New figures showing Scotland’s total oil and gas supply chain sales reached a record £22.9billion during 2014, over half of which was delivered via international activity, are a strong reminder of the important role the sector plays in Scotland and globally.
Leaders of the world’s largest suppliers of offshore drilling rigs and the services that go with them see the oil market recovery taking even longer than expected last year.
Total Petrochemical & Refining USA said there has been gas emissions from its Port Arthur refinery.
Maersk Drilling is set to make up to 70 redundancies in Norway.
Augean, the specialist waste management businesses, announced its preliminary results for the year ended 31 December 2015, reporting increased revenue up 11% to £61.0million (2014: £55.0million) and a profit before tax increased by 12% to £6.0million (2014: £5.4million).
Organisers of Europe’s largest biennial oil and gas industry event have appointed a new conference chair for SPE Offshore Europe 2017 in Aberdeen.
Irish focussed oil and gas firm InfraStrata saw its losses narrow in its latest unaudited results.
Troubled oil and gas explorer Genel Energy has received received a gross payment of $12.6 million from the Kurdistan Regional Government for oil sales during February 2016.
PetroChina, the country’s biggest oil and gas producer, and China’s largest offshore explorer Cnooc, may write down assets following crude’s plunge, analysts say.
Aberdeen well intervention specialist READ Cased Hole has launched a new time saving technology which it claims can save operators more than a day compared with other logging solutions.
A wave of projects approved at the start of the decade, when oil traded near $100 a barrel, have bolstered output for many producers, keeping cash flowing even as prices plummeted.
An energy company is seeking permission for a smaller windfarm above an Argyll village after locals raised concerns about the impact on their views.
Scottish drone technology company Cyberhawk Innovations is poised for further expansion and diversification after a £2million funding package from Clydesdale and Yorkshire Banks.
What is the difference between Murray Smith, our Sales and Marketing Director based in Leicester, and Alan Fergusson our Employee Benefits Director based in Aberdeen?
Energy Voice has launched its latest sector research campaign aimed at uncovering industry opportunities in a low oil price environment.
Xcite Energy today confirmed a raft of changes to its Bentley field development plan in a bid to improve efficiency, cost effectiveness and deliverability.
Statoil today launched a new power pilot for the world’s first offshore floating windfarm.
Algeria’s army has killed four militants, who authorities believe are responsible for Friday’s gas plant attack.
The UK’s offshore pipelines and terminals were constructed to export production from the owners’ own oil & gas fields. Although tariff income was generated as third party owned fields were tied-back, that income was small relative to the revenue from the infrastructure owners’ own production. The field owners retained ownership of the infrastructure so that they could control the export route for their existing fields and for discoveries and prospects they may wish to develop in the future.
Oil fell for a second day, extending declines from a three-month high, as the number of drill rigs active in the U.S. rose for the first time in three months amid a global glut.
One of the warning lights that there’s too much oil around is no longer flashing, adding to signs that global crude markets are finally on the mend.
Former BP boss Tony Hayward is in talks with investors to launch a new fund aimed at buying up distressed oil and gas assets.
Statoil has awarded UK-based Balfour Beatty a £5.5million contract to deliver the onshore cable and substation system for its £180million floating wind farm project offshore Peterhead.
A Chinese oil and gas research company has opened a Scottish base in Edinburgh.
Two British ships have arrived in eastern Japan to transport a shipment of plutonium large enough to make dozens of atomic bombs to the US for storage under a bilateral agreement.