Aberdeen’s Well-Safe cuts up to 45 North Sea jobs
Well-Safe Solutions is planning cuts up to a tenth of its workforce as work to decommission North Sea platforms hits the doldrums.
North Sea
North Sea Oil and Gas
Harbour Energy pays 108% UK tax
The North Sea's largest independent operator said it is paying more to the UK tax man than it earns as it revealed its latest accounts for 2024.
Government confirms windfall tax to go in 2030 as consultation kicks off
The UK government has confirmed that the windfall tax is scheduled to end in 2030, and has launched a consultation on what its successor will look like.
Families to lobby for end of oil and gas extraction in UK
Families will gather in Westminster to lobby for an end to all new oil and gas extraction in the UK.
Shell upstream director Zoë Yujnovich to step down at end of March
Shell's integrated gas and upstream director Zoë Yujnovich will step down at the end of March after more than a decade at the supermajor, the company announced.
Orcadian sells 50% stake in HALO Offshore UK to IPC
North Sea operator Orcadian Energy has sold a 50% stake in HALO Offshore UK Ltd to power plant developer Independent Power Corporation (IPC).
All North Sea Posts
Poll: Scottish people back Aberdeen as home for GB Energy
People across Scotland have backed Aberdeen as the headquarters for GB Energy, the Labour Party’s proposed publicly-owned energy company, according to new figures released by advisory firm True North.
Wheels spinning on UK drilling as Norway races ahead
Well Slot is a monthly feature where Westwood’s Stephen Coomber looks at drilling activity and rig moves in UK and Norwegian waters.
General election is perfect opportunity to address IR35 tax rules
The upcoming general election is an opportunity to address flaws with off-payroll tax rules which "offshore contract workers have been hit hard by," Qdos said.
North Sea experts back ‘100 days to save North Sea jobs’ report
Investment bank analyst says energy profits levy is 'tax on certainty, a tax on confidence' as industry faces 'cliff-edge'.
Eni ranked most-admired explorer in Wood Mackenzie poll
Italian major Eni has been named the upstream industry’s most-admired explorer in Wood Mackenzie’s industry-leading annual Exploration Survey.
Viaro Energy in talks to buy Exxon, Shell North Sea assets
Independent energy producer Viaro Energy is reportedly nearing a deal to buy Shell and ExxonMobil’s jointly-owned gas fields in the southern North Sea.
Production restarts at Pierce field after six-month outage
Ithaca Energy (LON: ITH) has said that production has resumed at the Pierce field after a six-month production halt.
Ithaca appoints new CEO amid board and management shake-up
Ithaca Energy (LON: ITH) has proposed appointing Luciano Vasques as its new chief executive officer.
North Sea could produce another 5bn barrels – but only if it cuts carbon
The North Sea basin could produce another 5 billion barrels of oil and gas - but only if it can strip carbon pollution from its operations, the industry regulator has warned.
Next government has “100 days to save 100,000 North Sea jobs,” report warns
New research has warned that the next UK government will have just 100 days to restore confidence to the North Sea energy sector and save 100,000 jobs.
Subsea7 to supply Serica Energy with Belinda pipeline
Serica Energy (AIM: SQZ) has awarded Subsea7 a “sizeable” contract to supply a pipeline for the company’s Belinda field development south-east of the Triton FPSO.
Aramco aims to deepen UK ties at Energy Exports Conference
The European arm of Saudi national oil company Aramco is aiming to deepen UK supply chain ties at the Energy Exports Conference in Aberdeen next month.
Ofgem confirms 7% energy price cap cut
Ofgem has confirmed that that it will lower the energy price cap for domestic energy bills by 7% from 1 July to 30 September 2024 compared to the previous quarter.
RenewableUK, OEUK announce ‘energy skills passport’ prototype
Bodies from the oil, gas and offshore wind industry have reached an agreement to trial an ‘energy skills passport’ that will allow cross-sector recognition of industry training and expertise, according to a joint statement released by RenewableUK and OEUK.
Tories and Labour clash on energy policy as they battle for power
The Tories and Labour clashed on energy policy as the General Election campaign focused on the prospect of cheaper household bills.
Aberdeen’s Wood Group rejects third Sidara takeover bid
Aberdeen-headquartered engineering services firm Wood Group (LON:WG) has rejected a third improved takeover bid from Dubai-based Sidara.
Updated: Starmer calls for Scottish voters to help Labour’s path to power
Keir Starmer put Scottish voters at the heart of his campaign to become prime minister, urging them to vote for his opposition Labour Party to end the Conservative Party’s 14-year grip on UK power.
HSE warns ballast management flaws on Ithaca’s FPF1 put workers at serious risk
The Health and Safety Executive (HSE) has warned Ithaca Energy (LON: ITH) that flaws with how it manages the ballast systems on its FPF1 installation put workers “at the risk of serious personal injury or death”.
Decom Mission announces award winners
Four companies and individuals have been recognised at the seventh annual Decom Mission Awards.
HSE warns Dana over insufficient fire suppression inspections on Triton FPSO
The Health and Safety Executive (HSE) has raised concerns that Dana Petroleum is making insufficient inspections of the fire suppression system of its Triton floating production, storage and offloading (FPSO) vessel.
Tens of thousands of jobs in Scotland rest on a ‘just and fair’ energy transition – RGU
RGU report finds political and fiscal instability is hampering the UK energy transition.
OSSO helps recover usable oil from ‘crude oil sludge’
Aberdeen-based fluid control solutions specialist OSSO has helped recover 1,280 cubic metres of usable oil from ‘crude oil sludge’ as part of a decommissioning project.
Phoenix Decom repurposes 16,000 tonnes of concrete mattresses
Aberdeen-based decommissioning waste sector specialist Phoenix Decom has repurposed more than 16,000 tonnes of concrete subsea mattresses over the last 12 months.
Sureclean employee joins Emerging Leaders cohort in New Orleans
Oldmeldrum-based industrial cleaning specialists Sureclean sales & marketing co-ordinator Robbie Smith-Sinclair will join the inaugural Emerging Leaders Program at the 25th International Oil Spill Conference (IOSC) in New Orleans.
Union launches North Sea ‘no ban without a plan’ campaign
Unite campaign vows to not let oil and gas sectors "suffer the equivalent of coal closures".
