Japanese firm seeking to sell stakes in North Sea assets
Japanese firm Itochu is planning to sell its stakes in two North Sea developments, according to a news report.
Orsted opens world’s fifth largest windfarm off UK coast
Orsted has officially opened a new windfarm today, capable of powering over 500,000 UK homes a year.
Sir Ian Wood: ‘No way’ North Sea gets 20billion barrels without ‘serious exploration’
Sir Ian Wood has warned that the industry will “need to do something dramatic” if it hopes to recover the 20billion barrels of oil remaining in the North Sea.
Industry facing ‘possible shortage’ as North Sea activity increases, says Oil and Gas UK
Oil and Gas UK has said the industry is potentially facing a staff shortage as activity grows in the North Sea.
Upland announces £3million fundraiser to help pay for Wick prospect
Upland Resources has announced plans to raise £3million to help pay for the costs of drilling a 250million barrel prospect in the Moray Firth.
Oil keeps Westhill as most expensive town to buy a home
Westhill in Aberdeenshire remains the most expensive town to buy a home, according to new research from Bank of Scotland.
Oil worker in 3,500mile Atlantic rowing trek
An oil worker is about to embark on an epic 3,500mile solo row across the Atlantic Ocean.
Global Energy Group involved in £15million water improvement scheme
The key element of a £15 million Outer Hebrides water improvement project is being taken to pieces at the Highland factory where it was built to be transported to the islands.
Centrica invests £400,000 in ‘smart homes’ initiative
The boss of an Easter Ross company involved in a pioneering “smart homes” initiative has said new funding and support from energy giant Centrica will help take its work to new levels.
Subsea 7 wins ‘sizeable’ contract for West Delta Deep Marine in Egypt
Energy services firm Subsea 7 has been awarded a “sizeable” contract for work off the coast of Egypt.
Russia is said to seek oil-cuts rollback for most OPEC+ nations
ussia plans to propose that OPEC and its allies be allowed to return production to October 2016 levels, rolling back most but not all of their output cuts within three months, according to a person familiar with Russian thinking.
OPINION: It’s time to turn up the heat on UK renewables
The UK is at a vital crossroads when it comes to its renewable energy market. Today, the European Council and the European Parliament will convene in a bid to propose a new and ambitious renewable energy target as part of the EU’s 2030 Clean Energy Package. The package will introduce major changes that could transform how the energy market operates. At least while we remain in the bloc, it promises to be a progressive piece of energy legislation, with some lofty goals expected to continue to raise the renewables bar across Europe.
Neptune Energy appoints new vice president
North Sea oil firm Neptune Energy has made a senior appointment in its bid to become a leading international oil explorer.
No criminal proceedings after gun used to relight flare on North Sea platform
The Crown Office has confirmed that no criminal proceedings are being brought after a gun was used to relight a flare on a North Sea platform.
Unite calls for ‘strategic state support’ for UK oil and gas sector
Unite is to call on the UK government to provide the offshore sector with “strategic state support” to address emerging challenges.
Final modules to be taken off BP Miller platform
The final two modules on the BP Miller platform will be removed this week.
Bibby Offshore CEO departs for ‘new challenges’
Bibby Offshore chief executive Howard Woodcock is leaving the north-east subsea company to “pursue new challenges” it was announced yesterday.
Leading businesswoman turned to soup making to keep firm together amid downturn
A leading north-east businesswoman said she turned to soup making to help pull her firm together through the downturn.
Johan Castberg gets government approval
The development plan for Equinor’s huge Johan Castberg field has been granted approval by Norway’s Ministry of Petroleum and Energy.
Aberdeen to play ‘vital part’ in Ghana’s ‘oil boom’
The chief executive of Ghana’s Petroleum Commission has said Aberdeen will play a “vital part” in the country’s upcoming “oil boom”.
Aberdeen firm invests £750,000 in new Houston office
An Aberdeen-based energy services firm has opened a new office in Houston to meet growing demand in the US.
Aberdeen pupils making a splash after winning a national STEM challenge
Pupils from the Robert Gordon’s College in Aberdeen have won a national engineering challenge.
Echo Energy starts drilling well in Argentina
London-headquartered Echo Energy has started drilling a third exploration well in a back-to-back campaign of four wells in Argentina.
U.S. regulators urge better oversight for pipeline cybersecurity
The federal agency now charged with overseeing cybersecurity for U.S. pipelines is ill equipped to do the job, say two top regulators who want the role given to the Energy Department.
Oil slips on signs Russia boosted crude output before OPEC meets
Oil extended declines as Russia was said to increase output before it meets with OPEC, adding to signs that a global coalition of producers is unwinding a pact to restrain supply.