The recent annual Oil & Gas UK conference in Aberdeen once again provided an excellent opportunity for operators and service companies to share their own developments and obtain a broader understanding of how the North Sea is faring as we enter
Andrew Bradshaw
The emerging resurgence in United States oil and gas, led by the onshore shale sector, had encouraged some commentators to anticipate that this year’s Offshore Technology Conference (OTC), which has just been held in Houston, would represent a show
With a growing optimism that the three-year downturn in the fortunes of the international oil and gas industry may be improving, all eyes will be on this year’s Offshore Technical Conference
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Will future historians label this price downturn as the point when renewable energy started to overtake oil, just as the Bronze Age overtook the Stone Age all those years ago?
More than 350,000 jobs have been lost globally in the oil and gas industry since the current downturn started in the summer of 2014. By the end of this year, Oil & Gas UK predicts 120,000 jobs in the North Sea will have gone.
