Oil & Gas UK is reaching out to young oil&gas professionals to ask them how the upstream petroleum industry should be changing to keep up with shifting aspirations and expectations of the younger generation.
Apache's founder and chairman, Raymond Plank has finally packed his pipe rack and vacated his office at company HQ in Houston after five decades of building the company into one of the largest and most successful American oil independents.
The UK's Oil & Gas Academy is pushing on relentlessly with both overseas expansion and pumping the message out that there can be no retrenchment in the North Sea because of the current run of low oil prices.
The European Commission recently issued a report on the prospects for the EU economy which said that, because of its overdependence on financial services, the UK will be one of the hardest hit of all the 27 member countries.
Oh, dear, do we really need another inquiry? Given the nature of the business, the North Sea oil&gas industry is among the most intensively monitored of all by the UK Government - the Treasury especially as it seeks to squeeze every fiscal pound it can from this ageing cash cow.
Mid-January saw international engineering and project management group Amec put out a low key statement saying it had been selected by ExxonMobil unit Imperial Oil to deliver the phase one facilities of the Kearl Oil Sands project in northern Alberta, Canada.
The latest crash in oil prices will surely drive home the value of effective supply chains. In that regard, the collective leadership of the UK's offshore industry has achieved much since the cost-reduction crusades of the late-1990s through early-2000s.
Almost a year ago, at Subsea 08, the then chief executive of Subsea UK, David Pridden, announced that the industry body's vision of the UK becoming a subsea global centre of excellence was taking a step forward with the creation of a national research capability focused on the sector.
NORWAY'S Petroleum Safety Authority (PSA) has given the green light to StatoilHydro and Marathon to carry out exploration and development drilling with the semi-submersibles, Polar Pioneer, West Alpha and Deepsea Bergen.
Offshore Europe 2009 is on track to be the biggest event yet of the biennial north-east showcase for the oil and gas industry.
EXXONMOBIL, the world's biggest publicly traded oil and gas operator, said yesterday its fourth-quarter 2008 net income fell 33% on a year earlier to £5.58billion as a sharp drop in oil prices affected results.
FOUR firms have teamed up for an Aberdeen-based alliance, which will target oil and gas inspection and assessment work.
INDECENT assault, theft and vandalism were among the offshore incidents reported to Grampian Police last year, the Press and Journal can reveal.
The plummeting value of oil is making it even more dangerous for Scottish oil workers to ply their trade in Nigeria, a top intelligence firm warned last night.
Royal Dutch Shell reported pre-tax losses of more than £300million yesterday in the final quarter of last year because of the impact of falling oil prices.
A new generation of energy companies could bring hundreds of jobs to the north-east after the European Commission revealed it will invest £40million to pioneer new forms of wind power.
OIL service company Sigma3 has been awarded a two-year contract extension with Shell UK in the North Sea worth hundreds of millions of pounds.
ENVIROCO said yesterday it had landed a seven-year contract to provide waste-management and industrial-cleaning services to Shell in the UK worth about £50million.
There was good news yesterday on two North Sea discoveries.
A WAVE-POWER device that could provide a breakthrough in reaching sustainable energy targets was said yesterday to be is a step closer to commercial use.
THE Cromarty Firth Port Authority (CFPA) is celebrating a busy start to the year with the arrival of four oil rigs.
ESS Support Services Worldwide announced two senior appointments yesterday.
Private-equity investor 3i Group said yesterday the value of its biggest investments dived in the quarter to December 31, sending its shares briefly to a new low.
North Sea jobs could go at ConocoPhillips, the third biggest American oil and gas company.
THE deadline for companies planning to enter the Scottish Offshore Achievement Awards (SOAA) has been extended by a week to Friday, February 6.