Oil and Gas UK says industry is “major contributor” after tax haven claims
The chief executive of Oil and Gas UK said the industry is still a "major tax contributor" after a report claimed some operators had links to tax havens.
The chief executive of Oil and Gas UK said the industry is still a "major tax contributor" after a report claimed some operators had links to tax havens.
Oil major Shell has agreed a $425million deal to sell all of its interest in a number of Gulf of Mexico Green Canyon blocks to EnVen Energy Corporation.
The salvage master who successfully refloated a grounded 17,600 tonne oil rig off rocks in the Western Isles was also involved with the operation to move the doomed Italian liner the Costa Concordia.
A Nigerian militant group which claimed responsibility for a series of attacks on oil and gas facilities has said it has halted hostilities.
Statoil has revealed fresh footage of its Mariner B vessel as it arrived in Global Energy Group's Nigg Energy Park after completing a journey of more than 15,000 miles from a construction yard in South Korea.
Statoil has revealed fresh footage of the Mariner B Floating Storage Unit (FSU) arriving after its mammoth journey from South Korea.
Footage has emerged of a massive wind turbine which burned for hours as firefighters did not have ladders long enough to tackle the 100 metre-high blaze, according to reports.
Republican Presidential candidate Donald Trump is expected to speak at a Shale Insight Conference in Pittsburgh.
Atlantic Offshore said one if its fleet has been laid-up after a contract ended.
An estimated $50billion has been removed from a forecast of capital investment in Norway over the next four years.
Keppel Offshore & Marine said it is on track to deliver a Floating Production Storage and Offloading (FPSO) veseel to Armada Kraken.
Norwegian operator Statoil has installed its topside for Gina Krog in less than a week.
A Scottish energy firm’s tidal turbine system has become the first in the world to deliver electricity to the national grid.
After decades in the planning and hundreds of millions of pounds – motorists are finally driving on the Aberdeen bypass.
Wood Group has won a $1million contract for Statoil's Utgard field.
Iraq's foreign ministry has called on Saudi Arabia to replace its current ambassador in Baghdad.
North Sea operators are facing demands to explain alleged links to tax havens, according to reports.
The Johan Sverdrup field is one of the five biggest on the Norwegian Continental Shelf with expected resources of up to three billion barrels of oil equivalent.
The price of building a field on the Norwegian Continental Shelf (NCS) has fallen by an average 40% since the Autumn of 2014, according to new data.
Statiol's Johan Sverdrup development could be profitable at a break-even price of $25, the company has revealed.
The offshore giant at the centre of a rig grounding drama could be poised to breathe fresh life into a deserted fabrication yard.
Four additional giant anchors are being laid to secure a 17,600 tonne oil rig which has been refloated after running aground in the Western Isles.
Oil major BP has reportedly dropped its adviser on executive pay following a backlash from shareholders earlier this year.
BP and Shell have started securing facilities and evacuating non-essential personnel from drilling rigs and platforms in the US Gulf of Mexico.
Renewable energy in the US accounted for 16.9% of electricity generation in the first half of 2016, new figures have revealed.