Well-Safe unveils Spirit Energy as first contract for Defender rig
Well-Safe Solutions has named Spirit Energy as the operator for its inaugural contract for its new Defender rig in the North Sea.
UK inflation hits double digits for the first time in 40 years
UK inflation rose more than expected last month to the highest in 40 years, intensifying a squeeze on consumers and adding to pressure for action from the government and Bank of England.
Sunak rules out freezing UK energy price cap as Truss holds back
Rishi Sunak has ruled out freezing the UK’s energy price cap if he becomes prime minister, while his rival Liz Truss warned against “throwing money” at a short-term fix for the looming winter bills crisis.
5 things you need to know about the next prime minister after Perth Hustings
Rishi Sunak and Liz Truss set out their plans to halt another independence referendum, but clashed over competing Tory policies to sort out a cost-of-living crisis.
New report says green jobs growth strongest in Scotland but skills gap threatens north-east ‘hub’ hope
The pace of growth in “green” jobs is faster in Scotland than elsewhere in the UK but any failure to invest in skills may threaten energy transition employment opportunities north of the border, a new report warns.
Sanjoy Sen: Next PM should ensure Britain can withstand future energy shocks
You know what they say? Be careful what you wish for.
Poll: Majority of Scots back North Sea industry ahead of aspiring PMs visit north east
A vast majority of Scots say they are in favour of the UK producing its own oil and gas rather than relying upon imports from overseas, according to a poll published as the two who are competing to be elected the UK’s next Prime Minister come to Scotland.
Centrica aiming to reopen Rough gas storage at start of September
Centrica is aiming to start filling up the Rough gas storage facility in "little more than a fortnight".
Next PM urged to shut down windfall tax ‘speculation’ as candidates visit north-east Scotland
The next Prime Minister has been urged to back the energy sector and shut down windfall tax "speculation" as Liz Truss and Rishi Sunak visit North-east Scotland today.
Welcome to ‘Musk City’: Tech duo create tongue-in-cheek video as billionaire heads to Norway
Dogecoin currency, EVs abound and an Elon Musk bust? Whether that sounds like a utopia or hell on earth, you've got to give them points for effort...
Updated: No impact to employees as Altera Infrastructure announces Chapter 11 bankruptcy
Aberdeen-headquartered Altera Infrastructure (NYSE: ALIN-A) has said there will be no impact on its operations or employees as it enters a Chapter 11 bankruptcy process.
Oil giant Saudi Aramco breaks records with whopping profits of $48.4 billion
Saudi Aramco (Taduwul: SAR) posted the biggest quarterly adjusted profits of any listed company globally driven by high crude prices and production.
Scottish Power: Govt must double family support over energy bills
The Government was right to support the people of Ukraine, but must now step up and support Britons through the cost-of-living crisis the conflict there has stoked, one of the country's top energy bosses has said.
Labour proposes extending windfall tax on oil and gas firms
Labour has proposed extending Britain’s windfall tax on oil and gas companies, saying the proceeds should be used to fund a total freeze on energy bills over the winter.
Clyde outfit says it is ‘ideal location’ for decommissioning of Foinaven FPSO
A decommissioning base on the Clyde has said it is the "ideal location" for break-up of the Foinaven FPSO amid concerns the UK could miss out on the work.
Neptune Energy sees windfall tax threatening investment
Neptune Energy CEO Pete Jones has warned that the UK’s windfall tax on oil and gas profits will threaten long-term investment in the sector, but have limited impact on the firm itself.
Tailwind says NSTA regulator is reason why it had to give up North Sea discovery
Tailwind Energy has said the North Sea regulator, the NSTA, is the reason why it has had to give up an untapped discovery in the UK.
‘Thousands’ to stage week of protests against Shell Jackdaw field
Activists have said “thousands of people” will take part in a planned week of protests this month against development of the Shell (LON:Shell) Jackdaw project in the North Sea.
Taqa toasts £1.1 billion profits as oil and gas prices surge
Abu Dhabi state energy firm Taqa toasted a 54% surge in profits for the first half of 2022 amid an oil and gas price windfall.
Diamond Offshore lands $610m contracts including UK gig for Ocean GreatWhite
Diamond Offshore (NYSE: DO) has been awarded $610 million of new contracts, with a new gig in the UK North Sea for the Ocean GreatWhite.
Baker Hughes: Strikes still going ahead at Montrose despite new deal
Strikes are still on the cards at Montrose despite Baker Hughes (NASDAQ: BKR) making a new deal for workers.
Gallery: ‘End of an era’ as Foinaven FPSO arrives at Hunterston from BP oilfield
The former production ship for a BP (LON:BP) oilfield in the West of Shetland has arrived at Hunterston for partial decommissioning.
Dron & Dickson secures major long-term contracts
Specialist integrated Electrical Engineering and Distribution company, Dron & Dickson has been awarded a number of high-profile contracts demonstrating its continued growth trajectory.
International SOS: Business travel considerations
As travel – both business and leisure – begins to increase following the pandemic, unfortunately the stresses involved are also increasing. Planning a trip, which used to be easy, is now much more complex.
Top 5 mistakes in IR35 mock audits
HMRC is actively investigating IR35 compliance in the oil and gas sector. Although it’ll be a little while before we potentially see the outcome of these investigations in the courts, now is the time for energy businesses to review their approach and stress test their solutions so they can be confident should HMRC investigate.