Aberdeen MP Callum McCaig has accused the UK Government of trying to build its "bridge to the future" for the oil and gas industry "on the cheap". The SNP's Westminster spokesman on energy and climate change also called on Energy Secretary Amber Rudd to "put her back into" delivering support for the beleaguered North Sea.
The size and shape of offshore workers in the North Sea oil and gas industry has been found to be "a lot bigger" than two decades ago, according to new research.
Aker Solutions said it will make temporary reduction in salaries for Norwegian MMO (maintenance, modifications and operations) staff.
Hercules Offshore said it has formed a special committee to consider and explore various strategic alternatives potentially available to the company.
This dramatic footage shows just how terrifying life in the North Sea can be.
North Sea helicopter firm CHC doubled profits in its latest financial year.
“There’s a silver lining in everyone having a shared foe,” he said.
Total pulled off the best financial performance of the all the industry majors and booked record production.
The world is so awash with crude, the boss of BP Plc said people will be filling their “swimming pools” with it by the end of the year.
After testing a 12-year low, the price of oil simply has to go up.
An Azeri oil and gas entrepreneur has made his first investment in the UK North Sea, snapping up a 7.59% stake in the Maclure field from Shell.
Shell today confirmed it had cancelled its £10,070,000,000 bridge credit facility.
An unusually cash rich oil and gas company is pressing ahead with North Sea exploration in the face of low oil prices and a decade of drilling decline.
Two business controlled by multimillionaire Aberdeen businessman Ian Suttie have reported plummeting profits amid the global oil and gas downturn.
A ship master's "bread and butter" error was one of the factors that led to a supply vessel crashing into a North Sea rig at eight times the recommended speed limit, a tribunal heard yesterday.
Sometimes MSPs have to keep asking the same question, and I’ve long since lost count of the number of times I’ve asked how many jobs have been lost In Scotland since the oil jobs crisis began over a year ago.
The Egyptian oil and gas market could be an attractive market for North Sea companies looking to expand their business.
The Scottish Government has been accused of trying to "dodge" the crisis in the North Sea oil and gas industry.
Oil and gas service company Hunting said it is preparing to make up to a quarter of its staff in Aberdeen redundant as it looks to streamline costs.
Technip landed two lump sum contracts for Statoil's Johan Sverdrup Development and the Oseberg Vestflanken 2 projects.
The future of Britain’s shale gas industry hangs on a small exploration company that’s been stymied by protests, earth tremors and bureaucracy convincing the government to give it another chance to drill a giant deposit near England’s biggest tourist resort.
Tullow Oil Plc, a U.K. explorer focused on Africa, reported a wider-than-expected full-year loss as tumbling crude prices forced the company to record writedowns.
Maersk today confirmed an 83% drop in profit.
Labour will pile the pressure on the Scottish Government today to release up-to-date figures on job losses in the offshore industry.
One of the world's biggest oil & gas companies is appealing a health and safety notice ordered following a collision between a supply vessel and one of its North Sea rigs.