Roberto Abraham Scaruffi

3 June 2015

	Aberdeen -Stavanger Gateway 2015: 'Promote sector or face shortages' North Sea oil and gas companies must continue to promote the sector to young people or face a shortage of workers in the coming years, a Statoil official said yesterday

	ONE snaps up 50% share in North Sea field Dutch oil and gas producer Oranje-Nassau Energie (ONE) announced its entry into the UK North Sea yesterday after snapping up 50% of the Sean field. The move increases the Amsterdam-based firm’s total production to more than 20,000 barrels of oil equivalent per day and is part of its “long-term reserve base growth strategy”

	South-east Asia is growing in importance for global oil and gas industry A record number of firms are flying the flag for Scotland at the Oil and Gas Asia show in Malaysia this week. South-east Asia is fast becoming a strategically important market says Neil McInnes, who looks after the region for Scottish Development International (SDI) The size and scale of south-east Asia suggests it has the potential to one day rival some of the other leading markets in Asia Pacific

	BP to suspend production from Chirag Oil major BP will suspend operations at one of its platforms in the Caspian Sea. The British oil company said it will be postponing work at Chirag, while planned maintenance takes place

	Russian oil tax burden falls on new rules, weak ruble, PwC says A stable ruble and new tax rules are likely to support Russian oil producers’ profitability even after a slump in the price of oil, the country’s main source of export revenue, according to PricewaterhouseCoopers

	Oil decline to prompt explorers in Africa to look at Mergers The drop in oil prices will probably spur smaller oil and gas explorers in Africa to consider mergers to fund their ambitions, according to Pura Vida Energy NL

	Shell finance boss expects oil rebound as shale fails to fill gap Royal Dutch Shell Plc sees oil prices increasing because supply from shale drilling in the US won’t be enough to meet increasing global demand. The industry needs to find an additional 4 million barrels to 5 million barrels a day of supply every year to meet rising demand and replace depleted fields, Shell Chief Financial Officer Simon Henry said in an interview on Tuesday

	Damen to build game-changer fast standby vessel Dutch ship designer, builder and repairer, Damen, has broken into the oil & gas standby (ERRV) market for the first time with its remarkable Twin Axe workboat

	Helix's Q5000 heading for US, but Q7000 may be delayed Helix Well Ops’ new well intervention semi-submersible, the 35,000-ton Q5000, is en-route to the US Gulf of Mexico following its handover by the Jurong Shipyard in Singapore

	Opinion: Let's talk money Confidence and determination are important, but cash pays the wage bill. The industry has already witnessed some casualties of the downturn, and we are not out of the woods yet

	Amec Foster Wheeler expects more of the same Amec Foster Wheeler (AMF) said yesterday the value of its global order book grew by £400million to a record £6.7billion despite “challenging” conditions in the first four months of 2015

	Opinion: One size does not fit all There was probably much searching of “Who’s Who?” last month when Amber Rudd was anointed as secretary of state at DECC and Andrea Leadsom emerged as energy minister in the same department

	Sparrow's Kerr: From apprentice to boardroom Almost 30 years have passed since Ewen Kerr walked out of Oldmachar Academy into the big wide world. He had wanted to work . . . something engineering-related; ideally training to become a draftsman