Power Moves: New FrontRow Energy Technology CEO and more
In the latest edition of Power Moves, Steve Kent has been appointed as CEO of FrontRow Energy Technology Group as the company looks to strengthen its board ahead of planned global growth.
Oil & Gas
North Sea mental health charter gains momentum
Mental Health in Energy’s seminar in Aberdeen united major industry figureheads to share how mental health support can be cultivated within the energy industry.
November a ‘bumpy ride’ for anxious oil markets
Rystad Energy predicts "a big week for oil markets" with the US elections on the horizon.
Petrogas now sole equity owner of Baker exploration well
Well Slot is a monthly feature where Westwood’s Stephen Coomber looks at drilling activity and rig moves in UK and Norwegian waters.
Jobs are ‘primary concern’ of Decom Mission boss following budget
Following the first budget of the Labour Party’s premiership, saving jobs and retaining skills within the sector are the core concerns of Decom Mission’s Sam Long.
Abu Dhabi deals for North Sea firms TWMA and Osso
Aberdeen drilling waste management firm TWMA has extended a contract in United Arab Emirates (UAE) in a deal worth $70 million (£54.3m).
France’s TotalEnergies unveils $4.1 billion profit in quarter
French energy giant TotalEnergies (PARIS:TTE) hailed "robust" results for the third quarter of the year despite a decline in margins.
Shell reveals another shareholder boon on $6 billion quarterly profit
Shell (LON:SHEL) unveiled a better-than expected $6 billion (£4.6bn) profit and another investor-pleasing buyback on the back of an increase in gas production.
‘Torturing’ budget serves as ‘devastating blow’ to oil sector, says BRINDEX
Changes to the energy profits levy brought in under the UK government's budget serve a "devastating blow" to oil firms, the chairman of a body representing independent oil and gas producers has warned,
‘Super tax’ cannot be justified: Energy firms react to Autumn budget
Labour's budget has brought "a difficult day for the sector" as oil and gas firms face a "super tax", say industry commentators.
Windfall taxes and government policy: destroying Aberdeen and the north-east
There is only one phrase that can possibly be used to describe the Westminster government’s approach to oil and gas – ideological zealotry, bordering on madness.
ATPI, Nomadic partner to help foreign workers fill gaps in UK workforce
Travel management company ATPI has partnered with Nomadic, a global short-term immigration provider, to help companies fill potential energy industry workforce gaps.
Budget: don’t squander the SME talent leading the energy transition
If the country's top producers – and earners – are open to jumping ship over the impending fiscal regime, imagine the impact changes will have on the countless SMEs that make up the supply chain?
North-east oil workers are warming to Green way of thinking, says Patrick Harvie
The Greens are often cast by political rivals as being out of touch with voters in the region.
Wood wins million hours job in Saudi Arabia
Aberdeen's Wood (LON:WG) has won a contract with Saudi Arabia's giant Aramco (SA:2222) to help the Gulf state increase natural gas production.
Serica warns of production hit by outage on Triton
Serica Energy plc (AIM: SQZ) has warned its expected oil and gas production this year will be hit after a failed gas compressor has shut down operations on the Triton FPSO.
BP reveals profits slump to $2.3 billion in quarter
Energy giant BP (LON:BP) revealed profits have slumped 18% to $2.3 billion (£1.8bn) in its most recent quarter as it confirms a reduction in margins in its refining business and weak oil trading.
Stick or Twist: The North Sea operators who are warning they will leave the UK
Read our compilation of the UK oil and gas firms who wave made their views clear as Labour’s first budget looms.
North Sea investment allowance changes could have greater impact than EPL raise
University of Aberdeen research warns of potential impact from proposed EPL changes, but Treasury says it is "right that the oil and gas sector contributes" to UK energy transition.
BP and Shell to reveal lower profits amid decline in oil refining margin
BP (LON:BP) and Shell (LON:SHEL) are next week expected to post lower third-quarter profits than in 2023 against a backdrop of weak oil prices and faltering demand.
‘What we ask people to do isn’t normal’: North Sea mental health expert launches business
As specialist offshore mental health consultancy firm IntrospeXion launched, business leaders were told “mental health truly does matter and it's really under-supported right now.”
Rockefeller targets “equitable, just and pervasive” energy transition
The president of The Rockefeller Foundation, a multi-billion-dollar philanthropic investment house that began life investing the oil profits of John D. Rockefeller, has said the firm’s priority is an “equitable” energy transition.
Three confirmed dead in Nigeria Sikorsky S76 helicopter crash
At least three people are dead after a Sikorsky S76 helicopter crashed carrying oil workers in Nigeria.
Why the EPL is putting both our North Sea industry and climate change goals at risk
The Autumn Budget is a chance for the government to make a bold statement on the energy transition.
Vallourec to shut Aberdeen workshop due to ‘challenging North Sea market conditions’
The closure means the loss of 23 jobs, but the firm said "most of the employees affected have already found" a new role.