Adnoc Drilling boosts EBITDA, agrees Jordan entry
Adnoc Drilling added four jack-ups during the period, which should start working in December. It now has 124 rigs in its fleet.
Adnoc Drilling added four jack-ups during the period, which should start working in December. It now has 124 rigs in its fleet.
Two of Ørsted’s top executive management will step down with immediate effect as the company grapples with major impairments and cancellations on its US projects.
Wintershall Dea has acquired a 10% stake in the Poseidon CCS project, making it the second CCS project it has a hand in within the UK
The North Sea regulator warned that not moving quickly enough on efforts to reduce North Sea upstream emissions is a “threat” to economic recovery as it consults the sector on new measures to speed progress.
A lack of long-term planning from the Government risks jeopardising the UK's legally mandated 2050 net zero target, MPs have warned.
Currently, in the United Kingdom Continental Shelf (UKCS) there are estimated to be 1,500 subsea wells at various life cycle stages.
“More than 20 months after their first cargo, Venture Global’s claim to still be commissioning a facility that, according to publicly available data, has been producing at around nameplate capacity for more than a year is simply unbelievable and increasingly untenable.”
With smart technology taking over many aspects of day-to-day lives, including phones, watches, doorbells and even kettles, the oil and gas industry is following suit.
Greta Thunberg, alongside Fossil Free London, staged protests outside of Guildhall in the City of London during the prime minister's speech at the Lord Mayor’s banquet.
Aberdeen and Grampian Chamber of Commerce has called for a new body independent of government to be set up to oversee UK energy security and the transition to net zero.
Orsted A/S (CPH: ORSTED) has withdrawn from a partnership developing offshore wind projects in Norway as the company grapples with big losses resulting from rising costs.
More than 200 young women gathered in Aberdeen last week to discuss innovative solutions to global food, water and energy sector challenges as part of the annual Girls In Energy conference.
Ministers now say Scotland has around 10% of European Union offshore energy potential, down from previous claims of 25%
A domestic Ivoirian company, Ice Oil & Gas, has signed a licence to explore a block offshore, previously held by TotalEnergies.
Exxon Mobil Corp. plans to become one of the biggest suppliers of lithium for electric vehicles, marking the oil giant’s first major foray outside of fossil fuels in decades.
Apus Energy has not responded to a request for confirmation that it has contracted the rig from Diamond Offshore. The company has committed to drilling in 2024.
Ofgem has announced new measures to speed up grid connections and eject slow-moving developments will come into force before the end of this month.
A new cohort of engineering and energy leaders has graduated from the AFBE’s 'Transcend' programme amid a push for greater diversity amongst top management.
The Highland-based energy services firm, Aurora, has become the latest member of the Inverness and Cromarty Firth Green Freeport consortium.
TotalEnergies agreed to buy three natural gas-fired power plants in Texas from TexGen Power for $635 million as it looks to expand in the US market.
Scottish Enterprise has awarded a £9 million grant to the high voltage direct current cable (HVDC) manufacturing firm, XLCC.
Dhir said the Glencore debt and Tullow’s cash, in addition to $800mn of free cash flow from 2023 to 2025, would “allow us to fully address all outstanding 2025 notes”.
Pre-existing shareholder have awarded cash to Mocean Energy as new investors join in awarding a £500,000 grant.
North Sea operators have raised “serious concerns” over a new plan from the NSTA regulator, warning that shutdown of UK platforms could be “dramatically accelerated”.
The problem is that the rate at which Bowleven is using cash will see it run out “most likely before summer 2024”.