CNR shuts down Ninian South platform after fire on board
Canadian Natural Resources has shut down production on its Ninian South platform after a fire on board the North Sea installation.
Total hires French top cop as chief of security
Total has hired the chief of France's Gendarmerie police force to take over as its head of security, the oil company said on Wednesday.
AIS to manage Bilfinger Salamis’ Aberdeen oil and gas skills centre
Queen’s award-winning manufacturer and industrial training provider, AIS has signed an agreement with industrial lifecycle support services partner, Bilfinger Salamis UK to operate and manage its Aberdeen Skills Centre.
OPEC oil revenue plunges $438billion to 10-year low
OPEC said its oil revenue plunged by $438billion to a 10-year low last year, as an increase in export volumes failed to compensate for the collapse in prices.
Total supports next generation of maths students
Ppils from 20 secondary schools in Aberdeen city and shire competed against each other, in teams of four in a series of mathematical challenges, on Friday (17 June), sponsored by Total.
Renew news: Solar power to grow six-fold as sun becoming cheapest resource
The amount of electricity generated using solar panels stands to expand as much as six-fold by 2030 as the cost of production falls below competing natural gas and coal-fired plants, according to the International Renewable Energy Agency.
More than 1,000 attend support event for oil and gas workers
More than 1000 people affected by redundancies from the oil and gas sector have attended a free event in Aberdeen offering help and advice.
US crude inventories increase by 71 million barrels since September
Weekly US commercial crude oil inventories have increased by more than 71 million barrels (15%) since the end of September, pushing crude oil storage capacity utilisation to a near record high of 73% for the week ending June 10.
Range focuses on “most economic” wells in Trinidad
Range Resources plans to drill a development well on its acreage in Trinidad early next month after reviewing its workover programme to focus on the "most economic" wells.
Subsea 7 to cut headcount by a further 1,200, 430 jobs at risk in UK
Subsea 7 is to cut its global workforce by another 1,200 and has confirmed up 430 jobs will go in the UK as part of the company’s global resizing and cost reduction measures.
Ithaca secures pipeline access deal for Greater Stella production
Ithaca Energy has secured access to a major oil export pipeline allowing it to transport future production from its Greater Stella Area development project in the UK North Sea, at a cost of around $20million, with first production slated by September.
FTSE flat as investors wait to see result of EU vote
London’s premier index was flat as investors paused for breath ahead of Thursday’s vote on Britain’s membership of the European Union.
Subsea UK hosts Norfolk networking event
Industry body, Subsea UK, is to bring subsea supply chain companies in Great Yarmouth together in the first networking event of its kind in the region next week.
Time for a sharp Brexit? Energy firms will go with flow after referendum
International oil companies are largely non-committal when it comes to the internal politics of nation states in which they operate.
OneSubsea lands $170million EPC contract in Egypt
OneSubsea has been awarded a $170million engineering, procurement and construction contract from Belayim Petroleum Company for the Zohr gas field offshore Egypt.
EU emissions drop not as steep without UK
Brexit could make it harder for the European Union to meet its climate targets, carbon pollution figures show.
Nigeria agrees one-month ceasefire with militants
Nigeria has agreed a one-month ceasefire with militants including the Niger Delta Avengers in the oil-producing southern region, a petroleum ministry official said on Tuesday.
Sound Energy secures EUR29million bond subscription
Sound Energy, the European/Mediterranean focused upstream gas company said investment firm Greenberry has subscribed for EUR28.8 million bonds, adding it it will also issue 70.3 million warrants for new shares at a price of 30 pence per share.
MeyGen tidal project is connected to National Grid
The MeyGen tidal power project in the Pentland Firth has reached a technical milestone with its connection to a major power distribution network.
ICR Integrity appoints Bill Bayliss as executive chairman
International integrity and maintenance group ICR has appointed industry stalwart Bill Bayliss as executive chairman following the retirement of Bob Forbes.
Statoil suspends Songa Delta drill rig for short period
Statoil will suspend the Songa Delta contract after work on the current well, Slemmestad, in the North Sea has been completed, Songa confirmed.
Genel lands Tawke field payment from Kurdistan government
Genel Energy has confirmed that Tawke field partners have received a payment of $15million from the Kurdistan Regional Government for oil sales during May 2016.
Sacoil confirms seismic acquisition completed in DRC
SacOil, the South African oil and gas operator, has confirmed that Total has finalised 2D seismic date acquisition in the Block III in the Albertine Graben area of the Democratic Republic of Congo.
2016: The year of mega mergers and take-overs
Recent weeks have seen a flurry of deals being done in the oil and gas sector around the world.
Marathon shares enjoy jump following Payrock acquisition
Marathon Oil saw its shares jump more than 3% following the announcement it had acquired PayRock Energy Holdings LLC for $888 million. Shares of Marathon Oil gained 3.2% to $13.58 premarket.