Search results “North sea oil producers”
Huge waves crash against swaying North Sea oil rig
Subscribe to BBC News www.youtube.com/bbcnews This video could make you seasick...Huge waves crash against a swaying oil rig, as a severe storm which swept across parts of Scotland hits the North Sea. The footage of the Borgholm Dolphin installation was captured at the weekend by James Eaton, an offshore worker on the nearby Lomond Platform, around 145 miles east of Aberdeen. Subscribe to BBC News HERE http://bit.ly/1rbfUog Check out our website: http://www.bbc.com/news Facebook: http://www.facebook.com/bbcnews Twitter: http://www.twitter.com/bbcworld Instagram: http://instagram.com/bbcnews
Views: 964176 BBC News
‘Cheaper to import’: UK to cut 90% of North Sea oil industry investment in 2016
Britain's offshore oil and gas industry expects investment in the North sea to drop by nearly 90 per cent this year, because of declining crude prices. RT LIVE http://rt.com/on-air Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday Like us on Facebook http://www.facebook.com/RTnews Follow us on Twitter http://twitter.com/RT_com Follow us on Instagram http://instagram.com/rt Follow us on Google+ http://plus.google.com/+RT Listen to us on Soundcloud: https://soundcloud.com/rttv RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.
Views: 10899 RT
120,000 jobs lost related to North Sea Oil and Gas and a RANT.
http://news.sky.com/story/north-sea-oil-and-gas-industry-needs-urgent-investment-10594707 https://fullfact.org/economy/how-many-jobs-are-supported-uks-oil-and-gas-industry/ UK Column (23rd Sept 2016) Go to about 50 mins in https://www.youtube.com/watch?v=TtkCxvSqXC4 The Aalborg Charter. https://www.youtube.com/playlist?list=PLNlIf06zpErYwIdFjPu6uQHLFLBEBEG5_&spfreload=5
Views: 614 That Guy Scott Webb
Drilling The Sea for Oil - Deep Sea Drillers
CLICK HERE - http://activeterium.com/1DCR - FOR MORE FREE DOCUMENTARIES Drilling The Sea for Oil - Deep Sea Drillers dee sea drilling - Results - North Sea (body Of Water) - Infoos stranded deep beta, Stranded Deep Turtle, Stranded Deep Reef Shark, Stranded Deep Stingray Explaining the steps in the deep sea drilling process Deep Sea Drilling Platform, Vector - Stock Vector from the largest library of royalty-free images, only at Shutterstock to take steps to protect New Zealand from another shipping accident like the Rena, and in allowing deep sea drilling oil spills are more likely Explore Stephanie Harris's board "Deep Sea Drilling NZ" on Pinterest, the world's catalog of ideas Deep sea drilling companies are finally having a good day, anyone know why ken sea drill part 1. prohibit deep sea oil drilling;.. (Organism Classification),Northumberland (English Non-metropolitan County),drills,practice,ben,bburville,North Sea (Body Of Water) shark, shelter, stranded deep alpha, castaway, gameplay, stranded deep beta, Stranded Deep Turtle, Stranded Deep Reef Shark, Stranded Deep Stingray Below are more detailed explanations for each step of the deep sea drilling process China's large homegrown deep sea drilling platform 981 Download and use this Deep Sea Drilling Oil Rig Pumps Oil To Land Processing Facility clipart in your School Projects, Powerpoints and More Causes a leak or spill Its good to do business in New Zealand and a Deep sea drilling NZ Petroleum & Minerals Land based drilling companies focused on shale oil well drilling will fare much better than deep sea drilling companies in my opinion Helicopters,H225,Oil & Gas,OG,Recue,Training,Rescue (Profession),Bristow Helicopters (Airline),North Sea (Body Of Water),EC225 of Doom, Stranded Deep gameplay, Stranded Deep Turtle, Stranded Deep Reef Shark, Stranded Deep Stingray, Stranded Deep Door, Stranded Deep Plane The BOP is a vital part of the deep sea drilling process, and it is this function that can prevent accidents or unnecessary danger from occurring Type: Deep sea drilling platform 34 Finally, in May 2014, CNOOC unilaterally placed a deep sea drilling oil rig in gas producers and deep sea drilling companies like Karoon Gas, I'm looking at you Drilling The Sea for Oil - Deep Sea Drillers
Views: 24993 Documentary Films
North Sea Producer Leaving ~ 17th May 2016
Created with iSkysoft Video Editor
Views: 1087 gs78ne
North Sea Producer Coming Home.
The North Sea Producer on her final voyage back to Middlesbrough.
Views: 3036 scubanomad63
Nexen Careers in the UK North Sea
Looking for a career with a major UK North Sea operator? Learn what makes Nexen an employer of choice.
Views: 2504 Nexen
Oil Price in Freefall - Oil Producer Statoil under Pressure | Made in Germany
The low oil price is putting massive pressure on Norway's giant oil company Statoil. The state-owned firm has reported a loss for the first time in 13 years. That has consequences for Stavanger, Norway's offshore center on the North Sea. Many suppliers and service companies have settled here. Some 100,000 people have reportedly lost their jobs because of the low oil price. It's a shock for a country used to prosperity. For more from Made in Germany go to http://www.dw.de/program/made-in-germany/s-3066-9798
Views: 2132 DW English
New North Sea boss - sector "on the cusp of a renaissance"
Phil Kirk, chief executive of Chrysaor says its £3bn deal to buy half of Shell's North Sea oil production will catapult the company to become the UK's leading independent energy producer. Mr Kirk says it's not looking to make any lay-offs among the 400 staff being taken on.
