Maier says GB Energy could create 300 jobs in Aberdeen
GB Energy chairman Jurgen Maier has pledged that the state-owned energy company will create up to 300 jobs at its new headquarters in Aberdeen.
Oil & Gas
New solutions needed to drive North Sea decommissioning
Decommissioning represents a vital transitional phase for the North Sea oil and gas industry.
“I was embarrassed to be an apprentice but there should be more like me”
When I was 16 years old, I left school and began an apprenticeship, working my way up the career ladder and later earning my A-levels and an MBA. Despite the opportunities I enjoyed, I actually spent a lot of my career embarrassed that my start was different than other people’s and I didn’t see many people with a similar background at an executive level.
EnQuest warns of hit to 2024 production due to Ninian outage
EnQuest (LON:ENQ) has warned that the unplanned outage at the Ninian Central platform will affect its expected output for the year.
North Sea operators urged to show ‘commitment’ to UK decom supply chain
The North Sea regulator has urged operators to show "commitment" to the UK supply chain to increase local content in decommissioning.
A bird in the hand: How falcons are assisting North Sea decom
Falcons are supporting firms to decommission oil and gas assets in the North Sea, not by supporting those working at heights but by moving along birds who have nested.
Viaro boss denies ‘vexatious’ lawsuit and theft claims
The boss of a North Sea independent producer in the process of buying assets from Shell (LON:SHEL) and Exxon (NYSE:XOM) has hit back at claims he forged documents to steal millions from a previous employer.
Construction begins on £9m Aberdeen renewable energy incubator
Construction has started on a new energy incubator to help Scotland develop and manufacture green energy technologies and scale-up the companies behind them.
J+S Subsea expands on offering its recycled North Sea treasure trove
Aberdeenshire’s J+S Subsea has opened the doors of a new facility as it targets growth and looks to become a credible competitor to tier one North Sea suppliers.
Three60 wins multi-million-pound North Sea decom deal
Aberdeen-based energy services firm Three60 Energy has won a major decommissioning contact in the North Sea.
Buchan floating wind farm to open fresh consultation
The developers of the Buchan floating offshore wind farm will hold a second round of consultations on the project.
UK spent ‘more money doing less’ on decommissioning in 2023
Rising costs meant North Sea operators spent "more money doing less work" on offshore decommissioning in 2023, according to an industry report.
The solution to the energy recruitment crisis that everyone ignores
Make more people want to work for you using digital innovation… but probably not how you think.
Aberdeen’s Well-Safe Solutions secures £20m in North Sea decom contracts
Well decommissioning specialist Well-Safe Solutions has secured two contracts with North Sea operators worth $25 million (£19.8m).
Subsea firm Tekmar wins £1.5m contracts in Middle East
North East England-based Tekmar Group (AIM: TGP) has announced it has won contracts worth over £1.5 million with customers in the Middle East.
Petrofac extends loan payment ‘forbearance’ once again
Beleaguered oil field services group Petrofac (LON:PFC) has struck a deal to delay payment to lenders another month as the debt-burdened firm continues its restructuring plan.
Rosebank axing would cost jobs and money, court hears
A landmark hearing concluded Friday that will decide the future of Rosebank, the UK’s largest undeveloped oil field.
Ocean Winds installs final turbine at Moray West
Ocean Winds has installed the 60th and final wind turbine at its Moray West offshore wind farm in the Moray Firth.
World leaders at COP29 agree ‘international carbon market standards’
Commitments at this year’s UN climate talks are ramping up fast, though the conference in oil-producing Azerbaijan has been mired in controversy.
Elemental Energies and Archer team up for decom JV
Aberdeen’s Elemental Energies and Archer have formed a joint venture to pick up plugging and abandonment work in the North Sea as decommissioning spending is set to double.
Deltic shares surge on ‘highly encouraging’ Shell backing for Selene well
Shell (LON:SHEL) has given the green light to the next stage of a gas discovery in the Southern North Sea, delivering a shares boost for its partner Deltic Energy (AIM:DELT).
Aberdeen firm Plexus wins $1 million order in the Middle East
Plexus Holdings PLC (AIM:POS) has won a deal to supply its wellhead equipment to an an offshore gas exploration project in the Middle East.
Deltic contemplates Selene stake farm down to reach FID
As the windfall tax bites, Deltic Energy’s new CEO Andrew Nunn explains how his attention is turning overseas.
Courts to decide if petrol emissions are death knell for UK’s largest oil field
A hearing in the Scottish courts this week will decide if planning consent for the UK’s largest undeveloped oil field, and a mature gas basin in the North Sea, will be blocked due to emissions produced by end-use petrol and gas customers.
DeepOcean, Exceed partner on P&A services for decommissioning market
Norwegian ocean services provider DeepOcean and Aberdeen-based well management firm Exceed Energy have entered into a collaboration agreement to supply vessel-based well plug and abandonment (P&A) services. These will be offered to the decommissioning market globally.