Aker Solutions enters into data collaboration deal with Cognite
Aker Solutions has entered into a collaboration with software company Cognite for use of digital technology to make offshore assets more efficient.
Ineos denies flaring from Grangemouth site following environmental concerns
Ineos has denied claims from Scotland’s environmental watchdog that it carried out flaring at its oil and gas refinery site in Grangemouth.
North Korean vessel spotted in suspected illegal oil transfer
Authorities in Japan have accused a North Korean ship of breaching UN sanctions through illegal transfer of oil.
BP announces Ariel Flores as new North Sea head
BP has announced Ariel Flores as the new regional president for BP North Sea.
Audit finds issues with safe plugging of wells in Statoil’s Kvitebjørn field
Norway’s offshore safety watchdog has found two issues with the safe plugging of wells in Statoil’s Kvitebjørn field.
Five killed in shipyard blast in southern India
Five people have been killed in a blast at a shipyard in southern India.
TMC contracted to equip Subsea 7 vessel
Oslo-headquartered TMC Compressors has been hired to deliver a marine air system for a reel lay vessel being built by Royal IHC for Subsea 7.
New software to improve safety on Norwegian Goliat field
Oil and gas technology specialists Eigen are working on new software to improve safety on an offshore Norwegian field.
America set to become world’s largest oil producer according to new report
The United States is set to become the world’s largest oil producer, according to a new report from the International Energy Agency (IEA).
Stena Drilling awarded North Sea contract with Nexen
Aberdeen-based Stena Drilling has announced it has entered into a contract with Nexen for to operate its North Sea Stena Spey platform.
Kvaerner unveils plans for new quay at Stord
Norwegian firm Kvaerner has announced plans to invest 370 NOK (£33.8million) in a major extension to its quay site in Stord.
40 KCA Deutag workers at risk of redundancy
KCA Deutag has confirmed that 40 of its North Sea workers are at risk of being made redundant.
Aker Solutions wins modules contract for Johan Castberg
Statoil’s Aberdeen offices sold for £18.7m
The Aberdeen offices of Norwegian energy giant Statoil have been sold for £18.7million.
Faroe Petroleum announced 20% increase in reserves
Aberdeen-based Faroe Petroleum has announced a 20% increase in reserves during an operational update for 2018.
Statoil awards Kvaerner 3.8billion NOK construction contract for Johan Castberg FPSO
Energy giant Statoil has awarded Norwegian engineering firm Kvaerner a 3.8billion NOK contract for construction and installation of the floating production, storage and offloading (FPSO) vessel to be used in the Johan Castberg field.
Chinese heavy lifter departs Moray Firth empty handed
A Chinese heavy lift transport ship which was booked to remove a rig from the Cromarty Firth has sailed away empty handed.
Venezuela’s oil output crash is costly for U.S. refiners
U.S. production is at an all-time high, while output from the Latin American nation, despite a modest increase in January, is in decline. As a result, U.S. crude’s typical premium to heavy Venezuelan oil shrank to as small as 31 cents a barrel Friday, the narrowest since October.
A powerful mix of solar and batteries is beating natural gas
Natural gas is getting edged out of power markets across the U.S. by two energy sources that, together, are proving to be an unbeatable mix: solar and batteries.
Major hotel operator expects to thrive as Aberdeen economy emerges from downturn
One of the world’s largest hotel operators is confident its new operation in the heart of Aberdeen will thrive as the local economy emerges from its recent downturn.
Umbilicals International chief targeting North Sea contracts with new flagship facility
The head of Umbilicals International (UI), which is part of Seanamic Group, hopes the recent opening of a new flagship facility in Texas will help its efforts to land fresh contracts in the North Sea.
BP to spend over $1billion in Egypt in 2018
BP is to spend over $1billion (£724million) in Egypt this year, chief executive Bob Dudley has told Reuters.
Aberdeen airport reports strong start to year but helicopter business continues to decline
Aberdeen International Airport (AIA) has reported a strong start to the year after a 6.4% increase in passenger numbers.
Diamond Offshore reveals new North Sea contract in Q4 results
Houston-based Diamond Offshore (DO) has announced a new North Sea contract in its Q4 results.
Largest ever response to exercise simulating global oil supply disruption
The International Energy Agency (IEA) says it has had the widest ever response to an exercise to simulate a global oil supply disruption.