Centrica hints at reducing ‘exposure’ to Spirit Energy
Energy supplier Centrica has said it wants to “limit exposure” to its oil and gas subsidiary Spirit Energy.
oil and gas
Contractor pay changes could retain North Sea skills, say AGCC
Incoming changes to contractor rules could help retain skilled workers in the North Sea, the Aberdeen and Grampian Chamber of Commerce (AGCC) has said.
Wood wins £6m contract with ADNOC to design ‘world’s largest’ refinery
Aberdeen-headquartered Wood has won a £6million contract with Abu Dhabi National Oil Company (ADNOC) to design the “world’s largest refining and petrochemicals complex”.
North Sea operations drive profit surge for Hibiscus
Hibiscus Petroleum has largely attributed a surge in profits to its North Sea operations.
Stena Forth booked for Guyana exploration well
Aberdeen-headquartered Stena Drilling has been booked for an exploration well on the Orinduik block offshore Guyana. Project partners Eco (Atlantic) Oil and Gas, Total and Tullow selected the Stena Forth drillship for the Jethro-Lobe prospect. Stena Forth is currently stationed off West Africa. Read more on Energy Voice here.
OGA’s Data Repository being piloted ahead of public launch
A new scheme to rekindle activity in the North Sea is being phased in to the industry today.
WorleyParsons hails impact of Aberdeen business
Australian energy service firm WorleyParsons said today that revenues were “flowing” from its recently acquired Aberdeen operation. WorleyParsons bought Amec Foster Wheeler’s oil and gas business following the latter’s acquisition by energy service giant Wood in 2017. The deal marked WorleyParsons’ entry to the UK North Sea market. Read more on Energy Voice here.
Law firms start investigating Bristow Group
A number of US law firms have announced investigations into Bristow Group on behalf of investors after the firm last week cast doubt on the validity of its finances.
Aberdeen woman has formed stoma support group to combat stigma
Just a few years ago, Lesley Lewis was a busy working mum with a good job in the oil and gas industry.
Bristow casts doubt on future, flags ‘weaknesses’ in financial reporting
The US firm behind a major North Sea helicopter operation has cast doubt on its own future.
Perenco mulls sale of southern North Sea fields
Anglo-French oil company Perenco is considering selling some of its southern North Sea gas fields.
‘Don’ of a new era as Aberdeen legend crosses over into offshore training
A former Aberdeen football legend will use what he learned under Sir Alex Ferguson to tackle leadership in offshore training.
‘Do your homework’, offshore wind bosses tell oil supply chain
Scottish offshore wind bosses have told those working in the oil and gas supply chain to “do their homework” before pitching business to the sector.
Record production sends profits up 40% at Equinor
Record production and higher oil and gas prices steered Equinor to a 40% increase in profits last year.
Changing of the guard bodes well for UK oilfield services sector, EY says
The North Sea’s “changing of the guard” will boost an oilfield services (OFS) sector creaking under the weight of sustained pricing pressures, a new report said.
Aberdeen told ‘don’t miss the boat’ on Western Australia opportunity
A top employment lawyer has warned North Sea firms not to “miss the boat” on getting a piece of Western Australia’s booming energy sector.
Calls for ‘urgent, but phased’ oil sector deal approach
A key player behind the oil and gas sector deal yesterday called for more “urgency” in implementing the proposals.
Earnings more than double at ‘reliable’ BP as major projects come alive
Better “reliability” and the start-up of several major projects helped oil giant BP more than doubled its earnings last year.
North Sea can deliver £110bn bonanza for UK: Ambitious deal ‘crucial’ to protect oil industry
An “ambitious” oil and gas sector deal will be crucial to protect the north-east’s status as a global energy powerhouse, a new report said.
Private equity is ‘force for good’, says Verus boss
The oil and gas industry needs to ditch negative perceptions of private equity (PE) and get to grips with reality, a top North Sea executive said.
Government scheme helps 4,000 unemployed oil workers
A multi-million pound fund created to get unemployed oil and gas workers back into the world of work by using the skills they developed in the industry has helped 4,000 people.
Shell targeting growth in North Sea business
Shell remains firmly focused on beefing up its UK North Sea business in spite of recent oil price volatility, the energy giant’s boss said yesterday.
Fresh union dispute surfaces over North Sea rota changes
A fresh dispute over rota changes has broken out between a workers’ union and North Sea service firms.
Directors exit Faroe after falling to DNO takeover
Oil firm Faroe Petroleum has announced the departure of five directors, including chief executive Graham Stewart.
Cnooc makes 250m barrel oil discovery at Glengorm
Chinese oil company Cnooc today announced a new discovery in the UK central North Sea.
Oil and gas firm helps kids get to school safely along busy road
A community-conscious oil and gas firm has stepped in to ensure children get to a Mearns school safely.
North Sea decommissioning ‘could cost taxpayers £24 billion’
Decommissioning oil and gas platforms in the North Sea could end up costing UK taxpayers £24 billion, a new report has indicated.
UK oil and gas sector growing in confidence after ‘challenging’ years
Confidence in the outlook for the UK oil and gas sector has increased almost fourfold in two years, an industry survey found.
Sentinel Marine to create 80 jobs with new ships
Offshore support vessel operator Sentinel Marine has announced it will create 80 new jobs with the order of three new ships.
SPONSORED: Funding need not be daunting
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.
Dana Petroleum chief executive retires
Oil firm Dana Petroleum confirmed this morning that its chief executive had retired from the role.
Wick well spudded in Moray Firth
Drilling has started on an exploration well in the Moray Firth, believed to hold up to 26million barrels of oil equivalent.