North-east ROV firm win contracts in North Africa
Aberdeenshire-based ROV solutions provider Aleron Ltd has won two contracts in North Africa.
Offshore worker banned from roads after killing pensioner by driving carelessly
An offshore worker has been banned from the roads after he admitted killing a north-east pensioner by driving carelessly.
SgurrEnergy introduces UAVs for wind turbine inspections
SgurrEnergy is using unmanned aerial vehicles (UAVs) to carry out inspections of renewable technologies such as wind turbines.
Scottish Independence case in ‘tatters’ after downgraded oil forecasts, opposition claim
Opposition parties have seized on downgraded forecasts for oil and gas receipts to criticise the case for Scottish independence.
Chevron eyes cash flow, focus on Permian
American multinational Chevron (NYSE:CVX) hopes to start growing free cash flow next year and is zeroing in on short-cycle, high return opportunities in the Permian basin.
Rosneft board rumours abound, sources claim Glencore’s Glasenberg in running
Glencore's chief Ivan Glasenberg and a top executive from Qatar's state wealth fund QIA will likely join the board of Russia's Rosneft this year, according to sources.
North Sea service firm expands south
A North Sea offshore services firm has expanded its business with a six figure investment in a quayside fabrication facility in Dundee.
Derek Mackay: UK budget must do more for North Sea oil and gas industry
Although there are encouraging signs that confidence is beginning to return to the oil and gas industry, the UK Government must do more to ensure its recovery.
‘Not surprising’ North Sea oil calling for budget help, MSP says
An MSP claims it is "not surprising" that the North Sea oil and gas industry has called for another lifeline in today's budget.
Statoil rapped over Statfjord fire
A fire broke out on a North Sea platform after crude oil pumped against a closed valve for nearly an hour - with the temperature rising from 33 degrees Celsius to 344C.
Norway’s wealth fund in talks with coal-related firms
Norway's $900billion sovereign wealth fund is in a talks with 26 companies because they use or produce coal, its CEO has revealed.
Saudi Aramco to pay Shell $2.2 Billion in refinery breakup
Saudi Arabian Oil Co. will pay Royal Dutch Shell Plc $2.2 billion including debt to finalize the breakup of a 19-year refining partnership known as Motiva Enterprises LLC.
Statoil to use Songa Enabler to drill on Snøhvit
Statoil has been granted permission to drill a fourth well on the Snøhvit gas field.
Unions call for government investment and respect for offshore workers
A trade union alliance representing oil and gas workers has renewed calls for government investment in North Sea infrastructure.
North Sea oil and gas industry finally ‘coming up for air’
The North Sea is finally "coming up for air" after a tough two years, according to a leading industry expert.
North Sea oil and gas industry in ‘better shape’, new health check report says
The North Sea oil and gas industry is in better shape to achieve growth as confidence slowly returns to the market, a new report said.
Incinerator could become £180million white elephant, warn European lawmakers
The European Union has warned that new rules could turn a planned £180million incinerator in the north-east into a white elephant.
Saudi Aramco announces IPO for 2018
Saudi Aramco is to be publicly listed both in Kingdom and abroad in the second half of 2018.
Oil and gas industry should not be handed Treasury tax-breaks in budget, WWF Scotland says
Environmentalist group WWF Scotland said the oil and gas industry should not be "handed even more" tax-breaks in tomorrow's spring budget.
Nigerian government forces crack down on the Delta’s oil bootleggers
Nigerian troops have destroyed 80 illegal oil refineries in the Niger Delta in the last 10 days, a military spokesman has claimed.
Wello Oy’s yellow Penguin gets winter debut
Technology firm Wello Oy has deployed its 'Penguin' wave energy converter in the chilly waters off Orkney.
OPEC to double production with expansions in Iran and Iraq, IEA claims
OPEC will increase its production capacity by about twice as much as previously thought, led by expansion in Iran and Iraq, the International Energy Agency has said.
E&P firm VNG awards FEED contracts to Subsea 7, Technip FMC, and Aker Solutions
Gas exploration and production (E&P) firm VNG has awarded Front End Engineering and Design (FEED) contracts to Subsea 7, Technip FMC, and Aker Solutions
Society of Petroleum Engineers awards £20k of student bursaries
Enterprising students studying oil and gas related subjects have been awarded £20,000 in bursaries.
Rose Petroleum in bid to sell off Mexican asset
Rose Petroleum has entered into a memorandum of understanding with Magellan Gold Corporation for the potential disposal of the firm's Mexican mineral processing mill.