routes to take. Maybe a subsea tieback would provide the most [...]
Featured

Why the new energy generation should not focus on the past

Simon Bransfield-Garth, CEO of Azuri Technologies, provider of next-generation energy in off-grid Africa, comments on how Africa is forging a new path for renewable energy. A changing climate for new solutions The saying goes, the [...]
Featured

Raising awareness: IADC Cybersecurity for Drilling Assets Conference

This week’s first IADC Cybersecurity for Drilling Assets Conference examined the spectrum of issues and challenges facing the global drilling industry as it generates tremendous amounts of data that must be securely communicated between on-site [...]
Analysis

How to translate innovation from water to oil and gas

A typical offshore oil and gas platform has some 20,000 valves, with each valve being anything from 4 inches to 44 inches in diameter and worth USD 20,000 to 500,000. That’s 20,000 opportunities to drive [...]
Analysis

Environmental performance and the compliance superhero

Compliance Officer. Not traditionally a role to fill the heart with joy or put fire in the belly of an ambitious graduate. And historically not a department that has been embraced by colleagues. For rather [...]
Featured

TOTEX: Commercial creativity and the supply chain of the future

For as long as the industry existed, oil and gas has been an attractive investment. Since the first recorded subsea wells were drilled in the late 19th century, subsurface engineering and developments were the pinnacle [...]
Featured

Providing insight through data: Brainnwave applies augmented intelligence to pinpoint opportunity

Perhaps the most daunting aspect of the information age is the shear amount of available data. How can decisions be made when a simple Internet search can lead to hundreds of thousands, if not millions [...]
Featured

Dillinger makes your plates talk to you: Plate processing à la carte – via Smartphone

Dillinger, Europe’s leading producer of heavy plate, is working at full throttle on the digitalisation of its value chain. The company is backing design-thinking processes in innovation management to meet its customers’ present and future [...]
Analysis

Petrochemical feedstock supply under attack

Drone attacks on Saudi Aramco will severely disrupt NGL and petrochemicals supply – much more than oil. The impact on global economic and geopolitical dynamics will be huge. The drone attacks on Saudi Aramco’s oil [...]
Featured

Jotun continues to lower risks and raise safety levels with Jotachar mesh-free epoxy passive fire protection

Manufacturers would have you believe that for any traditional epoxy intumescent coating (EPFP) product to meet industry requirements for fire safety, durability and system adhesion, it requires additional system reinforcement […]
Featured

Global reach – Iridium leverages worldwide coverage

Geostationary configurations, most of which orbit high above the Earth’s equator, have a long history within satellite communications. While coverage from geostationary satellite systems is near complete, the “newcomers” – Low-Earth Orbit (LEO) satellite arrays [...]
Featured

On solid footing – ‘Innovation’ XXL racks and chords from a single source

Offshore wind energy is a crucial pillar of sustainable energy provision. Key factors in securing the economic viability of this energy source are highly efficient turbines and high-performance mobile platforms or jack-up installation vessels for [...]
Featured

Blending innovation benefits to drive down intervention costs

The world demands more energy Pressure on the oil and gas well infrastructure continues to be challenged by ever increasing global demand. In its World Oil Outlook 2018, OPEC predicts primary energy demand will increase [...]

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