Low Cost Oil – High Cost Extraction – OPEX Reduction Necessary
Introduction Once again, we find ourselves in a market slump caused by rising costs and, on this occasion, tumbling oil price. To many, that may seem like just another dip in the cycles experienced...
View ArticleSubsea Pipeline Inspection, Repair and Maintenance
Introduction Ever since the first subsea pipelines were installed engineers have been developing methods to inspect, repair and maintain them to ensure that they can safely transport the fluids...
View ArticleSustaining Production Operations During Downturns
Brian Mercer, Theon’s Director of Project Management, recently presented to the IChemE’s Annual Technical Seminar in Aberdeen. This seminar addressed the actions companies are currently taking to...
View ArticleAward Winning Asset Integrity
We are pleased to announce that the presentation on Sustaining Production Operations During Downturns given by Theon’s Managing Director, Brian Mercer, at the IChemE’s Annual Technical Seminar in...
View Article12 things to survive the low oil price.
As Premier Oil makes a historic find in the Gulf of Mexico, probably one of the 5 largest discoveries of oil in the world, and its shares surge by a 1/3 to over 60p, we have to ask ourselves if this...
View ArticleWork Smarter, Not Harder Cutting Fat through Maintenance Optimisation
In an industry like Oil and Gas when margins are tight and profits rest on a fluctuating market, one of the toughest questions to answer is how to keep down costs without compromising safety and...
View ArticleSurvival Guide to the Low Oil Price, The Human Element – 10 Things you must...
I did say I would look at how we got into this mess. In this blog I give some personal views and also look at the human element of the crises, a factor sadly ignored by many. Background to a Crisis...
View ArticleOil Price and Oil Market
As Premier Oil makes a historic find in the Gulf of Mexico, probably one of the 5 largest discoveries of oil in the world, and its shares surge by a 1/3 to over 60p, we have to ask ourselves if this...
View ArticleOPEC’s recurring Trillion Dollar Gamble: Unlearnt Lessons Relearnt in the Oil...
I have been in the energy industry since 1986 and have seen more than my fair share of oil price busts. I have seen the price busts of 1986, 1998, 2008 and 2015. The one common aspect in all these...
View Article20 Golden Rules of Contract
Do you read a business contract before signing or use the fingers crossed approach, or perhaps you are just plain lucky and do not need a contract. In 1869 a frail old man with poor eyesight was...
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