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Could Norway's oil and gas fund inspire financial prosperity in Britain?

16-10-2013

Oil and gas have played a huge part in Norway's success story, which after years of good fortune now stands as one of the wealthiest countries in the world. While success in this area partly rests on chance in the exploration stages, revolutionary tactics and a degree of sensible thinking are behind Norway's rise to the top.  While most of Europe is looking to reduce spending in the face of austerity, Norway now has more than enough money to...

Author: Richard Towey
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Knowledge management explained

07-10-2013

Knowledge management (KM) is a concept that was popularised in the 1990s and there is still some confusion as to its exact definition. It means a lot of things to a lot of different people, although the most widely adopted definition was penned by the Gartner Group in 1998. It reads: "Knowledge management is a discipline that promotes an integrated approach to identifying, capturing, evaluating, retrieving, and sharing all of an enterprise's information assets. These assets...

Author: Joe Elvin
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Aberdeen welcomes the ECITB Conference

04-10-2013

This year's ECITB (Engineering Construction Industry Training Board) Conference saw representatives from the oil and gas industries take over the Aberdeen Exhibition and Conference Centre for one day of presentations and workshops. The event, which is aimed at bridging the knowledge gap between technical engineers and those with project management skills, was this year tasked with challenging the "critical behaviours and non-technical competencies demanded in delivering North Sea projects today." As such, the event was given the...

Author: David Howells
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How would Scottish independence impact the oil and gas industry?

23-09-2013

As the date of the Scottish referendum on independence draws ever nearer, speculation over how it would impact the UK as a whole and its myriad industries has been rife - particularly when it comes to how it would affect the nation's oil and gas industry. It's a mixed bag Opinions are certainly divided amongst not only MPs and MSPs, but throughout the industry's workforce, too. If Scotland achieved a 'yes' vote on independence, it would...

Author: Deborah Bates
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Who benefits from blue sky 'pipe dream' projects that never happen?

20-09-2013

People have long had a fascination with so-called 'pipe dreams'. Back from the dawn of engineering, through to 'Tomorrow's World', sci-fi movies and all the rapid expansion going on in the world of technology, there has been plenty to fire up the imagination. With it we have had hover boards, time-travelling cars, light-speed trans-Atlantic travel and even a widely-believed spaghetti tree spoof. It's understandable why these projects attract so much attention: they are believable, almost tangible and could revolutionise...

Author: David Howells
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Shale gas - what genuine benefits does it offer?

16-09-2013

Something that has continued to dominate the media in recent months is shale gas - or rather, the extraction of it. While fracking polarises opinion, some real advantages can be derived from shale gas. Here are a few examples of the genuine benefits that it offers: Local communities could be in the money Rather than focus on any negative impacts associated with fracking, the 'Shale Community Engagement Charter' promised that local areas will receive financial reward while shale rock drilling...

Author: Elizabeth Smythe
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New ECITB Training Standards: towards an adaptable future

12-09-2013

With the launch of its new Training Standards, the ECITB looks to be emphasising the importance of being agile and adaptable in the modern age. The organisation - the Engineering Construction Industry Training Board - unveiled the new standards earlier this summer and appeared to place a great deal of significance on its ability to be responsive to the needs of both the industry being covered, as well as the people who work in the...

Author: Paul Smithson
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An introduction to project management

11-09-2013

A vital part of any business, project management is the science of organising the components of an idea to create something whole. This can be anything from the development of a new product, a marketing campaign or even an event. Professional project managers know that their work is always temporary, in that it has to have a clearly defined time frame in which everything must be completed. Caps are also placed on budget, scope and resources to inform the...

Author: Richard Towey
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Oil and gas industry gears up for Offshore Europe

23-08-2013

As the year ticks on, another key oil and gas conference edges ever closer. September 3-6 sees the turn of Offshore Europe, staged by the Society of Petroleum Engineers (SPE), which involves experts sharing ideas and debating the key issues surrounding the upstream industry. The multi-faceted event aims to reflect the industry's desire for continuous learning by showcasing an array of new technologies and tools currently in development at some of the UK's leading companies. In 2011, a total of 48,114...

Author: Richard Towey
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The impact of shale gas tax breaks on the oil and gas sector

22-07-2013

Chancellor George Osborne has announced plans for generous tax cuts to the UK's emerging shale gas industry. In a bid to 'unlock the potential' that fracking offers, Mr Osborne has suggested slashing taxes from 62 per cent to 30 per cent.  His comments have unsurprisingly sparked a lot of debate, fracking being an extremely controversial topic at the moment, both within and outside the oil and gas industry. What will the impact of this move be on the oil...

Author: Elizabeth Smythe
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