Production at 15-year high, but value of North Sea oil at record low
The value of Scottish North Sea oil and gas has slumped by almost a quarter to reach the lowest total recorded since 1999, new figures have revealed.
PSV woman dies offshore
A woman has died after being hit by the water from a fire hose offshore Brazil.
FTSE 100 index drops slightly as inflation remains at 0.6%
Sterling moved erratically and the FTSE 100 remained in negative territory following inflation figures showing consumer prices dodging the effects of a weaker pound in August.
Marathon contractor dies after scaffolding collapse
A Marathon Petroleum contractor has died after a section of scaffolding collapsed at the company’s Galveston Bay Refinery in Texas.
Nicola Sturgeon urges UK to tackle ‘uncertainty’ over marine energy
Nicola Sturgeon has called on the UK Government to end uncertainty around subsidies for marine energy projects.
North Korea capable of another nuclear test at any time, says Seoul
North Korea is capable of detonating another nuclear device at any time at the country’s main test site, South Korea has said, three days after Pyongyang carried out its fifth atomic bomb explosion.
Economic growth predictions cut amid Brexit vote aftermath
A leading business group has downgraded its forecast for economic growth amid predictions of a “sharp slowdown” in the aftermath of the EU referendum result.
National Grid boss to start retirement with £11,000 a week pension
Retired National Grid boss Steve Holliday will start retirement with a £11,000 a week pension.
Iran starts to build second nuclear power plant
Iran has begun building its second nuclear power plant with Russian help, the first such project since last year’s landmark nuclear deal with world powers.
A Shell North Sea exit could net the firm $1bn, according to UBS
A “radical” move to ditch its core North Sea assets would see Shell net $1billion in two years, according to UBS.
Dip in oil tax leads to Norway’s first deficit in 20 years
A dip oil tax revenue has led to Norway’s first budget deficit in 20 years.
Promoted: SAFEHOUSE’s new generation of power tools saves time and money
A new generation of power tools which eliminate risk and save time and money in hazardous environments has been launched by a pioneering Scottish company.
Hinkley Point decision delay due to the way I operate, says Theresa May
Theresa May has defended the delay on whether to give the go-ahead to Hinkley Point despite the diplomatic difficulties it will cause during her visit to China.
Promoted: SAS – your Airline for flights to Scandinavia and beyond
Scandinavia is our home and we have 29 flights a week from Aberdeen to Copenhagen, Stavanger and Oslo. Within Scandinavia we offer a very extensive route network covering most destinations in Northern Europe.
Stork awarded esteemed ‘Operational Excellence’ accolade
Stork, a Fluor company, has won the ‘Operational Excellence’ award at Technip’s 8th Annual Suppliers Day held in Oslo, Norway. This award acknowledged Stork’s commitment to the supply of subsea machining and bolting equipment including Subsea Bolt Tensioning, Subsea Hydraulic Torque Tooling, Subsea Nut Splitting and Subsea Hydraulic Equipment.
Blaze Manufacturing Solutions launches advanced flexible pipe system at ONS
A leading provider of fire control and safety solutions has launched its new flexible pipe solution at this year’s ONS Exhibition and Conference.
Opinion: No more referendums – just get Scotland back to work
Earlier this week, oil and gas industry leaders gathered in Aberdeen for a breakfast briefing on the future funding of exploration and production in the North Sea. The message was clear: there are funders out there, and public agencies can help, but tough times call for new ways of attracting investment if the industry is to prosper.
Businesses in plea for help for growth after GERS report
Industry bodies have called for action to help businesses grow and become more competitive in light of the latest spending and revenue figures.
Refloated Transocean rig arrives at temporary location for damage inspection
A 17,000-tonne oil rig that ran aground in the Outer Hebrides and was later refloated has completed its 54-mile journey to a temporary location.
Nuclear police seek retirement at 60 ruling
Representatives of the Civil Nuclear Constabulary (CNC) are going to court to seek a ruling that means officers can retire at 60.
World Energy Forum dates set for NYC
More than 2,000 world leaders, corporate executives and trade delegates are expected to attend the World Energy Forum 2016 in New York City from October 19-22, 2016. Heads of state, government ministers and ambassadors from more than 150 countries will join corporate leaders, associations, academics, and financiers to discuss the roles of business and government in providing universal energy accesspart of the United Nation’s 2030 Agenda for Sustainable Development.
Operation to refloat Transocean’s grounded oil rig ‘should start before Tuesday morning’
Officials hope to attempt to refloat the oil rig grounded on the Western Isles within the next three days.
Families who do not switch energy supplier pay £300 more a year, survey found
The third of UK households who have remained loyal to the same energy supplier for at least five years have spent £18.7 billion more than they needed to, figures suggest.
More details for salvage plan for stricken Transocean oil rig to be revealed today
Further details of the salvage plan surrounding the oil rig which grounded on the Western Isles are expected to be revealed at a public meeting.
Sex attacker sent abuse photos to offshore man
A WOMAN took pictures of herself abusing a young boy – then sent them to a supervisor on a North Sea oil platform