Views: 1573 Sky News
In 360: Life on an Oil Rig- BBC News
Have you ever wondered what life is like on an oil rig in the North Sea? Well, in this immersive video, one worker takes you around the Shearwater platform. You control the camera - so look up, down, and around, and experience life aboard an oil rig. #VirtualReality #BBC Please subscribe HERE http://bit.ly/1rbfUog
Views: 125344 BBC News
How & Where the Indian Oil Rigs stand on the sea?
Mumbai High (Bombay High) is India's most important Oil Rig. It caught fire in 2006 killing about 40 people. But they built it up again.. Bigger, Better, Safer. Called Mumbai High North (MHN), the main platform is called MNP and this sits on a 30 stories high Steel Structure made of Huge Tubes - about 13,500 Metric Tonnes in weight. The film describes how this gigantic structure is Fabricated in Oman, Transported through Sea and Installed in the Offshore seas of Mumbai by ONGC. The video is a property of our client L&T Ltd and we have developed this video. We have showcased it here only for presenting our skill set.
Views: 481330 Anthelion Technology
UK North Sea Oil Industry investment to drop 90%
Offshore oil and gas industry expects investment in the North sea to drop by nearly 90% this year, because of declining crude prices. Like what you see? Please subscribe http://youtube.com/RTUKnews FOLLOW ON TWITTER: http://twitter.com/RTUKnews FOLLOW ON FACEBOOK: http://fb.com/RTUKnews READ MORE http://rt.com/uk/ WATCH LIVE: http://rt.com/on-air/rt-uk-air/
Views: 547 RT UK
We talk to the people made redundant from North Sea Oil and Gas
Northsound News talk to the people who have suffered due to the global downturn in Oil and Gas. The downturn that has seen thousands made redundant across the North-east of Scotland.
Views: 715 Northsound 1
Uncovering The True Cost Of Greenland's Oil
The Big Thaw: Climate Change is stripping the ice from the Arctic and has environmentalists worried. But the big oil companies who are lining up to exploit the North Sea's big oil fields see it as a golden ticket. For similar stories, see: In Greenland, Melting Ice Caps May Actually Be a Good Thing https://www.youtube.com/watch?v=CZQn4fbtsis How Global Warming Is Transforming Greenland's Economy https://www.youtube.com/watch?v=tIW_92Jt5dY Are Canada's Inuits Are Being Forgotten? (1999) https://www.youtube.com/watch?v=20OP5YUupRg Subscribe to journeyman for daily uploads: http://www.youtube.com/subscription_center?add_user=journeymanpictures For downloads and more information visit: http://www.journeyman.tv/film/5240/the-big-thaw Like us on Facebook: https://www.facebook.com/journeymanpictures Follow us on Twitter: https://twitter.com/JourneymanVOD https://twitter.com/JourneymanNews Follow us on Instagram: https://instagram.com/journeymanpictures "I'm glad I'm not going to see the Greenland that comes." Says Greenland's best known author Finn Lynge. He has been campaigning for years to stop oil exploitation in the country's melting seas. The face of the country is certainly changing. In tandem with climate change, the fish stocks that largely supported the population have plummeted, while farming and oil production is on the rise. Some hope it will alleviate the poverty that exists in Greenland, but the dangers are clear. "Unlike Mexico if a spill happened up here, there is no way you could deal with it", points out Greenpeace activist Jon Burgwald. Greenland is now under increasing industry and international pressure to allow drilling. As Premier Kuupik Kleist points out the country is at a crossroads, "You have to fight the battles climate change brings with it”. SBS Dateline – Ref. 5240 Journeyman Pictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.
Views: 948 Journeyman Pictures
Offshore Oil Rig Jobs, Typical day.
Oil Rig Jobs http://www.rigzone.com/oil/jobs/categories/drilling-rig-personnel-3/ https://www.airswift.com/as/oil-rig-job-vacancies/ Ensure you meet the minimum qualifications for employment on almost any oil rig. They are the following: You are over 18 years of age. You are very physically fit. You should also be mentally fit. You will be required to pass a physical exam before being hired. You are a non-smoker, and you can abstain from alcohol during your long 14 to 21 day shifts. You are willing and able to take on the unusual schedule of an oil rig worker. You should be open to working nights, and you should be able to work many days on end without weekend breaks. An oil rig is a manned platform used for land or off-shore drilling. An oil rig worker can denote an employee on either platform, responsible for a large number of duties associated with safely drilling for oil. The schedule for most workers consists of working 14 to 21 consecutive days before being given time off. As well as earning a wage, most offshore oil rig workers are provided food and board and some travel expenses. Getting your first job on an oil rig may be the toughest part of the process, because oil rig managers value experience.
Views: 499726 Tony Phylactou
Saudi Arabia oil antics could put 35,000 Scottish workers on the dole
George Osborne has today given North Sea oil producers a huge tax break to try and mitigate oversupply by Saudi Arabia which has been driving down the price. A report estimates 35,000 Scottish jobs may be lost within five years as it is no longer profitable to even drill, let alone explore for new oil. Will tax breaks do the trick? Or should Cameron be looking Britain’s alliance with a country that abuses human rights and weaponises oil against UK interests? READ MORE http://rt.com/uk/ WATCH LIVE: http://rt.com/on-air/rt-uk-air/ FOLLOW ON TWITTER: http://www.twitter.com/RTUKnews FOLLOW ON FACEBOOK: http://www.facebook.com/RTUKnews
Views: 273 RT UK
Britain plays North Sea oil card to persuade Scots to remain within UK
As the pro-independence campaign heats up in Scotland, the British government seeks to persuade the Scots to remain part of the UK. London says it can enact sweeping measures to make it easier to extract oil and gas in the North Sea. Prime Minister David Cameron says Britain's unity has enabled it to maximize the benefits of Scotland's North Sea oil and gas. The announcement comes as a new poll shows support for Scottish independence has picked up in recent weeks. The British government earlier said Scottish independence would harm national security, AND pledged to support investment in the oil industry. It said the move would safeguard jobs and investment in the Scottish community. But Scotland's first minister Alex Salmond said Britain swallowed up North Sea oil revenues for 40 years instead of investing them in an oil fund.
