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Overview: Mexico’s Oil & Gas Industry

Overview: Mexico’s Oil & Gas Industry   Mexico has been producing oil since the early 1900s and in the 1920s it was one of the world’s top crude oil producers and exporters. Following a bitter labour dispute, Mexico nationalised all oil assets in 1938, giving the newly created state oil firm Petróleos Mexicanos (Pemex) the exclusive rights to explore, extract, refine, and market oil and oil products in the country. More than seven decades later, Mexico’...

The Prospects of the Subsea Oil & Gas Industry

The Prospects of the Subsea Oil & Gas Industry   The recovery of oil prices this year brought about a welcome recovery in offshore drilling activity. Offshore oil and gas projects in many parts of the world become increasingly competitive after the industry has slashed costs and optimised designs during the difficult years of the downturn. Now the industry hopes that the still slow but noticeable recovery in offshore exploration and production will trickle down to the supply ch...

ADIPEC 2018: Overview

ADIPEC 2018: Overview   The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC)—one of the world’s leading oil and gas events—took place between 12th and 15th of November, welcoming the industry’s top executives, key energy ministers and influencers, and thousands of exhibiting companies. Delegates, exhibitors, and attendees had the chance to see the latest technological developments and offerings and take part in dozens of sessions discussi...

Implications of IR35 for the oil and gas industry Jill Douglas, EY Director, People Advisory Services

Implications of IR35 for the oil and gas industry Jill Douglas, EY Director, People Advisory Services   In the recent Autumn Budget the Chancellor announced changes to the legislation for off-payroll workers, known as IR35. The new regulations have the potential to make a significant impact on companies within industries that rely on contractors such as oil and gas. IR35 was introduced in 2000 in a bid to tackle alleged tax avoidance by individuals using Personal Service Companies...

Opportunities in Mexico

Opportunities in Mexico   OGV in association with Whittaker Engineering, hosted a business focus lunch discussing the opportunities in Mexico for Oil and Gas related companies. Presentations from Angela ?… from ProMexico and Murray Whittaker from Whittaker Engineering, provided key benefits and expert knowledge on this growing market. For many major oil companies, Mexico is becoming a land of opportunity. Mexico is one of the largest oil producers in the world, (Producing 2....

Embracing the circular economy

Embracing the circular economy   The term ‘circular economy’ is increasingly finding its way into the consciousness of individuals, businesses and governments, as sustainability becomes a top priority for all. The Scottish Government’s Zero Waste Scotland programme is just one example of how the principles of a circular economy are being placed at the core of legislation, however there is still a long way to go because in the oil and gas industry, sustainability is l...

Breaking the mould

Breaking the mould   Over the next decade, 1,400 oil and gas wells are forecast to be abandoned on the UK Continental Shelf, at a cost of around £7 billion; a huge financial burden and an equally huge opportunity for innovation. Plugging and abandonment (P&A) is one element of the decommissioning process which certainly delivers on the complex and challenging front. It’s the process by which a well is closed permanently, usually after production has drained the rese...

The Prospects of the Subsea Oil & Gas Industry

The Prospects of the Subsea Oil & Gas Industry   The recovery of oil prices this year brought about a welcome recovery in offshore drilling activity. Offshore oil and gas projects in many parts of the world become increasingly competitive after the industry has slashed costs and optimised designs during the difficult years of the downturn. Now the industry hopes that the still slow but noticeable recovery in offshore exploration and production will trickle down to the supply ch...

Logistics in Oil and Gas - A growing global energy demand. Article by Tsvetana Paraskova

Global energy demand is constantly growing and so is the logistics business for the oil and gas sector. Logistics is a key component of every step of producing oil and gas and transporting said oil and gas to storage, to refineries, or to consumers. In the upstream, logistics to produce oil and gas is the transportation of drilling equipment to the drilling location. In the case of hydraulic fracturing in the US shale patch, it also involves transporting frac sand, water, and chemicals to th...

Digitalisation in Energy: Companies adopt advanced technologies

After the oil and gas industry emerged ‘leaner and meaner’ from the oil price crash of 2014, it is increasingly adopting digitalisation and advanced technologies in its ongoing efforts to boost efficiency and cut costs, improve management and reduce downtime. Digital innovations and the digital transformation help energy companies reduce operational expenses, optimise production flows, cut downtime, extend the life of the oil and gas assets, and increase the safety of operations....

Titan Torque invests in the future with state-of-the-art EnerQuip torque machine

Leading oilfield services business Titan Torque has doubled its operational capacity – and signalled its long-term confidence in the offshore oil and gas industry – with a major investment in a new torque system from EnerQuip, the torque machine specialists. Both Titan Torque and EnerQuip, which designed and manufactured the new unit for Titan, believe the combination of its scale, capability and power make it the largest machine of its kind in Europe. Situated in Aberdeen, the...

