It bolsters “our growth aspirations and ongoing commitment as a key partner in Egypt’s energy landscape. Successful delivery of our current exploration campaign is part of Shell Egypt’s growth strategy.”
Ping Petroleum has confirmed the completion of a farm-in deal for the Fyne field in the North Sea, with plans for a one-well development due online in 2026.
The Northumberland facility will produce high and extra-high voltage subsea cables for the offshore wind sector.
CGG will continue to work in Saudi Arabia, she said, and with TAQA. The company will provide “high-end subsurface imaging and seismic acquisition systems”, Zurquiyah noted.
Serica Energy (LON:SQZ) has announced a new chief financial officer will take up his post in the new year, after current CFO Andy Bell confirmed his intention to step down.
Norway is betting that zeroing out emissions from oil production will help it meet internationally agreed climate targets while future-proofing an industry that’s made it one of the richest countries in the world.
Union signs agreement with BRINDEX operators to work together on job security and energy policy.
Well-Safe Solutions has signed a global master agreement for its decommissioning services with BP (LON: BP), lasting until at least 2026.
KCA Deutag has been awarded a contract to carry out a major project to electrify Equinor’s (OSE:EQNR) Askepott jack-up rig in Norway.
There is an "emissions canyon" between current policies and what is required to stop the Earth heating beyond safe limits, the UN has warned.
OEUK decommissioning report highlights supply chain crunch between wind installation and removing oil and gas platforms.
There are new owners in place at Aberdeenshire-headquartered AquaTerra Group after a seven-figure management buyout.
The UK “could challenge continental Europe” on heavy lift vessels, trade body OEUK has said, as the North Sea requires a “colossal push” from them.
Without the government’s new Energy Profits Levy, Shell said it wouldn’t have had to pay corporate tax in the UK.
The need to sidetrack is “disappointing”, he said. “It would have been fantastic to get this all in one go. It’s still only the second well in the basin and it’s the first time we’ve drilled into the Lower Angwa,” Macmillan said. “We are going to get some surprises, good and bad.”
Demonstrators have declared today a “global day of action” to stop EACOP, which will run from west Uganda to a port in Tanzania.
The United Arab Emirates will increase its output target to 3.075 million barrels a day in January, or about 135,000 barrels a day more than it pumped last month.
“Two decades later, we’re proud to be one of Shell’s chosen contractors to take part in the completion of this field’s life cycle.”
The journey should take 60 days, Golar reported, with refuelling stops in Mauritius and Namibia.
Kuwait’s overseas oil producing arm has agreed a deal to sell its Norwegian assets to Polish energy group Orlen.
A new contract win for Aberdeen firm STC Insiso in the US takes its total revenue haul from North America to date to more than £1.4 million.
While support for new North Sea oil and gas has been welcomed, the energy sector has called for a drop in windfall taxes and greater incentives for low-carbon investment ahead of the Chancellor’s impending budget.
“If we have another supply disruption from the US, from Norway or from the North Sea we will see more volatility,” he said.
Shares in Parkmead Group, the Aberdeen energy firm run by entrepreneur Tom Cross, skyrocketed by more than one-fifth after its latest annual results.
Labour's shadow climate secretary, visiting the north-east, said he wants the city to become the UK's 'clean energy capital'.