Views: 110 PressTV
North Sea Oil & Gas September 2015 003
So much for running out ... and so much for better together. Aye right ! Alba Gu Bràth
Views: 29 Kelly Macdonald
How a Deep-Sea Offshore Drilling Rig Works
After 22 hours, the crew of the Maersk Interceptor have assembled and lowered 551 feet of pipes into the water. Through them, a hydraulic hammer will operate to drive these pipes 131 feet below the seafloor. From: MIGHTY SHIPS: Maersk Interceptor http://bit.ly/2biRHN1
Views: 736363 Smithsonian Channel
Oil and gas spills in North Sea
More than 100 potentially lethal oil and gas spills took place on rigs in the North Sea in 2009 and 2010. Serious spills of oil and gas from North Sea platforms are occurring at the rate of one a week, undermining oil companies' claims to be doing everything possible to improve the safety of rigs. GE Oil & Gas will supply three customized aeroderivative gas turbine-generator modules to provide reliable electric power for a new Chevron floating production unit that will produce oil and gas from the Jack and St. Malo fields in the Gulf of Mexico, approximately 280 miles south of New Orleans and at a water depth of approximately 7,000 feet.
Views: 1934 TheMarinewaves
BBC News   North Sea oil industry  close to collapse
North Sea oil industry 'close to collapse' Falling prices are pushing the UK oil industry close to collapse, according to a senior industry leader. The price of crude oil has halved since June, and oil companies are cutting staff and investment to save money. But while the industry suffers - economists are saying cheap oil will benefit the UK as a whole. John Moylan reports.
Views: 182 joseph dawn
UK Gives OK to BP Oil Project
For more news visit ☛ http://english.ntdtv.com Follow us on Twitter ☛ http://twitter.com/NTDTelevision Follow us on Facebook ☛ http://me.lt/9P8MUn The UK government gives the green light to BP and partners to pursue a 7 Billion $U.S. North Sea oil and gas project. The development will be closely watched in light of last year's massive oil leak in the Gulf of Mexico. Oil giant BP has been given the green light from the UK government to proceed with a 4.5 billion pound oil and gas project in the North Sea. BP will partner with Shell, ConocoPhillips and Chevron to enter the second phase of the Clair Ridge Project - which will develop a field west of the remote Scottish Shetland Islands. British Prime Minister David Cameron welcomed the investment - saying it would provide a massive boost to jobs and growth, as unemployment in Britain hits its highest level in 17 years. CEO Bob Dudley said he expected production to be at around 200,000-250,000 barrels of oil a day until 2030 - and gave assurances the project would be safe, following the world's worst marine oil spill in the Gulf of Mexico last year. [Bob Dudley, BP CEO]: "BP has had terrible, unfortunate set of events in the Gulf of Mexico and we have taken them into our company and changed BP top to bottom. We've put in place new emphasis, we've shared these lesson we've learned with the industry around the world. We will do that in the UK most certainly. The conditions of these wells that we're talking about now are not at the extreme end of what is done safely, reliably and been done for many years in others parts of the world." BP says it will be the highest annual investment it had ever made in the UK North Sea. The project is going ahead despite an unexpected 12 per cent tax hike for oil producers, imposed by the British government in March.
Views: 4644 NTDTV
Supply Chain Opportunities in North Sea Oil & Gas
NOF Energy Chief Executive George Rafferty features in a report about BP's developments in the North Sea and the opportunities for North East England supply chain companies to secure proportion of the projects.
Views: 364 RecognitionPR
North Sea a “buyer’s market” right now, says Jersey Oil and Gas boss
Andrew Benitz, chief executive of Jersey Oil & Gas (LON:JOG), says now is a good time to be buying North Sea assets as several oilers look to exit the market. Born out of Trap Oil, Jersey is searching for multiple late-stage producing fields in the region which are generating cash flow today. Benitz explains how £25mln of accumulated tax losses from Trap Oil are worth around £12.5mln in actual value to the North Sea producer, as the sum can be used to offset future taxes that would have been paid on producing fields.
