Faroe announces significant gas discoveries in Norwegian Sea
Aberdeen-based Faroe Petroleum has announced “significant” gas discoveries in the Norwegian Sea.
North Sea wealth fund would be worth “over £500billion today”, says think tank
A North Sea wealth fund for the UK would be worth over £500billion today had it been established in the 1980s, according to a think tank.
OGA to move ahead with UK-first petroleum database
The Oil and Gas Authority (OGA) is to move ahead with plans for a UK-first database which is “vital” for maximising North Sea recovery.
Opinion: Oil price rally is likely
Oil prices seesawed at the start of the week before jumping close to multi-year highs on geopolitical concerns, with Brent hitting $70 and WTI at $65. However, geopolitical pressure is only able to influence oil prices to such a degree because the market is fundamentally getting tighter.
State of emergency declared in Borneo after oil spill ignites
A state of emergency has been declared in order to help stop the spread of a deadly oil spill off the coast of the island of Borneo.
Ricketts excited to work on Chevron’s ground-breaking Captain project
Kevin Ricketts believes he landed on his feet when he got his new posting at Chevron, not least because he gets to work on a ground-breaking project.
Shell divests offshore block in Palestine
Shell has announced it has reached an agreement to divest its stake in the Gaza Marine license offshore Palestine.
How the electric car started with an inventive Aberdonian
The name Robert Davidson might not mean much, but back in the 1830s the Aberdonian inventor proved himself to be somewhat ahead of his time.
OPEC output falls to lowest in a year as Venezuela’s woes deepen
OPEC crude production dropped to the lowest in a year amid the woes in Venezuela’s oil industry.
Four gas pipeline data systems shut down as cyberattack hits
Four U.S. pipeline companies have reported their electronic systems for communicating with customers were shut down over the last few days, with three confirming it resulted from a cyberattack.
SSE invites community bids for £600,000 Beatrice wind farm fund
Energy giant SSE is offering £600,000 to community projects in the Highlands and Moray in the latest distribution of cash from the £3million “partnership” fund associated with its development of the Beatrice offshore windfarm.
PwC in virtual reality roll-out
A professional services firm’s virtual reality (VR) “experience” that was piloted in Scotland’s oil and gas sector, among other industries, is to be rolled out to clients across the UK.Showcased as part of PwC’s Oil and Gas Technology Roadshow late last year, the technology is being used to highlight potential “disruptors” and give companies a better idea of workplace organisational planning.
Shops paying heavy toll for Aberdeen bus strikes
Aberdeen retailers have reported a dramatic fall in customer numbers – of up to 50% – during recent bus strikes in the city.
Well-Centric seeks expansion in US, Middle East and Asia
Aberdeen energy services firm Well-Centric has appointed a new business development manager to drive international expansion.
Harbour Energy seeks Santos growth with $10.3 billion offer
Harbour Energy Ltd. Chief Executive Officer Linda Cook said she would seek to expand Santos Ltd. in Asia and Africa after making a A$13.5 billion ($10.3 billion) offer for Australia’s third-largest energy producer.
Savannah Petroleum spuds well in Niger
Africa-focussed explorer Savannah Petroleum has spudded the first of its three-well drilling campaign.
Petrofac secures £165million contract for Raageshwari deep gas project
Petrofac has won a $233million (£165million) engineering, procurement and construction deal for the second phase Vedanta Resources’ Raageshwari Deep Gas Field Development Project.
Shell picks Rowan Viking for Goldeneye P&A programme
The Rowan Viking drilling rig has been selected for a plugging and abandonment programme for Shell’s Goldeneye platform in the Central North Sea.
Statoil hands out range of drilling contracts worth NOK 12billion
Statoil has awarded a range of drilling contracts worth NOK 12 billion (£1billion) for 18 platforms on the Norwegian continental shelf.
Shell completes sale of North Sabah interest
Shell has completed the sale of its 50% working interest in the North Sabah Enhanced Oil Recovery Production Sharing Contract (PSC) to Malaysia’s Hibiscus Petroleum.
NHS forced to apologise after oil worker left paralysed after surgery
NHS Grampian has been forced to apologise to the family of a man who was left paralysed after care he received was found to be “unacceptable”.
Hydrasun wins £355K contract for West Nile Delta project
Aberdeen-based oilfield service company Hydrasun has won a contract worth £355,000 for work on Egypt’s West Nile Delta project.
Pinsent Masons to mentor TechX Pioneers
Legal firm Pinsent Masons has been appointed to help mentor the ten start-ups selected for the Oil and Gas Technology Centre’s TechX programme.
Cyber attack to key U.S. pipe communications system overcome
A cyber attack that hobbled the electronic communication system used by a major U.S. pipeline network has been overcome.
OPINION: Unite boss tell former MSP to ‘hold head in shame’ over Super Puma claims
This article is in response to an opinion piece written by former Conservative MSP, Brian Monteith.