Billionaire Sir Ian Wood backs ‘uniquely positioned’ north east for green freeport
Billionaire Sir Ian Wood has led a pledge of “unwavering support” for a bid to win green freeport status in the north east.
Aberdeenshire energy services firm Aubin Group now under Italian ownership
North-east energy services firm Aubin Group is now under Italian ownership following a sale by its previous shareholders.
Baron Oil says outlook ‘transformed’ for Dunrobin project in UK North Sea
Baron Oil (AIM: BOIL) has said economics on its Dunrobin project in the North Sea have been “transformed” with the surge in commodity prices and new UK Government policies.
Saipem lands Middle East contracts worth $1.2 billion
Saipem (MI: SPM) has been awarded several contracts, onshore and offshore, in the Middle East worth around $1.2 billion.
Petrofac looks ahead to ‘multi-year upcycle’ but headwinds deal a blow to E&C
Petrofac (LON: PFC) has said it is in position to benefit from a “multi-year upcycle” ahead for the oil and gas industry, but headwinds continue to hit its E&C division.
Toxic gas leak in Jordan kills 13 and injures hundreds
At least 13 people have been killed and hundreds of others are reported injured following a toxic gas leak from a storage tank in Jordan.
Oil worker travels the world with a suitcase full of butteries
A career in oil and gas has seen Gary Maitland live all over the world.
Borr Drilling sells three jackup rigs for $320m
Borr Drilling (NYSE: BORR) has signed a deal to sell three jackup oil rigs for $320 million.
Equinor condemns ‘act of hate’ Oslo shooting
Norway’s state-run oil company Equinor has condemned a fatal shooting at an LGBTQ+ venue in Oslo.
UK Government to relax gas quality rules to boost North Sea supply
Kwasi Kwarteng is looking at relaxing gas quality rules for UK pipelines so North Sea supply can help beat the energy crisis.
Aberdeenshire designer creates children’s clothes range inspired by North Sea oil and gas
The North Sea has provided the inspiration for a new clothes range for children launched by Banchory-based business Taffy Tots.
Future of Piper Alpha memorial gardens to be discussed by city councillors
The future of the gardens containing the Piper Alpha memorial is to be discussed at a full Aberdeen city council meeting on Wednesday.
Noble and Maersk sell North Sea rigs in $375m deal, paving way for merger
Noble Corporation (NYSE: NBL) and Maersk Drilling (CPH: DRLCO) have signed a $375m deal to sell-off several North Sea rigs to Shelf Drilling, in a move which could address competition concerns.
Oil industry says ‘ball is in the Chancellor’s court’ after meeting Sunak in Aberdeen
Oil industry leaders have said the “ball is in the Chancellor’s court” to now address their concerns ahead of key windfall tax legislation being published next month.
Former Premier Oil UK boss Robin Allan joins Hurricane Energy
Robin Allan, the former UK North Sea boss at Premier Oil, has joined the board of West of Shetland operator Hurricane Energy (LON: HUR).
Seadrill lands trio of rig contracts worth $361 million
Seadrill (XOAS: SDRL) has been awarded a series of contract extensions for a trio of oil rigs in the Arabian Gulf.
Market Wrap: Recession concerns push oil lower and whipsaw stocks
Treasuries held a rally and oil slid Thursday as investors parsed the economic outlook after Federal Reserve Chair Jerome Powell acknowledged the risk of a recession.
Drone strike hits Russia oil refinery near Ukraine
A drone strike caused a fire at a refinery in south-west Russia near the border with Ukraine - but no one was hurt and the blaze was contained quickly, officials said.
Electric Hydrogen startup raises $198 million for plants to produce green fuel
Electric Hydrogen, a startup aiming to slash the cost of green hydrogen by offering pre-designed manufacturing facilities, raised $198 million in a series B funding round, as investors bet on a future powered by the climate-friendly fuel.
Ithaca warned by HSE for years-late safety checks and ‘crack’ in Alba cargo tank
Ithaca Energy has received a warning from the safety watchdog after being caught with several years-late integrity checks on its Alba oil storage vessel and a crack in a cargo tank.
Oil bosses seek windfall tax guarantees from Rishi Sunak in high-power Aberdeen meeting
Oil and gas industry executives will seek clarity on three key points from Chancellor Rishi Sunak in a high-level meeting about the windfall tax in Aberdeen on Thursday.
Bureau Veritas wins multimillion-pound deal to support dozens of Shell UK platforms
Verification agency Bureau Veritas (EPA: BVI) has won a multimillion-pound deal to support dozens of Shell platforms in the UK.
Ukraine missiles strike three Black Sea gas rigs
Ukraine has launched missiles against three gas rigs in the Black Sea, according to Russian officials, south of Odessa.
Production vessel arrives at Shell Pierce field for North Sea gas project
The vessel which will produce Pierce, a new North Sea gas redevelopment project for Shell (LON: SHEL) , has arrived at the field in the UK.
Interview: New CEO at Wood Ken Gilmartin feels like he’s ‘coming home’
Irish businessman Ken Gilmartin flew into Aberdeen to start house-hunting this week after being unveiled as the next CEO of Wood (LON: WG).