Energy Northern Perspective – Energy News

News Ticker

[ 21 September 2020 ] Warrego Energy spuds second well on West Erregulla concession in the Perth Basin Exploration
[ 21 September 2020 ] Wintershall Dea awards drilling contract to Odfjell Drilling Contracts
[ 21 September 2020 ] Increased blending of biofuels an assertive initiative by the Norwegian government Renewables
[ 21 September 2020 ] Weekly Rig Counts from Baker Hughes Exploration
[ 21 September 2020 ] Vattenfall supports the European Commission’s proposal to raise emissions targets Renewables

Analysis

Reframing the debate: why we should be talking about how to improve exploration and production

The oil and gas sector is very unfashionable at the moment. Environmental concerns and the rise of renewables combined mean that the industry feels pretty friendless right now. Be honest: how many of us now [...]
Analysis

4 reasons to digitalise your grid today

According to IEA’s Global Energy Review, renewable energy has so far been the energy source most resilient to COVID-19 lockdown measures, with renewable electricity being largely unaffected while demand has fallen for other uses of [...]
Featured

Alternative lifting solutions

Cranes are an essential piece of equipment utilised on a variety of offshore assets around the globe. These safety critical systems provide a link between the sea and installation, lifting equipment to support onboard operations [...]
Featured

UK’s first hybrid crew transfer vessels to boast Danfoss Editron drivetrain systems

When Ørsted’s Hornsea Two offshore wind farm enters operation in 2022, two hybrid crew transfer vessels (CTVs) will be in place to transport technicians and other personnel crews across the roughly 90 kilometres to and [...]
Analysis

Offshore wind is expensive for India – but as compared to what?

In its last article, MEC Intelligence discussed how a demand-supply gap is expected to emerge towards 2030 in India as the scaling of low-cost wind, solar, hydro, nuclear, beyond a certain level would be difficult. [...]
Analysis

The growing competition between pipeline gas and LNG supplies in the European Union amid the COVID-19 outbreak

The European Union plays a crucial role on the global gas market, with 55% share in the global net pipeline natural gas (PNG) imports and 20% share in the global liquefied natural gas (LNG) imports. [...]
Featured

Dedication to advanced completion and intervention solutions: ‘It’s all about technology’

While at university in the 1980s, Jørgen Hallundbæk envisioned a “Well Tractor” as part of his master’s thesis, and he took the concept forward when he founded Welltec® in the early 90s. After more than [...]
Analysis

How digital projects can drive investment and reduce costs

Despite its rich heritage of engineering ingenuity and entrepreneurial spirit, the oil and gas industry has been traditionally slow to adopt new technology. However, following the protracted downturn in recent years, this changed dramatically with [...]
Analysis

Carving out new offshore budgets that drive resilience through new proven technology

As the offshore oil and gas industry recovers from a sudden and deep drop in oil prices triggered by the COVID-19 pandemic and subsequent Russia-Saudi Arabia price war, the sector must identify the most effective [...]
Analysis

Net-zero energy heralds exciting transition period for oil and gas

In the past, the blame for manmade climate change was laid firmly at the feet of the oil and gas sector. As an industry, oil majors and the supply chain have never shied away from [...]
Analysis

Digital solutions key to sustainable energy sector

Quicker and broader adoption of digital solutions is a key element in the future sustainability of the energy industry, never more so than in the current operating climate. Progress has been made and is being [...]
Analysis

Subsea UK: Locking in value to ensure the road to recovery

In between the Teams and Zoom calls, which now fill our days, and the odd webinar or two, it’s becoming increasingly evident that the oil and gas industry needs to have some serious conversations about [...]
Analysis

What might COVID 19 mean for DSOs in the long-term?

