Total announces the restart of production on the Elgin/Franklin area on 9 March 2013, following the approval of the safety case by the UK Health and Safety Executive (HSE). Production resumes gradually and should soon reach close to 70,000 barrels of oil equivalent per day (boed; approximately 30,000 boed in Total’s share), that is to say 50% of the production potential from the fields.
Marking the successful introduction of the internationally renown 5S manufacturing system into the company, Saab Seaeye’s Small Assembly Department becomes the first to win the accolade of top department.
The 5S system is adopted by leading organisations the world over as a proven way of improving manufacturing efficiency.
Following the introduction of tax changes designed to encourage growth in the UK oil and gas sector, the industry has responded with the highest investment for more than thirty years. As a result, according to Oil & Gas UK, which (25 February) published its 2013 Activity Survey, thousands of jobs are now being created across Britain and the production of UK oil and gas and resulting tax revenues can now confidently be expected to rise over the coming years.
The Activity Survey shows a diverse mix of investment, ranging from projects of less than £50 million through to some of over a billion pounds, in total soaring to £11.4 billion in 2012. This is now expected to rise even further to at least £13 billion in 2013.
Following the European Commission’s announcement of agreement on an EU Directive on offshore safety, Robert Paterson, Oil & Gas UK’s health, safety and employment director, said: “Oil & Gas UK has worked tirelessly to highlight the very real damage that an EU Regulation could have done to workers’ safety.
Bowtech Products Ltd, a global market leader in subsea vision systems, is proud to announce that it has been nominated as finalists for the Subsea Company of the Year category at Subsea UK’s Business Awards 2013. The awards dinner takes place at the Aberdeen Exhibition and Conference Centre (AECC) on the 6th of February 2013 and coincides with the Subsea 2013 Exhibition and Conference.
VideoRay LLC is pleased to announce the selection of Paco Santana as the Director of Business Development. Mr. Santana’s responsibilities will include developing and leading the VideoRay Business Development team in sourcing, managing, and implementing new business opportunities, especially in the Military, Law Enforcement, and Offshore Oil & Gas markets.
India's state-run Oil & Natural Gas Corp. stung by criticism over its performance, is in talks with energy companies worldwide to forge partnerships to reverse a downturn in its output.
Forty years ago, in 1972, work began on what many people regard as the first Shell Scenarios document, published the following year, though the roots of this work lie even further in the past. Since then, scenario planning has been at the heart of Shell’s business, developing senior leadership understanding of critical factors in the business environment and the possible directions which economic, geopolitical and social systems could take, decades into the future.
Marine solutions company, Offshore Marine Management (OMM) has recently been awarded a three (3) year survey frame agreement from TenneT Offshore GmbH. The Survey & Subsea department of OMM will fully support the agreement, which commences with immediate effect, from their Cambridge Operations offices in the UK.