UK firms face ‘hard truths’ at Energy Exports Conference
Energy firms keen to explore export opportunities faced some “hard truths” at an event in Aberdeen.
Oil & Gas
Deltic Energy withdraws from Pensacola due to election uncertainty
Deltic Energy (AIM:DELT) will withdraw from the licence covering the Pensacola discovery due to ongoing political uncertainty around the UK election.
Glencore replaces Trafigura as supplier of key UK oil refinery
Commodity trader Glencore Plc. will replace its rival Trafigura Group as the supplier of crude oil to a key refinery in the UK.
Decom Engineering delivers cutting edges
For offshore operators looking to decommission ageing infrastructure efficiently and cost-effectively, Decom Engineering offers a comprehensive suite of patented tools and solutions.
Drilling firm Noble to acquire competitor Diamond Offshore
US offshore drilling rig operator Noble Corp has announced it will acquire smaller rival Diamond Offshore in a cash and stock deal worth around $1.59 billion (£1.25bn).
Energy Exports Conference takes place this week
International delegations, major operators, and industry leaders are descending this week on Aberdeen to discuss the future of the global energy sector at the Energy Exports Conference (EEC) 2024.
North Sea “uninvestable” due to windfall tax and Labour party rhetoric, investor warns
The UK North Sea is “uninvestable” due to the windfall taxes and rhetoric from the Labour Party that they will make the regime even tougher.
Shell helicopter exec flags possible return of Super Puma to North Sea
A senior executive at Shell's aircraft division has suggested the H225 Super Puma helicopter could return to the operator's list of approved aircraft later this year.
Former BP chief executive backs end to new North Sea licences
A former boss of BP has called for an end to new oil and gas licences in the North Sea in an apparent endorsement of Labour's election promise.
75% of Scots back North Sea oil and gas
Three-quarters of Scots support oil and gas production from the North Sea, according to a new poll.
Aberdeen’s PDi appoints new projects director in international push
Aberdeen's PDi Ltd has appointed Richard Leetham as its new projects director as part of an international expansion push.
Norwegian gas flows resume to England after pipeline repair
Supplies of Norwegian gas to northern England have resumed via the Langeled pipeline after damage was discovered on the Sleipner Riser platform, Reuters has reported.
MRS Training & Rescue plans £1mn investment
Health and safety training company MRS Training & Rescue is planning a £1 million investment to add fresh training resources to its Aberdeen location.
The generational gap of acknowledging mental health in the office
The stigma attached to mental health is still very real. It’s not a single moment in time, but something you may or may not need to cope with regularly over your entire working life and beyond.
Union survey highlights helicopter safety fears among North Sea offshore workforce
A union survey of offshore oil and gas workers has highlighted concerns about the safety of North Sea helicopter flights.
‘Loss of life’ concern for divers as Oban hyperbaric chamber remains closed
Injured deep sea divers on the west coast of Scotland are facing long journeys and potential “loss of life” after a key facility lost its NHS contract.
North Star secures £425m to boost SOV fleet
Fleet operator North Star has secured further debt investment of up to £425 million to accelerate its ambition to add 40 hybrid service operation vessels (SOVs) to its fleet by 2040.
TotalEnergies buys gas-fired power plant in UK for £450 million
TotalEnergies SE agreed to buy a gas-fired power plant in the UK from EIG Global Energy Partners for an enterprise value of £450 million ($575 million) to complement its renewable energy assets in the country.
Lerwick playing its part as installation work gets underway on Rosebank oil development
Work has begun on the installation of the Rosebank oil and gas development to the north-west of Shetland – with Lerwick playing a role in the process.
Smoke, mirrors and deception
The 60 biggest players in global banking have stoked the oil and gas industry to the tune of almost $7 trillion since the Paris Agreement signed in December 2015 at COP21.
North Sea oil operators delay projects due to election uncertainty
Viaro, TotalEnergies and Ping Petroleum have all been tipped to slow progress on UK projects due to political uncertainty.
DeepOcean nabs ‘significant’ UK decommissioning contract
Offshore services provider DeepOcean has been awarded a "significant" decommissioning contract from an international operator on the UK continental shelf.
Labour to propose offshore skills passport
A Labour government would create an offshore skills passport to allow workers to move between fossil fuels and renewables.
SNP not against new oil and gas licences, Deputy First Minister says
The SNP is not against new oil and gas licences, Deputy First Minister Kate Forbes has said.
Digital twin firm Aize launches software firm Elementz in Aberdeen
A digital twin software firm backed by Norwegian giant Aker has launched a new asset integrity service headquartered in Aberdeen.