SeaEnergy locks in with preferred bidder for its R2S business, after shares suspended
SeaEnergy today confirmed it had entered into an agreement with a preferred bidder for its Return to Scene Business (R2S) in a bid to pay off its debts.
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Rockhopper says North Falklands is a billion barrels basin
Rockhopper Exploration today said a new report reinforced its stance that the North Falklands was a billion barrel basin.
Total chief executive Patrick Pouyanne says UK should stay in the EU
The chief executive of Total said he hoped the UK would vote to stay in the European Union.
Amber Rudd makes no apologies for taking more than a year to visit Aberdeen
Defiant Amber Rudd yesterday made no apologies for taking more than a year to visit Europe’s energy capital – despite the city enduring its most challenging 12 months on record.
Video: How do you install a topside weighing 10,5000 tonnes? Watch the latest North Sea heavy lift for the Montrose installation
Operator Repsol Sinopec Resources UK's (RSRUK) – previously Talisman Sinopec Energy UK – latest North Sea project will unlock an additional 100million barrels of oil equivalent (boe) and extend the life of the Montrose area to beyond 2030.
Oil drillers adding hedges as crude makes biggest gains
Oil producers are taking advantage of the rebound in crude markets to lock in protection against another slump.
Sub $50: Laid off oil worker taking his job search to the streets
Visitors to OTC in Houston earlier this month may well have caught the incongruous sight of a well dressed man touting a placard on a busy street corner that read: Hiring? Take my resume.
Shell begins work to clean up oil spill
Shell has launched a recovery operation after 2,000 barrels of oil spilled into the Gulf of Mexico.
Fire nears Enbridge oil-sands tanks; Workers removed from camps
Wildfires raging across northern Alberta for more than two weeks have come to within a kilometer of an Enbridge Inc. oil-sands transportation terminal as warm weather and wind spread the flames, while workers were evacuated from camps north of Fort McMurray.
Oil advances to six-month high as US stockpiles seen falling
Oil advanced to a six-month high before U.S. government data forecast to show crude stockpiles dropped for a second week, easing a glut.
Oil and gas expert warns of industry brain drain
An employment expert and partner at law firm Pinsent Masons has warned overly restrictive contracts may drive key workers out of the North Sea oil and gas industry and spark a brain drain.
KPMG expert says BP deal is part of inevitable North Sea restructuring
BP’s move to double its stake in the £3billion Culzean gas development will be followed by other UK North Sea deals to put asset ownership “in the right place”, an oil and gas expert said last night.
Independent Resources raises cash as quick fix cover for capital costs
Independent Resources has raised £200,000 to cover its capital costs in the short term.
Opinion: Pension freedoms two years on
Wendy Atkinson discusses the market challenges
Total’s Shetland Gas Plant hailed “phenomenal” industry milestone
The opening of Total’s Shetland Gas Plant was hailed as a "phenomenal" milestone for the UK energy sector.
Rescued diver recounts ordeal at SUT event
A diver who survived being trapped 90 metres below the surface of the North Sea without gas to breathe will recount his terrifying ordeal at a special event in Aberdeen.
Faroe joins growing throng of North Sea asset hunters
Faroe Petroleum is the latest company to be linked to a possible swoop on any North Sea assets put up for sale by Shell.
Opinion: UK Energy Secretary Amber Rudd – Total gas plant reflects North Sea potential
Today I will have the privilege of officially opening Total’s impressive new gas plant on Shetland. It’s a significant development not only for Shetland, but for the UK as a whole – clearly showcasing the ongoing potential of the North Sea and using innovative techniques to extract gas from reservoirs deeper than we previously thought possible.
Mortgage arrears in Aberdeen more than double the UK rate
Credit rating agency Moody’s has published figures showing mortgage arrears in Aberdeen running at double the UK average rate following the oil price slump.
Union Jack looks to expand interests in UK assets
Union Jack Oil the onshore exploration and production company with a focus on drilling, said it remained on track for commercial production from its Wressle discovery in Lincolnshire in the second half of the year and intends to expand its interests in other areas of the UK.
Statoil farms into Turkey onshore acreage
Statoil has entered a binding letter agreement into two exploration licenses in the Thrace region in the European north-western part of Turkey.
Ithaca set to more than double production with Stella on tap
North Sea firm Ithaca Energy said it remains on schedule to deliver first oil from its flagship Stella field in the North Sea later this year more than doubling production to 20-25,000 barrels of oil equivalent per day.
Residents hit by Canada wildfire offered app to view damaged homes
Authorities in Alberta, Canada, have launched an app offering residents of wildfire-ravaged Fort McMurray a view of their damaged homes.
Sub $50: We asked. You answered. This what YOU think of the North Sea
More than 500 people took part in Energy Voice's research campaign, dubbed $Sub 50: New Perspective and Hidden Opportunities.
Statoil cleared to begin work on Europe’s largest floating windfarm
Construction work on Europe’s largest floating wind farm will begin later this year after the Crown Estate granted a lease to Norwegian multinational Statoil.