Cromarty Firth oil rig arrives in Turkey for legal scrapping
An oil rig which was laid up in the Cromarty Firth for years over fears it would be sent to an illegal shipbreaking beach overseas has now arrived in Turkey to be scrapped legally.
An oil rig which was laid up in the Cromarty Firth for years over fears it would be sent to an illegal shipbreaking beach overseas has now arrived in Turkey to be scrapped legally.
A “bazooka” of oil from the US reserve, lockdowns in China and a “surprising durability” of production in Russia are preventing Brent Crude oil from hitting $200 a barrel.
Residents in a small village less than a mile from where the Foinaven FPSO is laid up have expressed climate concerns as plumes of black smoke have been seen emanating from it.
It could soon cost half a million dollars a day to hire an offshore rig, according to executives in the industry, in a stunning turnaround for day rates since Covid.
Aberdeen’s oil and gas chaplain has paid a poignant tribute to the Queen, reflecting on his own time serving Her Majesty and her care for those working offshore.
Earlier this month, energy leaders from across the world descended on Stavanger, Norway, for the annual Offshore Northern Seas (ONS) conference.
Equinor and Soliton Resources will drill an exploration prospect targeting up to 100 million barrels of oil equivalent in the UK North Sea.
Dozens of companies have applied for acreage in the latest oil and gas exploration round in Norway, though it is the lowest figure in recent years.
Experts have said the UK North Sea is the “highest risk” location in the world for legal disputes to erupt in the oil and gas sector.
Liz Truss’ energy plan is a “sticking plaster”, an expert has said, with more focus needed to decouple gas from electricity generation prices.
i3 Energy (LON: I3E) has said it will drill its “company-maker” Serenity appraisal well this month.
A man has been rescued from the North Sea – nearly two hours after he went overboard from a ship near a Shell gas platform in the UK.
With some of the cheapest solar and wind costs in Asia Pacific, as well as virtually unlimited land resources, Australia has great potential to be a leading exporter of green hydrogen.
Interesting as it is to ponder flying or subsea drones, or even walking past a robot on an offshore platform, the future of the North Sea is just as much about strides in data and digitalisation.
The majority of UK North Sea assets are being dismantled in Britain, new figures have revealed amid concerns of overseas yards winning decommissioning work.
Figures from the energy industry have added their voice to mourners around the world following the death of the Queen.
With gas prices now more than five times the cost of a barrel of North Sea benchmark Brent Blend, the outlook for energy across Europe including the UK, is shocking.
I spent nearly ten very happy and rewarding years working offshore with a great bunch of people operating deep water manned submersibles and ROVs mainly in the N Sea.
Financing next-generation solutions will drive significant carbon reductions for the decades ahead, writes sustainable energy investor EV Private Equity Senior Partner and Impact Lead, Einar Gamman, and Lars Sund, Associate.
The Queen has died at the age of 96.
Aberdeen-headquartered energy services firm EnerMech has said it will create around 170 jobs with the launch of its first facility in Ireland.
UAE-based fabrication firm Lamprell has signed a contract worth between £100m - £200m for the Moray West windfarm off Scotland.
Liz Truss is to unveil a new swathe of North Sea licences, according to a news report, in an effort to boost domestic oil and gas production.
A North Sea decommissioning firm has thrown a rare piece of public criticism up the supply chain towards the owners of the Foinaven FPSO and oilfield.
Oil-related supply boats have largely been pushed to the back of the new offshore support vessels orders book as global energy priorities change, driven by climate change.