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Oil & Gas

Oil & Gas

Can Houston based Oil & Gas players benefit from ‘Brexit’?

Alasdair Freeman

With the Offshore Technology Conference once again heralding the arrival of so many Scottish and UK businesses to the city, it is an ideal time to reflect on the impact that Great Britain leaving the European Union might have for Houston-based organisations that deal with them.

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Guest Blog: How can DIT help grow your business?

By Campbell Keir, Deputy Director, Energy and Infrastructure, DIT

The UK is the global partner of choice in the oil & gas industry, exporting goods, services, skills and expertise around the world. The Department for International Trade (DIT) is the UK Government department responsible for promoting British trade across the world.

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Oil & Gas Outlook - What's next for the UKCS?

Well, how do you sum up a year like 2018? There’s certainly been no shortage of talking points that’s for sure.

Let’s leave the drama of the political and social spheres aside and focus solely on the oil & gas sector though. After the vicious downturn the backdrop to the last 12 months has clearly been a significant recovery in oil prices, with some optimism as the oil price stabilised across 2018. This provided the necessary conditions for market recovery and the renewal of capital investment, both in the North Sea and further afield.

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ChrisA

English law thrives in the Energy arena

Oil and Gas is a truly international industry. Companies who also tend to be global, can have operations spanning multiple jurisdictions. Something that is a constant factor throughout, is the high degree to which these companies and regulating authorities prefer English law, which in turn generates business for UK law firms.

This is mirrored in the renewables sector, where the UK is currently exporting its renewable energy expertise across the globe.

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ChrisA

Guest Blog: Find international success with UK Export Finance

By Carol Harvey, Export Finance Manager, UK Export Finance

Across Scotland there are businesses selling their services and wares to the world, and yet there are still thousands of firms that could export but don’t. UK Export Finance is here to help.

Scottish companies have a proud history of doing business overseas, and certainly punch above their weight compared to the rest of the UK. A recent report from HM Revenue and Customs shows that Scottish exports are rising 1.6% faster than the UK average, with a total value of £28.8 billion.

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Could US sanctions against Iran affect EU businesses?

Lynne Moss

On 5th November the US finally re-imposed sanctions against Iran following a six month wind down period. This means that all sanctions which were relaxed following the signature of the Joint Comprehensive Plan of Action (the Iran Deal) have been for the large part re-instated.

So what does all of this mean for your business?

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Experts on Brexit

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Has Global Cyber Awareness Month put the Spotlight on the NIS Directive?

Callum Sinclair

As we come to the end of Global Cyber Awareness Month, and notwithstanding recent high profile cyber attacks, the spotlight still seems firmly fixed on the EU General Data Protection Regulation (GDPR) and the UK Data Protection Bill, and the significant impact they will have on data protection law.  Taking nothing away from the importance of GDPR, it is perhaps surprising that there has not been more discussion about the Directive on Security of Network and Information Systems (the NIS Directive).  However, depending on your business, it could be just as important. 

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Bringing an End to the Conversation on Fracking

Bricks

On 3 October 2017, Paul Wheelhouse, the Scottish Government’s Energy Minister, announced that the Scottish Government’s moratorium on unconventional oil and gas development would be extended into a permanent ban. The announcement follows a period of evidence gathering and consultation by the Scottish Government, which I covered in my previous blog ‘Digging Deeper – Talking Fracking’.

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#OE17 – Prosperity can be Seen in our Region’s Future and not Just its Past

An early start helped to beat the traffic heading to Offshore Europe 2017 at the AECC.  Aberdeen and Grampian Chamber of Commerce hosted a packed out Business Breakfast.  Colette Cohen of the OGTC was an engaging host, her opening remarks emphasised a resilient industry, which has become more efficient, optimising cost savings and identifying technology as key to the next generation.

Mark Hutchinson, CIO at Ernst and Young provided an entertaining whistlestop tour through what he termed the 4th Industrial Revolution.  While the world’s demand for processing power has

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