Seadrill clears first Chapter 11 hurdle
Seadrill has cleared the first Chapter 11 hurdle.
Seadrill has cleared the first Chapter 11 hurdle.
Hurricane Energy this morning confirmed it had made the final investment decision (FID) on its early production system (EPS) for its fractured basement Lancaster field.
Bahamas Petroleum said it was "actively pursing all avenues" to find a funding partner for its operations.
Angus Energy has kickstarted its drilling onshore in the Lidsey Oil Field near Bognor Regis.
SOCO's chief executive said its "tenacity" during the downturn had paid off in the form of shareholder dividends.
Empyrean Energy today said its Dempsey 1-15 well in the Sacramento Basin, onshore California, has shown "further significant gas shows".
Archer has landed a plug and abandonment (P&A) with Repsol.
Apache has launched an investigation into its Beryl Bravo platform after smoke was detected from a gas turbine, it was today confirmed.
The box chart below shows the average drilling difficulty (on a P50 basis) of offshore wells drilled in the North Sea basin from 2000 to 2016. The data suggests that the average drilling difficulty hasn’t changed very much over the last 2 decades – it has been relatively flat. The Rushmore Drilling Index (RDI) is a measure of the difficulty of drilling a well and is used for normalisation purposes. The numbers in parenthesis represent the number of wells that were drilled to Total Depth in a given year.
The boss of the world's biggest tidal energy project today warned of the potential "travesty" facing the UK if did not even the renewables stakes.
Shell’s CEO has drawn on his experience to remove the “downstream albatross” from around the firm’s neck and revamp its upstream offering.
Jersey Oil & Gas (JOG) said a North Sea sidetrack was "unlikely" after disappointing drilling results.
With the North Sea topping the global industry with women leadership, Energy’s new series highlights those forging the path ahead for the sector.
The North Sea industry has turned a critical corner, according to industry veteran Sir Ian Wood.
The Oil and Gas Authority's (OGA) chief executive has 900 million barrels in his direct line of sight.
The first cargo load of oil is expected to be lifted from the Kraken FPSO in the next few days, Enquest this morning confirmed.
Fire safety systems supplier Blaze Manufacturing Solutions is plotting a route back to its heyday after diversifying to beat the downturn.
The North Sea must "earn its right to grow", Shell's chief executive Ben van Beurden this morning said.
BP's chief executive is looking to streamline its North Sea costs to $12 a barrel.
There is still a "considerable and compelling prize" to be won in the North Sea, according to the Oil and Gas Authority (OGA) chief executive.
As the North Sea looks to unlock future development potential, Oil and Gas Authority (OGA) chief executive Andy Samuel emphasized the need to hone its decommissioning abilities, helping position the region at the forefront of the emerging and developing sector.
In a throwaway comment, Ben van Beurden found himself front and centre on the national media’s radar.
Like everyone in Aberdeen, and probably the wider industry, I’ve awaited Offshore Europe 2017 with a certain level of trepidation that it will struggle to live up to previous years – particularly given cutbacks by many companies and the fact that many more are no longer in existence.
Energy editor Rita Brown heads to the Hague to hear exclusively how Shell’s chief executive has viewed the last three years since the oil price crash
A North Sea retreat is not on the cards for Shell, according to its chief executive.