Shell makes $4bn North Sea investment pledge
Royal Dutch Shell said its spending plans will include a cash injection of around $4billion dollars for the North Sea.
Royal Dutch Shell said its spending plans will include a cash injection of around $4billion dollars for the North Sea.
Two subsea templates each the size of a basketball court have been placed on the ocean floor by Wintershall on its flagship Maria field development.
The Scottish Conservative energy spokesman Alexander Burnett has called on Chancellor George Osborne to provide Treasury-backed loan guarantees to boost investment in the North Sea.
A North Sea helicopter flight landed on the wrong platform after its pilots misidentified their correct landing location eight miles away.
Nostra Terra said it has been able to reduce overhead costs after the company's board took a 25% voluntary pay cut.
MX Oil said it has issued notices for the early redemption of the outstanding balance of secured convertible loan notes issued last year and in February.
Norwegian operator Statoil has finalised a 19-month drilling program offshore Newfoundland.
The north and north-east could be in line to benefit from a boom in oil and gas decommissioning jobs.
The gap between average Big Six energy tariffs and the cheapest deals on the market has increased significantly since the competition watchdog began its investigation into the sector, figures show.
The massive programme of regeneration underway in the city will reaffirm Aberdeen’s position as Scotland’s ‘northern powerhouse’ and help mitigate the effects of the North Sea crisis.
A community wind energy project involving benefits for local people has been blocked by the High Court.
Oil major Shell is to end its sponsorship of the Houston Open after next year.
A pipeline feeding oil products from the Amsterdam-Rotterdam-Antwerp refinery hub into Germany was closed this week after a leak was reported in the Netherlands, according to reports.
DEA is to reduce its headcount in Norway, the company have confirmed.
The Scottish Government has been accused of “holding back” the oil and gas industry with its moratorium on fracking.
Oil major BP said it has made another gas discovery in Egypt’s East Mediterranean.
A steel company official has set out plans for a “radical” reshape of the struggling industry to make it competitive again.
KCA Deutag said it has sold its jack-up drilling unit for an undisclosed sum to an intergrated energy and services company.
The former chief executive of Statoil is to become a director at US firm Schlumberger.
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway a drilling permit for well 7220/11-3 in the North Sea.
South Korean prosecutors have raided Daewoo Shipbuilding and Marine Engineering (DSME) as part of an investigation into alleged accounting irregularities.
Statoil said it has made a minor gas discovery in the North Sea after drilling a wildcat well.
Nine countries in the North Sea region are to work with the European Commission to enhance their collaboration in a bid to create windfarms across the region at a lower cost.
Oklahoma's medical examiner has said a single-car crash which killed US oilman Aubrey McClendon was an "accident", echoing findings released earlier by police.
Norway’s industry safety body has formally imposed an order on BP to act on its crane maintenance and materials handling on the Ula and Valhall facilities.