Wood signs trio of new agreements with old customer BP
Energy services firm Wood (LON:WG) confirmed is has won three new contracts with BP (LON:BP), extending a decades-long relationship between the two firms.
Oil & Gas
Equinor and Shell join forces to form ‘UK North Sea’s biggest independent producer’
European supermajors Equinor (OSLO: EQNR) and Shell (LON:SHEL) are set to combine their UK offshore oil and gas assets to form the UK's largest oil and gas operator.
After brief stint of production Triton FPSO shuts down again
Dana Petroleum's Triton FPSO has shut down production again after "a limited resumption of production" last week.
Bank giant ING optimistic about investment ‘greeniums’ next year
Sustainable finance could deliver a premium as banks retrench from fossil fuels: ING expects greater clarity on energy transition finance next year.
Drax CFO to retire and ‘spend more time with my family’
Andy Skelton, CFO of Drax (LON: DRX), has announced that he will retire after his firm finds his replacement.
North Sea operator Orcadian Energy acquires shares of HALO
North Sea operator Orcadian Energy (AIM:ORCA) has acquired the shares of HALO Offshore UK Ltd from the joint liquidators of Hague and London Oil plc (HALO).
2024 is one for the ‘Horrible Histories’ books
I think it’s not unreasonable to say that 2024 has been a landmark year.
Step Change in Safety and Empirisys to use AI to ‘Boost’ safety offshore
Trade body Step Change in Safety has launched a new addition to its offshore automated observation system through a collaboration with data specialist, Empirisys.
Aberdeen’s OEG seeking up to £100m in acquisitions a year
Aberdeen's OEG Energy Group has bought up 14 businesses in the last four years and boss John Heiton aims to maintain the pace.
Hartshead starts spending on North Sea project after budget ‘clarity’
North Sea operator Hartshead Resources (ASX:HHR) is progressing the first phase of its Anning and Somerville after receiving "clarity" from the UK budget.
ScottishPower offers ‘lifeline’ to Grangemouth workers facing redundancy
Spanish-owned ScottishPower said its aim to deliver 1,000 jobs in 2025 will offer a “lifeline” for Grangemouth workers who face redundancy.
EnQuest offers up work to remove ‘debris’ from Heather field
EnQuest has offered up work for “subsea clearance” at its historic Heather field as it forges ahead with its decommissioning plan.
Norway shelves plans for deep sea mining until at least 2026
The Norwegian government has shelved plans to issue deep sea mining licences in a deal to get its budget through the country's parliament.
LNG, not the energy supply panacea that it’s touted to be
While there may be broad agreement on the potential benefit of liquefied natural gas in terms of reducing air pollutants, the impact of LNG in terms of greenhouse gas (GHG) emissions has clearly become a point of contention.
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.
Unions demand action to prevent ‘corporate decapitation’ of Grangemouth
Trade unions have demanded action from Westminster and Holyrood to prevent the “industrial vandalism” and “corporate decapitation” of Grangemouth.
Harbour kicks off production at Talbot
Harbour Energy (LON: HBR) has commenced production at its Talbot development in the UK North Sea.
Brent Delta was inspiration for ‘The Thing on an oil rig’ video game setting
“The Brent Delta was a key reference for us visually," said Still Wakes the Deep's art director when reflecting on the video game's location.
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.
COPping out – parsimony wins the day in Baku
COP29 was principally about adaptation finance, but it delivered little in the way of hard cash and even less in terms of the international solidarity required to address climate change.
Sarens PSG finishes quay wall work at Ardersier Port redevelopment
Invergordon-based Sarens PSG has finished building the quay walls Ardersier Port which is subject to a major redevelopment by Haventus.
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.