The Centrica Interview: Chris O’Shea, chief executive officer
In our exclusive interview, Centrica boss Chris O’Shea discusses his green ambitions for Britain's multinational energy company.
Oil & Gas
Dolphin Drilling awarded $100m in Nigeria court case
North Sea drilling rig operator Dolphin Drilling (OSLO:DDRIL) has secured a "positive outcome" in its arbitration case against General Hydrocarbons Ltd in Nigeria.
TotalEnergies spudded Culzean well to close out 2024
Well Slot is a monthly feature where Westwood’s Stephen Coomber looks at drilling activity and rig moves in UK and Norwegian waters
Red Zone monitoring on offshore rigs: a sea change in safety and collaboration
2024 has been a transformative year for offshore oil and gas safety, with Red Zone monitoring becoming a cornerstone of operational best practices.
Leading environmental and social sustainability efforts in the energy sector
Although the global energy sector has seen significant steps forward in the energy transition within the past few years, there is still a long way to go to meet key net zero goals across renewables and the traditional oil and gas market.
Centrica prepared to ‘walk away’ from Sizewell C
British energy supplier Centrica is prepared to “walk away” from a planned investment in the Sizewell C nuclear plant, according to its chief executive.
Petrofac reaches binding agreement with creditors on financial restructure
North Sea energy services firm Petrofac has entered into a binding agreement with key financial creditors on the terms of a comprehensive financial restructuring plan.
Montrose joins list of Repsol assets to stop production
Repsol has confirmed it is carrying out maintenance at its Montrose platform as the asset joins the operator's list of projects to stop production.
Engie plans green gas plant in Yorkshire to reduce ‘reliance’ on imports
French energy supplier Engie plans to develop a 'green' gas plant in North Yorkshire that will play a role in “reducing reliance on imported natural gas”.
Aberdeen’s READ Cased Hole acquired by Norwegian investors in multi-million pound deal
Aberdeen-headquartered well integrity services firm READ has been acquired by a group of Norwegian investors in a multi-million pound deal.
Power Moves: New board member at Port of Aberdeen and more
Gillian King has become a non-executive board member at the Port of Aberdeen, effective 6 January 2025.
Unite union agrees recognition deal with Repsol at Flotta terminal in Orkney
The Unite union has signed a recognition agreement with Repsol Resources UK covering workers at the Flotta oil terminal in the Orkney Islands.
Aberdeen’s Mermaid Subsea plugs 30 North Sea wells in 2024
Aberdeen-headquartered Mermaid Subsea Services UK has successfully plugged and abandoned (P&A) 30 wells in the UK North Sea using the Island Valiant vessel.
Will 2025 be a tipping point for digital innovation in the energy industry?
The energy industry is way behind the digital curve, despite having every financial and intellectual advantage – and an existential demand for rapid change. Will that change in 2025?
North Sea crane failure results in worker concern of ‘no food for Christmas’ at Captain
Ithaca’s (LON: ITH) wellhead protector platform on the Captain field in the North Sea has suffered a crane failure which has led to drilling crews being evacuated.
Altrad growth steadies in 2024 after multiple acquisitions
French engineering giant Altrad has recorded lower revenue growth in 2024 after completing multiple acquisitions in recent years of "transformative growth".
Europa cancels Whisby oil royalty agreement
Europa Oil & Gas (AIM: EOG) has terminated a royalty agreement covering the Whisby 4 well with BritNRG, the Whisby field operator and licence holder.
Competence vs complacency: why assuring ongoing technical competence is safety-critical
“I’ve been working on the tools for decades, why should I have my competence checked.”
EnQuest secures additional Malaysian gas resources
UK energy company EnQuest (LON:ENQ) has been awarded the rights to develop additional resources from its Seligi field gas resources in Malaysia.
Orcadian Energy says North Sea needs clarity not ‘punitive taxes’
Orcadian Energy (AIM:ORCA) has warned that “punitive taxes” from the government risks undermining the UK’s oil and gas industry.
Ineos makes third major US investment in three years with deepwater purchase
Ineos Energy has acquired the Gulf of Mexico business held by CNOOC Energy Holdings USA, the company’s third major US investment in the past three years.
Repsol shuts down Bleo Holm FPSO for maintenance
Repsol has shut down the Bleo Holm floating production, storage and offloading (FPSO) vessel for maintenance.
Power Moves: New Centurion CEO and more
Euan Leask has been promoted to CEO of Dyce-based rentals and services supplier Centurion Group.
Safewell to ‘continue its growth journey’ after doubling turnover since 2022
Aberdeenshire-based safety firm Safewell has doubled its turnover, and it expects to “continue its growth journey” next year.
North Sea decommissioning expansion facing ‘speed bumps’, report finds
The North Sea is unlikely to see rapid growth in decommissioning due to several "speed bumps" slowing the shut down of assets, according to analyst firm Wood Mackenzie.