Shortlist unveiled: Who will take top prizes at Offshore Achievement Awards (OAA)?
Finalists for the 2025 Offshore Achievement Awards (OAA) have been officially announced ahead of a glittering ceremony in Aberdeen in March.
Oil & Gas
EnergyPathways secures Licence Operatorship on Block 110/4a
EnergyPathways (AIM: EPP) has been granted a Licence Operatorship for hydrocarbon activities on Block 110/4a.
Shell finds ‘suspected unexploded ordnance’ at Shetland gas pipeline
Shell has found what it suspects could be unexploded ordnance around 50 miles off the east coast of Shetland, near a pipeline that runs from the Brent platforms to the St Fergus Gas Terminal near Peterhead.
Centrica boss ‘worried’ about low gas storage reserves
Christopher O’Shea, chief executive of British Gas owner Centrica, has said he is “worried” about low gas reserves this winter.
UK gas storage at concerningly low levels, says Centrica
UK gas stores have fallen to "concerningly low" levels amid freezing cold temperatures, the owner of British Gas has said.
Oil rig worker airlifted during medical emergency
An oil rig worker with a medical emergency has been rescued from his North Sea base by the Coastguard.
Aberdeen’s OSSO looks to geothermal growth after ‘milestone’ 2024
Aberdeen-headquartered OSSO is looking to consolidate its growth in geothermal energy after a "milestone" year its revenues increase by 50%.
Diversify or Atrophy: the energy transition finance dilemma
Does energy transition finance need recategorising so decarbonisation isn’t left behind?
Flood of tributes to Bill Petrie, Balmedie oil and gas ‘legend’
As compassionate as he was tough, Bill Petrie was described as a father figure by those who knew him in the industry.
Regulator issues £125k fine to CNOOC over Buzzard venting breach
The North Sea Transition Authority (NSTA) regulator has issued a £125,000 fine to Chinese operator CNOOC for breaching venting consents at its Buzzard field.
Aberdeen’s KCA Deutag secures $513m in global drilling contracts
Aberdeen-headquartered drilling services firm KCA Deutag has secured $513 million (£418m) in land and offshore drilling contracts.
Aberdeen’s Rovtech to acquire VALOR ROV in seven-figure deal
Aberdeen-based Rovtech will acquire the VALOR remotely operated vehicle (ROV) business from Seatronics in a "transformative" seven-figure deal.
Shell awards North Sea drilling contract to SLB
Oilfield services giant SLB (NYSE:SLB) has secured a series of major drilling contracts from Shell across its deep- and ultra-deepwater assets.
Morson Group acquires Manchester engineering firm Orange Solutions
Morson Group has expanded its portfolio with the acquisition of Orange Solutions, a Manchester-based safety and control systems engineering firm.
Former Lloyds Register consultants find success in Cyprus
A firm set up by former members of the Lloyds Register upstream consulting team has landed a contract with the Cyprus state-backed oil and gas management firm.
North Sea operator Kistos hails ‘strong investment environment in Norway’
North Sea operator Kistos (LON:KIST) has hailed the "strong investment environment in Norway" as it provided a trading and operational update ahead of its full year results.
What is triggered lightning? North Sea helicopters grounded due to ‘atmospheric’ phenomenon
Triggered lightning has only ever been recorded in the North Sea and The Sea of Japan.
Organisations urge government to ‘recommit’ to gas boiler phase-out
An association of energy companies has urged the UK government “to recommit” to phasing out gas boilers by 2035, warning that the future of the country's heating should be “clean, secure, and a driver of economic growth”.
Future Grangemouth opportunities ‘very exciting’, Scottish energy minister says
But Scottish acting cabinet secretary for net zero and energy Gillian Martin said future opportunities at Grangemouth, including hydrogen, would be more commercially viable if the Acorn carbon capture project received UK government funding.
Aberdeen’s ASCO wins £70m contract with Aker BP in Norway
Aberdeen-headquartered ASCO has been awarded a £70 million contract by Aker BP for work across its Norwegian operations.
Serica admits ‘disappointing’ end to 2024
Independent North Sea producer Serica (AIM: SQZ) said production at the end of the year has proved "disappointing" following a delayed restart on the Triton floating production storage and offloading (FPSO) unit.
TotalEnergies defies opposition to shut down Gryphon FPSO
TotalEnergies has shut down its Gryphon floating production storage and offloading (FPSO) vessel.
Death, taxes and the future of the North Sea
Nothing can be said to be certain except death and taxes - though in recent times the exact nature of those taxes has become a source of much uncertainty for many of those operating in the North Sea.
Three Aberdeen oil company headquarters sell for £45m
The firm selling the trio of buildings said it wanted to "reduce its office exposure" in the UK.
Biden bans US offshore oil and gas drilling ahead of Trump’s return
Analysts say the ban will have little practical impact on US oil and gas production, but sends a "strong political signal" to other nations including the UK.