Summer is here and COVID-19 is still with us. Though parts of society are reopening, full normality will be a slow, potentially irregular process – three steps forward, two steps back. Nonetheless, the situation has [...]
Analysis

Collectively defining the common goal: Digitalisation as a shared objective

The impact to the oil and gas industry we are seeing from the COVID-19 crisis, and the continuing low oil price, has been considerable. One thing we can be sure of as we start to [...]
Analysis

Keeping the lights on at the end of the tunnel

Across Europe, new COVID-19 cases are declining, and economies are taking tentative steps to ease restrictions and return to something like normality. Assuming we do not see a second peak, this is cause for celebration: [...]
Analysis

How Egypt banks on renewables to meet expected surge of energy demand

To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become a pioneer in the African energy landscape. But are the plans realistic? Egypt’s population [...]
Analysis

Operating a distribution network during a pandemic: The challenges and threats

Overnight, COVID-19 lockdowns have transformed our economies and societies. Factories are quiet, shops are shuttered, offices are empty as people stay at home to stop the spread. The IEA’s most recent report reveals that global [...]
Analysis

How we can emerge from COVID-19 to tackle climate change

If there’s one positive thing that COVID-19 has brought us, it’s clarity. It has never been easier to see the positive impacts of reducing greenhouse gas emissions – the cleaner air in Lisbon, the clear [...]
Featured

Simulation supporting design of subsea equipment

As the oil and gas industry continues to demand efficiencies within the project supply chain, innovative technologies can prove valuable in reducing unforeseen costs associated with rework, redesign and operational work arounds. Once the process [...]
Featured

Market uncertainty and COVID-19 boost UK oil and gas supply chain diversification into non-energy sectors

The Energy Industries Council (EIC) has now published its fourth edition of the Survive and Thrive Insight Report that charts the course 40 EIC member companies have taken to grow against a backdrop of continued [...]
Analysis

India: Why bother about offshore wind at all?

India is among the fastest-growing economies in the world and electricity demand is nearly expected to double in the next decade. India’s electricity demand is expected to go from 1,275 TWh in FY2019 to 2,325 [...]
Featured

Opening the door to the Middle East

How Phaze Ventures worked with Interface Fluidics to bring new oil optimisation solutions to market. The disruptive idea Innovative ideas are often born in the most unlikely of places. For Interface Fluidics, a technology-enabled oil [...]
Analysis

One Sea redefines the autonomous ship agenda

Ship autonomy tests show that a range of technologies can do the job, but clear definitions of different levels of automation, standards and regulations are urgently needed. Free from the burden of day to day [...]
Analysis

A guiding hand for the autonomous ship – ‘We have the technologies. Now we need regulations!’

Eero Lehtovaara talks about ABB’s digital initiatives in shipping and his priorities as the new Chairman of One Sea, a 12-member alliance of ship automation technology companies Capt. Eero Lehtovaara is Head of Regulatory & [...]
Featured

Will the COVID-19 pandemic upend the energy transition?

“It’s moving a global energy system dominated by unabated fossil fuels with greenhouse emissions, to a global energy system dominated by low-carbon energy sources with much lower emissions,” replies Corin Taylor, when asked for a [...]
Analysis

New fuels and heat-sensitive cargo

The new fuels introduced to the bunker market are diverse in nature. However, one particular characteristic can prove troublesome if the vessel is carrying heat-sensitive cargo. Very-low-sulphur fuel oil (VLSFO) is the umbrella term for [...]
Featured

Preventing severe chalk influx with an industry-first lateral drain hole with solids control screens

An operator in the Norwegian North Sea required a simple, low cost method of creating a dual lateral well design in order to access reserves which would otherwise have been uneconomical to recover. The well [...]
Analysis

Chemical industry faces volatile backdrop on road to recovery

The coronavirus crisis may simply accelerate key macro trends already underway, creating a volatile backdrop for chemical companies to navigate on the road to recovery. Four key macro trends are shaping global discontentment: growing income [...]
Analysis

Sustainability takes the spotlight in the offshore industry

“When it comes to the energy transition, one thing is clear: We are not going to switch off oil and gas from one day to the next. That’s why it is called a transition. It’s [...]
Analysis

Data is key to supporting sector through the energy transition

The sudden requirement to work from home and therefore access data remotely has thrown many companies headfirst into digitalisation, whether they felt ready for it or not. What was perceived as a mammoth challenge, pre-coronavirus, [...]
Featured

Oxford Flow investment to fuel innovation and digitalisation

Oxford Flow – the flow control equipment specialist for oil, gas, water and industrial process industries – recently announced an initial investment into its water and industrials business by GF Piping Systems, a division of [...]
Analysis

The time to challenge. The time to create the new normal.

