The landmark North Sea Transition Deal document described the UK oil and gas sector as having “an international reputation for leading the world in offshore exploration and production capabilities,” going on to point out, “its supply chain services are exported around the world”.
Oil and gas firm CNR International will ramp up share repurchases after taking heart from a strengthening of its balance sheet in the first half.
A letter signed by 80,000 people calling for the Prime Minister to block an oil project he claimed to have no knowledge of was dropped off at 10 Downing Street today by campaigners.
Business minister Kwasi Kwarteng has joined Prime Minister Boris Johnson on the second day of his two-day visit to Scotland.
The 1990s were a brutal time in the North Sea, with the oil & gas industry largely pre-occupied with trying to recover from the 1986 global price crash and culminating with the second crash, the slide for which began in 1997 and bottomed out late 1998/early 1999.
BP has agreed memoranda of understanding (MoUs) with a series of new potential customers for its proposed clean hydrogen production facility in Teesside in north-east England.
First came the production discipline, and now here’s the cash.
A timetable must be set out for the end of oil and gas, partnered with a "truly just transition", Sir Keir Starmer has said.
Contracts totalling £11.2 million for two complex decommissioning projects at Dounreay have been awarded to US technical services giant Jacobs.
Only two years ago, Africa seemed set to become the world's next major producer of oil and gas. International companies were scrambling to win exploration rights in frontier markets in West Africa; countries in North Africa were excited about new discoveries in the Mediterranean Sea; and natural gas was identified as a long-term transitional energy source, creating new opportunities for low-income nations such as Tanzania and Mozambique.
Scottish tidal energy firm Nova Innovation has been given a £2 million cash injection from the Scottish Government to advance its turbine manufacturing.
Stuart Broadley, chief executive of the Energy Industries Council (EIC), has been busy recently.
With their strong Scottish track record, Ocean Winds and Aker Offshore Wind have great ambitions to develop floating offshore wind in Scotland.
We think of the sea as being a large empty space but the energy transition is changing the UK’s seascape radically.
Over the last month, we’ve seen the start of several new partnerships which will look to accelerate Scotland energy’s future.
Well-Safe Solutions bosses have said higher oil prices, an easing of the pandemic and careful management of the firm’s cost base have positioned it to take advantage of an upturn in decommissioning activity.
Corporate oil and gas specialist Rosalie Chadwick is comfortable with transition. Some 25 years ago she happily made the switch from hometown Edinburgh to take her first step towards a legal career as a law undergraduate at the University of Glasgow.
Oil and gas company APA Corporation put last year’s hefty write-downs behind it to return to the black in the first six months of 2021.
William Anderson, who founded one of the most prominent firms servicing the North Sea oil industry, and went on to mentor engineering apprentices, has died just short of his 89th birthday.
Tributes have been paid to Bruce Dingwall, a North Sea leading light who died suddenly yesterday, aged 61.
Energy firms behind ambitious plans to develop floating wind and green hydrogen projects off the north-east coast will work together to see if their schemes are an ideal match.
Litter picking has saved the lives of people suffering with mental health problems during the pandemic, says Mike Scotland.
Improving energy efficiency and optimising energy use is one of the quickest and lowest cost pathways to impact corporate sustainability targets and reduce operational emissions.
Pinpointing which stage of grief the UK oil and gas supply chain currently sits at it is complicated.
Through all of my years working in oil and gas I have seen amazing innovation and bold action. It is clear that the boldest companies are willing to look outside the bounds of traditional methods and invest in tools that are more fit for purpose.
