Petroleum Review - February 2012
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Perspective – New frontiers, new future
Louise Kingham OBE FEI, CEO, Energy Institute
OIL & GAS – BUSINESS MANAGEMENT
Top 10 opportunities for oil and gas
Market volatility, pricing pressure, variations in market performance, demanding stakeholders – all have contributed to a global economy that encourages competitive drive. And with that drive comes opportunity. For that reason, Ernst & Young has broadened its annual Business Risk Report to include a list of the top 10 opportunities for oil and gas.
FINANCE – GAS
A new gas paradigm
This year, 2012, will be the one when trends that have been gathering momentum for the past few years combine to launch an unprecedented period of investment in the production of natural gas and the infra-structure required to develop a global market. Bora Bariman, Associate Director, Oil & Gas, Lloyds Bank, explains.
FINANCE – RENEWABLES
Redefining the cost of going green
The bankruptcy of a Californian solar panel manufacturer and the cost of offshore wind power for an independent Scotland have focused minds on government subsidies for renewable energy production across the globe, writes Maria Kielmas.
FINANCE – OIL AND GAS
The year of the big spenders?
Oil and gas industry leaders have forecast a year of significant capital expenditure in 2012, according to a new Economist Intelligence Unit report commissioned by industry technical advisor GL Noble Denton. However, companies need to be prepared to cut back if the economy fails, writes Pekka Paasivaara, GL Noble Denton.
FINANCE – AFRICA
A continent of opportunity?
African oil and gas reserves will be crucial to meeting global energy demand and will spur the continent’s regeneration over the next decade.
DANGEROUS GOODS – REGULATIONS
Channel of communication
Training is at the heart of safety, nowhere more so than when it comes to the transport of dangerous goods. Recent developments are moving towards a more structured approach to training, as the remit of the dangerous goods regulations continues to expand, writes Peter Mackay, Editorial Director, Hazardous Cargo Bulletin.
LIBYA – OIL AND GAS
Optimistic outlook
The medium-term outlook for Libya’s oil and gas sector is optimistic, but war damage repairs are needed, write Paul Cochrane in Beirut and Amelia Smith in London.
PIPELINES – MARKET OVERVIEW
Growth in the pipeline
Luke Davis and Gregory Brown of Infield Systems report on the current state of the global pipeline and control line markets and what industry observers can expect for a transitional market cycle.
Managing risk in an integrated environment
Knowledge Reservoir’s Marv LeBlanc looks at the steps the US is taking to improve the safety of its pipeline operations.
PIPELINES – SUBSEA
Safely pushing the envelope
Subsea is increasingly right at the forefront of development in new frontiers, with the industry rising to the challenge of reaching further and going deeper than ever before. The sector must therefore keep one step ahead in terms of R&D to deliver the technology and services for tomorrow’s E&P requirements, writes Neil Gordon, Chief Executive, Subsea UK.
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