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.
North Sea
North Sea Oil and Gas
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.
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.
All North Sea Posts
Sarens PSG creates 25 jobs with Aberdeen ‘centre of excellence’
The heavy lift company has credited establishment of GB Energy for its Granite city move
OEUK hosts ‘the largest Awards event we’ve had for a decade’
Offshore Energies UK (OEUK) held its awards show on Thursday night as CEO David Whitehouse boasted the trade body's biggest event "for a decade".
Aberdeen-based pioneers Proserv and Verlume power up partnership
Two pioneering technology firms from Aberdeen are combining forces to serve subsea energy producers, particularly those looking to extend the life of offshore oil and gas assets.
Harbour kicks off production at Talbot
Harbour Energy (LON: HBR) has commenced production at its Talbot development in the UK North Sea.
Scottish ports prepare for delayed wave of billions of inward investment
Scottish ports are preparing to be hit by waves of investment worth billions of pounds as the UK continues to chase targets to reach net zero energy production.
Trust and transparency make ‘Mission Impossible’ possible
Global Underwater Hub chief executive Neil Gordon discusses the challenge of securing effective subsea collaboration among oil and gas operators.
Legacy wells and the fight against methane emissions
Methane emissions pose a major threat to the world’s climate change goals as the hydrocarbon is a greenhouse gas many times more damaging than carbon dioxide.
Harbour Energy’s Gilderoy well considered a commercial discovery
Well Slot is a monthly feature where Westwood’s Stephen Coomber looks at drilling activity and rig moves in UK and Norwegian waters.
Serica relief as North Sea tax regime offers ‘opportunities’
Independent North Sea producer Serica Energy (AIM: SQZ) welcomed changes made to the UK's offshore oil and gas tax regime in its most recent update.
Parkmead confirms ‘discussions’ over sale of North Sea assets
Parkmead Group (AIM:PMG) boss Tom Cross confirmed he is "in discussions" over the sale of the firm's North Sea assets as the energy group turns its focus to renewables and international markets.
Dozens evacuated from Harbour North Sea rig
Harbour Energy (LON:HBR) has had over 50 personnel evacuated from a rig operating in the J-area after it was hit by a nearby supply vessel.
North Sea regulator issues largest ever fine to Repsol
The UK offshore regulator has issued a £350,000 fine to operator Repsol Resources for "unreasonable practice" which led to a shut-in at the Flyndre field in 2020.
Jake Molloy on how death of colleague inspired mission to save North Sea lives
Former RMT union boss and offshore health and safety campaigner Jake Molloy talks about the ‘wild west’ days of the North Sea oil and gas industry.
Petroineos dismisses Grangemouth bid from Dubai trader as not viable
A UAE-based firm has confirmed an offer to buy the Grangemouth refinery in Scotland, but current owner Petrineos said it is not a "viable bid".
Aberdeen’s HPR pushes into world’s largest offshore wind farm job
An Aberdeen subsea robotics company is powering up the world’s biggest offshore windfarm after moving into the renewables market.
Ithaca hands $200m to shareholders following ‘combination’ with Eni
The North Sea firm also confirmed controversy-hit Rosebank field was on track for first oil in 2026/27
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.
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.