Learn Oil and Gas with Animations
- Like our Facebook: https://www.facebook.com/oilvips - Oil and gas are generated from a source rock, organic matter buried in the depths of the earth. Once formed, they climb back towards the surface. On their way, cap rocks can impede their progress and they accumulate in reservoir rocks. Here they constitute hydrocarbon fields, which can be identified by interpreting seismic data (a sort of echography). The data is obtained with the help of a seismic ship. To confirm the interpretations of seismic data, two types of drilling gear exist. Each is adapted to a range of depth of water (down to more than 2500 meters). The platform seen here is a semi-submersible, which floats and retains its stabilised position by means of anchors fixed on the seabed. Platforms at sea are used not only for drilling but also for the production of hydrocarbons. This production consists of the separation of oil, gas and water, before the oil and gas is taken by pipeline towards a mainland terminal. Where it is impossible or too expensive to link the field to the coast by a pipeline, an FPSO ship is used (Floating Production Storage and Offloading barge). Onboard, the hydrocarbons and the water are separated. The oil is stored prior to being loaded on tankers and the gas is re-injected into the reservoir rocks. Gas from a field is taken to land through an underground gasoduct to a processing plant. There, if the gas is to be transported by sea, it is converted into liquid obtained by cooling it down to --163°C. When it arrives at the plant terminal, the liquid natural gas (LNG) is returned to its gaseous state in a re-gasification plant, before being introduced into the local gasoduct network. The LNG is stored in tanks before re-gasification. The crude oil is transported in a petroleum tanker, the capacity of which can attain 200 000 tons. It is commonly called a "super- tanker". The terminals capable of receiving such giants are few and far between. The ships used to transport the crude oil produced on an FPSO ship are of a much smaller capacity. The crude oil, before being refined, is stored in the port in the large capacity tanks. The natural gas is preserved in reservoirs (artificial or natural). It is ready to be injected by pumping into the gasoduct network for industrial and domestic use or as fuel in power-generating stations. As far as the crude oil goes, it is transported by oleoduct to the refinery. There it undergoes a number of transformations and blending. A variety of finished products are obtained (LPG, petrol, kerosene, diesel ...), or naphtha, which will be used as the basis for the composition of plastic products by complex petroleum chemistry. --------------------------------------------------------------------------------------- Like our Facebook: https://www.facebook.com/oilvips Twitter: https://twitter.com/oilvips And Don't forget to subscribe to our channel
Views: 397542 Oil & Gas Videos
US Oil Producers Evacuate Gulf Of Mexico Ahead Of Storm
According to Reuters, oil producers in the Gulf of Mexico are evacuating their offshore platforms ahead of a tropical storm. So far, crude oil and natural gas production in the US-regulated areas of the gulf dropped by 9-percent each, as Tropical Storm Gordon is expected to pass through the region. Companies evacuated 54 offshore platforms, which cut production by 156,907 barrels of oil per day, and 232 million cubic feet of natural gas per day. Forecasters expect the storm to become a category 1 hurricane in the next few days, before hitting landfall in Mississippi. http://feeds.reuters.com/~r/reuters/topNews/~3/odqw9XGoQU0/storm-gordon-halts-some-energy-production-in-u-s-gulf-idUSKCN1LK1V4 http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com
Views: 89 Wochit News
The Largest Oil Rig in The World
Perdido is the deepest floating oil rig (platform) in the world at a water depth of about 2450 meters operated by the Shell Oil Company in the Gulf of Mexico. The Perdido is located in the Perdido fold belt which is a rich discovery of crude oil and natural gas that lies in water that is nearly 8000 feet deep. The platform's peak production will be 100,000 barrels of oil equivalent per day. At 267 meters, the Perdido is nearly as tall as the Eiffel Tower. An oil rig is a large structure with facilities to drill wells, to extract and process oil and natural gas, and to temporarily store product until it can be brought to shore for refining and marketing. In many cases, the platform contains facilities to house the workforce as well. Perdido Oil Platform https://engineers-channel.blogspot.com/p/perdido-oil-platform.html Troll A Platform http://engineers-channel.blogspot.com/p/troll-platform.html Offshore Oil Drilling History http://engineers-channel.blogspot.com/p/offshore-oil-drilling-history.html Oil History http://engineers-channel.blogspot.com/p/oil-history.html Trans-Alaska Pipeline System http://engineers-channel.blogspot.com/p/trans-alaska-pipeline-system.html Snow White Gas Refinery http://engineers-channel.blogspot.com/p/snow-white-gas-refinery.html Oil Tankers https://engineers-channel.blogspot.com/p/oil-tankers.html
Views: 5875812 Largest Dams
Abu Dhabi National Oil Company (ADNOC) Group of Companies
About Abu Dhabi National Oil Company (ADNOC) Group of Companies
Views: 126185 Irshad uae
Breaking News  - Oil price rise sparks North Sea bonanza
More than £5billion of oil and gas projects will be approved as the North Sea undergoes a resurgence.Experts predict a 5 per cent increase in production this year to up to 640,000 barrels of oil per day after years in the doldrums.Despite billions of pounds of cost cutting and 175,000 job losses, the North Sea still has more rigs than any other region in the world.Deirdre Michie, chief executive of trade association Oil & Gas UK, said: 'This industry is adapting to a very demanding business environment and is now in a more competitive position as a result. It is fitter and leaner than many could have imagined four years ago.'Estimates believe a further 10bn barrels can be extracted from the North Sea, even if it is dwindling since its 1970s heyday.It still has 184 offshore rigs, more than the Gulf of Mexico, Venezuela and the Persian Gulf.But the region has been hammered in recent years as majors went in search of younger oil basins and the oil price halved to under $50.Forty companies in the oil and gas sector went bust in 2016 and about 175,000 jobs supported by the industry have been lost since 2014.But amid the challenges, producers have become cleverer and better at extracting oil without waste, while smaller companies have jumped into the basin to keep projects going.It means that although drilling and new fields have fallen sharply, production has risen 16 per cent since 2014, with around 80m barrels of oil added between 2014 and 2016.That reverses a 14-year declining trend. With the oil price now picking