Petrogas’ Baker well may be ‘temporarily suspended’ as availability window closes
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
How BP’s radio show was set up inside a 400-year-old Scottish castle
An unlikely tale of folk singing, Johnny Cash and the first women in the North Sea…
EnergyPathways secures loan to develop gas storage hub
EnergyPathways (AIM: EPP) has entered into a £5.1-million loan facility to develop its Marram Energy Storage Hub (MESH) project.
Axis unveils seven steps to energy industry equality
Seven initiatives to help energy industry businesses increase the diversity of their workforce were unveiled at an event in Aberdeen.
Hopes rise for North Sea windfall tax “successor”
Analyst Wood Mackenzie believes "where there’s a will, there’s a way" in achieving a consensus on an improved system of taxation despite differences of opinion between government, industry and North Sea investors.
Serica on track to meet full year targets thanks to oil production boost
Oil and gas firm Serica Energy (AIM: SQZ) has confirmed it will hit its full year targets for production as two North Sea wells deliver on their promise.
Hywind Scotland turbines on track to be reinstalled in weeks
Equinor (OSE:EQNR) has confirmed the five floating turbines of its flagship Hywind Scotland project will be re-installed before winter.
Harbour plans Viking CCS tenders as Waldorf and Dana look to decom
Harbour Energy has revealed plans to offer three tenders to create infrastructure for its Viking carbon capture and storage (CCS) project, according to data from the regulator.
Exposed: the UK’s gas deficit will persist
The UK’s dependence on LNG imports exposes UK consumers to an international gas market over which they have no control. If the European winter is cold or Asian LNG demand booms, the UK will feel the consequences.
Watch: New film highlights importance of UK oil and gas for its workers
Serica Energy and unions GMB and BRINDEX have created a campaign highlighting the role of North Sea oil and gas in the lives of its workers.
Who is the UK North Sea’s top tax payer?
Just 35 North Sea companies paid £7.5billion in 2023 as sector warns UK tax policies will kill jobs, investment and receipts.
Petrofac reports net loss of $162m in half year results
In “another challenging period for Petrofac” the firm has reported a net loss of $162 million in the first half of 2024.
How offshore wind can apply learnings from oil and gas decommissioning
While it is far from being a nascent industry, offshore wind remains in its relative infancy compared to oil and gas (O&G), both in terms of development and decommissioning.
EnergyPathways prioritises developing energy storage project over Marram gas field
EnergyPathways (AIM:EPP) will focus on developing its Marram Energy Storage Hub (MESH) in the UK Irish Sea over its Marram gas project.
WATCH: ‘There is no backup’ for offshore firefighters
“They are the fire team, there is no backup initially," firefighter of 28 years Nigel Strachan said about offshore first responders.
GE Vernova boosts HVDC manufacturing capacity in England
US energy giant GE Vernova (NYSE: GEV) has completed an expansion of its grid solutions business in Stafford, England to meet growing demand for high-voltage direct current (HVDC) cable in the offshore wind sector in the UK as well as Europe, Asia and North America.
Deltic hit by £18m impairment from Pensacola withdrawal
Deltic Energy (AIM:DELT) has been hit with an £18 million impairment in the first half of the year over its withdrawal from the Pensacola licence.
North Sea flight operator CHC Helicopters records £4.8m loss
North Sea helicopter operator CHC Scotia has recorded a £4.8 million loss in 2023 in what the company described as “challenging industry conditions”.
North Sea oil pollution ‘grossly underestimated’, report finds
North Sea oil pollution has been "grossly underestimated" due to an opaque and misleading reporting system and ineffective regulations, a report has found.
Peterson Energy Logistics reports powerful 2023 results
Aberdeen's Peterson Energy Logistics grew its footprint in the renewable energy and nuclear sector which powered growth in turnover and profits last year.
Legal challenge to Rosebank and Jackdaw headed for November hearing
A Scottish court has granted approval for legal challenges to the Rosebank and Jackdaw oil and gas fields to proceed to a hearing.
Welcome, GB Energy, but let’s not kid ourselves
The UK's major energy company isn’t the be all and end all as the Energy Profits Levy, combined with a potential removal of tax allowances, still hangs over the sector like the Grim Reaper stalking its next victim.
UK energy sector reacts to GB Energy headquarters announcement
The UK energy sector has welcomed confirmation that GB Energy's headquarters will be based in Aberdeen, but called for more clarity over the government's energy policy.
Swedish heat pump firm Aira expands to Scotland as part of £300m investment
Swedish firm Aira is investing heavily in the Scottish market as it aims to take a million British homes off gas.
EVOL: All about OEUK’s big day out in Aberdeen
On Energy Voice Out Loud this week, news editor Erikka Askeland and reporter Mathew Perry take in the OEUK Conference: Powering Our Energy Future.