North Sea – Energy Voice | fuelling the conversation

 

Island electric plane service to cost £10m

The boss of the company working with airline Loganair to launch the world’s first electric-powered commercial air services in Orkney has said the project will cost around £10million to get off the ground. Paul Hutton, chief executive of Cranfield Aerospace Solutions (CAeS), is confident they can win the industry race to introduce the technology, which […]

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October 17, 2018, 11:49 am | Author: Stan Arnaud

Crondall Energy to support Cambo development

Floating production and subsea specialist Crondall Energy has secured a frame agreement contract with Siccar Point Energy to provide support on the Cambo field, west of Shetland. The contract will cover the identification and evaluation of floating production, storage and offloading (FPSO) vessel options for the development and pre-FEED technical assurance of the subsea design. […]

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October 17, 2018, 9:33 am | Author: David McPhee

Roadmap as decom becomes ‘critical’ to uncertain North Sea operators

A global consulting firm has created a “roadmap” for North Sea decommissioning, as operators become “seriously concerned” over its costs. Boston Consulting Group (BCG) has developed the checklist for oil companies as the Oil and Gas Authority (OGA), seeks to reduce decom costs by 35% to a maximum of £39billion or less. The consultants said […]

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October 17, 2018, 6:45 am | Author: Allister Thomas

i3 appoints advisors to assist with delays on Liberator farm-out

North Sea oil firm i3 Energy has appointed acquisitions and divestitures advisor, FirstEnergy Captial, to assist with the company’s farm-out process for the Liberator development. Westhill-based i3 previously announced in June that it had entered a 90-day exclusivity period with a potential partner for the field, but some “key assurances” have not been met. Liberator, […]

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October 17, 2018, 6:39 am | Author: Allister Thomas

OGTC appoints director for subsea and decom centres

The Oil and Gas Technology Centre (OGTC) has appointed a new industrial director to head-up the creation of two new research hubs for the offshore industry. Russell Stevenson will lead the efforts to establish the new national subsea and decommissioning centres. Mr Stevenson is a chartered engineer with 25 years in the industry at Amec […]

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October 17, 2018, 6:10 am | Author: Allister Thomas

RMEC makes investments in staff and equipment

Angus-based energy services firm RMEC Limited is rapidly expanding its workforce as the oil and gas sector shows signs of recovery. Based at Cotton of Pitkennedy by Forfar, RMEC sells and rents well services equipment and provides mechanical and hydraulic servicing of equipment. The group’s trading company saw its revenue increase by 18% from £4.98 […]

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October 17, 2018, 5:00 am | Author: Rob McLaren

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