What comes first, the carrot or the stick?
The Huddersfield born Labour prime minister Harold Wilson famously coined the phrase “A week is a long time in politics”. Recent events in Westminster certainly bear that out.
New deal to connect ‘thousands of suppliers’ for North Sea tech boost
A new contract has been dished out by the NSTA to connect thousands of tech suppliers to North Sea operators.
Video: Port of Aberdeen bosses confident the harbour’s £400m expansion will complete on time
Port of Aberdeen bosses have hailed progress on the UK’s biggest marine infrastructure project.
Port of Cromarty Firth £150m expansion to create ‘thousands of jobs’
Port of Cromarty Firth (PoCF) has unveiled an ambitious £150 million plan to double the size of its existing capacity in a bid to meet a huge rise in renewable energy needs and create “thousands of jobs.”
UK to ban services allowing shipments of oil from Russia
The UK is pressing ahead with legislation to prevent its services being used to allow shipments of oil from Russia internationally.
Well-slot: Two active exploration wells in Norway
As of 27 October, Westwood Global Energy reports that there are two exploration wells active, one in the Northern North Sea and one in the Norwegian Sea. Since the previous report, one exploration well program has completed.
UK well-slot: Could Orlov be a hero for Shell?
As of 27 October, Westwood Global Energy reports that there are three exploration wells active, with one in the CNS and two in the NNS. One appraisal well is currently active in the CNS. One well completed at Serenity.
‘The OIL Machine’: Film on North Sea industry to hit cinemas ahead of COP27
A film spotlighting the “economic, historical and emotional entanglement” of the North Sea oil and gas industry will hit UK cinemas today (Nov 4) – days before COP27.
Scotland’s Flotation Energy taken over by Japanese utility giant TEPCO
Edinburgh-headquartered Flotation Energy has been acquired by Japanese utilities giant Tokyo Electric Power Company (TEPCO).
Ithaca Energy eyes valuation of up to £3.1 billion
Ithaca Energy, one of the North Sea's largest producers, could command a market valuation of up to £3.1 billion when it trades publicly next week.
North-east economy cannot rely on the price of oil forever, warns SNP government minister
Anxious oil and gas workers do not have to fear the “taps being turned” off but the region cannot rely on oil forever, a Scottish Government minister said before a major skills summit in Aberdeen.
Hurricane Energy launches sales process after ‘unsolicited offer’
UK-listed Hurricane Energy (LON: HUR) has launched a competitive sales process for its business.
BP assessing opportunities in North Sea and beyond amid supply chain constraints
The top finance boss at BP (LON: BP) said the firm is assessing the best oil and gas opportunities in its global portfolio for next year, but said the firm “won’t ramp up” without a secure supply chain.
‘Windfall tax, windfall tax, windfall tax’: How Twitter is reacting to BP profits
Social media platform Twitter is ablaze with reactions and hot takes on the profits announcement of energy giant BP (LON: BP)...and they're all pretty much calling for the same thing.
BP to pay $2.5 billion in North Sea taxes as Q3 profits surge
BP (LON: BP) has said it will pay $2.5 billion (£2.1bn) in tax during 2022 for its UK North Sea business as it reports a whopping surge in profits for Q3.
Drilling firm Dolphin eyes ‘$10bn of UK North Sea project sanctions in 2023’
Aberdeen-headquartered Dolphin Drilling (OL: DDRIL) has given a bullish outlook to its shareholders, highlighting that it expects UK North Sea project sanctions to exceed $10bn in 2023.
New UK boss for Aberdeen-based Asco as global logistics giant focuses on energy transition
Global logistics firm Asco has named a successor to UK managing director Glenn Hurren following his decision to retire.
Aberdeen Gallery given special training after oil protestor art attacks
A series of art attacks from Just Stop Oil and other climate activists have seen Aberdeen Art Gallery staff be given special training.
Reabold to farm into Shell North Sea licence near Pensacola target
Reabold Resources (LON: RBD) has announced plans to farm-in to a Shell North Sea licence near the hotly-tipped Pensacola prospect to be drilled next month.
UK Govt mulls windfall tax extension as figures show 700% increase in payments
Chancellor Jeremy Hunt is considering an expansion of the North Sea windfall tax - despite figures showing a near-700% increase in payments over the last year.
Scotland’s lack of renewables workers? Blame baby boomers
Ahead of a skills summit in Aberdeen this week, employment experts have assessed why Scotland and the wider UK has woes around attracting enough workers in renewable energy.
Pressure mounts on Sunak to u-turn on COP27 snub
Prime Minister Rishi Sunak heads into his first full week in office with pressure mounting over his COP27 snub and reappointment of Suella Braverman as Home Secretary.
Sturgeon to attend COP27 as Sunak to miss climate summit
Nicola Sturgeon will attend COP27 in Egypt, the Scottish Government has announced hours after the Prime Minister said he will not travel to the event.
CNOOC comments on potential sale of North Sea assets
One of the top bosses at China’s CNOOC has refused to rule out a sale of its North Sea assets amid mounting speculation on its UK portfolio.
NSTA investigation launched as oil firm suspected of licence breach
An investigation has been launched into whether a North Sea operator has reneged on its licence commitments after failing to drill a well.