Energy supplier Centrica has said it wants to “limit exposure” to its oil and gas subsidiary Spirit Energy.
oil and gas
Incoming changes to contractor rules could help retain skilled workers in the North Sea, the Aberdeen and Grampian Chamber of Commerce (AGCC) has said.
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”.
Hibiscus Petroleum has largely attributed a surge in profits to its North Sea operations.
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.
A new scheme to rekindle activity in the North Sea is being phased in to the industry today.
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.
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.
Just a few years ago, Lesley Lewis was a busy working mum with a good job in the oil and gas industry.
The US firm behind a major North Sea helicopter operation has cast doubt on its own future.
Anglo-French oil company Perenco is considering selling some of its southern North Sea gas fields.
A former Aberdeen football legend will use what he learned under Sir Alex Ferguson to tackle leadership in offshore training.
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 and higher oil and gas prices steered Equinor to a 40% increase in profits last year.
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.
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.
A key player behind the oil and gas sector deal yesterday called for more “urgency” in implementing the proposals.
Better “reliability” and the start-up of several major projects helped oil giant BP more than doubled its earnings last year.
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.
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.
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 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.
A fresh dispute over rota changes has broken out between a workers’ union and North Sea service firms.
Oil firm Faroe Petroleum has announced the departure of five directors, including chief executive Graham Stewart.
Chinese oil company Cnooc today announced a new discovery in the UK central North Sea.
A community-conscious oil and gas firm has stepped in to ensure children get to a Mearns school safely.
Decommissioning oil and gas platforms in the North Sea could end up costing UK taxpayers £24 billion, a new report has indicated.
Confidence in the outlook for the UK oil and gas sector has increased almost fourfold in two years, an industry survey found.
Offshore support vessel operator Sentinel Marine has announced it will create 80 new jobs with the order of three new ships.
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.
Oil firm Dana Petroleum confirmed this morning that its chief executive had retired from the role.
Drilling has started on an exploration well in the Moray Firth, believed to hold up to 26million barrels of oil equivalent.