Installation Manager, before taking on increasing responsibility in onshore management roles from rig manager in West Africa, the Mediterranean and the North Sea, to district manager in the North Sea and Division manager in Europe and lately in Brazil. During his career, Cees has had extensive experience in d

ned of a `cataclysmic year' ahead for investors and the global economy, BP said it would have to slash 4,000 posts around the world including 600 in the North Sea. It would be a devastating blow for the North Sea oil industry already reeling from the slump in prices over the past 18 months, which have led pum

ned of a 'cataclysmic year' ahead for investors and the global economy, BP said it would have to slash 4,000 posts around the world including 600 in the North Sea. It would be a devastating blow for the North Sea oil industry already reeling from the slump in prices over the past 18 months, which have led pum

l Non-OPEC supply growth of 500 Mb/d through 2017. Leading drivers: US GoM, Brazil, Canada, and slower declines on recent redevelopment projects in the North Sea. While project delays or poor performance could lead to disappointment (a hallmark of Non-OPEC supply), there is clearly a robust slate of projects

velopment with growth from the currently producing Ekofisk field alone, estimated at -15% of 2014-2016 North Sea. Post 2016. we expect a decline in the North Sea until the end of the decade/ramp of the massive Johan Sverdrup field (+300 Mb/d of production growth in 2020). The chief risk to North Sea producti

n the front end of the curve, now in contango through Nov 2014. The combination of seasonal high in global refinery runs and upstream maintenance in the North Sea fields in August will likely lift the oil complex higher in coming weeks. Furthermore, we retain our cautious view on Libya's production potential

x 70 1982 Europe Italy Offshore platform in Sicily AGIP • Milan 15.00 1 EPR mutated 20 345 1983 Europe UK Inter platform connection in the North Sea TRW Ferranti - London 4.00 1 EPR insulated 1 3x 25 control cores 1983 Africa Egypt Egypt (Spare length) PETROBEL-Cairo 7.80 3 EPR insu

lassification: Public OIL A relatively quiet day in the crude market today, with both crudes settling around 20cents below yesterday. Newswise, in the North Sea, we had another strong window with forties settling at the highest level since June 2014. And Libya's noise continued as the Sarir oil field went of

t to king and country came to $3 billion; J.P. Morgan collected a =idy 1 percent commission on every sale. Meanwhile, the Royal Navy was blockading the North Sea, making it all but impossible f=r American firms to do business with Germany — a disparity Wilson com=lained about briefly and only in the mildest t

up for generalized risk off tomorrow...In other news, USGC diffs rallied again, an odd move given that imports were still at decent levels in P3. In the North Sea, Forties and Ekofisk were bid (a rarity) as margins remain high. This along with the Libya worries (as Gunmen took over a closed oil field) kept BRE

one of the founders of quantum mechanics, who once reminisced about an evening in the summer of 1926 on the island of Helgoland, a lovely oasis in the North Sea, when he realized he had discovered the theory: It was almost three o'clock in the morning before the final result of my computations lay before m