Providence Resources to work with Schlumberger on Irish prospects
Providence Resources, the Irish exploration company has signed a strategic and incentivised exploration collaboration agreement with Schlumberger.
“There’s a role” for UK nuclear power says Labour’s new energy spokeswoman
Labour shadow cabinet splits were again laid bare as Jeremy Corbyn’s new energy spokeswoman said she supported new nuclear power stations in apparent opposition to the UK opposition leader’s view.
Greka Drilling records first half loss but says activity is picking up
Shale gas focused Greka Drilling has reported a pretax loss in the first half of 2015, but said its key markets in China and India were planning new drilling campaigns in the near future.
Watchdog extends timetable for investigation into energy market
Industry watchdog the Competition and Markets Authority (CMA) has extended it timetable to deliver a "once in a generation" shake up of the energy industry.
Subsea UK leads trade mission to Mexico
UK subsea companies will be heading a trade mission to Mexico to match British expertise with the requirements of the country's emerging oil and gas sector.
GCube offers renewables firms policy against volatile weather
The cost to renewables firms from unpredictable weather is being offset by underwriter GCube's new Weather Risk Transfer mechanism for the wind and hydroelectric energy sectors.
Industry experts set for flow control conference in Aberdeen
Speakers from a number of major oil companies will be taking part in a bi-annual conference that examines the latest developments in reservoir monitoring and flow control in oil and gas projects.
Stobart secures fuel deal with Teeside biomass plant
Support services and infrastructure specialist Stobart Group has signed a 14-year fuel supply agreement to a 40 megawatt waste wood-fuelled biomass plant at Port Clarence, Teesside, UK
Union Jack Oil secures stake in UK onshore field
Union Jack Oil has completed its acquisition of a 10% stake in the Keddington oil field, onshore UK.
Nostra Terra and Independent Resources join forces in North Africa
Nostra Terra and Independent Resources have agreed to pool resources for a joint venture to pursue new projects in North Africa.
Oil drops amid broader sell off as Fed points to global risks
Oil dropped for a second day after the US Federal Reserve left borrowing costs unchanged because of concern about recent global economic turmoil.
Even a slowing China is oil’s best defense against deeper slump
Even after China’s slowing economy dragged crude to a six-year low, oil’s second-biggest consumer remains the main safeguard against a further price meltdown.
Tyco agrees global rights deal for RigDeluge technology
Fire protection multinational Tyco has agreed a global rights deal with Aberdeen-based RigDeluge to produce and market its oil and gas safety systems.
Rugby World Cup will try the capacity of National Grid
Energy experts are predicting a surge in power demand as England take on Fiji in the opening game of the Rugby World Cup.
OGA chief opens Global Energy’s new quayside facility at Nigg
Oil and Gas Authority chief executive Andy Samuel visited the north of Scotland to attend the first ever Oil and Gas UK Fabricators Forum to be held in the Highlands.
Countries work together on cross-border marine energy plans
New proposals on the future of cross-border cooperation on marine energy supplies in the British Isles have been published.
Lukoil produces 30 billion cubic metres of gas in Uzbekistan
Russia's Lukoil has revealed it has cumulatively produced 30 billion cubic meters (bcm) of natural gas at its projects in Uzbekistan.
Statoil appoints new corporate spokesperson
Statoil has appointed a new vice president of media relations to take on the role of corporate spokesperson.
Swire takes delivery of its latest platform supply vessel
Shipowner and operator Swire Pacific Offshore Operations has taken delivery of its latest platform supply vessel Pacific Grackle.
Sinopec executive ousted from China’s Communist Party amid bribe claims
Chinese authorities outlined corruption allegations against a senior Sinopec executive as they expelled him from the ruling Communist Party and handed his case to prosecutors.
Suncor gains Norwegian drilling permit
The Norwegian Petroleum Directorate has granted Suncor Energy a drilling permit for a new wildcat well in the central North Sea.
ESS wins health and safety accolade
Aberdeen-based ESS Offshore Support Services has won a gold award for its approach to occupational health and safety.
FMC Technologies lands Statoil subsea deal for Johan Sverdrup
Subsea equipment specialist FMC Technologies has been awarded a NOK1.3billion ($161million) contract by Statoil for the Johan Sverdrup project in the North Sea.
Oil prices weak as OPEC targets market share
Oil markets were weak on Friday as fresh signs that OPEC will continue to value market share over prices outweighed expectations of a lift when the United States kept interest rates at historic lows.
APR Energy completes Africa power supply projects
Power producer APR Energy has completed two significant projects in Africa.