Commentary, 7/8 2015Aug 24, 2015
A New Generation
“The world needs more energy” is a statement we’ve heard more than once from Tord Lien, Norway’s Petroleum and Energy Minister. The Minister is not alone in this opinion. It’s echoed around the world, especially when you consider that nearly a quarter of the world’s population lives in both economic and energy poverty.
From the Editor, 7/8 2015Aug 24, 2015
Inspiration for the Future
Welcome to our Offshore Europe 2015 issue. The event’s theme – How to Inspire the Next Generation – is both important and a challenge in light of current economic conditions. Many of the features in this issue deal with mitigating cost issues – as well as how the industry can work to maintain and improve personnel skills. Without a doubt, young people today need to be aware that the industry is here to stay and that jobs will be available for them in the future.
Norway’s Energy Outlook – Working to Achieve Efficient, Sustainable Energy SolutionsAug 24, 2015
With nearly two years under his belt as Norway’s Minister of Petroleum and Energy, Tord Lien is an enthusiastic advocate for the country’s oil and gas activities. Although oil and gas prices have dropped over the last year, the Minister remains cautiously optimistic about both the near- and long-term future. Scandinavian Oil-Gas Magazine
spoke with the Minister about the energy issues in the North Sea, in Europe and around the world, focusing on his vision for oil and gas as well as renewable energy.
MOL Group – North Sea NewcomerAug 24, 2015
Active in more than 40 countries, MOL Group is an integrated, independent, international oil and gas company, headquartered in Budapest, Hungary. MOL’s exploration and production activities are supported by more than 75 years’ experience in the hydrocarbon field, and the Group operates four refineries and two petrochemicals plants, under integrated supply chain management, in Hungary, Slovakia and Croatia. With successful completion of a deal to acquire Ithaca Petroleum Norge – which doubled the size of the company’s exploration portfolio – MOL Group will grow its global upstream portfolio by 14 licenses on the Norwegian Continental Shelf.
Asset Life Extension – Dan A Reinforcement CampaignAug 24, 2015
When the Dan Bravo Complex came on stream in 1972, the facility – Denmark’s first producing offshore oil field – was expected to produce for 25 years. Now, thanks to a complex, multi-year subsea structural reinforcement campaign involving the installation of 136 tonnes of new steel, over more than 200 diving days, the life of the complex’s wellhead platform, Dan A, is expected to be nearly trebled to total 70 years when the work is finalised.
Online Equipment Health Monitoring Supports Production Efficiency ImprovementsAug 24, 2015
Alcino Beirao from Emerson Process Management explains how wireless monitoring of critical and essential offshore equipment such as pumps and compressors, can help support a cost effective maintenance programme leading ultimately to increased production efficiency.
World Bank Zero Flaring Initiative Aims May Be Closer Than We ThinkAug 24, 2015
Gas flaring has been a hot topic in oil and gas in recent years, in no small part because of the World Bank initiative to end all routine flaring by 2030.