Wello’s Penguin survives storms
Finnish wave energy developer Wello said its Penguin device survived storms with 12 meter high waves during testing off Orkney.
Norwegian safety officials investigate rig listing
Norway's oil and gas safety authority has launched an investigation into Saipem after a semi-submersible drilling rig started to list in the Barents Sea.
Champion opens doors to delegates
Speciality chemical firm Champion Technologies opened its doors to World Heavy Oil Congress delegates yesterday.
Innovation ‘can make sector greener and more profitable’
The challenge of developing heavy oil sustainably and profitably is equivalent to the hunt for Arctic oil, delegates at an international conference in Aberdeen were told yesterday.
New developments set to aid heavy oil’s revival in North Sea
Heavy-oil production in the North Sea is expected to "drop off a cliff" in coming years but new developments will aid its return, the boss of Nautical Petroleum said yesterday.
Shell boss sounds warning over oil sands
The head of heavy oil for Shell warned today that without making sure oil sand's credentials were up to scratch the industry would not have a future.
Industry urged to clean up act
The head of heavy oil for Shell warned yesterday that without making sure oil sand’s credentials were up to scratch the industry would not have a future.
‘Time for heavy oil in UKCS’
Opportunities for developing heavy oil in the North Sea are significant, an expert said last night, ahead of an industry conference in Aberdeen.
Talisman parts company with John Manzoni
Canadian oil firm Talisman today announced the sudden departure of its president and chief executive, John Manzoni.
Way clear for £1.6million new oil platform
A £1.6billion investment in the North Sea will now go ahead on the back of Chancellor George Osborne's announcement yesterday.
Osborne’s helping hand
George Osborne has stepped in to ease the tax burden on ageing UK oil and gas fields - a move which could unlock £2billion of new investment.
Bentley oil fetches better-than-expected price
Aberdeen-based oil explorer Xcite Energy said today it had sold the first cargo from its northern North Sea Bentley field at a higher-than-expected price.
Industry welcomes latest allowance
Industry leaders have welcomed a new North Sea oil and gas tax allowance announced by Chancellor George Osborne.
Osborne unveils brown field tax break
Chancellor George Osborne has this morning unveiled a new oil and gas tax break it is hoped will boost spending in the North Sea and unlock £1.5billion of extra revenues to the UK treasury.
Scots city first in Europe to host oil event
Global interest in heavy oil will focus on Aberdeen next week as delegates from more than 30 countries flock to the city for a biennial industry event.
Valiant looking at options
North Sea oil and gas explorer Valiant Petroleum said today it was looking at a possible sale of the business.
ITC now on mission to employ more people
Husband and wife-run ITC Hydraulic Services has its sights set on growth after more than doubling the footprint of its north-east base.
Ithaca announces success on Hurricane
Oil and gas explorer Ithaca Energy said today it had carried out a successful test on its Hurricane discovery in the central North Sea.
Lochard Energy puts itself up for sale
North Sea oil and gas exploration firm Lochard Energy said today it was putting itself up for sale.
Xcite playing the long game
"It has been a long story," admits Xcite Energy's Steve Kew.
UK North Sea’s Beryl will be with us for many years yet
Forty years ago this month the race was on to get first oil from the North Sea.
It’s a busy, but good, time, says Reynolds
Is there ever a good time to list on the stock market? Bridge Energy hopes so.
Energy alphabet competition
Term time has restarted - which means it is time for us to given away another iPad2.
Graduate profile: Matthew Parkhouse
Matthew Parkhouse was always going to have a life at sea. But instead of following in his father's footsteps in fishing, he has chosen a career in the offshore oil and gas industry.
Enterprising Shire and city schools reach final
North-east school students will be going through to the Scottish Enterprising Mathematics final later this year after winning the regional heats.