‘Systemic lack of trust’ between oil and gas firms sharing projects
Non-operated stakes in oil and gas projects are on the rise, but a review of the system has highlighted a “systemic lack of trust” between partners.
Tribute paid to Peterhead solar farm worker who suddenly died overnight
Bilbo Solar Farm developer 'profoundly saddened' by the news.
Ray Riddoch: Oil and gas sector must be prepared for looming EU Methane Emissions Regulation
Ray Riddoch OBE, industry expert and Chairman of Sentinel Subsea, is warning the industry to be prepared for the new EU Methane Regulation.
Angela Fletcher named commercial chief at North Sea infrastructure owner NSMP
North Sea Midstream Partners (NSMP), a significant owner of the UK’s offshore energy infrastructure, has named Angela Fletcher as its new chief commercial officer (CCO).
Contract dished out for ‘major maintenance’ on Equinor’s Hywind Scotland
This is the second time in recent months when a Scottish floating wind project has gone overseas for repairs.
Siemens Energy shares surge on recovery signals from wind turbines crisis
Shares in equipment manufacturer Siemens Energy (XETR: ENR) have climbed nearly 15% as a Q1 results announcement showed signs of recovery from a major wind turbine crisis.
‘Massive opportunity’: Plan to create a ‘single Scottish offshore wind cluster’
It comes amid growing calls for a joined-up approach to capture the work for huge projects off Scotland's shores.
Big Three: SLB, Halliburton and Baker Hughes post bumper oilfield services profits
Oilfield services giants Halliburton, SLB and Baker Hughes have posted bumper profits in their respective full-year results, with international demand playing a key role.
Europe’s offshore wind ambitions face huge supply chain challenge
Europe’s offshore wind supply chain faces a herculean effort to build the infrastructure needed to meet the continent’s climate goals.
BP to name Kate Thomson as CFO
Thomson was appointed interim finance chief in September, the first woman to hold the position at BP.
D2Zero: Energy firms combine for £500m decarbonisation powerhouse
Private equity owner SCF Partners is combining Hydrasun, Global E&C, Score Group, Fuel Cell Systems and Powerstar into the decarbonisation platform.
Dozens of workers launch fresh round of Mossmorran strikes
Dozens of contractors are today launching a fresh round of strikes at the Mossmorran Natural Gas Liquids plant in Fife.
Brent oil price climbs to $80 on US-UK airstrikes on Houthi rebels
Oil held gains after the US and UK made a fresh round of strikes against Iran-backed Houthi rebels in Yemen, fanning tensions in the Middle East and offsetting concerns global supplies remain ample.
Ithaca Energy wrote to Humza Yousaf over ‘extremely disappointing’ Rosebank comments
Ithaca Energy criticised the First Minister after remarks late last year.
‘Should they stay or should they go?’ More North Sea exits predicted in 2024
Analyst firm Wood Mackenzie has predicted more firms could exit the UK North Sea in 2024.
Why going it alone means no one wins
IOGP members are committed to eliminating routine flaring in a collective effort on climate action, writes CEO Graham Henley.
Oilfields risk early shutdown under Labour plan, warns EnQuest CEO
EnQuest (LON: ENQ) CEO Amjad Bseisu has blasted Labour’s plan to block new North Sea drilling as “economically senseless”.
Exxon Mobil sues ESG investors to stop climate proposals on ballot
Exxon Mobil is making an aggressive pushback against climate activists who use shareholder voting to influence boardroom strategy.
Aberdeen workers £45,000 worse-off due to stagnating pay packets: research
Research delivers warning to diversify to Europe's oil capital.
Valaris 121: Investigation into missing North Sea rig worker could take years
Tributes have been paid on the first anniversary of the incident today, which took place 100 miles off Aberdeen.
BP pensioners dispute draws the attention of UK lawmakers
About 60,000 BP pensioners have been embroiled in an increasingly public feud since 2022.
A new job, an old sale, a fresh Victory
Murray Auchincloss has been named BP CEO, while Shell has made moves in Nigeria and the Victory field west of Shetland.
Deltic stake in Shell’s Pensacola discovery valued at $200m
An analyst firm has put Deltic Energy’s stake in the Shell-operated Pensacola discovery in the North Sea at $200m.
Climate activists win court battle over North Sea oil fields
Climate activists won a court case in Norway against the state over development plans at a handful of oil and gas fields under the North Sea off the Nordic country’s coast.
Is electrification really the answer for the UK North Sea?
The desirability of electrification in a mature North Sea is questionable, writes Wood Mackenzie.