North Sea chief calls for ‘fair access’ to finance for oil firms ahead of govt summit
His comments come ahead of a rumoured government summit dedicated to reversing the flight of capital from the North Sea.
TotalEnergies snaps up stake in Norwegian carbon storage licence
French supermajor TotalEnergies (Paris:TTE) has struck a deal to acquire a sizeable stake in a carbon storage licence offshore Norway.
North Sea firm Viaro Energy teases ‘a few more announcements’ before end of 2023
Viaro Energy is doubling down on its North Sea acquisition spree with the firm expecting to “have a few more announcements before the year is out”.
Oil and gas sector a ‘political football’ once again, says Deltic Energy chairman
The chairman of Deltic Energy (LON: DELT) believes the oil and gas sector has become a “political football” as battle lines are drawn ahead of the next election.
Japan’s Mitsui completes takeover of north-east firm Stats Group
One of the world’s largest conglomerates, Japan’s Mitsui, has completed its takeover of north-east company Stats Group.
RBC taps ex-Credit Suisse banker Perry for oil, gas dealmaking
Royal Bank of Canada hired Credit Suisse banker Tim Perry, people with knowledge of the matter said.
Forbes hits out at Just Stop Oil, saying support still needed for oil and gas
Cutting support for the oil and gas industry too soon risks "plunging people into poverty", Scotland's former finance secretary, Kate Forbes, has said.
Shell receives final bids for UK North Sea gas assets
Shell (LON: SHEL) has whittled down bidders for its southern North Sea gas fields to three final contenders, according to people with knowledge of the matter.
European gas prices gain on Australia LNG workers’ ultimatum
European natural gas advanced as workers serving a key export project in Australia prepare for a strike that could significantly dent global supplies in the run-up to winter.
Offshore Europe hosts send message to protestors ahead of event
Aberdeen’s P&J Live arena has issued a message to climate activists ahead of the upcoming Offshore Europe Conference.
Final turbine installed at Shetland’s Viking wind farm
Green energy giant SSE Renewables is celebrating a major milestone in the development of its Viking wind farm.
Europe gas storage is 90% full. It still may not be enough
Europe’s natural gas reserves are almost full, though that still may not be enough to see the region through winter.
Port of Aberdeen boss says facilities need to team up to ease rollout of floating wind
The head of Port of Aberdeen says he supports a “multi-harbour solution” to support the deployment of floating offshore wind in the UK.
North Sea wildcat well bears fruit for Equinor
Equinor (OSLO: EQNR) has made a successful oil and gas discovery in the Norwegian sector of the North Sea.
Cnooc first-half profit slides as weaker oil prices hit driller
Cnooc Ltd. said its first-half profit declined as oil prices slumped over concerns about global growth, even as China’s biggest offshore driller benefited from strong output during the period.
UK energy regulator seeks ways to make home usage more flexible
The UK’s energy regulator is looking into how to get households to use less when demand peaks or there’s little wind power, as part of efforts to decarbonise the grid.
North Sea rig rates lower ‘than the rest of the world’, says Borr Drilling CEO
A top drilling firm has bemoaned the low fees contractors are receiving for leasing their rigs in the North Sea.
5 flashpoints as oil and gas revenue boost sparks political clash over energy future
The latest official 'Gers' figures show Scotland's share of oil and gas revenue was worth £9.4bn last year – is that reason to celebrate or worry about a volatile future?
Perenco shares details of additional carbon storage wins
Perenco confirmed on Thursday that it had secured two further carbon storage licences, building on the permit it announced earlier this week.
UK hydrogen firm ITM Power releases new ‘cutting-edge’ 20MW module
ITM Power (LON: ITM) has announced the release of its new “cutting-edge” 20 megawatt (MW) core electrolysis process module.
UK green agenda faces another hurdle as offshore wind auction stumbles
The UK’s annual renewable energy auction may not include offshore wind for the first time since the system for awarding subsidies began.
WoodMac tips oil and gas exploration spend to average $22bn a year through to 2027
Driving the looming increase is tailwinds from attractive exploration economics, the need for energy security and the emergence of new frontiers.
Perenco served three safety notices over state of North Sea platform
Oil and gas firm Perenco has been hit with a trio of safety improvement notices over the state of one of its Southern North Sea platforms.
Industrial cleaning firm Sureclean charts plan for growth with new hires
Aberdeenshire-headquartered Sureclean has announced a raft of new appointments as it forges ahead with ambitious growth plans.
Hartshead dishes out pipeline survey contract for Southern North Sea gas cluster
A contract for a geophysical pipeline survey has been awarded by the companies developing a Southern North Sea gas cluster.