Hiretech Limited has taken a positive approach to the recent turbulent oil and gas industry conditions, using the opportunities presented to significantly strengthen its position in the offshore pumping rental markets.
Since first gas flowed from the Southern North Sea (SNS) in the mid-1960s, the basin has developed and delivered strong gas production through a diverse network of offshore platforms, pipelines and onshore terminals. It has been well exploited and inevitably, the opportunity to identify and develop large “landmark” discoveries is increasingly limited.
North Sea industry may find that it is ill-equipped to capitalise on rising oil prices following two years of stripping out costs.
A North Sea chief said today that UK taxpayers would side with industry ahead of green groups on the subject of decommissioning.
A newly merged trans-Atlantic subsea partnership between two companies has secured a contract in North Africa - a region which neither firm had operated in previously.
A new subsea business has opened an office in Aberdeen with the creation of 30 jobs - and another 150 posts in the pipeline by the end of 2017.
Doom-mongers who warned of the North Sea’s demise got their predictions all wrong, an industry boss has said.
Ashtead Technology is launching a new service to increase efficiency and drive down the risk and cost associated with offshore operations.
In this latest Q&A, WeSubsea discusses what it’s like to operate in downturn, where they’re targeting growth and what’s next in line for the firm.
It was during the 2016 Offshore Technology Conference in Houston that Energy broke the news that M2 Subsea was being put together to compete in the ROV (remotely operated vehicle) and related services marketplace.
Subsea UK’s chief executive said North Sea operators and suppliers need a relationship based on “trust, respect and value” if they are to accelerate the sector’s recovery.
As UKCS capital investment continues to collapse – the 2017 forecast is £5.7billion – and backlogs evaporate, pressure on the subsea community remains intense. Jeremy Cresswell caught up with Subsea UK’s CEO Neil Gordon.
Innovative oil and gas technologies and the research capabilities of Scottish Universities will be highlighted at this week's Subsea Expo by the Oil & Gas Innovation Centre (OGIC).
Industry chiefs will discuss how tapping small pools can give the North Sea a new lease of life at an event in Aberdeen next month.
When looking at oil price trends over the years since the 1920s, it becomes apparent that apart from the cyclical spikes every few years, $100 plus was never going to be the norm. However, we became complacent in that unprecedented period of sustained, high oil price and the thought of living in $50 - $55 oil seemed unthinkable in 2014.
Industry body Subsea UK has unveiled the finalists who are in the running to triumph at its 2017 business awards.
An event is being held for former oil workers who have been made redundant amid the continued downturn.
A Western Australian official said yesterday that the region intends to learn from the North Sea’s approach to decommissioning.
Western Australia is not the cure for all of the North Sea’s economic woes, but there are plenty of opportunities to be had in its offshore gas market, officials said yesterday.
Aberdeen Young Professionals (AYP), the local talent network for young professionals working in and around the city, has announced the launch of its inaugural AYP Ball.
The Aberdeen, Highlands and Islands branch of the Energy Institute (EI) has lined up two prestigious speakers for its annual dinner next year.
Multimillionaire Aberdeen businessman Jim Milne has added to an already impressive haul of honours by winning Entrepreneurial Scotland’s entrepreneur of the year title.
North-east energy service businesses declared the arrival in Aberdeen of the UK's foremost lifting industry event a triumph.
The UK's foremost annual conference for the lifting industry got under way in Aberdeen yesterday in what is set to be a record-breaking year for the event.
Solar-powered luminous trees, kinetic energy tiles in the home and washing machines that use rain water were among the ideas to light up an event in Aberdeen yesterday.