Andy Norman

Recent Posts

Global Economic Outlook 2017 – where does your country sit?

Posted by Andy Norman on 25-Apr-2017 10:00:00

Deloitte’s John England hit the nail on the head in his latest report, 2017 outlook on oil and gas, when he described his views on the global economy in 2016, 2017 and beyond. “While I called 2016 the ‘year of tough decisions,’ I’d characterise 2017 as ’the slow road back.’”

2017 is however already seeing some positive economical improvements. The oil and gas industry is showing some progress with OPEC’s decision to cut production, for example, accelerating the drawdown of global oil inventories. This will help over time create a sustainable, efficient and profitable industry once more.

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Topics: decommissioning

Issues and challenges faced when providing conductor centralization

Posted by Andy Norman on 05-Apr-2017 11:15:00

Installing an offshore platform is a hugely complex, multi-disciplinary operation. The importance of centralization for the integrity of conductors and to extend the life of the wells is sometimes underestimated. Ignoring the issue at the start of any project or addressing it incorrectly can be costly, particularly with the trend nowadays showing new projects with more ambitious design life for the platform. Whilst appearing to be simple devices, centralizers provide a service at a critical interface between the platform structure and the well – where the conditions imposed upon them can be severe.

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Topics: offshore asset life extension

Recommendations that the oil and gas industry should look to achieve in order for 2017 success

Posted by Andy Norman on 23-Mar-2017 12:01:28

2017 is a crucial year for the UK oil and gas industry and its supply chain. Two years of consolidation and cost efficiency has put the industry on better footings, and now a steady upturn in oil prices in Q1 of 2017 has brought about new-found optimism.

As Deloitte’s 2017 outlook on oil and gas explained, “OPEC finally announced production cuts of 1.2 million barrels per day in 2017, and rig counts growing, albeit slowly, once again. There is a sense that better times are ahead.”

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Topics: offshore asset life extension

BREXIT: The impact of Brexit on the UK oil and gas industry

Posted by Andy Norman on 28-Feb-2017 10:00:00

Who would have predicted what would proceed the results of the EU Referendum on the 23rd June 2016?

As political and cultural differences have come to the fore over the past six months, the one area that UK businesses have been able to agree on is by calling for the Government to make a ‘smooth transition’ from the European Union.

For the North Sea, in particular, facilitating this transition has never been so needed – especially as the maturing UK Continental Shelf (UKCS) continues to need investment at this critical juncture in its history.

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Topics: decommissioning

The future of the UKCS offshore decommissioning industry: 2017 predictions

Posted by Andy Norman on 04-Jan-2017 10:01:04

Decommissioning is an emerging sector in UK and Norwegian waters. Accounting for 2% of total expenditure in the industry back in 2010, decommissioning now accounts for over 5% in the latest statistics released by Oil & Gas UK.

Over the next decade, Oil & Gas UK expect more than 100 platforms to be partially or completely removed, over 1,800 wells are forecast to be plugged and abandoned, and close to 7,500 kilometres of pipeline are set to be decommissioned.

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Topics: decommissioning

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