ABERDEEN
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I remember speaking to an US oilman (large major CEO) at Aberdeen Airport about the oil in Scotland (part of discussion on independence but not for here) he explained the North Sea is very much mature and finds are limited. West of Shetland and off the West Coast I.e. Outer Hebrides and Skye down to the Clyde was new frontier but relied upon the price of a barrel!!, also rather intricate environmental concerns plus that no-one wants big ugly rigs in the Clyde or between Skye & Lewis. The other equation will it be easier to base that industry in Glasgow or Belfast rather than Aberdeen. Aberdeen needs to look at where it goes once the North Sea is dry, can it still be centre of the UK/Scottish production or does it need to look at other industries whilst the money is there.
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KLM/Amsterdam
Local press report KLM are reinstating the 5th weekday flight, but only on an 8wk trial basis from mid-May to gauge demand. The group have no plans to do likewise on the CDG route, which also lost a rotation.
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On 7th December 2016, Energy Voice published an interview with Bob Dudley, the chief executive of BP. He said:
According to Energy Voice;
That's an increase from 5 wells this year to an average of 16.67 per year in 2018, 2019 and 2020 which is 333% of the 2017 figure.
A doubling of production and more than trebling of development wells by BP would, I'd have have thought, been newsworthy but the mainstream media has suppressed this story.
According to Energy Voice;
Source; https://www.energyvoice.com/oilandga...s-crown-jewel/
This article provides more details including BPs current and expected cost of production;
http://www.cityam.com/255378/bps-ceo...tion-next-four
Whilst much of this growth will be West of Shetland it should still be good news for employment prospects in Aberdeen and therefore for air traffic from Aberdeen Airport.
The largest oil find in the UK this millennium has been made by Hurricane Energy west of Shetland but this has also been suppressed by the mainstream media. Here's an interview with Hurricane's CEO talking about the various fields that comprise what's now being referred to as "Greater Lancaster" which is on the Rona Ridge and is south of the huge "Greater Clair" field.
https://youtu.be/v5p6jfZF-gQ
The Hurricane Energy website has full technical details about their discoveries and ongoing drilling activities.
https://www.hurricaneenergy.com/oper...hetland-blocks
“The North Sea is not only our backyard, it is one of four crown jewels.”
The oil major will drill five exploration wells next year and 50 new development wells over the next three. Its production is also set to double by 2020 to 200,000 barrels of oil a day.
A doubling of production and more than trebling of development wells by BP would, I'd have have thought, been newsworthy but the mainstream media has suppressed this story.
According to Energy Voice;
The global leader also dispelled the “myth” that North Sea industry was over, insisting BP would be pumping oil until 2050.
“The myth that the North Sea is finished is absolutely that. It’s a wrong myth,” he said.
“There’s a demonstration of new activity and new big fields coming on stream. It’s not just BP fields. There are others as well, so there’s real economic activity that will support thousands of jobs. And there is an active exploration programme that could create something really new and exciting. I think it will be ‘good’ exciting – not necessarily the silver bullet."
“The myth that the North Sea is finished is absolutely that. It’s a wrong myth,” he said.
“There’s a demonstration of new activity and new big fields coming on stream. It’s not just BP fields. There are others as well, so there’s real economic activity that will support thousands of jobs. And there is an active exploration programme that could create something really new and exciting. I think it will be ‘good’ exciting – not necessarily the silver bullet."
This article provides more details including BPs current and expected cost of production;
http://www.cityam.com/255378/bps-ceo...tion-next-four
Whilst much of this growth will be West of Shetland it should still be good news for employment prospects in Aberdeen and therefore for air traffic from Aberdeen Airport.
The largest oil find in the UK this millennium has been made by Hurricane Energy west of Shetland but this has also been suppressed by the mainstream media. Here's an interview with Hurricane's CEO talking about the various fields that comprise what's now being referred to as "Greater Lancaster" which is on the Rona Ridge and is south of the huge "Greater Clair" field.
https://youtu.be/v5p6jfZF-gQ
The Hurricane Energy website has full technical details about their discoveries and ongoing drilling activities.
https://www.hurricaneenergy.com/oper...hetland-blocks
Last edited by Porrohman; 4th Mar 2017 at 15:19.
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I knew about Hurricane - seems they may have some quite significant acreage west of Shetland potentially. Crossed my mind to invest in some of their shares in fact! CHC are flying to/from the Transocean Spitzbergen, which is contracted to carry out Hurricane's drilling programme.
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"On 7th December 2016, Energy Voice published an interview with Bob Dudley, the chief executive of BP. He said: Quote:
“The North Sea is not only our backyard, it is one of four crown jewels.”"
which is why he sold a bundle of assets to Enquest a month later I guess..................
“The North Sea is not only our backyard, it is one of four crown jewels.”"
which is why he sold a bundle of assets to Enquest a month later I guess..................