up – to $67 a barrel yesterday, having hit $70 in January for the first time in three years – producers have more cash to splurge on projects.The area is set to contribute £1billion in tax this year.Oil & Gas UK said it expects up to 16 projects could be approved this year – compared to just two in each of the previous two years – worth £5billion.Yesterday North Sea producer Enquest said it planned to raise production at its new Kraken North Sea field to up to 58,000 barrels per day this year, from just over 37,000 barrels.Chief executive Amjad Bseisu hailed a transformational year for the group, which has also bought a 25 per cent stake in BP's Magnus oil field.Enquest is among several private companies to move into areas being exited by bigger oil firms, with Chrysaor buying assets from Shell and Neptune from Engie.Despite some sell-offs, Shell has also been investing in the region, redeveloping its Penguin oil and gas field.The supermajor's director Steve Phimister said it plans to increase its North Sea production from the fields, which were first developed in 2002.Independent oil and gas firm Faroe also said yesterday it remains on track to increase production by more than 35,000 barrels per day in the medium term.However, despite the projects that could start this year, experts cautioned that low development drilling in the last few years mean production is likely to start falling again in the 2020s.Michie said: 'A production downtu AutoNews- Source: http://www.dailymail.co.uk/money/markets/article-5524173/Oil-price-rise-sparks-North-Sea-bonanza.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490
Views: 19 US Sciencetech
Shell oil have had to admit that over 200 tonnes of crude oil has leaked into the north sea. Just as we seen at the time, and still to this day, in the gulf of mexico spill, the government and the oil companies are in bed together. What i mean is that the UK government and the UK press have both acted to supress this news from the public. Big oil, along with the big banks own our governments. Time to wake up. Believe nothing you hear or see on the news, question everything Re-upload from youtube channel TruthTube1111 north sea oil oil spill shell bp government press new world order illuminati haarp neocon monsanto nwo congress Freeman prisonplanet infowars hemp oil news 1984 cnn msnbc esoteric cfr exoteric fascism magik magic obama vaccine protest revolution impeachment religion dollar dictator banks planet-x amero war peace 2012 chemtrail ufo police state headline monotomic 7/7 terror uk tabloid politics big brother zionism global elite nazi royal family cctv bilderberg axis4peace4 axis4peace3 haarp
Views: 1151 axis4peace4
North Sea Oil
Views: 143 David Bell
UK and Scottish leaders set out competing visions for North Sea Oil
Scottish First Minister Alex Salmond and British Prime Minister David Cameron set out competing visions for the future of North Sea oil production on Monday. Salmond, who is campaigning for Scottish independence ahead of a referendum in September, held a meeting of his cabinet in the coastal town of Portlethen, south of the Scottish city of Aberdeen. He called for a Norwegian-style system of managing the North Sea oil-and-gas reserves. "We are told today that North Sea oil and gas is better handled by a big country like Britain as opposed to a small country like Scotland," he told an audience in Portlethen. "That's a very interesting concept for people in this part of the world, who can glance across the North Sea to Norway, a country smaller than Scotland but a country which by every observation has handled its North Sea oil and gas resources better than the stewardship from Westminster." He said about one billion UK pounds (1.66 billion US dollars) in oil-and-gas tax revenues could go into a sovereign wealth fund similar to one set up in Norway. Over a generation, Salmond said, this could amount to a 30 billion pound (50 billion US dollar) fund. He also joked that he had worked in the industry as an energy economist before "falling among thieves", a reference to the House of Commons, where he was formerly an MP. Noting that Cameron was holding a UK government Cabinet meeting in the Aberdeen area, Salmond said that he was "ready and willing to pursue the debate (with Cameron) that so many people in Scotland want to see". Ahead of that Cabinet meeting on Monday afternoon, Cameron visited a North Sea oil installation. He argued that the oil-and-gas reserves could be better managed with Scotland as part of the United Kingdom. Specifically, he said that the "broad shoulders" of the British economy was behind the industry and would continue to stay behind it "so we get the maximum benefit out of it - the maximum benefit for all of the United Kingdom, including Scotland". He argued that because of its size, the British economy "can afford the tax allowances, the investment, the long-term structure that's necessary to ensure we recover as much from the North Sea as possible". Cameron reiterated his argument that the United Kingdom would be better off if it stayed together. The future of North Sea oil and gas is being fiercely debated ahead of the September independence referendum. Monday's events in Aberdeen came in the wake of a review produced for the British government which included calls to set up a new industry regulator. The North Sea reserves are estimated to contain the equivalent of between 15 (b) billion and 24 (b) billion barrels of oil, which could mean about another 30 to 40 years of production. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/50b6e8f93ca732581e566167f3f0b506 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 68 AP Archive
Bad Weather In North Sea Broke Barge Loose
From: http://www.cnn.com/ December 31, 2015 - (CNN) Violent weather in the North Sea killed an oil worker for a Norwegian firm and prompted oil companies to evacuate workers after a barge broke loose in the storm. Statoil, a Norwegian company, and COSL -- China Oilfield Services Limited -- issued a statement saying they had learned "with great sadness" that one person had died and two were injured when a wave broke over a drilling rig Wednesday. The rig, called the COSL Innovator, is under contract to Statoil at the Troll field in the North Sea, west of Bergen, a city on Norway's southwestern coast. The injured people have been taken by helicopter to shore, the statement said. Full article here: http://www.cnn.com/2015/12/31/europe/bp-evacuation-north-sea-oil-field/index.html PigmineNews.com: http://www.pigminenews.com PigmineNews on Facebook: http://www.facebook.com/PigMineNews PigmineNews on Twitter: http://twitter.com/PigmineNews PigMine7 on YouTube: http://www.youtube.com/pigmine7 FAIR USE NOTICE: This video may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a 'fair use' of any such copyrighted material as provided for in Title 17 U.S.C. section 106A-117 of the U.S. Copyright Law.
