Company News
Clyde Shipbuilders ‘Have Certainty’
Monday 30th October 2017
Ravid
Shipbuilders on the River Clyde have certainty over their work and positions, defence secretary Sir Michael Fallon has asserted. In a visit to the BAE Systems yard in Scotstoun, he stated that “no other industry in Britain has as much certainty as those working in shipbuilding”. Sir Michael pointed out that the number of new orders for warships and other vessels for the Royal Navy will provide 20 years worth of work for the industry. BAE Systems…
Ethylene And Methanol 'To Lead Global Petchem Growth'
Friday 13th October 2017
Ethylene and methanol are set to drive an anticipated boom for the global petrochemicals industry. This is according to a fresh market report titled 'Global Petrochemicals Capacity and Capital Expenditure Outlook: Ethylene And Methanol Spearhead The Petrochemicals Industry Expansion'. The report covers all aspects of growth catalysts including industrial trends, worldwide analysis and other data such as rate of expansion, market shares and the effect of growth. It sets out that the global capacity for…
Refinery Maintenance Contract Awarded To Wood Group
Friday 13th October 2017
The Wood Group has won a five-year maintenance contract with oil giant Total for its Lindsey Oil Refinery in Lincolnshire. It will involve delivering onshore maintenance services for the refinery, with chief executive of the firm Robin Watson explaining that the company’s “commitment to safety”, as well as its extensive experience in the offshore oil sector, helped it win the contract. “Our extensive capabilities in offshore maintenance gained from over two decades of working with Total…
Reports Highlight Importance Of Plug Valve Safety Training
Monday 2nd October 2017
The importance of safe practices, training and regular maintenance of instrumentation equipment has been emphasised by a number of reports in recent weeks, following a serious fire caused by a broken plug valve. According to reports, a fire broke out at the ExxonMobil Baton Rouge refinery in Louisiana, USA, in November last year when a plug valve malfunctioned, causing a massive fire that injured four workers, highlighting the need for proper training. The incident occurred during maintenance…
UK Oil Industries ‘Entering Final 10yrs’ Of Production
Thursday 28th September 2017
A new report from the University of Edinburgh has revealed that the oil industries in Scotland and the rest of the UK are now entering their final ten years of production – which could mean that the UK will soon have to import all the oil and gas it requires. The study looked into output from offshore fields and estimated that almost ten per cent of the country’s original recoverable oil and gas remains – around…
Extension Granted For UKOG Oil Test Drilling
Friday 15th September 2017
UK Oil and Gas (UKOG) has been granted a 12-month extension to its license by West Sussex County Council, giving it the opportunity to continue its operations to test drill for oil deposits at Woodbarn Farm. The BBC revealed that councillors reached a unanimous decision, but raised a number of conditions for the firm. Chair of the planning committee at West Sussex County Council Councillor Duncan Crow said that the firm has 12 months to carry out…
Britain Strikes Deal To Boost Ship Building
Thursday 14th September 2017
The use of valve and fitting solutions in Britain’s military shipbuilding will be spread across the country, according to new plans revealed by the government. According got The Telegraph, a radical shake up in how warships are built for the Royal Navy could boost the UK’s ship building economy significantly. Proposals for ‘budget battleships’, created last year, have been endorsed by defence secretary Sir Michael Fallon and the Ministry of Defence, which would see Britain buy…
McCain Invests In New Food Production Facility
Friday 8th September 2017
McCain - a brand that’s best known for its oven chips - is investing £100 million in its North Yorkshire production facility, which will see the site in Scarborough get a full renewal. The company has been based at the location for nearly 50 years and this particular facility is one of its most successful. Scarborough Borough Council approved the plans for the work recently and councillors gathered with McCain GB bosses for the ground-breaking ceremony…
New Polar Research Ship Nearing Completion
Tuesday 29th August 2017
RRS Sir David Attenborough, the new polar research ship that’s intended to replace the current polar fleet here in the UK, is nearing completion, with the rearmost portion of the stern now being moved from the production yard to Birkenhead, where the rest of the hull is being constructed. According to the BBC, it will take about a week for the 900-tonne section to be moved from Tyneside and make its way around the country. The…
Cuadrilla Highlights Economic Benefits Of Fracking
Wednesday 23rd August 2017
There has been a great deal of controversy around fracking in the UK, with many people concerned about what the practice will mean for the environment and their local area. Cuadrilla is one of the firms that has been granted a licence to carry out fracking activities in the country and has faced protests from many over its work. However, it has recently highlighted the economic benefit of its activity for Lancashire, the Blackpool Gazette reported. According…
