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.
Oil & Gas
Union Jack Oil remains bullish on Wressle despite court ruling over emissions
Union Jack Oil plc’s (AIM: UJO) executive chair David Bramhill has said controversially that the “most productive phase” of the Wressle oil field still lies ahead.
Ashtead £63m deal marks ninth acquisition as it opens new base
Aberdeen’s Ashtead Technology confirmed it has completed its ninth acquisition in seven years as it picked up Seatronics and J2 Subsea.
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.
Liquified natural gas is now a critical component of energy security
The COP29 meeting in Baku reinforced that the world is rapidly running out of time to avert catastrophic climate change unless transformative action is taken.
Hydrogen market will be £7bn a year opportunity for the UK
With UK government backing, the market for low-carbon hydrogen may be poised for take-off.
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.
Shore Capital bucks the trend as banks retrench from oil and gas
A UK investment bank says it is committed to expanding its oil and gas franchise amid widespread retrenchment from the sector.
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
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.
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.