Oil and gas firm secures North Sea contracts worth up to £10 million
An oil and gas company has secured contracts worth up to £10 million for drilling operations in the North Sea.
Report: Nigerian firm takes Shell to court of arbitration
A Nigerian oil firm has mounted legal action against Shell, according to a news report.
Shell pays out £41billion to governments globally in 2017
Energy giant Shell says it made payments of £41.8billion to governments around the world in 2017.
Cyberattack `wake-up call’ puts pipeline industry in hot seat
A cyberattack that U.S. natural gas pipeline owners weren’t required to report has lawmakers taking a closer look at how the industry is handling such threats, raising the prospect of tighter regulation.
Faroe should be braced for DNO takeover, says analyst
Faroe Petroleum should be braced for a takeover from Norway’s DNO, according to a leading analyst.
BP aims to grow technology with incubator experiment
The Oil and Gas Technology Centre (OGTC) has announced the 10 start-ups for its TechX pioneer programme, which it believes will “transform” the future of the industry on a global scale.
Woodmac predicts 30 major upstream projects to be sanctioned in 2018
Analysts Wood Mackenzie say around 30 major oil and gas projects are expected to reach final investment decisions (FIDs) this year.
3D printing could land sector a “product revolution”
Two major new centres for the development of high-end 3D printing are being established, by DNV GL in Singapore and Siemens in the UK.
Strides in robotics taking the pressure off vessel inspection
The use of robotics to inspect dangerous pressure vessels could save the energy industry more than £240million per year.
Safeguarding the supply chain
The Oil and Gas Authority (OGA) in January started the roll-out of new measures to ensure operators better engage the supply chain in future projects.
OPINION: Why robust digital IP is more important than ever for the oil and gas industry
Digitisation and data are undoubtedly driving transformative change throughout the oil and gas industry, providing UK companies with a world of opportunities for further innovation and growth.
KD Marine makes seven-figure investment in diving fleet
Aberdeen-based KD Marine has made a seven-figure investment in its offshore sector diving fleet.
OPINION: Let the (renewable) games begin
Not many days ago, the International Renewable Energy Agency (Irena) put out a statement saying that it is going to “help deliver” a low carbon Winter Olympics in China in 2022.
Statoil hands out contracts worth over £1billion for Johan Sverdrup phase 2
Statoil has signed letters of intent with Aibel as well as an Aker Solutions-Kvaerner joint venture for work on phase two of its massive Johan Sverdrup development.
DNO increases stake in Faroe to 27%
Norway’s DNO has purchased more shares of Aberdeen-based oil explorer Faroe Petroleum.
North Sea technology spending has dropped by over £100million since oil crash, says OGA
The amount of money being spent by North Sea operators on research for new technologies has dropped by 36% since the oil price crash.
Gender pay gap: Equally qualified women “should get job before men”
Equally-qualified women should be promoted above men, a leading north-east lawyer said last night as the deadline loomed for gender pay-gap declarations.
Awilco hit with HSE notice after worker injured on North Sea platform
Aberdeen-based Awilco Drilling has been hit with an improvement notice from the health and safety executive (HSE) after a crewmember was injured on a North Sea platform.
Managing change all in a day’s work for ICR’s Bayliss
Bill Bayliss knows a thing or two about change.
Pertamina admits it is responsible for Borneo oil spill
Indonesia’s state-owned oil company Pertamina has admitted it is responsible for a deadly oil spill in Borneo.
Stats Group targets Australian expansion with new partnership
Aberdeenshire-based Stats Group is aiming to expand its operations in Australia through a new partnership.
Subsea Technologies move into 3D animation market
Subsea Technologies has moved into the 3D animation market, the Aberdeen firm’s founding co-owner and managing director announced yesterday.
OPINION: ECJ’s Achmea judgement leaves legal questions for Energy Charter Treaty claims
Claims against EU Member States by disappointed energy sector investors have been a major growth industry in recent years. As regular readers will know, Spain alone has faced more than 30 claims under the Energy Charter Treaty (ECT) by investors in its renewables sector who lost out following the government’s abrupt about-turn on generous rewards for solar generation. All these claims – some running to billions of Euros -- have been taken to international arbitration under ECT Article 26. But increasingly the European Commission has challenged the jurisdiction of arbitral tribunals in intra-EU investment disputes – that is, where an EU investor claims against an EU Member State – on the basis that these claims are incompatible with EU law.
MacArtney back in black
Increased turnover and a return to profitability are just the start of an upward growth curve at underwater technology firm MacArtney UK, according to its boss.
DNO takes 15% stake in Faroe in £70million deal
Norwegian oil and gas operator DNO has purchased a 15% stake in Aberdeen-based Faroe Petroleum.