Fletcher buys two platform supply ships for £4.9million in anticipation of ‘rising market’
Aberdeen-based Fletcher Group has purchased two platform supply ships for £4.9million in anticipation of a “rising market” in the North Sea.
SDX spuds well in Morocco
London-headquartered SDX energy has spud an exploration well in Morocco.
Trump threat to axe `insane’ Iran deal Is scaring off oil traders
Some oil traders are already steering clear of doing business with Iran as U.S. President Donald Trump signals he’ll ditch the nuclear deal with OPEC’s third-largest producer.
‘UK may face bill hike if power firms merge’
The merger of energy giants npower and SSE could reduce competition and lead to higher prices for some households, according to Britain’s competition watchdog.
Excitement building for Gold Awards
Excitement is building for the 2018 Press and Journal Energy Voice Gold Awards, one of the most prestigious events in the Scottish business calendar, and many people are wondering who will be next to join the “hall of fame”.
MTL makes senior appointment to improve FPSO inspection services
Kintore-based Marine Technical Limits have appointed a new Lead Naval Architect to expand their services.
50 years of OTC: How a wonkish technical conference became energy industry’s biggest spectacle
There’s arguably no bigger spectacle in the oil and gas industry than the annual Houston conference that attracts tens of thousands of people from more than 100 countries for a mix of carnivalesque pageantry, massive displays of drilling rig equipment, wonkish technical meetings and, of course, after-hours parties.
Stena Drilling secures Samo contract with FAR
Aberdeen-based Stena drilling has secured a fresh contract for work on the giant Samo prospect off the coast of Gambia.
Shell’s pre-tax earnings jump by £1.3billion in Q1 results
Energy giant Shell has reported an increase in pre-tax earnings of £1.3billion for the start of 2018.
BP appoints former Statoil and BG Group CEO Lund as new chairman
BP has announced former Statoil and BG Group CEO Helge Lund as its new chairman.
PHOTOS: First of Johan Sverdrup topsides installed, Aasta Hansteen platform arrives
Energy giant Statoil has released images of work being carried out on three major projects set for the Norwegian Sea.
Stena ‘pulls back’ from redundancy position after securing fresh North Sea work
Stena Drilling has “pulled back” from a major redundancy position after securing fresh North Sea work with Total.
Aberdeen event on emerging opportunities in Saudi Arabia
An event highlighting emerging opportunities in Saudi Arabia is being hosted in Aberdeen next month.
Subsea 7 posts pre-tax losses of £21million
Subsea 7 has posted a loss of £21million in its first quarter results, compared to earnings of £147million in the same period last year.
‘Fatigue and confusion’ played part in oil tanker crash with bulk carrier on Dover Strait
The Marine Accident Investigation Branch (MAIB) has published a report into a collision between a bulk carrier and an oil tanker in the Dover Strait.
Remote Scottish island on track for 24-hour power supply
A small island between Orkney and Shetland is on course to enjoy a 24-hour electricity supply for the first time by the end of September.
Australia’s £14billion missed opportunity shows tax problem
Australia is on track to match Qatar as the world’s biggest liquefied natural gas exporter next year. The boost to the budget bottom line? Virtually nil.
OPINION: A new war for “white petroleum” is about to begin
It's the modern gold rush. Around the world, the most sought-after mineral isn't a precious metal, nor is it oil and gas…it's lithium.
OPEC cuts and Venezuelan outages offset global drilling forecast
OPEC’s output cuts as well as outages in Venezuala have offset projected drilling activity in 2018.
McDermott ‘fully committed’ to CB&I deal following rejected Subsea 7 bid
McDermott International has stated it remains “fully committed” to its merger with CB&I following Subsea 7’s rejected takeover bid.
Energy sector boost sees Highland firm double workforce
Increasing activity in the oil and gas and renewables sectors has seen one of the Highlands’ major fabrication firms double its workforce in recent week and take on nine new trainees.
ExxonMobil announces £5.2million grant to help tackle malaria
US oil major ExxonMobil has pledged £5.2million in order to help fight malaria.
EDF Energy drops plans to increase turbine size at wind farm
Developers have abandoned plans to extend a controversial wind farm in Moray.
Subsea 7 reaffirms interest in McDermott takeover
UK-based Subsea 7 has restated its interest in acquiring U.S rival McDermott.
Global Energy Group expands operations at Aberdeen Harbour
Global Energy Group (GEG) is setting its sights on winning a bigger share of the subsea oil and gas fabrication market after expanding its operations at Aberdeen Harbour.