In this issue, the effects of 2020 on the offshore industry have done little to slow the growth of a massive offshore oil boom in South America. Brazil is now the world’s tenth-largest oil producer; Guyana’s industry is gaining momentum and Suriname is not far behind. We look at how South America’s industry has resisted the brunt of the Covid-19 pandemic, and what’s next for the potentially prosperous oil region.
Elsewhere, when the world turns against your product, how do you start a conversation? Marketers who work for the biggest oil and gas firms answer: how has marketing for O&G changed during the green revolution, and what does a good marketing firm do to rise to the challenge? What draws the eye and gains clicks, and what do they think of some of the largest O&G marketing faux pas from recent years?
Lastly, in February, plans were finally made to allow five workers who had been stranded on an oil tanker, return home after four years at sea. The crew have endured what The Guardian called a “living hell”, which included three years without pay and their ship running aground. The incident has shone a harsh spotlight on the treatment of workers in the oil industry; we ask what could come of the event, and what, if anything, it could change in the sector.
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In this issue
Taking on the circular economy in oil and gas
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By GlobalDataEncouraged by the concept of the circular economy, the oil and gas industry can take waste by-products to create new, useful products. With the chance to reduce waste by reusing and recycling, Yoana Cholteeva explores how commercially viable these options could be and what stands in the way.
Filling in the gaps in the offshore map: Seabed 2030
If you have ever used online maps to scroll around the world and see foreign places from a new angle, chances are you will have seen straight lines spanning the world’s oceans like cracks in the shell of the earth. Matt Farmer finds out how, in reality, the endless blue of the seas is a vast void where no maps are available and the cracks represent what little we know about the world’s oceans.
Which countries are driving South America’s offshore oil boom?
The effects of the Covid-19 pandemic on the offshore industry have done little to slow the growth of a massive offshore oil boom in South America. Matthew Hall maps the major players and up-and-comers in a potentially prosperous oil region and looks at where the industry is heading post-pandemic.
Public pressure: around the UK in small-scale fossil fuel divestments
From local residents to academic institutions, a number of groups across the UK are pulling support for fossil fuels, but, JP Casey asks, will this be enough to overturn years of entrenched support for oil and gas?
Dodging greenwashing and humanising oil: PR in the energy transition
Once, the oil and gas industry turned heads with a promise of great careers and prosperity offshore. Companies still offer these, but now the public turns to the sector to scrutinise its environmental credentials and climate impacts. Matt Farmer asks how PR teams have adapted to communicate for oil and gas.
An oil odyssey: lessons to learn from the stranded MT Iba seafarers
In May, five seafarers were finally allowed to return home after being stranded at sea for four years, and without pay for two. JP Casey investigates what the case can tell us about the protection of human and labour rights at sea, and what more can be done to protect oil workers.
Preview – Offshore Technology Focus August 2021
The resource curse, or the paradox of plenty, is the phenomenon whereby countries underperform economically despite an abundance of natural resources. We map the resource rich countries that have fallen victim.
Also in this issue, we look into a new Canadian floating wind-powered drilling project and explore how ABB and Equinor’s partnership at the Krafla field could set a new standard for automation and collaboration.
Plus, we investigate Axora’s cost-saving digital innovation challenge for the offshore industry, ask whether oil majors can afford to continue paying dividends, and consult with cybersecurity experts ExtraHop to learn more about the seriousness of cyberattacks in the oil industry and how to prevent them.