The Scottish Government’s energy transition plans cannot “come at the cost” of north-east oil and gas jobs, Aberdeenshire MSPs warned yesterday. North-east Labour MSP Lewis Macdonald said the region’s workforce cannot be “devastated” by the shift to low carbon energy. >> To read more on Energy Voice, click here <<
North Sea oil firm Repsol Sinopec Resources UK (RSRUK) has opted to stick with three week offshore rotas on its platforms after concluding a review.
Aberdeen-based Attollo Offshore has announced it will create 20 jobs through a new project to enhance the use of technology offshore.
Oil and gas operator Nexen has officially changed its name to Cnooc International.
An autopsy has found that blasting work carried out at the Aberdeen harbour expansion project “cannot be ruled out” in the death of a young grey seal.
Oil giant Shell has revealed the vessel for its Curlew field in the North Sea would be taken to Turkey for dismantling.
Rystad Energy has announced plans to set up shop in Aberdeen as it forecasts a surge in activity for the UK North Sea.
The energy giant behind a controversial north-east wind farm will offer £3 million to the community.
A North Sea offshore supplier has denied exploiting non-EU workers – despite paying some little more than £3 an hour.
Oil and gas operator Nexen has officially changed its name to Cnooc International. The Canadian firm was taken over by China National Offshore Oil Corporation (Cnooc) in February 2013 in a £9.4 billion deal. >> To read more on Energy Voice, click here <<
A new research base with the power to transform the UK into a global leader in oilfield demolition opened in a tiny Aberdeenshire village this morning.
Unpredictability is the only certainty in the world of crude prices. But oil industry observers believe crude prices are more likely to rise than fall over the coming months.
Oil prices settling in a sweet spot of $60-70 per barrel would give North Sea firms more confidence to kick on with investment plans, industry experts have said.
The boss at M2 Subsea (M2S) has jumped ship to another remotely-operated-vehicle (ROV) specialist after “winding down” the firm — less than three years after its launch.
DNO could become a “more dominant player” in the North Sea with its takeover of Faroe Petroleum, according to an analyst. Faroe’s board yesterday conceded defeat in a long-running takeover battle and advised shareholders to accept DNO’s bid. >> To read more on Energy Voice, click here <<
The £2.2 billion acquisition of Amec Foster Wheeler at the end of 2017 has opened up a host of new opportunities for owners Wood.
Faroe Petroleum’s board has conceded defeat in its fight against a takeover bid by Norwegian oil explorer DNO.
Norwegian oil explorer DNO has increased its offer to acquire Aberdeen-based Faroe Petroleum, as its pursuit of the North Sea firm continues.
The Scottish Government is being pushed for answers on whether it will back a public inquiry into helicopter safety offshore.
A deal set to secure 100 fabrication jobs at BiFab’s Arnish yard is “all but done”, it was revealed yesterday.
The end of production on a North Sea platform has been marked with a photo campaign after 30 years of operations.
Unite union members have voted to accept a pay offer from the OCA, according to a offshore union representative.
Turbine blades at Aberdeen Bay windfarm clocked record speeds during yesterday’s gale force winds, according to the project operator.
A heady cocktail of beefed up budgets and fierce competition for acquisitions will create a “renaissance” for North Sea exploration this year, analysts said.
A strike ballot on one of the UK’s largest offshore gas projects has been forced to be cancelled.
As Scotland’s energy sector transitions to a lower-carbon future, diversification has become a buzzword for businesses looking to take advantage of new opportunities.
Trac Oil and Gas’s boss said yesterday that he was “generally satisfied” with the firm’s latest accounts, which showed “strong growth during challenging times”.
Bosses at DNO have warned they will “not go away” after falling short with their hostile takeover offer for Aberdeen-headquartered oil firm Faroe Petroleum.
The reduced oil price over the last 2 months (down 20%) is worrying, and it looks like the price could be between $55 and $65 this year.
Bosses at DNO have picked apart a report indicating its takeover bid for Faroe Petroleum was too low. DNO also said it was “troubled” by Faroe’s latest exploration disappointment with the Brasse East well. It follows last month’s disappointment with the Cassidy exploration well offshore Norway. >> To read more on Energy Voice, click here <<
Norwegian firm DNO has given Faroe Petroleum shareholders another two weeks to accept its takeover offer after falling short of its target.
Oil giant Shell today announced that it had finished offloading shares in its New Zealand business to Austrian oil company OMV.