Petrol-fuelled slump adds to big fall in British retail sales
British retail sales have recorded their biggest quarterly fall in a year as the Beast from the East kept shoppers at home.
Ziyen scores an Illinois Basin double
Scottish-American oil firm Ziyen has picked up another two leases in the Illinois Basin, taking its total to 13.
50 years of OTC – 50 years of the North Sea!
Given that OTC will be in full swing in Houston as this is published, and that it is celebrating its 50th anniversary, I thought it would be timely to look back over 50 years of oil and gas in the North Sea with a bit of a legal lens. We are also celebrating at CMS, since our Aberdeen office is 25 years old this year so it’s a good time for reflection.
Collaboration the way forward says Burness Paull
The Offshore Technology Conference (OTC) is now entering its 50th year. Interestingly, the year of the first conference coincided with the Ekofisk discovery, heralding the start of the northern North Sea as a basin back in 1969.
Hydrasun appoints VP to drive growth in Africa and Asia
Aberdeen-based Hydrasun has appointed a new vice-president for international business development.
First Minister unveils £54.5million fund to tackle fuel poverty
The First Minister has announced a £54.5million fund to help tackle fuel poverty in Scotland.
Centrica pilots new tech to “revolutionise” local energy market
Centrica is trialling new technology which could “revolutionise” the way people buy and sell energy.
VIDEO: Shell and CNOOC launch petrochemicals joint venture in China
Shell and China National Offshore Oil Corporation (CNOOC) have announced the start-up of a new petrochemical plant in China.
Enpro hails ‘busiest ever’ 18-month period
Aberdeen-based Enpro Subsea has hailed the last 18 months as its “busiest ever”.
Xodus Group to go after tidal energy market in Japan
Aberdeen-headquartered Xodus Group has unveiled plans to go after the tidal energy market in Japan.
EV OTC breakfast: Confidence returning but downturn still a factor
Confidence is returning to the oil industry but the sector is not yet ready to land a knockout blow to the downturn, experts said in Houston yesterday.
All-Energy renewables showcase kicks off in Glasgow
The UK’s biggest annual renewable energy event gets under way in Glasgow today.
Siccar starts final Cambo appraisal well, completes Shell deal
Aberdeen oil firm Siccar Point Energy has started drilling a final appraisal well on the Cambo field, north-west of Shetland.
Anger over 656ft ‘super turbines’
The Western Isles could be among the first places in Scotland to have “super turbines” as developer EDF announces plans for 656ft-tall structures on Lewis.
OTC 2018: Norwell wins £100,000 contract for e-learning platform
An Aberdeen e-learning firm which got tired of waiting for the oil and gas industry to tackle its training and skills crisis has decided to lead the way.
Rowan sees “healthier dynamic” for North Sea
Rowan says it has built-up a backlog of work showing a “healthier dynamic” within the North Sea region.
OTC 2018: US takes steps to recovery
The US oil industry is not yet sprinting toward recovery, but the sector is “definitely on the mend”.
Flintstone secures multi-million pound contract for Tullow’s Jubilee FPSO
Scotland-based Flintstone Technology has won a multi-million pound contract for work on Tullow Oil’s Jubilee FPSO in Ghana.
Chilly Britain absorbing more gas that would have gone to Europe
Britain is so cold it’s keeping more of the natural gas it produces and imports for itself.
OTC 2018: ICR Integrity enters Caribbean pipeline repair market
Aberdeen firm ICR Integrity has joined forces with a company from Trinidad and Tobago to offer pipeline repair and maintenance services in the Caribbean nation.
Oil holds drop on bearish stockpiles report before Iran decision
Oil held losses as a bearish U.S. crude inventory report weighed on prices while uncertainty loomed over the fate of the Iranian nuclear deal.
OTC 2018: Wood and IBM to work on digital products
Energy service giant Wood, of Aberdeen, and technology firm IBM have teamed up to harness artificial intelligence, analytics and blockchain to transform the way oil companies operate.
U.S. refinery fire caused by explosion in gas unit
A massive fire from an oil refinery in the US last week was set off by an explosion in the gasoline unit, according to a news report.
Survitec to upgrade lifeboats on Alwyn North
Safety specialist Survitec has secured a contract to upgrade 12 lifeboats on Total E&P UK'’s Alwyn North Platform.
Alba Northern resumes operations following shutdown
A North Sea oil platform shut down following concerns about a gas leak has now resumed operations.