Views: 1526 PigMine 7
Norway looks to energy future - 26 MAY 2008
Subscribe to our channel http://bit.ly/AJSubscribe As oil prices continue to soar, many of the world's leading producers are looking to maximise output. But in the North Sea, production is slowing after a peak several years ago. As a result, oil companies in Norway are looking at other ways to ensure the petro-dollars keep flowing for years to come. Nick Clark reports from the North Sea. At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained. Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on. We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels. Social Media links: Facebook: https://www.facebook.com/aljazeera Instagram: https://instagram.com/aljazeera/?ref=... Twitter: https://twitter.com/ajenglish Website: http://www.aljazeera.com/ google+: https://plus.google.com/+aljazeera/posts
Views: 13567 Al Jazeera English
InnovWeek ENGIE - The Cygnus gas field in the North Sea
Back in pictures on the installation of the production platform Cygnus in the North Sea, developed by ENGIE E&P UK. The development project of Cygnus provides two drill sites and four platforms. After reaching its plateau production in 2016, the field is expected to become the second individual gas producer in the UK and supply 1.5 million households.
Views: 3197 ENGIE Innovation
Mike Tholen, Oil & Gas UK, says pressure will remain on the govt's oil tax policy
28/4/11 Mike Tholen, Economics & Commercial Director at Oil & Gas UK, tells Proactive Investors that there has been an effective 24% loss in value of North Sea oil and gas projects because of the government's tax policy on North Sea oil and gas production. Mike says that while all producers in the region are affected there are not many that are withdrawing.
Russian/Eng/Nat As the world's major oil supplies dry up or are threatened by war, the huge oil reserves of the Caspian Sea have caught the eye of international businesses and governments. Estimated to have the equivalent of three North Sea's worth of oil, scores of major companies have set up in the Azeri city of Baku to take advantage of the boom. Although an international oil consortium has been set up to avoid conflict some experts believe the region could become as volatile as the Middle East in the next century. For this new floating oil platform the calm waters of the Caspian are ideal for exploration and drilling. It's part of the region's third oil boom which started with the fall of the Soviet Union. International oil companies have flooded in since 1991 to tap he area's rich reserves on land and under the sea. Both Russia and America have formed foreign policy around the region, well aware that the development of oil resources can create tensions which often lead to hostilities. Regional rivals Turkey, Russia and Iran are vying for control of the oil exports in an effort to gain the upper-hand in the region and to secure influence over the former Soviet republics of Central Asia. But the Azerbaijani president Geidar Aliyev says that a combination of he new wealth brought to his country by the oil boom and his firm rule will ensure stability rather than conflict. SOUNDBITE: (Russian) \"I don't think Azerbaijan is threatened by the danger of a North-South conflict or between different countries. I don't think it's a reality but I can't guarantee against that possibility.\" SUPER CAPTION: Geidar Aliyev, Azeri President The oil reserves in this part of the world are so great that no single company could efficiently exploit them. So U-S, Russian, Japanese, British, Saudi, Turkish and Azerbaijani interests have created an international consortium. Businessmen hope international cooperation will help keep the region politically quiet and eventually turn it into a major supplier of high-grade oil for world markets. SOUNDBITE: (English) \"I think that you can see from the international interest in the Caspian at this point in time how important this is going to be as a long term resource centre to supply global oil. It's also coming onto the market , onto the global market at a time when other major basins such as the North Sea, such as Alaska etc are going into significant decline.\" SUPERCAPTION: Terry Adams, head of international oil consortium Turkey and Russia are engaged in a bitter battle to export the Caspian oil to Europe via pipelines through their own territories. So far the international consortium has not decided on the long term solution, but early oil exports will go through Russia and Georgia. Political analysts are not that optimistic of stability in the region as the people of the Caspian have along history of confrontation and full-scale wars, often triggered by rivalry over who would control the oil wells. SOUNDBITE: (English) \"It is a danger that the region could become as explosive as the Middle East. You have all the same ingredients which are available in the Middle East. You also have a long history of rivalry between Turkey and Iran, Russia and the West.\" SUPER CAPTION: Viktor Trenin, Carnegie Institute Moscow It remains to be seen whether economic expediency and common sense will prevail in regional politics over centuries of animosity and mistrust. For the time being, Azerbaijan is looking to the future full of hope. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/7812fcbfbae823a1d2af89404686ff69 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 1322 AP Archive
Rigworker life on oil platform
CLICK here to learn more about rigworker jobs: http://www.rigworker.org/ So many people think the life of rigworkers on an oil platform is tough and basic. Actually the opposite is true. Those oil companies take care of their rigworkers pretty well. Fresh food is delivered daily via helicopter. Most oil rigs are equipped with movie theaters, big social areas to relax, gyms and saunas to stay fit. Petrol companies understand that their rigworkers are there most important assents and look after them as good as they can. For more resources on rig worker jobs click here: http://mynlrb.nlrb.gov/ http://news.blogs.cnn.com/2010/07/30/bp-to-set-up-100-million-fund-for-struggling-rig-workers/
Views: 43377 rigworker
Made in Germany | Boomtown - Aberdeen's got Oil Fever
North Sea oil has made the Scottish city of Aberdeen into a boomtown. Its fortunes rise and fall with the price of crude. Drilling platforms spike up just of the coast. They are owned by major oil companies like BP, Shell and Total. In the city itself are some 900 companies that supply the oil industry. Every seventh Aberdeen works in an oil-related job. The companies here have learned how to cope with fluctuations in the industry. But with oil prices breaking one record after another at the moment, they can barely keep up. Supply ships are jammed up in the port and extraction is running at full-tilt, leaving the town hungry for workers. We went to Aberdeen to see what it's like. A report from Claudia Laszczak.
