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UK: Oil & gas industry needs to reimagine its business and models to maximise energy transition opportunities

UK: Oil & gas industry needs to ‘reimagine’ its business and models to maximise energy transition opportunities 28 Jan 2021 Enhancing collaborative culture within the offshore oil and gas industry is not only key to maximising the potential of its existing world class supply chain but could also unlock future activity in the UK Continental Shelf (UKCS) and be key to delivering a successful Net-Zero future. Improving commercial models which support cost reduction whilst incentivising the supply chain could re-energise collaboration, according to the findings of the annual Deloitte and OGUK Collaboration Report, published today (January 28). Deloitte and OGUK’s industry-wide Collaboration Index (CI), which measures the effectiveness of companies as partners in projects, is part of the annual UKCS upstream supply chain collaboration survey. The report showed a slight increase in the collaboration index to 7.1 in 2020 from 7.0 in 2019, highlighting the flexibility and support t

UK: GEG and Rosetti Marino form strategic partnership to execute large scale renewable energy and energy transition EPC and EPCI contracts in the UK

UK: GEG and Rosetti Marino form strategic partnership to execute large scale renewable energy and energy transition EPC and EPCI contracts in the UK 28 Jan 2021 Rosetti sees both Companies enter into a 5-year agreement with potential for a 2-year extension, to jointly tender and execute EPC, EPCI and EPCIC contracts in the renewable energy sector in the UK. Scottish based Global Energy Group and Italian head quartered Rosetti Marino, are of comparable size and culture with strong family led roots. In joining forces, the agreement provides Group with an increased competitive edge as well as adding a broader range of resources for customers in the UK.

Ross-shire rooted energy firm partners with Italian company to make a bigger renewables sector impact

Ross-shire rooted energy firm partners with Italian company to make a bigger renewables sector impact By Calum MacLeod  |  Updated: 10:46, 28 January 2021 Get the Ross-shire Journal sent to your inbox every week and swipe through an exact replica of the day s newspaper New GEG group chief executive Tim Cornelius. Highland-based Global Energy Group (GEG), operators of Nigg Energy Park, and Italy s Rosetti Marino have agreed a five-year partnership to deliver large scale renewable energy and energy transition projects around the UK. The agreement, which included an option for a two-year extension, will enable the two companies to jointly tender and complete engineering, procurement, construction and installation contracts in the renewable energy sector in the UK.

UK: Jersey Oil and Gas announces significant uplift in Buchan oil field contingent resource estimates

OGA Sponsoring Recovery Factor Studies

The UK Oil and Gas Authority and Energie Beheer Nederland are inviting applications from MSc students with data analytic backgrounds to study existing data on oil and gas field recovery factors. The UK Oil and Gas Authority (OGA) and Energie Beheer Nederland (EBN) are inviting applications from MSc students with data analytic backgrounds to study existing data on oil and gas field recovery factors and create benchmarks. Two students are being sought to create the benchmarks, which will be used to predict the performance of current and future reservoirs on the UK Continental Shelf and gas fields in the Southern North Sea area of The Netherlands, the OGA outlined.

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