Amec Foster Wheeler wins Sasol Mozambique contract
Amec Foster Wheeler has won an award from Sasol for work on its liquefied natural gas project in Mozambique.
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Shell, Total look to expand terminals and power plants in new markets
Oil majors Shell and Total are said to be considering building terminals and power plants in new markets.
Opinion: The great dilemma for oil companies – preserving capital
With the collapse in oil prices over the past eighteen months, the major exploration and production companies have been doing everything they can to cut costs. Ultimately, this means the conglomerates have less cash available to pay suppliers, who provide them with essential services and products.
Video: Stunning footage of Bristow Sikorsky S-92 flying over the North Sea
This footage shows a Bristow Sikorsky S-92 being flown over the North Sea. The fleet currently features more than 160 aircrafts of various types, which includes 75 Sikorsky S-92 aircraft in its consolidate fleet. These helicopters are operated in Europe, Africa, Asia Pacific and the Americas. Watch the stunning footage below.
Norwegian oil fund draws up plans to protect assets from extreme political events
The Norwegian oil fund has drawn up plans to protect its assets from extreme political events such as military invasion or coup.
Opinion: Billionaire investors back a gold price rally in 2016
It wasn't so long ago that some of the more famous investor gurus were shrugging off gold as nothing more than shiny trinkets with no investment value. They were wrong. This safe haven is back, the recovery is clear, and there have been some very big changes of heart.
More dual fuel customers choosing independent provider over big six, study claims
Growing numbers of dual fuel customers are now with an independent provider rather than one of the Big Six, according to an energy markets consultancy.
BP, Det Norske to create largest independent Norwegian oil and gas producer
Oil major BP and Det Norske have created a new oil and gas company to form the largest Norwegian independent oil and gas producer.
Shell makes $4bn North Sea investment pledge
Royal Dutch Shell said its spending plans will include a cash injection of around $4billion dollars for the North Sea.
UK oil and gas job losses reach 120,000
An estimated 120,000 jobs will have been lost by the end of this year as a result of the collapse in fortunes of the UK offshore oil and gas industry.
Video: Wintershall marks Maria field milestone
Two subsea templates each the size of a basketball court have been placed on the ocean floor by Wintershall on its flagship Maria field development.
Aberdeenshire MSP calls on Chancellor to back loan measure for North Sea
The Scottish Conservative energy spokesman Alexander Burnett has called on Chancellor George Osborne to provide Treasury-backed loan guarantees to boost investment in the North Sea.
Pilots mistake North Sea platform…. and land eight miles away
A North Sea helicopter flight landed on the wrong platform after its pilots misidentified their correct landing location eight miles away.
MX Oil issues notices for repayment of £1.66m in loan notes
MX Oil said it has issued notices for the early redemption of the outstanding balance of secured convertible loan notes issued last year and in February.
Statoil completes 19-month Canadian drilling project
Norwegian operator Statoil has finalised a 19-month drilling program offshore Newfoundland.
Shale King Hamm fracking unfinished oil wells after rally to $50
Continental Resources Inc. is fracking again.
Oil Search bets on overcoming price rout in Papua New Guinea
Oil Search Ltd., the energy producer that agreed to acquire fellow Papua New Guinea explorer InterOil Corp. for $2.2 billion, is betting it can overcome a languishing liquefied natural gas market to deliver another export project by beating rivals on costs.
Hypnosis in space and preparing for a career in commercial diving
To some people the very idea of commercial diving is like walking on the moon, while to others it is as normal as driving to work or having a night on the tiles. Then there are those who have to resort to hypnosis therapy to even contemplate it. One thing is for sure – it’s not for everyone.
Sturgeon signals Aberdeen boost from decommissioning jobs
The north and north-east could be in line to benefit from a boom in oil and gas decommissioning jobs.
Subsea industry hit by slump in sales
Almost the whole of the UK’s subsea industry has been hit by the collapse in oil prices, as 90% of companies say sales have decreased in the last 18 months, a new survey has found.
Wood Group forms JV in Mexico
Wood Group Mustang has agreed a joint venture with Grupo Diavaz, a Mexican oil and gas operator and services company.
Crisis, collaboration and the same conclusions
Hard lessons learned but not retained? Jeremy Cresswell looks at a twelve-year old report which shows how little the sector’s attitudes and culture have changed and how nearly identical the identified solutions are, regardless of which major oil price crisis one considers. Corporate memory is very short.
Oil above $50 excites investors as explorers take it slow
Oil closed above $50 a barrel in New York for the first time in 10 months and U.S. production has fallen to the lowest in almost two years. Time to drill, baby, drill?
Oil in longest run of gains in six weeks as US stockpiles slip
Oil advanced for a fourth day after government data showed U.S. inventories fell a third week and a new wildfire prompted Canadian producers to shut output.
Paris climate agreement only possible with rapid change, according to Statoil
The Paris climate deal can only be met with rapid change, according to Statoil's Energy Perspectives Report.