New Petrofac CEO Kawash formally takes over
The new CEO of Petrofac (LON: PFC) has formally taken the top job today.
Baker Hughes and Ocean Installer in global contracts team-up
Baker Hughes (NASDAQ: BKR) and Ocean Installer have announced a global contracts team-up.
Apache marks 20 years since taking over Forties field
Apache has marked two decades of ownership of the giant Forties field in the North Sea.
Gas should be taxed more than electric, UK energy secretary says
Britain should place higher taxes on natural gas than power to spur the country’s shift to a low-carbon economy, according to UK energy secretary Grant Shapps.
Exclusive: BP eyes third phase of Clair oil giant
BP (LON: BP) is looking to the next phase of its giant Clair oilfield in the west of Shetland, with a key final investment decision (FID) hoped to be reached next year.
UK must turbocharge offshore energy investment, says OEUK
Picture this: It’s 2050, the UK relies on other countries for all its oil and gas supplies. Our associated emissions have skyrocketed because of our reliance on higher carbon imported energy and LNG.
OPEC+ makes shock million-barrel oil production cut causing new inflation risk
OPEC+ announced a surprise oil production cut of more than 1 million barrels a day, abandoning previous assurances that it would hold supply steady and posing a new risk for the global economy.
Green hydrogen funding unveiled for clutch of North Scotland projects
Funding for a 3GW hydrogen production site in Kintore, alongside projects to decarbonise Highland transport and whisky, has been unveiled.
Energy Security Day: Acorn CCS ‘leading contender’ for Track 2 funding, says UK Gov
The Acorn Carbon Capture and Storage (CCS) project in Aberdeenshire is a “leading contender” for development in a newly-launched funding round, the UK Government said today.
‘Something has to happen’: North Sea months away from offshore wind-decom clash
Dozens of platforms and substructures are to be removed in 2024 - while 16 windfarms are forecast to be installed; an unprecedented level of activity.
North Sea deals ‘jeapordised’ over joint venture problems
The NSTA is proposing new rules to streamline industry deals and boost energy security.
Dutch shipyard Damen wins huge UK wind farm boats order with Purus
UK offshore wind services provider Purus Wind has handed a major contract to Damen Shipyards for the build and delivery of eight new vessels.
Wood losses quadruple in 2022 amid ‘transformative year’ reset
"We have not delivered for our shareholders in recent years," conceded the energy services giant.
Miliband fears ‘boulevard of broken dreams’ from UK Gov ‘Green Day’ plans
The UK Gov announcement - currently slated to take place in Aberdeen, though that could change - is expected to include plans on CCS and the windfall tax.
Perenco oil spill ‘potentially catastrophic’ says Dorset MP
The MP for South Dorset said a Perenco oil spill in the area is "potentially catastrophic" but added he had received assurances that it is "not as serious as first thought".
Oil boss calls on Humza Yousaf for ‘balanced approach’ to protect jobs
Scotland now has a new First Minister and, as ever in politics, there is a bulging in tray for Humza Yousaf as he prepares to lead the country through a period of significant economic challenge.
AFBE-UK bolsters advisory board with BP and Celestia appointments
Diversity and inclusion group AFBE-UK has bolstered its advisory board with new appointments.
‘Disaster waiting to happen’: Shadow tankers carrying Russian oil pose environmental danger
The oil tanker Turba normally should have been melted down by now.
‘Alarm bells are ringing’: Wind industry growth drops to lowest in three years
Wind power industry growth dropped to the lowest in three years in 2022, hit by rising costs and shifting government policies.
Major incident declared after oil leak from Perenco field in Dorset
Oil from the UK's largest onshore oil field has leaked into the water in Dorset, leading to a major incident being declared.
Dozens of Worley workers go for strikes on Harbour Energy platforms
Dozens of workers for energy services giant Worley (ASX: WOR) have voted for strikes on Harbour Energy (LON: HBR) North Sea platforms.
‘Rebuilding confidence’: UK Gov expected to make windfall tax and CCS announcement in Aberdeen
"Energy security day" expected to include a revamped net zero strategy - though the venue of Aberdeen could change.
Capricorn Energy to slash 120 UK jobs
Capricorn Energy (LON: CNE) has announced job cuts which will see around 120 of its UK employees made redundant as it focuses its attentions on Africa.
Neptune Energy pushes on with $5billion sale as Eni cools
Neptune Energy is moving ahead with plans for a sale after talks about a takeover by Italian energy group Eni (MI: ENI) cooled, people with knowledge of the matter said.
Port of Aberdeen hits 100 vessel milestone for offshore wind
More than 100 vessels working in offshore wind have now passed into the Port of Aberdeen so far this year.