Aberdeen’s Wellvene forms new partnership in Norway
Aberdeen-based firm Wellvene has formed a partnership expected to generate an additional £1.5m in revenue over the next 12 months.
Oil & Gas
Union polls members on North Sea helicopter safety
Unite the union has launched a survey of its members on North Sea helicopter safety following a series of issues in recent weeks.
International energy services provider to recruit 150 new employees in Aberdeen
Aker Solutions has announced plans to recruit 150 employees in 2024 to support its transition to sustainable energy production services globally.
Pictures: Ocean GreatWhite mega-rig back at Kishorn after BP West of Shetland incident
The Ocean GreatWhite, the world's largest semisubmersible oil rig, is back to Kishorn after an equipment collapse incident in the West of Shetland.
Dolphin Drilling lands $154m deal with Oil India
Dolphin Drilling (OSLO: DDRIL) has been awarded a $154 million drilling contract from Oil India for the Blackford Dolphin semisubmersible drilling rig.
Harvester Energy takes on Curlew-A licence
Harvester Energy has shared it will be taking on two blocks in UK waters, including the space that contains the undeveloped Curlew-A discovery.
Bideford Dolphin rig to be sold and scrapped
Aberdeen-headquartered Dolphin Drilling has shared it aims to sell and scrap its 49-year-old Bideford Dolphin drilling rig.
UK North Sea league table sees shift in top producers
There’s been a raft of relegations and promotions in the last year for the league table of the top 15 production hubs in the UK North Sea.
BlackRock, GIC consider sale of UK gas pipeline assets
BlackRock and Singaporean sovereign wealth fund GIC are exploring the sale of a network of gas pipeline assets in the UK that could fetch about $2 billion, according to people familiar with the matter.
Shell waters down 2030 emissions targets
Shell (LON: SHEL) has weakened its carbon emissions targets for the next decade, but said it still intends to become a net zero company by 2050.
Shell CEO Wael Sawan earned £7.9m in 2023
Shell’s (LON: SHEL) chief executive Wael Sawan earned just shy of £8 million from his work with the London-listed supermajor in 2023.
Equinor extends drilling contracts, maintaining 2,000 jobs
Norwegian oil giant Equinor has extended drilling contracts with three firms, including Aberdeen’s KCA Deutag, in a move it claims will maintain 2,000 jobs.
Vysus Group plans growth spurt following asset sell-offs
Aberdeenshire-headquartered consultancy Vysus Group is plotting a growth surge after an “accelerated period of change” saw parts of the business sold-off.
Empirisys looks to boost business as Aberdeen office opens its doors
Process safety and data science firm Empirisys is looking to set up shop in Aberdeen’s Marischal Square as it looks to showcase its “dedication” to the north-east energy sector.
Bristow sees S-92 parts delays ‘at least’ until end of 2024
Bristow bosses said supply chain issues affecting the Sikorsky S-92 airframe are likely to endure at least until the end of the year.
Talbot, Affleck subsea works to begin this month
Subsea works will get underway at Talbot within weeks, as Harbour tips first oil from the field in September.
Ineos fined £400,000 after Grangemouth worker ‘severely burned’
Ineos has been hit with a £400,000 fine after a worker received "severe" burn injuries from falling into a chemical pit at its Grangemouth refinery.
Shell to cut about 20% of jobs in deals team amid push for cost savings
Shell (LON: SHEL) will eliminate at least 20% of jobs in its deals team as the company continues to restructure its business units in an effort to reduce costs, according to people with knowledge of the matter.
BP, Adnoc suspend $2bn Israel gas deal as war rages
BP and the United Arab Emirates’ state oil firm suspended a $2 billion bid to buy a major stake in Israel’s NewMed Energy as the war in Gaza upends politics across the region.
Perenco completes three well P&A campaign at Gawain field
Perenco has announced a decommissioning milestone after completing a plug and abandonment (P&A) campaign on three subsea wells at the Gawain field.
TAQA reaches cessation of production at Tern platform
Emirati state-owned oil and gas operator TAQA (ADX:TAQA) has announced cessation of production (CoP) of its subsea fields connected to the Tern platform in the North Sea.
North Sea producing countries are falling short of 1.5°c climate goals
A recent report has outlined that North Sea oil and gas producing countries are not aligned with the Paris Agreement.
Energy industry’s methane emissions near record despite pledges
Global methane emissions from fossil fuels held near a record high last year, the International Energy Agency said in its annual Methane Tracker report, renewing concerns that governments and industry aren’t doing enough to stem releases of the devastating greenhouse gas.
Finalists announced for 2024 Decom Mission Awards in Aberdeen
Decommissioning trade body Decom Mission has announced the finalists for the 2024 Decom Mission Awards, set to take place in Aberdeen on 21st May.
Industry reacts to UK government’s gas plant plans and electricity market reforms
UK Energy Secretary Claire Coutinho has set out plans to build new gas power stations to avoid what she described as the "genuine prospect of blackouts".