Former Amec boss finds new home at Capita
Former Amec chief executive Jon Lewis has found a new home at business outsourcing firm Capita.
Statoil’s latest North Sea find “signal of confidence” for North Sea
The struggling North Sea has been given a long awaited "signal of confidence" needed to bring back investment following the oil and gas downturn.
Bristow pilot cuts ‘another terrible blow’ claims union
Bristow Helicopters has confirmed that the company is seeking to make 12 redundancies among pilots at its Shetland and Norwich bases, which are serving the oil and gas industry.
VIDEO: Why OPEC may need to take further steps to sustain recovery
Oil producers are succeeding in re-balancing an oversupplied market, it has been claimed. However they may need to take further steps to sustain the recovery into 2018, OPEC Secretary-General Mohammad Barkindo said. Bloomberg’s Tracy Alloway reports on “Bloomberg Markets: Middle East.”
WorleyParsons Amec deal is ‘positive for the North Sea’
WorleyParsons £228 million acquisition of Amec Foster Wheeler is "positive for the North Sea" according to a leading market analyst.
Next stage of talks over Shetland gas plant dispute to be held
The next meeting to resolve a pay dispute at a major gas plant in Shetland is to be held tomorrow (WED).
Fracking ‘nimbyism’ needs to be put down, Lord Tebbit claims
Opposition to fracking is “nimbyism and it needs to be put down”, according to Tory former Cabinet minister Lord Tebbit.
Iraq’s oil rich Kirkuk in crosshairs of ‘civil war’ if independence talks left unresolved
Iraq’s vice president has warned there could be a “civil war” over the Kurdish-administered oil rich city of Kirkuk if talks over Kurdish independence are left unresolved.
Sturgeon: SNP still has mandate for second independence referendum before 2021
The SNP still has a mandate to hold a second independence referendum before the next Holyrood elections in 2021, Nicola Sturgeon has said.
Market news: Pounds gains, crude rises,
The pound gained ground as worries over Theresa May’s leadership subsided last night amid rumours of a cabinet reshuffle.
GE announces Comstock’s retirement after 27 years of service
GE has announced that vice chair Beth Comstock will retire from GE effective December 31, 2017, after 27 years of service.
Oil producers shut in 92% of Gulf of Mexico output ahead of Hurricane Nate
Oil companies in the Gulf of Mexico have evacuated hundreds of production platforms and shut off 92% of the region's crude production as Hurricane Nate moves toward the US Gulf Coast, the Bureau of Safety and Environmental Enforcement has said.
Baker Hughes rig count shows numbers down 21 from August
Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for September 2017 was 931, down 21 from the 952 counted in August 2017, and down 3 from the 934 counted in September 2016.
Teekay takes delivery Randgrid FSO ahead of Gina Krog work
Teekay has announced that it has taken delivery of the Randgrid FSO, which is currently in transit from the shipyard in Singapore to Statoil’s Gina Krog oil and gas field in the North Sea.
US stockpile drops on rising demand and record crude exports
The US nation's stockpile of oil plunged last week on the backs of rising demand and record crude exports.
Saudi Aramco open New Delhi office
Middle East giant Saudi Aramco has marked another significant milestone in its international portfolio expansion with the opening of Aramco Asia India’s new office in New Delhi.
ConocoPhillips elects new board member
ConocoPhillips (NYSE:COP) has announced that its board of directors has elected Caroline Maury Devine to serve as a board member.
BP defends offshore catering amid claims snacks are being locked away
Oil supermajor BP has defended its offshore catering offering amid claims that oil workers are being denied snacks between meals.
Eni Norway rapped over ‘serious’ safety failings on FPSO
The Norwegian arm of Italian oil major Eni has been rapped over "serious" failings at the Goliat floating production and storage offloading vessel.
Gazprom Neft discovers new offshore field
Gazpromneft-Sakhalin, a subsidiary of Gazprom Neft has discovered a new offshore field with estimated reserves of 225million tonnes of oil.
VIDEO: BP strengthens LNG shipping capacity
This video explains why supermajor BP is strengthening its LNG shipping capacity. Susan Dio, chief executive officer of BP Shipping explains why. Watch the video to find out more.
Statoil gets go-ahead for wildcat
Statoil has been granted consent for a wildcat well north of the Gina Krog field in the central North Sea.
Borr Drilling and Schlumberger sign pact
Norwegian start up Borr Drilling and oil service giant Schlumberger have signed an agreement to offer integrated, performance-based drilling contracts in the offshore jack-up market.
Engineering firm nets contract on BP’s Tortue
Global engineering firm CH2M has been awarded a new marine engineering support contract on BP's innovative Tortue development offshore Mauritania and Senegal.
BP’s central tower to reopen early next year
The central tower of BP's sprawling Houston campus in the Energy Corridor could reopen in mid-February, allowing the company to bring back hundreds of employees still working from home after Hurricane Harvey's flood waters poured into the building, the company confirmed this week.