North-east oil workers are warming to Green way of thinking, says Patrick Harvie
The Greens are often cast by political rivals as being out of touch with voters in the region.
Oil & Gas
Wood wins million hours job in Saudi Arabia
Aberdeen's Wood (LON:WG) has won a contract with Saudi Arabia's giant Aramco (SA:2222) to help the Gulf state increase natural gas production.
Serica warns of production hit by outage on Triton
Serica Energy plc (AIM: SQZ) has warned its expected oil and gas production this year will be hit after a failed gas compressor has shut down operations on the Triton FPSO.
BP reveals profits slump to $2.3 billion in quarter
Energy giant BP (LON:BP) revealed profits have slumped 18% to $2.3 billion (£1.8bn) in its most recent quarter as it confirms a reduction in margins in its refining business and weak oil trading.
Stick or Twist: The North Sea operators who are warning they will leave the UK
Read our compilation of the UK oil and gas firms who wave made their views clear as Labour’s first budget looms.
North Sea investment allowance changes could have greater impact than EPL raise
University of Aberdeen research warns of potential impact from proposed EPL changes, but Treasury says it is "right that the oil and gas sector contributes" to UK energy transition.
BP and Shell to reveal lower profits amid decline in oil refining margin
BP (LON:BP) and Shell (LON:SHEL) are next week expected to post lower third-quarter profits than in 2023 against a backdrop of weak oil prices and faltering demand.
‘What we ask people to do isn’t normal’: North Sea mental health expert launches business
As specialist offshore mental health consultancy firm IntrospeXion launched, business leaders were told “mental health truly does matter and it's really under-supported right now.”
Rockefeller targets “equitable, just and pervasive” energy transition
The president of The Rockefeller Foundation, a multi-billion-dollar philanthropic investment house that began life investing the oil profits of John D. Rockefeller, has said the firm’s priority is an “equitable” energy transition.
Three confirmed dead in Nigeria Sikorsky S76 helicopter crash
At least three people are dead after a Sikorsky S76 helicopter crashed carrying oil workers in Nigeria.
Why the EPL is putting both our North Sea industry and climate change goals at risk
The Autumn Budget is a chance for the government to make a bold statement on the energy transition.
Vallourec to shut Aberdeen workshop due to ‘challenging North Sea market conditions’
The closure means the loss of 23 jobs, but the firm said "most of the employees affected have already found" a new role.
Yak attack: Offshore worker’s plan to scale an Everest peak
An Aberdeen oil and gas worker contended with record snow, yak attacks and his diabetes while scaling Everest.
D2Zero buys up Aberdeen-based Kelton from administrators of Alderley
Private-equity backed clean energy group D2Zero has bought up flow measurement consultancy Kelton Engineering, adding further decarbonisation expertise to its 4,000-strong workforce.
“It would be fair if we had a level playing field” – Interview with Mark Routh, CEO of Prospex Energy
With the UK investment climate for conventional oil and gas increasingly uncertain, industry participants across the board – and on both sides of the fence – have weighed in in recent weeks to express concerns and constructive viewpoints on the energy security paradigm.
UK could extract further £10bn from North Sea under right fiscal conditions, WoodMac says
The UK could unlock up to £10 billion of North Sea oil and gas pre-tax value from existing assets under the right fiscal regime, a new report has found.
Production stops amid ‘smoke development’ on Sleipner B
Smoke detected on Equinor's Sleipner B platform in Norweigan waters has stopped production and emergency vessels have been called in.
Analysts warn of £4.9bn shortfall in Chancellor’s green plan
Analysts have warned of a potential £5 billion funding hole in Chancellor Rachel Reeves’ proposals to finance the green prosperity plan.
Aberdeen’s Oceanscan snapped up by offshore wind specialist Venterra
An Aberdeen-headquartered group of companies that provide subsea and non-destructive test equipment, geotechnical services and offshore personnel has been acquired by Venterra Group.
DEALS: Aberdeen’s ADC extends rig inspection job with TotalEnergies in Suriname
ADC Energy announced it has extended a contract with TotalEnergies (PAR:TTE) after the French firm agreed to push ahead with at $9 billion (£6.9bn) oil and gas development offshore Suriname.
Viaro progresses nuclear plan for North Sea offshore assets
North Sea operator Viaro Energy is continuing its focus on nuclear power after forming a strategic partnership with reactor technology developer Terrestrial Energy.
The fate of North Sea oil and gas: ‘It didn’t have to be this way’
This year I retired after a half century working in the UK oil and gas industry. My experience was of a fine industry which achieved stunning feats of engineering excellence and delivered economic prosperity for the UK.
Former Oil and Gas UK chief’s fears of North Sea ‘wholly premature death’
The former head of Oil & Gas UK has accused politicians of “gross negligence” towards the offshore industries and their workers.
Petrofac further extends grace period for missed payments
Petrofac (LON:PFC) has once again extended its existing forbearance agreement on a missed interest payment with a group of lenders.
UK ‘not the ideal place’ to invest in new oil and gas, Deltic says
Deltic Energy said it will focus on core UK assets like the Selene prospect while pivoting its attention to international opportunities.