The Government’s Transport Select Committee recently published its report into offshore helicopter safety. It followed the deaths of four passengers when a Super Puma helicopter ditched into the North Sea on 23 August 2013.
The UK Government has pledged £10million for the current year to help businesses cut their energy costs and reduce demand for power.
President Vladimir Putin has lamented the latest round of US sanctions against Russia, saying they are stalemating bilateral relations and hurting not only Russian but also American businesses.
The owners of the giant terminal at Grangemouth have secured a £230million loan guarantee from the UK government to build a new facility to import shale gas.
Funding of £15million to help kick-start a new independent regulator for the North Sea oil and gas industry has been announced by the UK government.
Engineering firm Babcock is to create almost 400 new jobs under a £4.5million investment.
China Petrochemical Corp, known as Sinopec Group, has confirmed it will sell its oil machinery business.
With a softening rig market upon us, now is a good opportunity for operators to secure a rig for drilling projects and at a significantly lower cost than the high rates we have been seeing recently.
A Japanese nuclear plant has won preliminary approval for meeting stringent post-Fukushima safety requirements, clearing a major hurdle towards becoming the first to restart under the tighter rules.
Carbon captured from an industrial plant is to be used to produce omega-3 rich algae for fish feed in a project in Norway.
Constructing six tidal lagoons around the coasts to harness power from the tides would contribute £27 billion to the UK economy over 12 years, a report has suggested. Once built, the fleet of lagoons would supply 8% of the UK’s electricity and would contribute £3.1 billion a year over their 120-year life-time, the study by the Centre for Economics and Business Research (Cebr) said.
Subsea UK has appointed the managing director of Aker Solutions to its board.
Brent crude continues to trade near a three month low.
Oil and gas training body Opito has opened nominations for its inaugural skills awards.
The UK will fail to meet its targets to cut greenhouse gases over the next decade without stronger and more ambitious policies, the Government’s climate advisers have warned.
A rising international demand for north east oil and gas deal-makers' expertise is likely to grow global mergers and acquisitions (M&A) activity in the next 18 months, a survey by professional services firm KPMG has found.
The latest Ethiopian drill for Irish explorer Tullow Group has brought disappointing results.
The Intervention and Coiled Tubing Association (ICOTA) has made a call for abstracts in the run-up to the 20th European Well Intervention Conference.
More than 20 community projects in London, East Anglia and the South East have been awarded grants totaling £180,000.
Pipeline solutions firm Pipelines 2 Data (P2D) has celebrated the opening of its upgraded premises with a high-profile visit.
Roc Oil Co., the Australian explorer planning to combine with Horizon Oil Ltd. to create an A$800 million ($751 million) company, said it will consider whether two takeover offers it received are genuine.
Shale gas produced in the UK could provide more than a third of the nation’s gas supplies within 20 years, a report has found.
Transport minister Stephen Hammond has refused to commit to a full public inquiry into helicopter safety within the offshore oil and gas industry.
Ezra Holdings Ltd. plans to sell marine assets to Oslo-listed affiliate EOC Ltd., people familiar with the matter said.
Some 50 bodies have been found in Iraq, many of them blindfolded and with their hands bound, raising concerns over a possible sectarian killing amid the battle against a Sunni insurgency.
