Dolphin Drilling order backlog rises above $1bn in Q4 results
Aberdeen-headquartered Dolphin Drilling (OSE:DDRIL) has announced its fourth quarter (Q4) results as the company's order backlog rises above $1.1 billion (£870m).
Oil & Gas
Husband snooping on wife’s BP M&A work gets insider trading charge
A Texas man made almost $2 million by illegally trading on his wife’s conversations with her BP Plc (LON:BP) colleagues, according to the US Securities and Exchange Commission in its latest case about couples eavesdropping while working from home.
Serica completes Greater Buchan Area farm-in
Serica Energy (LON:SQZ) has completed its acquisition of a 30% non-operated interest in the Greater Buchan Area (GBA) redevelopment from Jersey Oil and Gas (LON:JOG).
‘Choices will be felt for decades to come’: OEUK launches general election manifesto
Trade body warns that energy transition "will fail" if industry is undermined by policy.
Wind, CCS projects risk ‘being delayed or shelved altogether’ by Labour windfall tax plan
New analysis by Wood Mackenzie has forecast the financial impact of Labour's windfall tax proposals, warning that key CCS and wind projects could grind to a halt.
OPRED issues enforcement notice to Perenco over Leman jacket
OPRED said Perenco failed to comply with commitments to fix the issue in 2022 and 2023
Noble lands clutch of North Sea drilling deals
Noble Corporation (NYSE: NE) has landed a clutch of drilling deals in the North Sea as demand continues to see rigs being booked up.
Skerryvore: The UK North Sea ‘well to watch’ this year
Analysts have named Parkmead Group’s (AIM: PMG) Skerryvore as the UK North Sea well to watch this year.
Altrad completes ‘year of integration’ following transformative growth
Engineering firm Altrad Group has surpassed €5.3 billion (£4.5bn) in revenue for the 2023 financial year, an increase of 38% on its 2022 results after two years of "transformative growth".
Super Puma return would ‘poison industrial relations’ in North Sea
RMT vows to work with other offshore trade unions to fight "dangerous proposals" to bring back Super Puma
‘I can’t wait!’: Humza Yousaf goads Labour with call for Aberdeen election showdown in oil tax row
The first minister and Labour leader Anas Sarwar traded claims and insults as the 'traitors' row boiled over at Holyrood.
EnergyPathways picks subsea FEED and construction firms for Marram gas project
Mermaid and MCS Subsea have signed a provisional deal to work on EnergyPathways Marram gas development in the East Irish Sea.
Panoro targets new rig for Equatorial Guinea in Q2
Panoro Energy expects growth to continue this year, targeting 40% more production than 2023, despite problems around drilling in Equatorial Guinea.
After ‘difficult year’ Wintershall Dea looks to Harbour deal, CCS progress
Wintershall Dea saw profits fall while production remained steady, in a year of ‘macroeconomic headwinds’.
Repsol pledges €10 billion in attempt to win over investors
Repsol will increase its dividend by 29% and buy back more shares, following the trend set by most other major oil companies of rising shareholder returns despite lower profits.
Grangemouth workers blast ‘empty promises’ over refinery’s future
Workers at the Grangemouth oil refinery have slated the Scottish and UK governments over failures to develop plans to help protect hundreds of jobs at the complex.
Beryl, Forties work hits Apache production
Apache missed analyst estimates in the final quarter of the year after a slide in North Sea production caused by outages at key fields.
‘CCS-hub’ Magnus platform could be powered by geothermal – study
EnQuest’s Magnus platform has potential to be powered by geothermal energy if converted for carbon capture and storage (CCS), a study has found.
North-east’s HPR ROV acquired by Subtron Group as jobs ‘safeguarded’
North-east business HPR ROV has been acquired by Subtron Group for an undisclosed sum as the business vows to ‘ safeguard’ its Thainstone team.
Airbus execs hint at return of Super Puma to offshore sector
Airbus executives are confident in the Super Puma's safety, but any return could lead to a battle with labour unions which see it as a "flying coffin".
VIDEO: Ray Riddoch says political policies will change before votes are cast
The former CNOOC boss said "there will be a lot of change between now and the general election" following Labour's windfall tax policy.
North Sea rig use nearly maxed out as vessels move overseas
Drillers will “undoubtedly be considering moving more rigs elsewhere” if offered higher rates and longer time frames, analysts say.
North Sea rig exodus could hamper Europe’s CCS ambitions
An exodus of drilling rigs from the North Sea could curb plans to drill the hundreds of wells needed to make the basin’s carbon storage ambitions a reality.
Perenco chases Hylia SW find with appraisal drilling
Perenco has begun drilling an appraisal well in Gabon, close to its shallow water Hylia South West discovery from December 2022.
Former Aberdeen oil and gas worker on building property portfolio and appearing on Homes Under The Hammer
James Duguid now has more than 40 homes as part of his property empire.