Views: 2501 DW English
Lost City Of Atlantis Found In North Sea?
Support Us On Patreon: We Are Also On Steemit: Divers from oil companies located within the north sea, have been. Lost City Of Atlantis Found In North Sea? Mystery Lost City Of Atlantis Found In North Sea? Mystery Lost City Of Atlantis Found In North Sea? Mystery Mystery Divers from oil companies located. Lost City of Atlantis Has Been Found – And its Connected to Ancient Temple in Most Incredible Way. ~~ Links: 1)
Views: 55 Ka Sindelar
North Sea hit by fall in oil price  | FT Business
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Premier Oil chief executive Tony Durrant speaks to the FT's Kiran Stacey about the collapse in the price of oil, how it has affected the company's business and the prospects for oil production from the UK's North Sea. For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Views: 2455 Financial Times
The Decommissioning Hub
In recent years, the oil price has collapsed. Vast swathes of the oil and gas producing world are now unprofitable. One region in particular is feeling the bite… The North Sea Oil companies now want to decommission ageing, unprofitable rigs. More than half of North Sea rigs are over 30 years old — double their intended lifespan. Some huge steel and concrete structures weigh 250,000 tonnes, and are up to 350 metres deep. 80 per cent of fixed structures will come out of service by 2030. Costs are expected to run into tens of billions of dollars, with an expected total of $47 billion! Sign up to the decommissioning hub http://register.oilandgasiq.com/decommissioning-hub/
Views: 66 Oil & Gas IQ
10 Countries With The Largest Oil Reserves
10 Countries With The Largest Oil Reserves Which country will still be fueled when everyone else has long run dry? Find out by watching 10 countries with the largest oil reserves Music = Preacher Man by Dan Skinner, Adam Skinner & Randall Breneman Click to Subscribe.. http://bit.ly/WTVC4x Videos in the Endcard: 10 Deadliest Poisons Known To 'Humanity' - https://www.youtube.com/watch?v=RZ-7kw5JLMA&list=PLB816C7FA171B8186&index=4 10 Things That Make You A 90s Kid - https://www.youtube.com/watch?v=finPQLzOLUU&list=PLec1lxRhYOztxsJVTyYR_-IZY2loOVK0d&index=9 10 Common Myths About Weed - https://www.youtube.com/watch?v=L_4hYTKaf1U 10 Strange Discoveries On Google Earth - https://www.youtube.com/watch?v=nuiE0hc77NY 10 Inventors Killed By Their Own Inventions - https://www.youtube.com/watch?v=Wu9KXQmL2d8 10 Things You Didn't Know About YouTube - https://www.youtube.com/watch?v=gbOBWbe_lx0 Where else to find All Time 10s... Facebook: http://ow.ly/3FNFR Twitter: http://ow.ly/3FNMk Here are our 10 favorite videos from 2012.. Hope you have enjoyed them! :D - http://bit.ly/YfHEa4
Views: 778135 Alltime10s
PowerPark North Sea
150 natural gas production platforms are installed in the Dutch sector of the North Sea. They produce gas from small fields, which is crucial in maintaining a decreased dependency on foreign gas. These platforms can be vital in distributing the electricity of wind farms at sea. Because in the future, energy will mainly be generated by off-shore wind farms. Far away and out of sight. Transporting the electricity to land requires a new, expensive infrastructure. A and the construction of new substations. A multi-billion investment. Through the use of the existing off-shore oil and gas rigs, there is a cheaper and more sustainable solution to this. Some rigs can be converted into substations so they can act as auxiliary stations, or a “hub”. The transport cables can then be laid from platform to platform, along the existing, and permanently monitored, natural gas pipelines. Allowing wind energy to be transported from wind farms to land with less loss of power. Another advantage is that platforms can then generate energy for their own machinery from wind rather than natural gas. This minimizes CO2 and other emissions. Making our natural gas production cleaner. In the longer term, this combined infrastructure can be expanded, to form the basis of future wind farms even further off-shore. This will help to reduce the cost of installing these new farms. And this type of new, integrated infrastructure presents new opportunities. Such as connections to other countries. What’s more, in the future, an excess peak in electricity production can be converted to gas. This is called Power to Gas. This gas can be injected into the existing gas transport system. If necessary in the future, CO2 can also be stored in empty - gas fields offshore by using the natural gas infrastructure of pipelines and platforms. Collaboration between the gas and wind sectors in the North Sea also means sharing equipment for transport and maintenance. Another opportunity to save costs. Geological and ecological knowledge can also be shared. As has been agreed non-functioning platforms will be dismantled and cleaned up. But this can blocks new opportunities. Such as exploiting the 125 currently undeveloped gas fields offshore. And it slows down the expansion of affordable off-shore wind energy. Synergy between gas and wind creates an integrated energy system: the generation, storage and transport of energy. Thanks to Power Park North Sea!
