Shell Pull Out of the Cambo Oil Field

The Cambo oilfield lies in blocks 204/9 and 204/10, approximately 125km north-west of the Shetland Islands off the shore of the UK. It is one of the deepest fields ever to be discovered in Northern Europe and is located in 1,100m of water.

Majority stakeholder Siccar Point Energy said it would continue talks with the UK government over the future of the field.

Read the article: https://www.bbc.co.uk/news/uk-scotland-59512742...

Aberdeen City Council (ACC) has picked oil and gas giant BP (LON: BP) as the preferred bidder to help build a green hydrogen production hub. The commercial partnership, formed following a robust tender process that kicked off in June, aims to establish the Granite City as a “world-class” base for hydrogen. A key part of the Aberdeen Hydrogen Hub programme will involve the creation of “Scotland’s first” scalable facility capable of producing green hydrogen. It’s hoped phase 1, which involves...

From the press release:

QT LTD is pleased to share its partnership and success with Crescent Point Energy Corp. (“Crescent Point” or “CPG”) (TSX and NYSE:CPG), as their Trusted OT (Operational Technology) Advisors and Management Consulting Group.

Rob Fiorentino VP, Operations and Technology Crescent Point Energy – “Crescent Point has successfully removed approximately $130 million of permanent operating costs throughout 2019 and 2020 as a result of its OT Platform and...

Oil & Gas Technology reports on innovative use of gaming technology to digitise the company's Subsea wells.

From the Article
"Neptune Energy has announced the digitalisation of its portfolio of subsea wells in Norway, using an innovative data visualisation platform based on 3D gaming technology to enhance drilling and production efficiency, and reduce time and costs."

http://www.oilandgastechnology.net/n...sed-gaming-tec...

From the Calgary herald a much needed ray of light for western Canada's oil sector.

Unmanned Aerial Vehicles (UAVs) are a familiar sight in the sky with the advent of drone technology. Less common is the Unmanned Surface Vehicle (USV) developed by L3Harris Technologies. In this article from Offshore Engineer, they look at how the technology is being used to contain oil spills and the spread of any contaminants without exposing any humans to the harmful substances.

From the Article
“This USV is a revolutionary step towards preventing the spread of harmful contaminants...

You may know "quantum computing" as that thing that will render all encryption useless in about 20 years. In this article from https://www.businesswire.com we learn how some of the big oil and gas players are using the current incarnation to solve a wide variety of problems.

From the Article
"Quantum computers are machines that use the properties of quantum physics to store data and perform computations. Use cases stretch from improved weather forecasting to cracking...

I've heard a lot about "digital twins" over the last year but almost exclusively in the water wastewater industry. This article from verdict.co.uk discusses how some of the big players are using these sophisticated computer models to create efficiencies while they wait for the price of oil to rise again.

From the Article
"A digital twin is tech designed to optimise and protect the physical environment. This is done through real-time analytics and the use of simulations...

By Mark Thiessen & Matthew Daly | News | June 2nd 2021 - ANCHORAGE, Alaska (AP) - Decades-long political and legal battles over drilling in America’s largest wildlife refuge took another turn when the Biden administration suspended oil and gas leases in Alaska’s Arctic National Wildlife Refuge.

In the days following its ransomware attack on Colonial Pipeline the criminal organization known as Darkside wrote on its website, "Our goal is to make money and not creating problems for society." Good to know. My takeaway…

• Darkside had a website with a logo
• They also had a Media Relations person
• That person writes press releases about their editorial position

Goes to show, nNo matter what part of the industry you work in… branding is important.