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That much is true HH of course, but at this stage in the N.Sea's life I think a churn of assets is a good thing. If the existing owners no longer feel they can spend the money developing or even maintaining them (especially the older assets), then sell them to suitors that will, and who may be more nimble and in a better position to do so. How long ago now did BP sell Forties to Apache? Had BP still been the owner, Forties may not still have been in production which of course it is.
However this is still focussing on oil. I don't pretend for a minute that we will in the medium term lose oil as one of the main parts of the local economy (and I wouldn't necessarily want to) but at some point oil will no longer be viable, and that last barrel will be extracted from the UKCS. What then? Diversification and internationalisation has to be the key, and no doubt much cleverer minds than mine are working on this. It won't be easy and I don't pretend either that I have any answer about how this is done, except that it HAS to be done. I still say better advertising of the area to attract inbound tourism has to be one strand, for example. It's not the H&I or the lochs, but Aberdeenshire is a diverse & beautiful part of the world.
However this is still focussing on oil. I don't pretend for a minute that we will in the medium term lose oil as one of the main parts of the local economy (and I wouldn't necessarily want to) but at some point oil will no longer be viable, and that last barrel will be extracted from the UKCS. What then? Diversification and internationalisation has to be the key, and no doubt much cleverer minds than mine are working on this. It won't be easy and I don't pretend either that I have any answer about how this is done, except that it HAS to be done. I still say better advertising of the area to attract inbound tourism has to be one strand, for example. It's not the H&I or the lochs, but Aberdeenshire is a diverse & beautiful part of the world.
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I agree - but Aberdeen is the last single-industry largish city in the UK
When the oil runs out - and even when the low cast Opeators come in - you 'll see things start to hurt. I remember talking to a taxi driver after Apache replaced BP on Forties - he reckoned that Apache had less staff, less money and did a lot less travelling by taxi
You could see the same effect on air traffic - without the big spenders the LHR link will be under threat - at least on frequency to start with - but eventually you are left with around 260,00 people as a market. That isn't much TBH...........
And as for "long term planning"... Aberdeen Council is one of the worst planners in the whole country - and that really is saying something....... it's hard to think of single thing they planned and executed on time
When the oil runs out - and even when the low cast Opeators come in - you 'll see things start to hurt. I remember talking to a taxi driver after Apache replaced BP on Forties - he reckoned that Apache had less staff, less money and did a lot less travelling by taxi
You could see the same effect on air traffic - without the big spenders the LHR link will be under threat - at least on frequency to start with - but eventually you are left with around 260,00 people as a market. That isn't much TBH...........
And as for "long term planning"... Aberdeen Council is one of the worst planners in the whole country - and that really is saying something....... it's hard to think of single thing they planned and executed on time
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"On 7th December 2016, Energy Voice published an interview with Bob Dudley, the chief executive of BP. He said: Quote:
“The North Sea is not only our backyard, it is one of four crown jewels.”"
which is why he sold a bundle of assets to Enquest a month later I guess..................
“The North Sea is not only our backyard, it is one of four crown jewels.”"
which is why he sold a bundle of assets to Enquest a month later I guess..................
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BP exploration wells?? three times a low number is still a very low number..................
I see they picked up a small tranche of acreage in the latest Bidding Round announced today but nothing like a bunch of others
I see they picked up a small tranche of acreage in the latest Bidding Round announced today but nothing like a bunch of others
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I don't agree this was a dead-duck as an ABZ option to Vagar. Had this still been a BE franchise then the new connection to/from LHR could have provided very good feed. I think it is perhaps more capacity at ABZ as dropping the Saab 2000 back to the smaller/slower Saab 340 on ABZ-LSI and increasing from four back to five rotations, leaves little spare fixed capacity in ABZ given the other unit operates KOI/LSI mix.
It was a wise consideration but is perhaps one of those routes that needs to start to actually generate awareness. Look forward to new routes in the new world of Loganair......
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Air Ambulance dispatched to wrong destination
Apology after air ambulance sent to Shetland instead of Orkney - BBC News
Good job it wasn't a life-threatening situation. Looks like NHS Grampian are carrying the can.
Good job it wasn't a life-threatening situation. Looks like NHS Grampian are carrying the can.
how are the new flights to Heathrow going?
10 flights per day from one airline seems rather a lot??
bb
This route expansion means that, with effect from 26th March 2017, Flybe will offer up to 18 flights a day between London and Edinburgh, and 10 between London and Aberdeen.
bb
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Gdansk
Wizz planning for GDN to go all A321 in the coming winter season so quite a step up in capacity. Same frequency but extra 200 seats per week.
WAW remains twice weekly A320.
I wonder if we could see anything else from them or has Brexit uncertainty put the skids on that for now?
WAW remains twice weekly A320.
I wonder if we could see anything else from them or has Brexit uncertainty put the skids on that for now?