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DRILLING FOR TALENT: THE CHALLENGES FACING UK IN THE NORTH SEA
by wade on July 22, 2014
(June 20th, 2014) The UK North Sea will remain an important region for oil and gas for years to come. Most of its fields are expected to remain economically viable until 2020 at the earliest, and high oil prices have given a boost to exploration in the North East Atlantic basin in areas previously considered marginal and thereby uneconomic. The region still boasts estimated oil and gas reserves of 9.4 billion boe with a 50 per cent plus chance of recoverability.
EASTERN CANADA’S LARGEST OIL AND GAS INDUSTRY EVENT A SUCCESS
by wade on June 23, 2014
The mood was upbeat at Noia’s 30th annual international conference last week (June 17-20) as more than 1,000 delegates were in attendance to celebrate Newfoundland and Labrador's petroleum industry and its potential for growth. Known as Eastern Canada’s largest oil and gas industry event, the conference included presentations by senior industry players. The Honourable Tom Marshall, Premier of Newfoundland and Labrador opened the conference with a keynote address.
LIFE AFTER OIL
by wade on May 26, 2014
Norway is often held up as a model for Arctic countries looking to ensure that they can make the most of their newly available natural resources. But new concerns about the country’s reliance on oil may have them thinking twice about following in its footsteps.Read more.