High gas prices and low temperatures see Statoil’s profits climb
Higher gas prices and dipping temperatures have seen Statiol’s profits climb. Norway’s biggest energy company posted a 32% rise in profit for its first quarter take home figures.
New research aimed at turning drilling mud green
Robert Gordon University researcher Urenna Ekeh has developed an eco-friendly demulsifier aimed at turning by-products of oil and gas drilling into environmentally-friendly components.
‘Walk to work’ poll results revealed
After revealing Vroon’s new ‘walk to work’ concept, Energy Voice asked for your preference.
Xero Energy’s report highlights issues for major renewable project
A new report has a identified a series of necessary actions to unlock the energy potential of the Western Isles, Orkney and Shetland Islands. The report, prepared by independent consultants Xero Energy, found a number of findings critical to the renewable energy projects on the three Scottish island groups.
BP to keep investing in Rosneft despite US shun
British oil major BP said it intends to remain a long-term investor in Russia's Rosneft following a decision by the United States government to impose sanctions against the head of the Russian energy company.
Sinopec’s profits fall
China Petroleum & Chemical Corp., Asia’s biggest refiner, reported a 15% decline in first quarter profit.
OptaSense’s technology used in combat zones and exploration sectors recognised
Technology designed for offshore installations and adapted for warfare has captured the attention of the Royal Academy of Engineering. OptaSense technology, dubbed the ‘Earth’s Nervous System’, was shortlisted for the Royal Academy of Engineering MacRobert Award is the UK’s longest running national prize for engineering.
Updated: BG Group’s chief executive resigns
BG Group’s chief executive Chris Finlayson has resigned with immediate effect.
Scots pupils offered industry taster
North-east school pupils are being invited to apply for a free week-long taste of what a career in the oil and gas industry is like.
Kenya readies for new exploration licencing round
Kenya will resume issuing licences for exploration of new oil blocks once the new petroleum laws are in place.
PTC celebrates five years of growth
Oilfield technology firm Petroleum Technology Company (PTC) has expanded its UK North Sea operations team to more than 30 and boosted turnover to more than £8million, as it marks five years based in Aberdeen.
Genel Energy to fund further field development
Genel Energy is set to issue $400miilion in unsecured bonds.
Songa Offshore forms South East Asia joint venture
Songa Offshore confirmed it has forged a joint venture with Opus Offshore Group for its South East Asia operations.
Sterling Energy’s Cameroon well comes up dry
Oil and gas exploration firm Sterling Energy’s first exploration well in Cameroon has come up dry.
Neste Oil’s operating profits tumble amidst a ‘weak market’
Neste Oil’s interim report shows tumbling first quarter profits
Aubin forms Middle Eastern technology partnership
Aubin Group has forged a Middle East partnership in a bid to provide pioneering technology.
Hess sells Thailand oil and gas assets
Hess will use the buyout funds to continue repurchasing shares under its existing $4 billion authorisation.
BP’s Shah Deniz Stage 2 contract spree continues
The Shah Deinz Stage 2 contract spree continues, after Baku Shipyard secured a contract win worth $378million. BP Exploration, which operates the Shah Deniz gas field development, brought in Baku Shipyard to design and build the Subsea Construction Vessel (SCV).
TGS to carry out 3D survey of formerly disputed Norway-Russia zone
TGS will begin an in-depth 3D survey in the Norwegian Barents Sea, including the formerly disputed Norway-Russia zone.
Wood Group lands £7.1million contract for new energy plant in Texas
Wood Group has picked up a £7.1million contract to manage new energy plant in Texas.
Subsea company lands slice of major Canadian project
A subsea engineering company has landed a slice of a £8.3 development project offshore Canada.
Brother of Super Puma crash victim renews calls for prosecutions over fatal accident
The brother of a man killed in a North Sea helicopter crash spoke of his family’s “five years of heartache” as he renewed calls for the operator to be prosecuted.
Kentz lands £74million Kuwait contract
Oil engineering group Kentz has landed a £74million deal to support Fluor's operations in Kuwait.
Ocean Installer awards contract just days after its own win
Ocean Installer has awarded a £500,000 pipe installation contract just days after landing its own deal.
Heavyweights Aker and Baker Hughes to form subsea production alliance
Aker Solutions and Baker Hughes are have forged a joint venture in a bid to develop technology focused on boosting output, increasing recovery rates and reducing costs for subsea fields.