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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Petroleum Review February 2015
Falling oil prices are forcing the industry to focus on improving all aspects of the bottom line.
In this issue we look at how to transform supply chain requirements, up and downstream and from end-to-end, learning from lean-thinking examples in other industry sectors. New technology solutions, like additive manufacturing, could also be key to reshaping the supply chain.
Encouraging new investment is vital, not only in mature environments like the UKCS in line with the Wood Report – Sir Ian shares his latest thoughts on maximising UKCS production in a volatile economic environment (see p3) – but also addressing the need for companies to reinvent themselves to remain competitive. Suggestion is also made for oil and gas companies to capitalise on the challenging times ahead to boost internal capex performance. While leading bankers remain optimistic about the investment potential of the UKCS, new investors from the private equity market are also stepping into the breach for projects here and abroad.
Of course, it’s not all plain sailing as Russia’s ambitious South Stream pipeline faces cancellation – although others may take up some of the slack.
Indeed, these are challenging times, but our industry is no stranger to price shocks. As EI Chief Executive Louise Kingham notes on p2: ‘As we mark 100 years of professionalism… in the next 100 years the ‘to do’ list will get even longer.’
Issue details
Journal title: Petroleum Review
Publisher: Energy Institute
Content in this issue:-
The future looks bright - Article
Keep your head - Article
Harnessing 3D printing potential - Article
Pipeline project thrown into turmoil - Article
Maintaining the flow - Article
Deep sea lines face challenges - Article
Private equity steps into the breach - Article
The New Industrial Revolution - Article
Time for action - Article
Building smarter energy supply chains - Article
Subjects: Banking, finance and investment, Networks and Communications, Pipeline, Transportation, Transmission and Distribution, Oil and gas