UK energy suppliers must pass on benefit of falling costs – Shapps
British energy suppliers must pass on the benefit of falling wholesale energy costs to consumers in the form of cheaper tariffs, according to a senior government minister.
Egdon buys Aberdeen-based onshore oil firm Aurora
Egdon Resources (LON: EDR) has acquired Aberdeen based onshore oil firm Aurora Production.
‘Never say never’: Chevron boss doesn’t rule out oil major consolidation
Chevron (NYSE: CVX) CEO Mike Wirth has not ruled out consolidation among oil majors, but said it would not be easy to carry out.
Deal: Viaro acquires West of Shetland player Spark Exploration
Viaro Energy has continued its North Sea acquisition run with the takeover of Spark Exploration, giving it a hopper of West of Shetland targets.
Oil shipbuilding giant created as Sembcorp acquires rival Keppel in $3.3bn deal
Sembcorp Marine has acquired rival Keppel Offshore and Marine, creating a giant in the oil and gas and renewables shipbuilding industry.
BP ends publication of World Energy Review after 70 years
BP (LON: BP) has decided to end the publication of its statistical review of world energy after 70 years.
Shell explored leaving Europe for US headquarters – report
Shell (LON: SHEL) considered moving its headquarters out of Europe and into the US, in a major blow to the City of London.
Windfall Tax: Over 90% of North Sea producers have cut spending
“When you read about companies not investing, those are real people that are losing their jobs, that is hundreds of jobs being lost,” said OEUK chief David Whitehouse.
Aberdeen oil rig to kick off work with BP in May
A huge oil rig docked in Aberdeen will kick off work for oil giant BP in May, according to new contract details.
North Sea newcomer Hartshead Resources names former Perenco boss as COO
North Sea newcomer Hartshead Resources (ASX: HHR) has named a former Perenco and Ineos boss as its new chief operating officer (COO).
Warning that ‘loss making’ offshore wind contracts will see suppliers shift to oil
A wave of "unprofitable" offshore wind contracts could see firms focus instead on cash-rich oil and gas, the chief of a marine industry body has warned.
Pictures: Storm Otto helicopter towed through Aberdeen after blades snap
Onlookers in Aberdeen were treated to an unusual sight this week as a helicopter, whose blades were snapped during Storm Otto, was towed through the city.
Aberdeenshire oilfield services firm goes bust – with 29 jobs axed
Ramco Tubular Services (RTS) has collapsed into administration, with all 29 workers at its headquarters in Portlethen, near Aberdeen, made redundant.
Sinclair Bay Subsea under new ownership after MacGregor family takeover
Sinclair Bay Subsea (SBS), of Wick, has a new owner and additional premises in Aberdeen following its sale to a son of Highland businessman Roy MacGregor.
Hartshead launches contractor race for new North Sea platform and jacket
Hartshead Resources (ASX: HHR) has fired the starting gun on a contractor race for a new UK North Sea platform and jacket.
Saipem and Seaway 7 in offshore wind team-up
Contractors Saipem (MI: SPI) and Seaway 7 (OSLO: SEAW7) have announced a team-up on offshore wind projects.
Bullets and bombs to oil and gas: Aberdeen energy boss launches leadership book
All profits from “The Little Book of Leadership” are going to the Macmillan Cancer Support charity.
Ping Petroleum decries windfall tax and ‘out of alignment’ regulators
North Sea minnow Ping Petroleum has criticised the UK government's windfall tax and decried "out of alignment" regulators overseeing the industry.
Centrica: Rough gas storage could run for 40 more years through fresh investment
Centrica has said it could keep its Rough gas storage field running for 40 more years through fresh investment.
Apache slams UK windfall tax as it cancels North Sea drilling contract
Apache has hit out at the North Sea windfall tax for making the sector “less competitive” as it cancels a drilling contract in the UK sector.
Hot on Shell discovery, Deltic seeks partners on next North Sea target
Hot on the heels of the largest discovery in a decade for the Southern sector, Deltic Energy (LON: DELT) is seeking partners of its next North Sea prospect.
Worker’s arm amputated after being crushed on North Sea oil rig
A worker could have been killed, safety inspectors have said, after his arm was crushed and later amputated following an incident on a North Sea oil rig.
UK North Sea braces for $25bn cash flow crash
Inflation, rig rates and the windfall tax will hit 40 companies over the next five years – some of that cash would otherwise go to areas like safety and decarbonisation.
Odfjell Drilling eyes ‘exciting tenders’ in West of Shetland
And would they bring a rig to Aberdeen? “Yeah,” says CEO Kjetil Gjersdal.
Video shows view from the top of huge Aberdeen oil rig
A worker scaled the Noble Innovator, providing sweeping views of Aberdeen from the 200-metre jackup legs.