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North Sea oil and gas industry expects 2bn cost improvement by 2016, says report

2015-09-10 01:00:00| Offshore Technology

A new report published by Oil & Gas UK has projected that the North Sea industry will need a 2bn reduction in operating costs of existing assets by the end of 2016.

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Australia's Amphibious Ready Element participates in Sea Series of exercises

2015-09-10 01:00:00| Naval Technology

The Amphibious Ready Element onboard the Australian Royal Navy's HMAS Canberra has participated in Exercise Sea Explorer in Far North Queensland.

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NASA Facilities at Risk From Projected Sea Level Increases

2015-09-08 21:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Yale Environment 360: Many of NASAs key sites for launching spacecraft and carrying out research will be threatened by even moderate increases in sea level, the U.S. space agency reports. NASA says that half to two-thirds of its laboratories, launch pads, airfields, testing facilities, data centers and other infrastructure are situated at less than 16 feet (5 meters) above sea level. The agency released a handful of maps showing how even a one-foot rise in sea level would impact the operations of major sites such as...

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North Sea loses 5,500 jobs in oil market downturn

2015-09-08 13:08:56| Oil & Gas - Topix.net

Britain's North Sea oil and gas sector has shed more than 5,000 jobs since late last year, the new Oil and Gas Authority said today, putting an official figure on job losses resulting from a year-long decline in oil prices. North Sea oil companies have been particularly hard hit by the near 55% decline in Brent crude prices since June 2014, as they were already facing some of the industry's highest operating costs in one of the world's most mature basins.

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North Sea oil and gas sector loses 5,000 jobs since 2014, says report

2015-09-08 01:00:00| Offshore Technology

A report released by the UKs Oil and Gas Authority (OGA) has revealed that the North Sea oil and gas sector has lost more than 5,000 jobs since late-2014.

Tags: report jobs north sea

 

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