Category

powerful thinking
05
Mar

Middle East energy transition – can the Jafurah gas development release all Saudi oil for export?

written by: Graham Brook, Mark Dickson, Safina Jivraj This week various press articles[1][2][3] lauded Saudi Aramco’s announcement of the commitment to develop the Jafurah gas field for a mere USD 110bn, which will release some 2Bcf/day and a recoverable reserve of 200 Tcf. io explores this issue and contends that Saudi Aramco will be able...
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13
Feb

the energy transition

What can Independent Oil Companies learn from the Majors? Written by: Lee Billingham and Mark Dickson Every day it seems the pressure and rhetoric increase in relation to climate change. In response, the Major oil and gas companies (Majors) have taken steps to evolve their operations. Many have made investments in renewable power generation and...
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23
Jan

starting the energy transition in E&P

part 2: a way forward for independent E&Ps written by: Mark Dickson, VP energy transition In our previous article, io concluded that the Energy Transition is here and now is the time for the Independent E&P companies to address the new pressures that they are under. This article provides a framework for Independent E&Ps in...
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16
Jan

starting the energy transition in E&P

part 1: risks for independent E&Ps written by: Mark Dickson, VP energy transition Introduction The world will still need oil and gas in 2050, even in the IEA 2°C Scenario[1] (2DS) – where oil provides 29% of the energy supply and gas 22%. However, the era of Energy Transition based on the consensus view of...
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09
Jan

what colour is your hydrogen?

hydrogen as a new energy carrier written by: Christopher Malins, James Varney & Mark Dickson The term “hydrogen economy” refers to the vision of using hydrogen as a low-carbon energy carrier and as a substitute for current fossil fuel-based transport and heating. Hydrogen is attractive as when burned to produce heat or reacted with oxygen...
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10
Oct

creating greater certainty in our professional decision-making

In 2017, the UK Oil & Gas Authority (OGA) published a study of lessons learned from UK Continental Shelf (UKCS) oil and gas projects between 2011 and 2016. It found that since 2011, fewer than 25 per cent of oil and gas projects have been delivered on time, with projects averaging 10 months’ delay and...
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20
Jun

a more connected energy transition written by Christopher Malins

Australian Energy Week 2019 io oil & gas consulting (io) attended this year’s Australian Energy Week in Melbourne and found a clear example of the importance of needing an integrated commerical, technical and strategic approach to projects. While the latest technical wares are brightly displayed amongst the exhibits, it was the risks and problems associated...
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13
Jun

what’s the best way to remove a climate change protester who has glued themselves to a train? written by Graham Brook

Given io’s central London location, it will come as little surprise that the Extinction Rebellion demonstrations have featured prominently during recent lunchtime conversations. While ideas about the best way to remove a peaceful protester from a Docklands Light Railway (DLR) carriage probably didn’t generate our best examples of Powerful Thinking, other discussions got people thinking...
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27
Feb

reflections from the 20th BHGE annual meeting

io attended another great Baker Hughes, a GE company, (BHGE) Annual Meeting (AM) in Florence. This year it’s the 20th anniversary and accordingly it was the biggest and most extensive to date with the arena spilling over and into the Stazione Leopalda. Lorenzo Simonelli opened the AM, commented the special place Stazione Leopalda has in...
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28
Sep

io’s CEO named in the top 100 Global Energy Elite 2018

Introduction reproduced with permission from The Petroleum Economist. io’s CEO Richard Dyson is delighted to be considered one of The Petroleum Economist Ltd’s Global Energy Elite & offers his congratulations to all the 100 leaders. The report is available here. http://www.petroleum-economist.com/resources. This is an exceedingly turbulent period of change for the energy sector—which is why...
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