Categotry Archives: Unions

Total’s new strategy?

Via Phil in the comments under this post, I see that Total has bought a battery company for just under a billion Euros: ‘The combination of Saft and Total will enable Saft to become the Group’s spearhead in electricity storage’, said Patrick Pouyanné, Chairman and CEO of Total. ‘The acquisition of Saft is part of Total’s ambition to accelerate its development in the fields of renewable energy and electricity, initiated in 2011 with the acquisition of SunPower. Saft’s renowned technological […]

PENGASSHOLES piqued

Barry Morgan, writing on the proposed reforms to Nigeria’s oil industry in Upstream Online, manages to get in a wonderful snark at the end of his article: Minister of State for Petroleum Resources Ibe Kachikwu, who doubles as Nigerian National Petroleum Corporation (NNPC) group managing director, will over the coming days lay out plans to split the state company into 30 standalone units before a proposed initial public offering in 2018. After four decades, the NNPC is clearly in a bit […]

It’s not only independence they’re deluded about

Somebody needs to pass a message to the good folk of Aberdeen that the 1990s are over: ALMOST three-quarters of oil and gas workers are considering looking for work outside the UK because the North Sea industry continues to suffer from plunging oil prices, according to a survey. The research by industry website Rigzone found 71 per cent of respondents across the UK are thinking about a move overseas, with a lack of job security cited as the main reason […]

Double Hull, Double Standards

There’s something a bit odd about this whole Pieter Schelte business: Allseas Group president Edward Heerema said late Friday that the company would change the name of the giant platform installation and removal vessel Pieter Schelte after an uproar over the Nazi ties of the ship’s namesake. The twin hull unit, billed as the the world’s largest marine vessel, was christened after Heerema’s late father, Pieter Schelte Heerema – a Dutch pioneer of the offshore construction industry who also served […]

Back to the ’70s!

When the idea of the EU regulating offshore oil and gas activities first raised its head several years ago, it was met with opposition from those in the industry who were skeptical that a bunch of bureaucrats in Brussels could do a better job than the existing national regulators.  Surprisingly the most outspoken opponents were the French, albeit obviously with an eye on their substantial UK North Sea presence: French oil major Total has strongly criticised the European Union plans […]