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Oil Price and Oil Market

As Premier Oil makes a historic find in the Gulf of Mexico, probably one of the 5 largest discoveries of oil in the world, and its shares surge by a 1/3 to over 60p, we have to ask ourselves if this black gold discovery is as valuable as it used to be or will it […]

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Survival Guide to the Low Oil Price, The Human Element – 10 Things you must do if you are in the Oil Industry

I did say I would look at how we got into this mess. In this blog I give some personal views and also look at the human element of the crises, a factor sadly ignored by many.   Background to a Crisis OPEC has been stern in their commitment to curb oil production with persuasion […]

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Work Smarter, Not Harder Cutting Fat through Maintenance Optimisation

In an industry like Oil and Gas when margins are tight and profits rest on a fluctuating market, one of the toughest questions to answer is how to keep down costs without compromising safety and integrity. With heavy investment in assets, a proactive approach needs to be used in order to ensure that resources are […]

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12 things to survive the low oil price.

As Premier Oil makes a historic find in the Gulf of Mexico, probably one of the 5 largest discoveries of oil in the world, and its shares surge by a 1/3 to over 60p, we have to ask ourselves if this black gold discovery is as valuable as it used to be or will it […]

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Award Winning Asset Integrity

We are pleased to announce that the presentation on Sustaining Production Operations During Downturns given by Theon’s Managing Director, Brian Mercer, at the IChemE’s Annual Technical Seminar in September 2015 was awarded the “Best Annual Technical Presentation” by the IChemE at the annual dinner on 16th March 2016.  The award recognises the approach being taken […]

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Sustaining Production Operations During Downturns

Brian Mercer, Theon’s Director of Project Management, recently presented to the IChemE’s Annual Technical Seminar in Aberdeen. This seminar addressed the actions companies are currently taking to manage the downturn in the industry, in addition to discussing possible further options to improve efficiency. Whilst that is a valid examination, Brian addressed the question from a more […]

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Subsea Pipeline Inspection, Repair and Maintenance

Introduction Ever since the first subsea pipelines were installed engineers have been developing methods to inspect, repair and maintain them to ensure that they can safely transport the fluids required. Most of this development has focussed on the areas of saturation diving, remotely operated vehicles and pigging, with the technologies improving incrementally to meet the […]

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Low Cost Oil – High Cost Extraction – OPEX Reduction Necessary

Introduction Once again, we find ourselves in a market slump caused by rising costs and, on this occasion, tumbling oil price.  To many, that may seem like just another dip in the cycles experienced across the industry, typical of the surges and dips evident across the years.  However, whilst that may reflect the industry as […]

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Use Probabilistic Data for Safer and Cheaper Design and Operation of Pipelines

Vast amounts of data are now available to designers and operators of pipeline systems, however, this data is rarely used to optimise the design or operation because the standards and codes do not allow for this. In this article Theon’s Manager of Subsea and Pipelines, Jonathan Franklin, explains the benefits and application of making the […]

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Key Personnel Appointed at Theon

Theon Limited, independent engineering consultancy in its third year of operation, has expanded with projects in UK and overseas. Managing Director Steve Rowbottom, who along with Zulfiqar Hussain is a co-founder of Theon, said ‘I am happy to announce 3 new additions to our fast growing consultancy, in both our Aberdeen and London offices. Theon […]

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