The boss of acquisition focused oil and gas junior Jersey Oil and Gas said he believed the North Sea oil and gas industry has had its Northern Rock moment of panic and was now getting on with the task of reestablishing itself as a viable sector.
V.Ships Offshore, part of V.Group has been awarded a ship management contract by Fortress Transportation and Infrastructure Investors LLC to provide full technical and crew management services for an advanced SURF/IMR vessel.
Saudi Arabia made its first sale of oil to a small, independent Chinese refiner. What’s more significant to markets is that the world’s biggest crude exporter broke from its usual practice of selling via long-term contracts, according to Citigroup Inc.
The global downturn has meant that demand weakness, particularly in Asia, has impacted the global LNG market.
If you suspect a business counterparty is implicated in bribery and corruption what should you do? How do you protect your business from being tainted by the actions of your counterparty? Are your assets at risk?
Japan’s biggest earthquake in five years may slow a government plan to restart the country’s atomic fleet that was shuttered amid safety concerns after the March 2011 earthquake and tsunami that caused the triple meltdown at Fukushima.
The head of the Oil and Gas Innovation Centre has said the challenge of getting technology into oil field remains a huge challenge, despite the benefits innovative products and techniques could offer the cash strapped industry.
A scheme giving energy vouchers to people who use foodbanks is to be extended to more areas to stop them having to choose between “heating and eating”.
Organisers of a revamped awards ceremony celebrating the men, woman and companies doing their utmost for safety in the UK oil and gas industry have extended the deadline for nominations.
An investigation has been launched after the death of a man working on a ship being operated by Technip in the Cromarty Firth.
Statoil will partner with E.ON as it enters the German offshore wind market with the EUR1.2billion Arkona project.
Jersey Oil and Gas is on the hunt to snap up assets in the UK North Sea. The firm today confirmed it was active in nine sales processes involving more than 25 field interests.
Subsea 7 has landed a "sizeable" contract for Apache's North Sea assets.
Nicola Sturgeon has pledged to help Scottish oil and gas companies secure contracts in the offshore renewables industry if her party is re-elected on May 5.
Oil giant Shell is expected to tell staff in Aberdeen today that its North Sea headquarters will be based at Tullos in the wake of its takeover of rival BG Group.
A multimillionaire who made his fortune in the North Sea oil and gas industry is targeting potentially lucrative returns from shale gas deposits across a large part of north-west England.
Low oil prices will spur more mergers and acquisitions in the oil and gas industry this year with some companies forced to sell to avoid bankruptcy, according to consultants A.T. Kearney.
Saudi Arabian Oil Co. will complete the expansion of its Shaybah oilfield by the end of May, allowing the biggest crude exporter in the world to maintain the level of its total production capacity, according to two people with knowledge of the plan.
Four more people were found dead after a fatal petrochemical blast in Mexico.
Oil retreated from the highest close in five months amid signs a global glut will be prolonged as Middle East producers boost supplies.
The two Swiss pilots taking turns to fly a solar-powered plane around the world have said the feat is not only a demonstration of the importance of renewable energy, but also the many challenges the human body can endure.
Most people feel neither side of the EU referendum debate has spelled out the financial benefits to households of their arguments clearly enough, a survey has found.
The best night of the year’s social calendar has returned to celebrate the north-east’s still vibrant oil and gas sector.
Energy service company Corex is at the top of a Scottish league table of intellectual property (IP).
The North Sea workforce is "disenfranchised and getting angrier by the day", union bosses have warned.