Engineering firm Pier Solutions names new CEO
Pier Solutions, an engineering and modular solutions firm based out of Aberdeenshire has named its new CEO.
Oil & Gas
Penguins: Shell to bring new oil and gas vessel to UK by September
Shell plans bring the Penguins FPSO – its first new manned vessel in the northern North Sea in a generation – to the UK by September.
Waldorf Prodution: No comment on liquidity woes
Amidst reports that Aberdeen’s Waldorf Production is being faced with liquidity shortfalls, the firm remains tight-lipped.
OEUK appoints trio of North Sea bosses to its board
Trade body Offshore Energies UK has made a series of appointments to its board with North Sea bosses from Well-Safe Solutions, EnQuest and Wood all joining.
Who is the new UK energy minister Justin Tomlinson?
On Friday Graham Stuart announced he was stepping down from government as Justin Tomlinson replaced him as the UK’s energy minister. But who is Justin Tomlinson?
NSTA approvals see delay for additional Marram gas field licences
EnergyPathways (AIM: EPP) has been hit with delays for the expected results of its outstanding licence application for its Marram gas project.
Petrofac bags BP North Sea contract extension
BP (LON: BP) has awarded a contract extension to global energy industry services provider Petrofac (LON: PFC) to continue supporting its North Sea portfolio.
Plan to turn surplus oil rigs into floating missile bases
Naval architecture group Gibbs & Cox has floated a plan to convert old oil rigs into missile defence platforms and resupply bases.
Saipem lands Exxon Guyana deal worth up to $1.5bn
Saipem (BIT: SPM) has landed a contract worth up to $1.5 billion with Exxon Mobil for work on its newly-sanctioned Whiptail project off Guyana.
From subsea to outer space: Oil and gas firm Hunting marks 150 years
Two World Wars, the North Sea oil boom and sending kit into outer space; Hunting Plc has a lot to show for its 150 years.
‘The threat alone is something’: Security experts weigh China’s role in North Sea
Questions have been raised by security expert on the roles of Chinese state-owned firms like CNOOC in the UK's energy sector.
Oil prices unphased by Iran’s assault on Israel as Brent turns lower
Oil shrugged off Iran’s unprecedented attack on Israel, with prices easing on speculation that the conflict would remain contained.
UK energy minister Graham Stuart resigns
His replacement, Justin Tomlinson, becomes the 11th person to take on the brief within the last 10 years.
Chemists and engineers set to resume strike action in the North Sea
Unite the union has confirmed that 60 of its members, employed by IES Callenberg and SGS UK, are set to resume strike action.
Petrofac shares dive as firm plans to sell parts of business for debt
Share prices have taken a nose dive as Petrofac has shared an update on how it aims to shift its debt as stakeholders are sent "running for the hills."
ADNOC considered takeover of BP
Abu Dhabi National Oil Company (ADNOC) had been looking into a potential takeover bid for BP (LON: BP), however, the firm has decided against the move.
Another death on an offshore oil rig. Yet again, it’s Pemex.
Pemex’ safety and environmental track record is among the worst that I have encountered in my almost 35 years of writing about energy.
Analysis highlights lack of spare rigs left in North Sea
New analysis has highlighted the lack of spare capacity of oil and gas rigs to carry out work in the North Sea.
‘It was time for me to pass the baton’: STATS Group CEO on stepping down
Stats Group chief executive Leigh Howarth has stepped down after eight years at the helm.
‘Definite potential’ for NEO acquisition but ‘risk’ to buyer
As rumours of Aberdeen’s NEO Energy going up for sale circulate, analysts say “there's definite potential there but this does come with risk”.
STATS Group CEO retires in leadership transition
The chief executive officer of pipeline engineering company STATS Group, Leigh Howarth, will step down as part of a planned leadership transition.
Stricken Scottish divers face ‘unacceptable’ 180-mile treatment delay after NHS funding pulled
Following NHS funding getting pulled divers on Scotland's west coast are faced with a 180 mile journey to the nearest hyperbaric chamber
Triangle Energy eyes West of Shetland deal with Shell
The head of Australia-listed minnow Triangle Energy (ASX: TEG) has set out his hopes to do a West of Shetland asset deal with Shell (LON: SHEL).
HSE: Workers put at risk on BP Clair Ridge platform
BP (LON:BP) has been slapped on the wrist by the safety watchdog for putting workers at risk on the Clair Ridge platform in the West of Shetland.
UK joins pact to protect North Sea infrastructure
The UK, along with five other countries, has signed a declaration to protect energy and telecommunications infrastructure in the North Sea.