Aberdeen’s Craig International continues global expansion with new Australia office
Aberdeen-headquartered Craig International has opened its tenth international base and first in Australia.
Oil & Gas
Wood Mac: New UK licences need major discovery to ‘whet Shell’s appetite’
Shell (LON: SHEL) will need as much as one trillion cubic feet of gas from exploration licences in the West of Shetland to "truly whet its appetite", according to analysis by Wood Mackenzie.
Chevron lines up drill plans in Orange Basin
The block is to the north of Block 2913B, where TotalEnergies has made discoveries including Venus.
Decommissioning: a staggeringly difficult global challenge
Several years ago, it seemed that some leading environmental non-governmental organisations (NGOs) had started to concede UK Big Oil’s claim that a managed transition away from high- to low-carbon energy might be strategically more effective as a means of reaching Net Zero by 2050 than the slam-dunk kill demanded by Just Stop Oil.
Ensuring UK firms are ‘competitive’ when vying for ‘monster platforms’ decom work
The UK has seen large-scale decommissioning work go overseas, OEUK’s decommissioning manager Ricky Thomson says firms need to remain “competitive” to win contracts for these “monster platforms.”
Elemental Energies rising to demand with more acquisitions
Elemental Energies, the wells specialist which has been on a run of acquisitions, is planning even more growth to meet operator demands.
Is Scotland failing to see an LNG opportunity?
One of the many sub-plots in the saga of two uncompleted Caledonian MacBrayne ferries at the Ferguson yard in Port Glasgow involves the proposed use of Liquefied Natural Gas to part-fuel them.
Energy Transition in the Middle East
The Middle East has long been synonymous with the oil and gas industry, with approximately 30% of the world’s oil currently produced in the region.
Greenpeace protestor risked being ‘dragged under’ Shell Penguins FPSO
A Greenpeace activist risked being “dragged under” the Shell (LON: SHEL) Penguins FPSO when they fell in the water during a protest this year, a legal document has revealed.
Spirit Energy adds Appleton field well to Well-Safe Defender scope
Aberdeen-based well decommissioning specialists Well-Safe Solutions have signed an agreement with Spirit Energy, adding another well to its current plug and abandonment campaign.
Wood on course for $6bn revenue target
Wood Plc (LON: WG) has delivered yearly growth on Q3 revenues, as it targets $6bn in its first full year since outlining a revamped strategy last November.
Shell threatens lawsuit over Greenpeace North Sea vessel protest
Shell (LON: SHEL) has threatened Greenpeace with a multi-million-dollar lawsuit over a protest held on one of its UK North Sea assets this year.
Lloyd’s named as “climate wrecker” with insurers under pressure
By the end of September, the report said 20 of the 31 NZIA members had left the group.
North Sea offshore medics looking to unionise, fight for increased pay
Offshore medics based in the North Sea are making efforts to unionise over dissatisfaction with pay and conditions.
Decom Mission targeting greater project visibility amid sector challenges
The decommissioning sector is facing a myriad of challenges including inflationary pressures, skills shortages and a lack of project visibility according to Decom Mission, the Aberdeen-based trade body representing the industry.
What will be the last platform in UK waters?
It’s no secret that the UK has a declining basin and as the country transitions to net zero, oil and gas platforms will cease production and later be decommissioned. However, which asset will be the last one standing?
NNPC, Aiteo launch new low-carbon crude
As such, the crude is a good fit for major buyers in Europe, NNPC said, and commands a premium to Brent. The crude has an API of 29 degrees.
Dana Gas stays gas focused while navigating pipeline politics
Dana has said its gas fields in Kurdistan “could be the biggest gas fields in the whole of Iraq”.
Industry collaboration is required to change minds and save lives
As an industry, we’ve made good progress in mental health support, but we need to do more. According to a study by the International SOS Foundation, which looked at the mental health vulnerabilities for remote and rotational workers, 40% of respondents experience suicidal thoughts while on duty.
Equinor eyes partial sale of Rosebank oilfield
Equinor (OSLO: EQNR) is looking to sell off a 20% share in Rosebank, making up a quarter of its existing stake in the UK's largest untapped oilfield.
Lack of S-92 helicopter parts stifling growth, says Bristow CEO
The CEO of Bristow (NYSE: VTOL) has criticised “significant delays” for spare parts for S-92 helicopters, stifling the firm’s global growth.
UK Energy Minister to headline ETIDEX 2023 in Aberdeen
UK Minister for Energy Security and Net Zero announced as headline speaker for ETIDEX 2023.
‘We are not afraid to go first’: Repsol rises to decom challenge
Freshly transformed following the exit of former venture partner Sinopec, Repsol Resources UK is looking to the future of its operations in the North Sea.
Shell expects Penguins FPSO arrival in 2024, Jackdaw awaits court decision
Shell expects its Penguins FPSO to arrive in the UK North Sea in 2024 with start-up expected the same year, a spokesperson told Energy Voice.
Apache to make fresh round of Aberdeen job cuts
Apache decided to suspend North Sea drilling this year over the windfall tax.