Oil major Chevron could launch a new tender for its Rosebank FPSO (Floating Production, Storage and Offloading) vessel after it terminated its order for with Hyundai Heavy Industries (HHI) last month.
While the oil and gas sector has faced a challenging year in 2016; there are signs that the industry is approaching a turning point. North Sea production started to increase again for the first time in over fifteen years, business confidence is beginning to improve, and new fields have come on-stream.
Energy Voice has gone through its archives to bring the best stories featured in ReNew News this year. Take a look through some of the innovation in technology and investment happening throughout the sector below. A round-up of the top stories from ReNew News in 2016
Innovation, diversification and transformation are three words which I make no apologies for repeating. All will be the bedrock upon which Aberdeen’s future is built.
Investigators looking into a North Sea helicopter crash which killed all 13 people on board said yesterday they see "no correlation" between a previous incident and the vehicle's gearbox.
For years, Toyota Motor Corp. focused on pushing its hybrid models in Europe, avoiding a diesel-for-diesel competition with market leaders including Volkswagen AG. The Japanese carmaker’s strategy is finally paying off.