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Sunday, August 9, 2020

Oil And Gas Industry News

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Offshore Industry Welcomes UK Gov't Job Retention Bonus. Calls for Long-Term Support

said.The objective of the scheme is to provide a financial incentive to employers to bring their furloughed staff back to work and keep themon over the coming months as an alternative to redundancy. Oil and Gas UK Welcomes the Plan, Calls for Long Term SupportThe UK’s offshore oil and gas industry's representative body Oil and Gas UK has welcomed the Chancellor’s announcement of support for employers, including the Job Retention Bonus and moves to support more traineeships and jobs for young people.The representative body for the sector OGUK said that the UK faces

Jim House, Neptune Energy CEO - Credit: Neptune Energy

Neptune Energy Plans to Let 400 Office Workers Go

;- including staff and contractors - is around 1,900. "The decision to make these proposals was not made lightly, and follows the deferral of project and exploration activities to reduce costs this year as we announced at our full year results in March. The challenges facing the global oil and gas industry are clear and we know we must take further steps in order to emerge stronger and in a position to continue making a positive contribution to society’s energy needs," Neptune Energy said.Jim House, Neptune Energy CEO said earlier this week that like all energy companies, Neptune

Join a webinar on June 17, 2020 for the global release of a major new market study on the depth, breadth and growth prospects of the Offshore Wind Market -- https://zoom.us/webinar/register/WN_UR5uY1boTOKdAAcAXDbR4g
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The Emerging U.S. Offshore Wind Industry in a Post-COVID-19 World

, this is a politically charged topic, and there are several movements afoot to try to change these laws and regulations in potentially material ways, so this will need to be continuously monitored.While the U.S. offshore wind industry is in its infancy, we do have a well-developed offshore oil and gas industry, particularly in the U.S. Gulf. Much of the “oil patch” vessel work has been fixed on the widely used time charter SUPPLYTIME 2005 form. However, because that form was intended for the oil and gas industry, it required extensive amendments to fit the needs of the offshore-wind

Image by Gerd Fahrenhorst/Wikimedia - Shared under CC BY 3.0 license

Weatherford CEO Steps Down

U.S. oilfield services company Weatherford has said that Mark A. McCollum, President, Chief Executive Officer, and a director, has left the company, effective immediately. McCollum, an executive with four decades of experience in the oil and gas industry, joined Weathearford as CEO in 2017, having previously served as CFO at rival service company Halliburton.He will now be replaced by Karl Blanchard, Executive Vice President and Chief Operating Officer, and Christian Garcia, Executive Vice President and Chief Financial Officer, who will form the Office of the Chief Executive, reporting directly

Martin Gilbert - Credit: OGTC

OGTC Names New Chair

in its £11bn merger with Standard Life in 2017, when he became co-chief executive of Standard Life Aberdeen.Welcoming Gilbert's appointment, Colette Cohen, CEO of OGTC said:"We’re excited to welcome Martin to the Oil & Gas Technology Centre at this pivotal time for the oil and gas industry. His extensive experience and strategic leadership will be invaluable as we accelerate technology to support the post-Covid-19 recovery and deliver a net-zero North Sea."“From a standing start in early 2017, the OGTC has become integral part of the UK energy and technology ecosystem

Victoria Strickland (Photo: MTL)

MTL Supports the Next Generation

internship, working with MTL’s vastly experienced and dedicated naval architecture team.Lead Naval Architect for MTL Ian Stewart said: “We were delighted to welcome Victoria to our Kintore headquarters, it was a great opportunity for both Victoria and MTL.“We have worked with the oil and gas industry in Newfoundland, Canada for more than 15 years now, supporting FPSO operators and owners with their floating production operations, including providing structural integrity management and on-station repair services.“We were delighted to have the opportunity to partake in this initiative

For Illustration; EnQuest Producer FPSO - Image by Christian Schmarje/MarineTraffic

EnQuest to Axe 530 Jobs in UK

this timely and efficient collective consultation process that deals fairly with employees. The Company expects to have the new organization established in Q3 2020," the spokesperson said.30,000 oilfield jobs in UK at riskOil & Gas UK, an industry body representing the UK offshore oil and gas industry has said that up to 30,000 jobs could be lost in the UK's offshore oil sector as companies grapple with the effects of the coronavirus pandemic and a 20 year low in oil prices and a 14 year low for gas."There is now a stark contrast in sentiment compared to the beginning of the year

Illustration; Image by wanfahmy / AdobeStock

UK: Around 30,000 Offshore Oil & Gas Jobs at Risk

Deirdre Michie said: “Like so many industries, our members have been profoundly impacted by COVID-19. With historic low oil and gas prices coming so soon after one of the most severe downturns our sector has experienced, these findings confirm an especially bleak outlook for the UK’s oil and gas industry. If the UK is to maintain its supply of domestic energy, protect jobs and build the critical infrastructure it needs to transition to a net-zero future, ours is an industry worth fighting for.“It’s why OGUK is today outlining a three-stage framework with a range of measures for

