By Martin Simmonite, Senior Vice-President of UK Operations, Wood
Wood, the consulting and engineering company, is well known in the North Sea for its operations and maintenance and is now leveraging its experience to support the industry to decarbonise assets as part of the drive to net zero.
It was all a bit odd at the Scottish Labour conference last month. A few days earlier, the oil and gas industry was shrieking outrage at Labour for proposing a windfall tax on gargantuan profits.
Solstad Offshore warned one of its investors is considering bringing a class action lawsuit over losses it allegedly incurred as a result of a recent refinancing deal.
North-east business leaders called on the Chancellor to scrap windfall taxes on the energy sector, as research suggests Aberdeen is the slowest-growing economy in the UK.
By David Whitehouse, chief executive Offshore Energies UK
Offshore Energies UK has this month launched its manifesto for the general election with a list of essential proposals for the incoming government as we ramp up the homegrown energy transition and the drive for net zero.
Reconnaissance Energy Africa has set out plans to wrap up its joint venture process in April and begin drill its next well, in the Damara Fold Belt, in June.
The prime minister was asked to rule out concerns the Chancellor is teeing up a longer tax levy – despite Tories slamming Labour for suggesting a higher rate.
A host of UK flights by S-92 aircraft were 'paused' on Thursday at the request of North Sea operators, in the wake of a fatal helicopter crash in Norway on Wednesday evening.
It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public. It’s even rarer that one could end up costing $53 billion.