Mayors call for annual North Sea licencing proposal to be scrapped
Mayors from Manchester, Liverpool, Tyne and Wear and West Yorkshire have called for the Offshore Petroleum Licensing Bill to be scrapped.
Oil & Gas
Yousaf under fire for ‘two-faced’ Rosebank comments
First Minister Humza Yousaf has come under fire in the Scottish Parliament for "two-faced" comments about the Rosebank oilfield.
D2Zero: Energy firms combine for £500m decarbonisation powerhouse
Private equity owner SCF Partners is combining Hydrasun, Global E&C, Score Group, Fuel Cell Systems and Powerstar into the decarbonisation platform.
UAE company signs up for Uganda’s refinery, as minister slates EACOP foes
“The critiques are continuing so we don’t move,” Nankabirwa said. “I’m not worried, I am just annoyed”, the minister said in reference to criticism from environmental NGOs. “Uganda is a sovereign state, you cannot dictate to us. I pray I don’t come across such people.”
Unite ballots offshore chemists, heating and ventilation engineers for strike action
Unite the Union has announced that it is balloting “over 50” chemists, heating and ventilation engineers from the offshore sector.
Shell moves into next step of Namibia exploration
It intends to acquire 3D streamer seismic in addition to ocean bottom node (OBN) data. The latter provides “cleaner” data than that gathered by traditional seismic.
ANPG dishes out onshore licences, Afentra and Serinus picked
Afentra CEO Paul McDade said the company was committed to working in Angola. The next step involves negotiating licences with ANPG.
Dozens of workers launch fresh round of Mossmorran strikes
Dozens of contractors are today launching a fresh round of strikes at the Mossmorran Natural Gas Liquids plant in Fife.
px Group taps Sembcorp operations expert as new COO
Infrastructure operator px Group has appointed David Thompson as its new chief operating officer (COO) as it grows its asset management expertise.
Brent oil price climbs to $80 on US-UK airstrikes on Houthi rebels
Oil held gains after the US and UK made a fresh round of strikes against Iran-backed Houthi rebels in Yemen, fanning tensions in the Middle East and offsetting concerns global supplies remain ample.
Ithaca Energy wrote to Humza Yousaf over ‘extremely disappointing’ Rosebank comments
Ithaca Energy criticised the First Minister after remarks late last year.
‘Should they stay or should they go?’ More North Sea exits predicted in 2024
Analyst firm Wood Mackenzie has predicted more firms could exit the UK North Sea in 2024.
Watch: Annual North Sea licences bill debated in UK parliament
Energy Secretary says Offshore Petroleum Licensing Bill will improve energy security and secure jobs while Labour calls it "climate vandalism" and "hypocrisy".
Buchan: NEO hits milestone on UK’s third-largest upcoming oil and gas project
Operator NEO Energy submits environmental statement for Buchan redevelopment in Moray Firth.
Rockhopper hails resource boost ahead of 2024 FID for Sea Lion
Rockhopper Exploration has welcomed an uptick in resource estimates off the Falkland Islands and aims to sanction the Sea Lion development this year.
Wison wins double FLNG design work off Nigeria
Wison New Energies country manager in Nigeria Fan Jian said the company was “confident that our FLNG EPCIC experience will guarantee a successful and efficient delivery. We are excited about advancing to the next stage in the near future.”
Aberdeenshire firm Coretrax gets year off to flying start
Five new contracts and plans to grow its headcount by nearly one-third follow 'record-breaking' 2023.
Fire tied to Ukraine drones shuts Novatek Baltic Sea fuel plant
Separately, the BBC, citing an official source in Kyiv it didn’t identify, said special forces struck the plant with drones.
Oilfields risk early shutdown under Labour plan, warns EnQuest CEO
EnQuest (LON: ENQ) CEO Amjad Bseisu has blasted Labour’s plan to block new North Sea drilling as “economically senseless”.
United faces up to loss of Egypt licence in face of default
"We are very disappointed that we could not reach agreement with United Energy Egypt to sell the Abu Sennan concession,” said United CEO Brian Larkin.
TAQA exits Iraq with ShaMaran, HKN deal
The two companies already work together on the adjacent Sarsang block, where HKN is operator. “We look forward to working together at Atrush to realise significant synergies on both blocks.”
Exxon Mobil sues ESG investors to stop climate proposals on ballot
Exxon Mobil is making an aggressive pushback against climate activists who use shareholder voting to influence boardroom strategy.
Aberdeen workers £45,000 worse-off due to stagnating pay packets: research
Research delivers warning to diversify to Europe's oil capital.
Valaris 121: Investigation into missing North Sea rig worker could take years
Tributes have been paid on the first anniversary of the incident today, which took place 100 miles off Aberdeen.
Aberdeen Uni study raises concerns over gas field hydrogen storage
The study raises questions on whether depleted onshore and offshore gas fields can be safely and effectively used for hydrogen storage