Bjørn Thore Ribesen - Image Credit: Aker Energy

Vår Energi Names VP Field Development

development of the Norwegian Continental Shelf, and Bjørn Thore’s in-depth knowledge and long experience will be of high value going forward," says Vår Energi CEO, Kristin F. Kragseth.Ribesen has over 25 years operational and strategic experience from the international oil and gas industry. In Vår Energi, he will be in charge of the company’s development projects; Balder X being the most prominent.The project represents an overall investment of over NOK 20 billion (USD 1,92 billion), and involves an upgrade of the Balder and Ringhorne fields in the North Sea. The

Offshore workers - Image by  wanfahmy - AdobeStock

Tens of Thousands of Offshore Jobs at Risk, UK Union Warns

UK-based offshore energy workers' union RMT has called for the government to help preserve the offshore oil and gas industry and jobs amid the coronavirus and the oil price rout.RMT has warned that oil price wars and a public health pandemic could "drive the North Sea oil and gas industry over the cliff edge, putting tens of thousands of offshore workers out of work, increasing the UK's reliance on imported fossil fuels and extinguishing prospects of a just transition for oil and gas workers."RMT General Secretary Mick Cash said: "We are extremely concerned at the potential of

Dawn Summers - Credit: Wintershall Dea

Wintershall Dea Appoints New COO

Summers to the Executive Board and as Chief Operating Officer (COO).As COO, she will be responsible for the Business Units Germany, Norway, the Netherlands, UK and Denmark, Egypt, Libya, Algeria and UAE as of 1 June 2020.Summers has more than 25 years of extensive international experience in the oil and gas industry and has worked for BP, Genel Energy, Origin Energy, and Beach Energy, among others.For the last two years, Dawn has served as Chief Operating Officer of the Australian oil and gas producer Beach Energy. Prior to that she was Chief Operating Officer responsible for the integrated gas division

(Photo: OPITO)

Online Tool Helps Assess Drilling Safety

and results are instantly available.  The new Roustabout assessment contains a variety of role specific questions that have been reviewed and tested with the current offshore workforce to ensure the language and content is fit for purpose.There are more than 8,500 roustabouts employed in the oil and gas industry in Scotland alone, making up 5% of the total UKCS workforce.Mark Cullens, director at OPITO, said, “Working alongside the drilling community has allowed OPITO to offer a robust, relevant assessment option for employers to ensure their roustabouts have the knowledge to carry out their

Marc Clayton (Photo: Dan-Bunkering)

Dan-Bunkering Staff Changes in Houston

line with the ambitions of the company.Marc Clayton was employed as Senior Bunker Trader Offshore Division as per 1 July 2019 and will be supporting William by primarily focusing on the oil and gas sector. Marc is originally from South Africa and has more than 10 years’ experience within the oil and gas industry, thus he brings along valuable knowledge and expertise to the relatively small but growing offshore division of the company

David DeVilbiss (Photo: Glosten)

DeVilbiss Joins Glosten

of Marine Casualty & Emergency Response at Global Diving & Salvage, Inc., DeVilbiss oversaw all marine casualty and emergency response operations throughout all operating regions. He brings over 25 years of marine industry experience ranging from vessels, marine infrastructure, and the oil and gas industry.DeVilbiss attended Le Tourneau University (Mechanical Engineering), the Divers Institute of Technology (Commercial Diver), and Lloyds Maritime Academy (Salvage Law and Practice)

Image: IRENA

Renewable Energy Brings 11 Million Jobs

is responsible for the bulk of the sector’s 1.2 million jobs. China alone accounts for 44 per cent of global wind employment, followed by Germany and the United States.Offshore wind could be an especially attractive option for leveraging domestic capacity and exploiting synergies with the oil and gas industry.  

Matthew Gordon (Photo: Unique Group)

Unique Group Targets Growth in Europe

, UK.With offices in the UK and the Netherlands, Unique Group has more than 25 years of experience in Europe with a track record in the subsea construction, diving and IRM industries. Gordon is now heading the region with immediate effect.Gordon has over 22 years of experience in the subsea oil and gas industry, with previous senior management roles held in Fugro Survey, Subsea7 and Viking Seatech. His last role before joining Unique Group was as Managing Director – UK at Atlantic Offshore, an emergency response and rescue vessel provider

i-Tech 7 Hires New Business Development Manager

development manager for its Asia Pacific & Middle East region.Roberts, who joins from Total Marine Technology (TMT) where he was operations manager, will be based in the company’s Perth office, in Australia. He brings to the role more than 25 years’ experience in the offshore oil and gas industry, specializing in the delivery of remotely executed subsea solutions and tooling across the entire lifecycle of a subsea development.Roberts will work with Simon Hird, i-Tech 7’s Asia Pacific regional director, who joined the company earlier this year.“[Roberts] is a well-known

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