Commentary, 11/12 2014Dec 5, 2014
Change is inevitable – but the problem is that it’s not always for the best. And often, recent events colour how we interpret change as it unfolds. If you were lucky enough to be in Oslo in November and attend the Autumn Conference, when the International Energy Agency’s World Energy Outlook was presented, you would have heard a light-hearted exchange about how difficult predicting the future can be.
From the Editor, 11/12 2014Dec 5, 2014
Period of Transition
Our final issue always has the feel of something that’s standing in the middle. While we have features that examine the some the recent, fascinating technological advances, we also include a number of articles that look to the future, forecasting how the markets and industry activities might look in the coming months and years.
The Lukoil Overseas ManagerDec 5, 2014
If you’re the people of Iraq and faced with chronic civil war, the threat of a new occupation and endless rebuilding, then Lukoil Overseas’ Senior Vice-President Mr Gati Saadi Al-Jebouri might be the best of allies. Once Bulgaria’s finance minister, Mr Al-Jebouri, an engineer, administers a world of projects. Among company successes on his watch is Iraq’s West Qurna 2 oilfield – one of the world’s largest – where the withdrawal of Statoil ensured Lukoil Overseas would spend heavily to build infrastructure from scratch in the desert sand.
Brazil’s Pre-Salt Production Rolls OnDec 5, 2014
Brazil President Dilma Rousseff recently said that the pre-salt reserves are “Brazil’s passport to the future. She added that much of the revenues from this crude will be invested in social programs, schools, hospitals, infrastructure etc. Petrobras estimates that from 40 billion barrels to 100 billion barrels have been discovered, and is working towards becoming the fifth largest oil producer in the world.” Because she was Mines and Energy Minister and a former Chairman of the Board of Petrobras, Rousseff has deep knowledge of the subject.
Coatings Technology Increases Life of Critical ComponentsDec 5, 2014
Working in the oil and gas industry can be tough, often operating in harsh and difficult environments. With pressure to extract oil from less accessible reservoirs and carry out exploration in new frontiers, it is increasingly important to ensure fields are exploited economically.
Engineering Great Solutions – Harnessing Technical Expertise to Tackle the World’s Most Demanding Engineering ChallengesDec 5, 2014
IMI – a global engineering group focused on the precise control and movement of fluids in critical applications – works with leading international companies in over 50 countries to deliver innovative engineering solutions. Scandinavian Oil-Gas Magazine
spoke with Mike Semens-Flanagan, Director of Strategic Planning for IMI Critical Engineering, the IMI division that specialises in flow control solutions, about the newly rebranded IMI division and its strategic priority to focus on the oil and gas sector.