Do what I say, not what I do
Read this: "And it is only by investing in environmental technology that we can end the dictatorship of oil, and it is only by tackling climate change that we create the millions of new green jobs we need".
Oil & Gas
UK drags feet yet dares to lecture
More than 40% of electricity generated in the world comes from coal-fired power stations. That is doubtless a matter for regret, but it is a statistic that is not going to change greatly for decades to come.
City partners take non-invasive route
The global population of floating production units is growing rapidly, with Brazil, US Gulf of Mexico and West Africa out in front in terms of their application.
Four IOCs apparently selected to bid major Iraqi oilfield
Iraq's oil ministry is reportedly in advanced talks with three to four IOCs - apparently Chevron, StatoilHydro, Total and one other - about a development contract for the 6.5billion-barrel Nahr Bin Umar field.
NOCs v IOCs – battle lines drawn
National oil companies are increasingly in the headlines. That's hardly surprising as they control more than 80% of known global oil&gas resources, yet much of the Western oil&gas supply chain is ignorant both of their scale and power.
Shell’s South Uist gas hunt delayed
Shell has delayed plans to drill on the South Uist (blocks 213/25a and 214/21a) prospect north-west of Shetland. Drilling was to start in May, but the summer is now more likely due to slippage of drilling rig Leiv Eiriksson's schedule.
New deals boost firm’s global expansion plans
Walker Technical Resources (WTR), an Aberdeen business specialising in composite pipe repairs for the oil and gas industry, yesterday unveiled some key deals on its way to further global expansion.
Contract award for city subsea company
SUBSEA oil and gas company TSMarine (Contracting), of Aberdeen, has been awarded a series of contracts worth a total of about £2million to carry out a well abandonment programme for two major operators in the North Sea.
Focus on women in energy sector
THE role of women in the energy industry came under the spotlight at an event at the Mercure Ardoe House Hotel and Spa at Blairs, near Aberdeen, yesterday.
Faroe disappointed by Norwegian well
FAROE Petroleum, the Aberdeen-headquartered oil and gas company, reported mixed results yesterday from a well drilled on the Hyme prospect in Norwegian waters.
Tendeka unites companies’ expertise
A NEW Aberdeen-based parent for three energy technology providers was launched yesterday.
Business opportunities in offshore activity
MORE than 150 delegates have the opportunity to improve their grasp of the business opportunities presented by the decommissioning of the oil and gas infrastructure at an Oil & Gas UK conference on May 26-27 in Newcastle
Venture’s production up by 15% in first quarter
VENTURE Production, the oil and gas operator which has its headquarters in Aberdeen, said yesterday that its production during the period January 1 to April 1 averaged 51,300 barrels of oil equivalent per day (boepd) - up 15% on the same period last year.
Noble Denton becomes part of German group
NOBLE Denton, which provides marine and offshore engineering services globally to the energy industries, has become part of the German-headquartered Germanischer Lloyd Group.
Consultancy EC Harris seeks office in Aberdeen
INTERNATIONAL consultancy EC Harris is seeking premises for an office in Aberdeen for its oil and gas arm.
New approach may save £10m
The North Sea oil industry could potentially save £10million over a four-year period through an online approach in safety training for 30,000 offshore workers.
Boss stresses need to drive down costs
A director of Maersk Oil North Sea UK said yesterday it saw continued good business opportunities in the UK, but believed it was essential to drive down costs.
Providence buoyed by well’s potential
IRISH oil and gas operator Providence Resources said yesterday it had achieved better-than-expected results from a development well on its onshore Singleton oil field near Chichester in West Sussex.
Investor may sell 5.4% stake in Venture
Speculation was mounting yesterday that private equity investor 3i was planning to sell its 5.4% stake in Venture Production, the oil and gas operator which has its headquarters in Aberdeen.
Sound financial advice is key to surviving slump
It is one of the oldest truisms in business life - cash is king.
Greenland exploration potential lifts Cairn
Cairn Energy, the Edinburgh-based oil and gas operator, said yesterday its exploration acreage off Greenland could hold billions of barrels of oil.
Mexican leader heading north to bolster oil ties
The president of Mexico will visit Aberdeen today to strengthen links between the oil-rich Latin American country and the north-east.
Recession fails to dampen oil show
The Offshore Europe oil show in Aberdeen later this year will be the biggest in the 30-year history of the industry showcase - despite the world's economic problems.
Gas discovery off Moroccan coast fuels Dana’s optimism
Dana Petroleum said yesterday it had made a significant gas discovery at Anchois, in the Tanger-Larache licence, with its first well offshore Morocco.
Oil and gas operator Bowleven shares take a tumble
SCOTTISH oil and gas operator Bowleven saw its share plunge yesterday after it said its potential suitor had revised its indicative cash offer of 150p a share announced on March 18 down to 100p.