Viaro Energy makes another acquisition as HALO looks ‘beyond’ upstream
Upstream business Viaro Energy has bought the Dutch portfolio of Hague and London Oil (HALO) for an undisclosed sum.
Baker Hughes: Redundancies ‘out of the blue’ at major Montrose employer
Oil and gas company Baker Hughes has made a round of redundancies at its Montrose facility.
Subsea UK to embark on ‘new era’ with transition into £13m Global Underwater Hub
Subsea UK boss Neil Gordon says the industry body will embark on a “new era” when it becomes the Global Underwater Hub (GUH) later this year.
Cromarty Firth port chief hails ‘historic’ green hydrogen deal
The Port of Cromarty Firth (PCF) has signed a memorandum of understanding (MoU) with Norwegian firm Gen2 Energy to import green hydrogen from Norway.
Hibiscus and Ithaca agree to jointly develop pair of North Sea discoveries
Malaysian oil firm Hibiscus Petroleum and Ithaca Energy, of Aberdeen, have agreed to jointly develop a pair of North Sea discoveries.
BP sells stake in Shearwater field to Tailwind, but holds onto Andrew
BP said today it had agreed to sell its stakes in the Shearwater field to Tailwind Energy for an undisclosed sum.
£400m to build a greener recovery with fair salaries
Development agency Scottish Enterprise (SE) has announced it will spend £400 million in the next year safeguarding and creating employment.
To E&P or not to E&P?: Summit marketing Avalon stake while eyeing low-carbon future
Summit Exploration and Production (E&P) is looking for a buyer for its 50% non-operated stake in the Avalon oil project in the UK North Sea.
Ponticelli poised to pursue more contract wins after Total coup translates to slim profit
Ponticelli UK looks poised to compete for more deals after a “satisfactory” maiden reporting period in which the company and its partners started work on a major UK North Sea contract with Total.
Neptune hiring JP Morgan to advise on options, including IPO, report says
Neptune Energy is hiring US bank JP Morgan to explore strategic options for the business, including an initial public offering, a news report said.
Aubin project manager prevails in Decom Awards rising star category
A project manager at a north-east firm shined brightest out of a trio of budding decommissioning experts to win a prestigious award today.
North Sea newcomer Finder Energy doubles licences with Azinor Catalyst deal
North Sea newcomer Finder Energy has doubled the number of UK offshore licences in its portfolio through an acquisition.
Tailwind sells Conwy field in East Irish Sea to Italian firm Eni
UK oil and gas firm Tailwind Energy has sold its 100%-operated interest in the Conwy field to the British subsidiary of Italian oil firm Eni.
CNOOC limbering up for second Glengorm appraisal well
Chinese firm CNOOC is preparing to drill the second of two appraisal wells on its Glengorm field in the UK North Sea.
BP facing trial over death of scaffolder who fell from North Sea platform
Energy giant BP is to stand trial over the death of a scaffolder who plunged into the North Sea after falling from an oil platform.
Pinsent Masons appoints prolific dealmaker to top oil and gas role
Law firm Pinsent Masons has appointed renowned dealmaker Rosalie Chadwick as its new global head of oil and gas.
Offshore wind cable stability system prevents damage
With recent publicity surrounding offshore wind cable failures, Aberdeen-based Balmoral Comtec says its integrated cable protection stability system offers up to 75% reduction in subsea cable movement helping prevent irreversible damage.
Shell finds $460m buyer for stake in Philippines gas field
Shell has stuck a deal to sell its 45% operating interest in the Malampaya gas field offshore Philippines for up to $460 million.
‘Time for talk is over’: St Fergus operator px Group launches dedicated energy transition team
Critical infrastructure owner-operator px Group has set up a dedicated energy transition team focused on cutting clients’ emissions.
Delay in rigs to reefs report a big let-down
As it is Decom Week, I was prompted to re-visit whether OPRED had delivered on their commitment to provide a report on the applicability of rigs-to-reefs in UK waters.
Subsea UK assembles impressive line-up for new debate-style event
Subsea UK’s new TV debate style event makes its debut next week, with industry leaders and government panellists exploring how the subsea sector can support the energy transition and the blue economy.
Offshore wind employers must make contingency plans for visa exemption expiry
Businesses with offshore wind facilities in UK territorial waters must review the immigration status of their workforce now ahead of an anticipated change to the rules.
OWGP frees up £4.2m to support UK offshore wind supply chain
The Offshore Wind Growth Partnership (OWGP), a business transformation programme, has launched its largest tranche of grant funding for UK supply chain companies in a package totalling £4.2 million.
Neptune Energy working with Rothschild as it studies IPO
Neptune Energy, the oil and gas explorer backed by Carlyle Group and CVC Capital Partners, is working with financial adviser Rothschild & Co. to explore potential options including an IPO, according to people familiar with the matter.
BP nears sale of stake in UK North Sea Shearwater field to Tailwind
BP is in advanced talks to sell its 28% interest in the Shearwater field in the UK North Sea to Tailwind Energy, an explorer backed by trading house Mercuria Energy Group, people familiar with the matter said.