Power Moves: Archer’s new VP and more
Ingrid Huldal has joined Archer Well Services as vice-president for UK, Africa and Caspian as the company aims to strengthen its presence in late-life asset support and energy transition markets.
North Sea
North Sea Oil and Gas
Trump tariffs bite down on UK energy shares
Global share prices have fallen after US president Donald Trump introduced sweeping tariffs on a vast range of the country’s trading partners.
Aberdeen’s Imrandd renews data analysis deal with Apache North Sea
Aberdeen-based data specialist Imrandd will continue providing data analytics to Apache North Sea after renewing their contract with the group.
Ineos completes USA acquisition as Ratcliffe calls for North Sea rethink
Ineos Energy announced the completion its acquisition of CNOOC Energy Holdings USA’s assets in the US Gulf of Mexico.
Visibility was ‘patchy’ when container ship hit oil tanker, investigators say
Visibility when a container ship hit an oil tanker in the North Sea last month was "patchy," an investigation has found.
North Sea merger mania: is ‘the writing is on the wall’?
Recent transactions have hinted of a new shape taking place based on current commercial realities and around three key North Sea fields.
All North Sea Posts
Power Moves: Archer’s new VP and more
Ingrid Huldal has joined Archer Well Services as vice-president for UK, Africa and Caspian as the company aims to strengthen its presence in late-life asset support and energy transition markets.
Trump tariffs bite down on UK energy shares
Global share prices have fallen after US president Donald Trump introduced sweeping tariffs on a vast range of the country’s trading partners.
Aberdeen’s Imrandd renews data analysis deal with Apache North Sea
Aberdeen-based data specialist Imrandd will continue providing data analytics to Apache North Sea after renewing their contract with the group.
Ineos completes USA acquisition as Ratcliffe calls for North Sea rethink
Ineos Energy announced the completion its acquisition of CNOOC Energy Holdings USA’s assets in the US Gulf of Mexico.
Visibility was ‘patchy’ when container ship hit oil tanker, investigators say
Visibility when a container ship hit an oil tanker in the North Sea last month was "patchy," an investigation has found.
North Sea merger mania: is ‘the writing is on the wall’?
Recent transactions have hinted of a new shape taking place based on current commercial realities and around three key North Sea fields.
NEO Energy seeks contractors for Donan, Balloch and Lochranza decommissioning
NEO Energy has released five tenders seeking contractors to help decommission its Donan, Balloch and Lochranza fields, along with the Global Producer III floating production offloading and storage (FPSO) vessel.
Triton FPSO downtime weighs on Serica Energy’s 2024 results
Serica Energy’s 2024 results have been weighed down by ongoing issues on the Triton floating production offloading and storage (FPSO) vessel.
Blueprint revealed to save North Sea industry and secure Aberdeen’s future
A new blueprint to save the North Sea as an industrial base for the future warns the window of opportunity is “closing fast”.
Wood shares plunge as report reveals ‘weaknesses and failures’
Wood shares have plummeted further after a review of contracts from prior years identified "material weaknesses and failures" in the financial culture of the Aberdeen-headquartered firm, the company has revealed.
The North Sea: A critical crossroads for UK energy and economic future
The North Sea has long been the backbone of Britain's energy security and economic prosperity.
Hunting brings in $38m subsea contract haul
Precision engineering group Hunting has added three fresh contracts worth around $38 million to its subsea technologies sales order book.
Swiss engineering firm chooses Aberdeen for first UK base
Swiss technology and engineering firm Rosenxt is to open its first UK office in Aberdeen.
North Sea operators NEO Energy and Repsol to merge UK operations
Oil and gas producers NEO Energy and Repsol Resources UK have announced a "strategic merger" across their North Sea operations.
EnQuest reports drop in production and revenues across 2024
North Sea operator EnQuest (LON: ENQ) has reported a drop in production and earnings across 2024 as the company released its full-year results.
Protest at Royal Courts of Justice underscores climate impact of big oil
There were scenes of protest today outside the Royal Courts of Justice on the Strand, as oil and gas licences in the North Sea came up for review.
Fire ravaged North Sea cargo ship towed to Aberdeen this week
The Solong collided with the Stena Immaculate in the North Sea two weeks ago.
Ithaca Energy says it has ‘revitalised’ North Sea Cambo project
North Sea operator Ithaca Energy (LON: ITH) says it has "revitalised" its controversial Cambo oil field project following its tie-up with Italian firm Eni.
Marine conservation group launches High Court challenge over North Sea oil and gas licences
Oceana UK will argue the previous Conservative government's decision to issue new oil and gas licences will do "deep and lasting harm to marine wildlife and climate stability".
Ashtead Technology sees 2024 revenues grow on the back of M&A strategy
Aberdeen’s Ashtead Technology saw revenue growth of 52% for 2024, driven largely by the company’s mergers and acquisitions strategy.
Ithaca expands Seagull holding with JAPEX UK purchase
Ithaca Energy has acquired JAPEX UK (JUK) from its parent company, gaining the company’s 15% interest in the Seagull oil field.
North Sea could produce half of all UK oil and gas in run up to 2050 – report
The North Sea could produce about half of the oil and gas the UK will need in the run up to 2050 - but only if new projects can be developed, industry chiefs have said.
Reeves backs Jackdaw and Rosebank developments in North Sea
UK Chancellor Rachel Reeves has indicated the Jackdaw and Rosebank oil and gas developments in the North Sea will go ahead despite a court ruling invalidating their approval.
Wood extends deadline for Sidara to make firm takeover bid
Aberdeen-based oil services group Wood has extended negotiations with Dubai-based Sidara to take over the company.
Petrofac share trading to be temporarily suspended from May
Trading in the Petrofac’s shares will be temporarily suspended from 1 May 2025 after the company decided to defer publishing its audited annual results for 2024 as it pushes on with a planned restructuring.