VROC - AI for engineers, Case Study exploring the benefits for the Oil and Gas industry

The typical challenge in every plant and installation is that although they generate billions of data points, this is not converted into actionable insights for engineers. Big data analytics consists of 4 key stages: 1. Collecting the data (data from different machines is stored in a single data warehouse/historian). 2. Cleaning of the data (deduplication – removal of duplicate data) 3. Analysis of the data to give key insights to engineers. Currently most systems offer condit...

How FutureOn’s digital twin technology benefits the offshore oil and gas industry

By Darrell Knight, Senior Vice President for Global Accounts, & Thornton Brewer, Client Relations and Strategic Partnerships at FutureOn®, a leading digitalisation firm A primary goal of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) is to help the oil and gas industry understand how digitalisation can transform asset performance. According to ADPIEC, almost 70 percent of oil and gas companies believe digitisation will benefit its field development and drill...

Women in Industry feature - Saloua Tiar, Senior Petroleum Engineer, ADNOC

Saloua Tiar, Senior Petroleum Engineer, ADNOC What was your first job in the industry I started my career as a Production Engineer with an International Oil Service Company in Hassi-Messaoud – Algeria. I supported clients’ projects from: Petroleum engineering software, licensing, training, and modelling to data analysis. How did you get into the oil and gas industry and was this always the industry for you? I decided to study Hydrocarbon and Gas Production Engineering, a...

The Value of Digital Data Analytics - Mohammed Al-Ghazal, Operations Supervisor at Saudi Aramco.

Mohammed Al-Ghazal, Operations Supervisor at Saudi Aramco Unconventional Resources. A key part of Mohammed Al-Ghazal’s role is exploring opportunities for data analytics in the Oil and Gas sector. At a time when digitalisation continues to transform the face of the industry, it is imperative to extract the true value in data in order to unlock efficiencies. Oil and gas continues to play an essential role in fueling important functions of our everyday life, including transportation a...

Middle East Oil & Gas: Key Recent Developments - Article Tsvetana Paraskova

Although it has been generally viewed for decades as one of the world’s most restive regions, the Middle East holds nearly half of all total proved oil and gas reserves in the world. Middle Eastern oil producers continue to look for ways to develop more of their reserves, to replenish declining production from mature fields, and to invest in the downstream and petrochemicals business to prepare for the future oil market when petrochemicals are expected to lead global oil demand growth....

Hydrogen Conference lays foundations for new era in clean energy

A conference at Aberdeen’s Double Tree by Hilton Hotels, organised by Environmental Resource Management (ERM) and Pale Blue Dot Energy in partnership with the Interreg North Sea Region HyTrEc2 project, Aberdeen City Council, H2 Aberdeen, Opportunity North East (ONE) and Scottish Enterprise, discussed the new opportunities that the Hydrogen economy could bring to the North East of Scotland earlier today. Keynote speakers included: Matt Hitchens – Senior Policy Advisor at BEIS, Stua...

More than words — taking action when it comes to inspection and maintenance

Having clear policies and terms in place for owned or rented equipment maintenance is of course important, but rarely is it more so than in the UKCS where unscheduled downtime or unsafe facilities can bring significant losses and liabilities. But beyond the paperwork, what else ought suppliers and their customers consider? Background When providing goods and services, supply chain companies will typically try to offer as full a service or solution as possible; however, in many cases th...

Women in the Industry - Jenni Davidson, Cased Hole Analyst at READ Cased Hole

Jenni Davidson, Cased Hole Analyst, READ Cased Hole What was your first job in the industry? I started my oil and gas career at READ in 2013 as a junior well integrity analyst. Joining the industry as a trainee has been a great way to learn on the job. Over the last five years, I have been able to develop my analytical skills and have worked across a variety of really interesting projects for customers worldwide. I am now a cased hole analyst – this involves interpreting data from ma...

A Day in the Life - Captain Jonne Vaalama, Ship Captain of the Kreuz Installer

I started my maritime career in 1992 as a seamen on a tall ship. In 1995 I moved on to mainly working in the roll on/roll off (RO-RO) ship industry which predominately deals with transporting wheeled cargo such as cars and trucks. When I was offered the opportunity to join an offshore vessel in the North Sea in 2000, I jumped at the chance and immediately knew this is where I wanted to build my career. I joined Kreuz Subsea in 2012 as chief officer and was promoted to ship master in 2016. Bas...
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