There is no doubt that the double hit of COVID-19 and the continuing low oil price have left our industry in crisis. What is also not in doubt is that collectively we have never had [...]
Analysis

‘Lifeline for many’: UK furlough extension for oil and gas businesses

In light of the announcement of the UK furlough scheme being extended to October, Louise Bancroft, Group HR Director, Airswift – the global workforce solutions company for the energy, process and infrastructure sectors – explains [...]
Featured

The chemical industry’s response to a crisis while in crisis

We often forget how vital the chemical industry is to our well-being, safety and daily lives. The stigma around the issue of plastics waste in the environment often overshadows the progress the industry has made [...]
Analysis

Amid the coronavirus pandemic, the SDGs are even more relevant today than ever before

Nana Addo Dankwa Akufo-Addo, President of the Republic of Ghana, and Erna Solberg, Prime Minister of Norway – Co-chairs of the UN Secretary-General’s Eminent Group of Advocates for the SDGs – discuss why the UN’s [...]
Analysis

New and old challenges facing the oil and gas sector

The oil and gas sector is currently being hit on two fronts: first, by the global impact of the coronavirus pandemic and secondly, by the fall in oil price. Following failed talks between Saudi Arabia [...]
Analysis

Electrifying the merchant fleet

The time for broad-brush references to alternative energy sources has passed. If shipping is to halve its greenhouse gas (GHG) emissions in line with the International Maritime Organization’s (IMO) target for 2050, owners need precise [...]
Analysis

May heralds even more disruption and uncertainty for petrochemicals

The impact of the coronavirus lockdowns on the oil, gas and chemicals industries’ integrated value chains is radically shifting relationships and profitability. It is also making planning virtually impossible, as BASF suggested last week. The [...]
Featured

Fundamental shift required to address the skills dilemma

Since being made redundant in the oil downturn in 1986, I have listened to energy company CEO’s extol the importance of their people, only to witness large-scale redundancies to cut costs whenever the commodity price [...]
Featured

Why autonomous drones are now crucial to business continuity

For companies that remain active and those that have temporarily shut down in light of the Coronavirus crisis, autonomous technology is playing a significant and growing role in maintaining business continuity. Business continuity refers to [...]
Featured

Instant, reliable battery power at all times

When North Sea Giant was delivered to her Norwegian owner, North Sea Shipping AS, in 2011, she was the world’s most advanced offshore construction vessel. After an upgrade including the installation of triple-redundant battery banks [...]
Featured

Ace Oil Tools delivers savings in a close tolerance application through the use of the Ace Ratchet Collar

In all downhole applications, the secure placement of tools and accessories on the outside of the casing or completion string is a critical factor. On average, it is estimated that 50 centralizer tools typically need [...]
Featured

DeltaTek: Saving rig time and optimising drilling operations in the North Sea

Contending with remote and harsh environmental conditions, the challenges presented during offshore drilling can be significant and result in increased rig time and costs. To overcome these challenges, operators are looking for innovative solutions which [...]
Featured

Buildings: The decarbonisation elephant in the room

Say the word “decarbonisation” and most people will conjure mental images of solar panels, wind turbines and shiny new electric cars. However, the chances are they aren’t putting much thought into the house the solar [...]
Analysis

Meston Reid & Co: What are the options for business?

We know things can change quickly in the world of business, but this is altogether new territory companies across the north-east. Not only do they have to respond to the severe – and continuing – [...]
Analysis

Lower for longer

The global chemical sector should prepare for an extended downturn along with lower-for-longer oil prices, both of which will have big implications for profitability and investments. “It’s very possible that Q3 could have negative GDP [...]
Featured

Falcon flies high

2020 sees the Falcon flying high as the top-selling and most successful electric underwater robotic vehicle in Saab Seaeye’s 34-year history. Launched nearly 20 years ago, its visionary future-flexible design has kept the pioneering concept [...]
Analysis

Making the transition with CCS: Sentinel Subsea’s SWIFT to ensure successful storage of captured carbon

Fossil fuels are the backbone of many global economies and, at time of writing, supply 80% of the world’s energy. However, extensive carbon dioxide (CO2) emissions released by burning fossil fuels are widely believed to [...]
Analysis

Chemical and oil companies to slash capex, slowing investment wave

In the wake of the coronavirus and collapse in crude oil prices, chemical, and oil and gas, and midstream companies will all slash capital spending (capex) for growth projects to preserve cash. As a result, [...]
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 [...]

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