Views: 338 onsaardgas.nl
North Sea Oil Shake-Up Could Give £200bn Boost
Up to an extra four billion barrels of oil could be recovered under changes put forward by Sir Ian Wood, a retired oil tycoon. His review is being published on the day David Cameron and Alex Salmond hold Cabinet meetings just 10 miles apart in northeast Scotland, less than seven months before the date of the referendum on Scottish independence. The measures contained in Sir Ian's report, which the Government will fast-track for implementation, include the creation of a new independent regulator to supervise licensing. Energy companies will also be urged to work more closely together to explore and develop oil fields, which are thought to hold supplies worth at least £1trn. Downing Street said the UK is "well placed" to absorb price shocks, which it warned would "dramatically affect a small country's budget". However, Mr Salmond, the Scottish First Minister, said: "Independence presents an unrivalled opportunity to boost our energy wealth, support employment and grow our economy." "With independence we would have new powers in areas such as energy regulation and the ability to target and apply financial incentives," he added. "With a new Scottish-based energy department and control over key economic levers, the potential to boost the energy industry and bring benefits to consumers and the wider economy would be enormous." Mr Cameron described the North Sea oil and gas industry as an "economic success the whole country can be proud of". He said: "I promise we will continue to use the UK's broad shoulders to invest in this vital industry so we can attract businesses, create jobs, develop new skills in our young people and ensure we can compete in the global race." Sir Ian's review was ordered last June to explore how the UK can "make the most of the huge opportunity" the offshore oil and gas industry represents. An interim report published in November called for a new "arm's length" regulator with additional powers and responsibilities, and said companies should share resources and work together on new developments.
Views: 112 Current News
Oil and gas companies are facing major technological disruption
Pressure to reduce carbon emissions is putting the future of fossil fuel giants in jeopardy. Their survival plans involve carbon storage and floating wind farms. Meanwhile, one small German village is showing how large companies aren't always essential. Click here to subscribe to The Economist on YouTube: http://econ.trib.al/rWl91R7 Over 80% of the world's energy needs are provided by coal, oil and gas. Although technologies to extract fossil fuels may have changed over the decades, the core products themselves have never been challenged. Until now. Pressure to reduce carbon emissions is putting the future of fossil fuel giants in jeopardy. Encouraging the growth of alternative methods to generate and distribute power. In just eight years, the value of the world's biggest power companies has halved. Leaving industry giants scrambling to redefine their role in this new energy world. Across the world, old industries are facing disruption on an unprecedented scale. The pressure to adapt has never been greater. Known as the Paris Accord, 195 countries agreed to a legally binding climate deal to reduce carbon emissions. This 5 trillion dollar industry may be facing a seismic shift but that doesn't mean it's ready to ditch the dirty fossil fuels that made it rich. Instead, many companies are banking on new methods to clean up an old process. Norwegian oil and gas giant, Statoil, struck it rich in the North Sea in the late 1960s. Over four decades later, at its Sleipner gas rig, the company is attempting to make fossil fuel production cleaner. Statoil's business still relies on the harmful burning of fossil fuels by its customers but at least the company is trying to reduce its own carbon footprint. It's transformed some of its offshore rigs with technology that enables engineers to separate the carbon dioxide and pump it underground. Statoil's Sleipner gas rig is the world's first offshore carbon capture storage plant. Each year, Statoil stores 1 million tonnes of CO2 making extraction less carbon intensive. They believe that prioritising gas over more harmful fossil fuels will further reduce global warming and keep them relevant for decades to come. Wind and solar are cleaner but depend on subsidies. To take on the consistency of fossil fuels they face a huge challenge - The unpredictable weather. In Bavaria, a tiny village has used those subsidies to take up the challenge. This community believes it's found a way to produce a steady energy supply just from renewable sources, raising the real prospect of a future free from fossil fuels. Norbert and Kristina Bechteler's family farm has been providing the local community with dairy products for over 200 years but they now have a new income from solar energy. Producing your own energy with solar panels isn't revolutionary but in this village, they're combining solar with other renewables in an attempt to achieve the Holy Grail of a steady energy supply. And they're prepared to use anything to do it. The Deputy Mayor has helped drive the village's pioneering efforts to make renewable energy a realistic option. There's one renewable that never disappears as it can be sourced from the decay of virtually any organic matter and it's called biogas. Of the four biogas plants in the village, Farmer Einsiedler runs the largest. Combining these different sources has been so successful the village now generates five times more energy than it needs. But that is just part of the challenge of turning renewables into a credible energy supply. The Disrupters is an original series exploring how major industries – from music and cars to hospitality – are currently being disrupted by the latest wave of digital innovation. As well as enjoying privileged access into the world biggest tech start ups we show how industry giants respond when faced with such tech-driven innovation - do they adapt - or die? Check out Economist Films: http://films.economist.com/ Check out The Economist’s full video catalogue: http://econ.st/20IehQk Like The Economist on Facebook: https://www.facebook.com/TheEconomist/ Follow The Economist on Twitter: https://twitter.com/theeconomist Read our Tumblr: http://theeconomist.tumblr.com/ Follow us on Instagram: https://www.instagram.com/theeconomist/ Check out our Pinterest: https://uk.pinterest.com/theeconomist/ Follow us on LINE: http://econ.st/1WXkOo6
Views: 560678 The Economist
EC175 North Sea Demo Tour - Stavanger, Norway
The EC175 completed its North Sea demo tour on a misty day in Stavanger, Norway, following stops in Aberdeen, Scotland and Norwich, England. Pilots and representatives from oil companies and offshore and EMS operators took to the air against a backdrop of the area's striking seaside cliffs. Five flights were held in total. Watch the video to hear what representatives of CHC and BP/Talisman had to say about their flight in the EC175.
Views: 10961 Airbus Helicopters

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