Keir Starmer's Aberdeen visit has made "postive steps" for his relationship with the energy sector, however, it is "too little too late" for his political rivals.
While the company attempted to continue, executives eventually abandoned their efforts and ended the AGM.
If agreed, the settlement would help to open the way for an expansion of the Kashagan oil development, including construction of new gas-processing plants needed by the government, the people said.
NEO Energy has announced that it has entered a deal to pick up 100% equity in the Western Isles FPSO with Dana Petroleum.
As the country recovers from Storm Babet and more adverse weather conditions are set to hit the UK as it goes into winter, the NZTC’s Lewis Harper asks if increased flaring offshore can reduce emissions.
Industry leaders had pushed Sir Keir to visit the region after his party revealed controversial plans in June to end North Sea exploration.
Operations at the Nigerian oil block have been halted for more than a decade by a series of trials and competing legal claims.
In September, Apex started producing gas at the Faramid project, in IEOC’s East Obaiyed. Apex has a 25% stake in the project, which is producing 24.4 million cubic feet per day of gas.
OPEC is seeking to expand its legal team as the oil producer group prepares for challenges posed by the global shift away from fossil fuels.
UK Court of Appeal refuses to hear appeal from ClientEarth after its lawsuit against Shell's board of directors was dismissed in July
Bumi Armada posted an uptick in profit and revenues for the third quarter, having resolved issues which took its Kraken FPSO offline during the summer.
A French rule targeting ESG funds has the potential to force oil and gas divestments of €7 billion ($7.6 billion), according to an analysis by Morningstar Inc (NYSE: MORN).
Santos has said it would continue to “vigorously defend” its stance. The company is committed to the Barossa gas project, it said.
However, insecurity in Israel has delayed these plans. Energean said it would install the train once the security situation improves.
ROVOP global revenues increase by 31%, with EBITDA up 57% to £11m.
Energy Transtions Commission says there is too much new oil and gas in the pipeline.
Odfjell Drilling has announced that Equinor has exercised options for seven wells to extend the use of the Deepsea Aberdeen on the Breidablikk field.
Destination Net Zero report finds 28% of energy companies are off track, but still decreasing emissions, while the remaining 64% are off track and still growing their emissions.
Odfjell Technology contractors on BP’s Clair platform in the North Sea have been told that redundancies are being made on the installation.
Operator Bluewater Energy said it had made a precautionary shutdown of the Haewene Brim FPSO prior to the HSE warning and is now addressing the issues.
Seven consortia have submitted applications as part of Norway’s first offshore wind leasing auction, with strong interest from North Sea oil and gas majors.
MSPs were given the example of an electrical technician in oil and gas earning around £20,000 more compared to the same role in offshore wind.
Capricorn will “vigorously defend” its position, it said. This may include “exercising rights under the sales agreement”, it said.
“The wider refinancing continues, and while the overall cost of the debt has increased, the maturity of the debt has been extended, which takes pressure off the balance sheet in the near term,” Kelty said.
Climate campaigner Greta Thunberg has denied a public order offence after a protest in central London last month.