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Opinion: What you need to know about the IP of subsea technology

Innovation has always been key to the oil & gas industry and recent years have seen some exciting developments, particularly in subsea technology. For example, autonomous underwater vehicles (AUVs) . . . independent robotic, programmable vehicl… Read More

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Opinion: You can fool all the people some of the time!

Our national broadcaster ran a headline recently that said “UK car manufacturing hits 10-year high in 2015”. Other outlets said similar things and one included some comment about the fact that Jaguar Land Rover was now outperforming Nissan. The post… Read More

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BP hit with $2.2billion loss, job losses to total 7,000 by end of 2017

Oil major BP posted a loss of $2.2billion in the fourth quarter of last year after being hit by restructuring charges and writedowns amid the lower oil price. Last month the company said it would be reducing its global headcount, including 600 staff … Read More

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Emerging stocks drop as oil sinks energy shares

Emerging-market stocks headed for their first decline in five days as energy producers dropped with oil and concern grew over the outlook for the global economy. The Malaysian ringgit paced losses for developing-nation currencies. The MSCI Emerging M… Read More

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Texas shale drillers lure $2 billion in new equity to Permian

Oil producers in West Texas, defying expectations they would fall victim to OPEC’s price war, are instead selling investors on the idea that they can still profit with prices below $35 a barrel. Drillers in the Permian Basin, the biggest US shale fie… Read More

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Morgan Stanley: This is what a world without oil looks like

Much ink has been spilt over the leakage of collapsing crude prices into wider markets. A new note from Morgan Stanley analysts led by Chief Cross-Asset Strategist Andrew Sheets demonstrates the degree to which the fortunes of the energy sector are c… Read More

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First Minister says ‘every reason’ to be optimistic about Aberdeen’s future

The first minister said yesterday there was “every reason” to be optimistic about Aberdeen’s future despite the current challenges facing the region. The post First Minister says ‘every reason’ to be optimistic about Aberdeen’s futu… Read More

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Sturgeon calls for detailed tax action plan from Westminster

First Minister Nicola Sturgeon has said a “detailed action” plan will be presented to the Treasury before next month’s budget, including calls for further tax measures. The post Sturgeon calls for detailed tax action plan from Westminster appeared f… Read More

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Opinion: A real need for step change and efficiency

The announcement last week that £504million of public sector money will be invested in support of the Aberdeen City Region Deal is very welcome news for the north-east of Scotland. The post Opinion: A real need for step change and efficiency appeared… Read More

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Aberdeen seminar will open the door to Iran

North-east firms will be urged to get into Iran at a seminar in Aberdeen later this week. Aberdeen and Grampian Chamber of Commerce (AGCC) and legal firm Pinsent Masons are teaming up to bring business leaders up-to-date on the opportunities and chal… Read More

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GE: In Subsea “simple” is king

Technology and simplification are the critical factors to recovery, according to GE leader Neil Saunders. The newly appointed chief executive of subsea and drilling sat down with Energy Voice a month after taking up his new role. Four weeks in, the i… Read More

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Tech Tuesday: Expro wellhead surveillance technology aims to optimise production

Expro are currently collecting real-time data to support production optimisation from brownfield wells using their non-intrusive wellhead surveillance technology. With more than 70% of current world oil production coming from mature fields, the chall… Read More

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Easyjet plans could see passengers served water from hydrogen batteries

Passengers with a low-cost airline could be served water created as a waste product from hydrogen batteries under plans for a zero emissions fuel system. Budget airline easyJet made the claim as it unveiled designs for a hybrid plane which could be t… Read More

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Aker Solutions lands two ConocoPhillips North Sea contracts

Aker Solutions’ maintenance, modifications and operations (MMO) business in Norway secured two contracts for work at North Sea fields operated by ConocoPhillips. The company received a framework agreement for a fixed period of five years to bec… Read More

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Gazprom plans record exports to Europe as it briefs investors

Gazprom PJSC, the Russian natural gas producer preparing to meet investors in New York and London this week, seeks to increase supplies to Europe to record levels. The post Gazprom plans record exports to Europe as it briefs investors appeared first … Read More

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