Updated: Ithaca Energy back in the black and awarding contracts for key North Sea schemes
Ithaca Energy was back in the black in the first quarter of 2021, as the North Sea oil firm shook off the ill effects last year's hefty impairments.
Glengorm Central the lone, active E&A well on UKCS
Westwood Global Energy reports that as of June 1 there was one appraisal well active in the UK.
Norwegian drillers enjoying success rate of 50%-plus
Westwood Global Energy reports that there were five E&A well programmes active as of June 1.
Xodus to support SMEs in growth of Scottish offshore wind supply chain
Scottish Enterprise has appointed global energy consultancy Xodus Group to the role of Offshore Wind Cluster Builder to develop and grow the offshore wind supply chain across Scotland.
Platform trading Fife ports ahead of dismantling this week
A gas platform is scheduled to make the short trip from one Fife port to another ahead of its dismantling this week.
Battery firm Carbon Neutral Energy hires duo to spearhead US growth
Mobile green battery start-up Carbon Neutral Energy (CNE) has brought in a high-powered team to establish and grow its US business.
Priming the hydrogen pump with infrastructure
Repurposing the UK’s natural gas network to take into account future consumption will require major changes for infrastructure, whether it is towards hydrogen or electrons.
University’s robot ‘dog’ to make oil platforms inspections safer
A four-legged robot "dog" is helping scientists in Scotland research how the machines can help people working in hazardous environments such as oil platforms and refineries.
ORE Catapult powers up with senior industry appointments
The Offshore Renewable Energy (ORE) Catapult has announced the appointment of two senior industrialists as non-executive directors.
BP buys 9GW of US solar from 7X Energy for $220m
BP reached an agreement today to purchase 9GW of solar development projects in the US from independent US solar developer 7X Energy for $220 million.
Port of Nigg hailed as ‘standout facility’ as Global signs floating wind agreement
The Global Energy Group (GEG) has signed a memorandum of understanding (MoU) to collaborate with a partnership planning a new floating wind development off the north-east coast.
Rebrand: Global Highland’s new look revealed as parent company aims to create jobs
Rapidly growing Highland company GEG Capital is expected to add to its portfolio of companies this week, as it also unveils a rebrand of one of its well-known local businesses.
Brent tops $70 as OPEC+ flags tightening market before meeting
Brent oil advanced above $70 a barrel after the OPEC+ alliance forecast a tightening global market ahead of a production policy meeting.
Shell picks Worley for green hydrogen project in Netherlands
Shell has picked Australian energy services firm Worley to support the development of a new 200MW electrolysis-based hydrogen plant in the Netherlands.
Longboat Energy farming into seven-well exploration campaign off Norway
Longboat Energy intends to raise £35 million via a share placement to help pay for its spot on an exploration campaign off Norway.
Mission Possible: Building an oil and gas business for the future
‘Daddy, I’ve written a letter to the Norwegian government!’ announced my 13-year old daughter Bee. When I asked her what it was about, she replied innocuously: ‘I asked the environment minister to stop oil exploration in northern Norway’.
Offshore pioneers outline ambitious £10bn plans to electrify North Sea platforms with floating wind
A pair of offshore engineering specialists have revealed ambitious plans for a £10 billion floating wind project aimed at slashing emissions from UK oil and gas platforms.
ScottishPower boss says Aberdeen Uni transition centre can answer the ‘big questions’
ScottishPower's boss said today that Aberdeen University can play a “leading role” in answering the big questions surrounding the transition to a green economy.
px Group teams up with OPEX Group on emissions reduction
Px Group, a leading infrastructure management company for energy and high hazard industries, has teamed up with OPEX Group to support emissions reduction across all px Group operated sites.
ZynQ software redefines the future of remote asset visualisation
ZynQ 360, a pioneer and global leader in Visual Asset Management, today announced major advances to its world-leading visualisation software and the launch of their new licensing model, which will make the adoption of their solution seamless—dramatically accelerating digital transformation across any industry.
Tories claim SNP-Green deal will throw oil and gas jobs ‘to the wolves’
Nicola Sturgeon has been urged to ditch talks on a Green government “coalition” over fears for North Sea jobs.
EVOL: Shell’s head start, UK oil on the cusp, and decom hot potato
In this week’s pod, in association with Dräger, the team discusses how green groups and a judge combined to give Shell a leg-up in the race to net zero. Did Shell say thank you? Did it heck.
Equality, diversity and inclusion in oil and gas: a golden opportunity to turn the tide
As a young woman taking my first tentative steps into the oil and gas industry, I was acutely aware that I was in the minority.
BP forms new pact to boost production from Clair Ridge after slow start
BP, Baker Hughes and Odfjell Drilling have formed a new alliance aimed at boosting production from Clair, western Europe’s biggest oilfield.
Survey shows lift in optimism for UK oil industry, more firms target renewables
A new survey has highlighted a “significant improvement” in confidence levels among North Sea oil and gas contractors who are also increasingly looking to weigh in for the energy transition.