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UKCS 2023 Bumpy Road Ahead

Professor Alex Kemp Energy Voice 17th January 2023  The year 2022 will go down as one of the most turbulent in the history of the UK Continental Shelf (UKCS). The invasion of Ukraine in February led to a sharp increase in oil and gas prices. This was at the time…

What to do with the holes in my back garden

Heikki Jutila Principal Petroleum Engineer As humankind has enjoyed a lengthy period of relatively cheap energy during the ‘fossil fuel era’ (FFE) during which it had decided to poke a large number of holes in the ground. These holes have been for exploratory purposes looking for various types of resources…

The World Oil Market and the Russia-Ukraine War

Introduction Following on from our post of the 24th May “UKCS Investment and Energy Security” is recent paper from Professor Alex Kemp University of Aberdeen entitled “The World Oil market and the Russia-Ukraine War”. In this paper Professor Kemp examines factors that are affecting price, supply side and end user demand…

Relinquished portions of five oil blocks to be auctioned

In the meantime, industry analysts such as ABIS energy which has been involved in following Guyana’s oil story since 2018…….

Guyana Suriname Updates

Exploration and Production Onshore – Power Systems The hydrocarbon energy business has been under siege before, during, and after the pandemic. The Russian invasion of Ukraine has exacerbated the supply side difficulties and environmental concerns. Global uncertainty has escalated the Oil and Gas price and demand is haphazard. The principal…

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