Opinion News

 

Opinion: BHP's Petroleum Exit Shows Oil and Gas May Follow Coal's Path to Toxic Status

Aug 19, 2021

The market hasn't exactly cheered BHP Group's proposed exit from its oil and gas business, with shares of both the mining giant and the acquirer, Woodside Petroleum, tumbling in the wake of deal.A point of concern for investors is that BHP may have sold the assets too cheaply, and that getting only Woodside shares as payment is less than desirable.While there is likely some element of truth in this…

Carbon Capture and Storage Hopes are Pipe Dreams, for Now - Russell

Nov 23, 2023

Carbon capture and underground storage (CCUS) is touted by proponents of fossil fuel production and consumption as the technology that will keep oil and gas in the global energy mix. It is, and at the same time, it isn't.The International Energy…

Op-ed: Cambo: How the UK Needs New Oil and Gas Fields - It's Part of Going Green, Says Industry Expert

Dec 08, 2021

Believe it or not, the UK’s oil and gas industry is the nation’s best bet for building a green and low-carbon future – and that includes opening new oil fields like Cambo, writes Katy Heidenreich, operations director at Oil & Gas UK (OGUK) which represents the UK offshore industry…

Australia's LNG Industry Sees a Somewhat Green Hydrogen Future

Jun 15, 2021

Having scaled the peak of becoming the world's top exporter of liquefied natural gas (LNG), Australia's producers of the super-chilled fuel are contemplating switching their industry around to become the global leader in hydrogen.The keynote…

The Future of Offshore Wind: Size Matters

Jun 01, 2021

Ambitions for offshore wind are ramping up across the globe. Final investment decisions hit an all-time high last year, a record number of new alliances were formed and markets including the EU, China, Japan, and South Korea committed to new or more ambitious climate targets…

Don’t Miss the Boat in the Subsea Market

May 17, 2021

The supply/demand balance in the subsea vessel market is shifting as activity levels rise markedly across many of the sectors these vessels support. Operators and contractors need to be decisive in securing the assets they need, according to Jonathan Lints of broker Clarksons Platou (Offshore)…

Opinion: Developing an All-energy Workforce for a Net Zero Future

Mar 04, 2021

The transition to a lower-carbon economy, including commitments by the UK and Scottish Governments to achieve net-zero by 2050 and 2045 respectively, coupled with increased urgency around climate action plans leading to COP26 in November, have sent a clear message…

The Path to Maturity for Floating Offshore Wind

Feb 12, 2021

Floating Offshore Wind (FOW) is set to be the next big thing in renewable power. It can unlock huge wind potential in new areas globally, but it will also enable many countries lacking suitable seabed conditions for fixed bottom wind to realize large economic benefits…

Offshore Maintenance Backlogs: Breaking the Cycle

Jan 21, 2021

According to Rystad Energy, offshore maintenance budgets were slashed by at least 35% in 2020, thanks to severe spending cuts and Covid-19 restrictions. This could create conditions with a result of equipment failure, asset downtime, and critical health and safety issues…

Opinion: Biden Administration Can Align with Offshore Energy

Jan 06, 2021

Economic recovery. Climate change. Racial equity. COVID-19. These four issues are at the core of President-elect Joe Biden’s Day 1 priorities. Separately, each issue seems like a monumental challenge with no easy solution. But there is a path…

Op/Ed: The Digital Oilfield is Arriving Sooner than We Think

Oct 20, 2020

The Coronavirus and a surge of available connectivity means take-up of new E&P technologies is stronger than ever, writes Tore Morten Olsen, President, Maritime, Marlink.The oilfield of the future is a concept that was emerging before the Coronavirus…

Opinion: The Other Key Workers. Keeping the Lights On

Jun 05, 2020

By James Young, CTO at JDR CablesCOVID-19 has turned life upside down. Birthdays are celebrated over Zoom or from the end of a driveway, bars and restaurants stand empty, and many streets are eerily quiet. Yet, we carry on – largely due to the…

Opinion: An Industry in Crisis: Is a Green Recovery on the Horizon?

May 26, 2020

The energy industry has been known for stringent safety practices, excellent employee benefits and perks, a global network, innovation and a proactive approach to anti-bribery and corruption, but the intense media and public scrutiny it faces today is unprecedented…

Opinion: Driving Competitiveness in Subsea Supply Chain

Feb 27, 2020

By Chris Thompson, chairman of engineering firm Express EngineeringWe all know that the global oil and gas industry operates in a shifting and challenging business environment.Variations in supply and demand linked to global geopolitical issues…

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