North Sea shutdowns hit Dana’s 2013 output
North Sea shutdowns caused production losses of nearly 20% at Dana Petroleum in 2013, the oil and gas firm said on Tuesday.
BP takes delivery of new ships for west of Shetland work
Oil giant BP has hailed a huge investment in two new platform support vessels (PSVs) for its west of Shetland operations as a long-term commitment to the UK North Sea.
New twist in BP’s row over Gulf spill claims
BP has asked a US judge to order a “vast number” of businesses to repay hundreds of millions of pounds it says were wrongly awarded as compensation on claims stemming from the 2010 Gulf of Mexico oil spill.
Simmons’ Aberdeen team at the heart of record M&A deal
Aberdeen corporate finance advisers have brokered what is believed to be the largest Middle East oilfield service mergers and acquisitions deal in history.
WWF Scotland says no to shale
Fossil fuels should be left in the ground, no matter what, the findings of a new report into the size of shale gas deposits in central Scotland, conservation group WWF Scotland said on Sunday.
UPB signs major technology deal with Hong Kong
Aberdeenshire-based Unmanned Production Buoy Group (UPB) and Tong Ze Group of Hong Kong have signed a £5billion deal to develop and use UPB’s oilfield technology.
Good start to the year for North Sea exploration
UK North Sea exploration activity trebled to six new wells in the first three months of this year, compared with just two in the final quarter of 2013, new figures show.
Technology investment key for sector longevity, Westminster hears
Subsea UK used its annual parliamentary reception at Westminster last night to highlight an “urgent need” for more investment in new technology.
Opito event seeks to spice up industry appeal
People of all ages and from all walks of life are to be targeted in a week-long drive to promote the oil and gas industry as an exciting career option.
Lerwick Port celebrates 50 years of oil
Lerwick harbour is this week celebrating 50 years of involvement in North Sea oil and gas.
Nova Scotia “open for Scots business”, premier says at Aberdeen event
Nova Scotia is “open for business” for Scottish firms interested in tapping into its huge oil and gas potential.
Smart asset management “key to extra £10.5bn UKCS output”
UK North Sea oil and gas production could rise by 10% - generating an extra £10.5billion revenue - with a "targeted and better executed" maintenance strategy, an industry expert has claimed.
New report proves men working offshore are getting bigger
The average weight of men working in the offshore oil and gas industry grew by 19% between 1985 and 2009, a new report reveals.
Nova Scotia’s “first minister” to visit Aberdeen
Nova Scotia premier Stephen McNeil will be in Aberdeen next week to highlight oil and gas opportunities in the Canadian province.
Boat and crane transfers safer than helicopters, DNV GL finds
Transferring oil and gas workers to offshore installations by boat and crane is 11 times safer than using helicopters, risk management firm DNV GL says.
Emerson invests £20million in Aberdeen
US group Emerson has started work on a new £20million office and service centre for 150 Aberdeen-based employees.
Energy North hails fledgling taskforce a success
An oil and gas taskforce that was set up a year ago to spread the benefits of Scotland’s oil and gas industry beyond its traditional heartland has been hailed a success.
Another new owner for Aberdeen oil and gas consultancy
Oil and gas consultancy Apply Altra has changed hands again, with Danish firm Ramboll Group becoming the latest in a long line of owners behind the Aberdeen business.
Maersk resumes vital training courses in Stonehaven
The arrival of two emergency rescue vessels in Stonehaven later this month will signal the launch of new courses at the town’s Marine Training Academy (MTA).
Power Jacks follows record year with £1million investment
Growing global demand for its products has prompted a north-east engineering firm to invest more than £1million in new machinery.
Chemical safety board blames faulty blowout preventer
A faulty blowout preventer and weaknesses in how firms analyse potential hazards offshore contributed to BP’s deadly Gulf of Mexico oil spill more than four years ago, the US Chemical Safety Board (CSB) said yesterday.
Statoil denies change to cost-cutting targets
Norwegian oil giant Statoil insists it is sticking to its 2016 cost-cutting plans and has no public cost-saving target for 2020.
Diamond Offshore Drilling disputes Statoil’s move to ditch its rig
Plans to move a £270,000-plus a day drilling rig to the UK North Sea have been axed by Norwegian operator Statoil.
Politicians on both sides of referendum debate claim survey backs them
Industry body Oil and Gas UK (OGUK) stuck to its impartial line on independence in its response to the survey, while politicians on both sides of the debate claimed it supported their respective causes.
Industry faces bigger challenges than independence, EY tax partner says
Scotland’s future is important to North Sea oil and gas firms and their supply chain, but the industry faces bigger challenges. That is the view of Colin Pearson, tax partner in the Aberdeen office of accountancy firm EY. Mr Pearson said operators and service companies had to work with all kinds of governments around the world, and were masters of dealing with changes they “took in their stride”.