Norwegian ocean services provider DeepOcean and Aberdeen-based well management firm Exceed Energy have entered into a collaboration agreement to supply vessel-based well plug and abandonment (P&A) services. These will be offered to the decommissioning market globally.
A Dutch court has overturned a landmark ruling against Shell that would have forced the oil company to reduce emissions produced by its petrol customers.
Oil field planning overturned following court case as major North Sea assets Rosebank and Jackdaw come under scrutiny.
The energy transition requires the sector to grapple with the Fifth Industrial Revolution.
Bristow and Leonardo have finalised a series of long-term agreements that will deliver new helicopters and enhance training facilities in Aberdeen.
Viewed from a challenging UK environment, the Middle East - with its enormous natural resources and supportive regimes - can seem like a utopia. The reality is different.
Omani operator Petrogas has announced its maiden offshore gas discovery in the UK North Sea following a recent drilling campaign.
North Sea operator Apache (NYSE:APA) has said it will cease operations in the UK by the end of 2029, blaming the impact of the windfall tax.
The UK has historically had a cross-party consensus on the need to tackle climate change among most politicians and voters. Only five MPs voted against the Climate Change Act in 2008, and both Labour and the Conservatives have committed to the targets enshrined in it at each subsequent election.
Successful removal of platforms weighing upwards of 30,000 tonnes is taking the decommissioning industry to new levels of high-tech excellence with projects around the UK coastal shelf, but that does not reduce the challenge.
National Grid (LON:NG) reaped a 14% hike in underlying profit in the first half of 2024, prompting calls from the UK’s major union Unite for it to be nationalised.
Glacier Energy has snapped up another firm based in the North East of England as it aims to double in size.
Harbour Energy's new international assets will "outweigh the rundown" of its UK portfolio following its Wintershall DEA buyout, according to an analyst.
Wood (LON:WG) has announced a shock review of its books following write-offs of large scale contracts prompting another share price collapse for the beleaguered energy services group.
Aberdeen-headquartered Wood (LON: WG) has reported a "mixed quarter" as areas of the business delivered a "disappointing" period, CEO Ken Gilmartin shared.
Norway’s state-owned oil company Equinor forked out $30 million in UK taxes in 2023, and now finds itself spending more than it is earning within the country.
The North Sea Transition Authority (NSTA) is ramping up its ‘carrot and stick’ approach to decommissioning as the regulator prepares to unveil a new TWIST.
For many North Sea oil and gas supply chain firms, attending the annual ADIPEC conference in the Middle East has been a key part of efforts to expand internationally.
As threats of earlier decommissioning dates for UK oil and gas projects circulate, Well-Safe Solutions explains why this is not good news for P&A specialists.
Aberdeen offshore services provider Nexos has secured a contract with North Sea operator EnQuest (LON:ENQ) to provide HVAC services at its Thistle and Magnus platforms.
Conservative ministers are expected to vote against changes to the energy profits levy (EPL) today, a tax first introduced by the Tory party, a spokesman has said.
Donald Trump has declared victory in the US elections after the Republican won key states including North Carolina, Georgia and Pennsylvania.
The Noble Corporation announced in its third-quarter results that its Ocean Endeavor rig has been handed additional work by UK supermajor Shell.
The North Sea has been a powerhouse of oil and gas production for over five decades.
The pace of North Sea oil and gas decommissioning continues to lag behind targets, with operators who fail to comply being liable to face fines of up to £1 million.