Cresswell: Treasury must scrap SCT…Now!
Well, here we all are . . . another year dawns over the chill, grey wastes of the ever restless North Sea.
Daily
Chopper market in a spin as oil price crash takes its toll
In 2013, the oil & gas market segment was forecast to account for nearly 30% of the new helicopters market over the five years to 2018.
Oil extends slide From 11-year low as hedge funds head for exit
Crude extended its slide from an 11-year low, confirming the view of hedge funds that cut bullish price bets to the lowest since 2010.
Pictures: Storm leaves scaffolding dangling from Shell’s Brent Delta platform
Scaffolding was left precariously dangling from Shell's Brent Delta after storm weather battered the platform.
Suttie’s First Oil for sale as oil continues to slide
Ian Suttie has reportedly placed his flagship First Oil up for sale as declining oil prices batter the sector’s financial books.
Statoil evacuates staff from Karsto after gas leak
Statoil has evacuated workers from its Karsto processing plant after a suspected gas leak.
Energy sector could be in line for support from Westminster
Energy minister Andrea Leadsom has revealed "further fiscal measures" to support the oil and gas industry are "on the table" - prompting speculation of a positive announcement in the Budget.
Accommodation rig spending sixth day stranded in North Sea
The owners of the accommodation rig stuck in the North Sea after breaking its tow line in a storm remain unable to get it moving for another day after bad weather continues to prevent any attempt to get a new line aboard.
Exclusive: COSL Innovator not tested for wave force
A rig which was battered by huge waves in the Norwegian North Sea leaving one worker dead and two injured had not been tested for the impact of a wave.
EV Insights: The cost of producing a barrel of oil
As the price of oil hits an 11-year low, Energy Voice looks at the cost of producing a barrel around the globe.
I do! Statoil worker gets surprise proposal on Norwegian platform
An oil worker started his New Year in the most unexpected way - with a proposal in the middle of the North Sea. Ole Saupstad Berntsen had been working on Statoil's Statfjord C oil platform when his partner Tone Kvamsdal flew on board to surprise him.
Brae Alpha platform now in thirteenth day of shut down
The Brae Alpha platform has moved into its thirteenth day in shut down as an investigation continue into the cause of a gas leak.
‘We’re the only buyers in sea of sellers’, says Ineos chief
Geir Tuft was recently revealed as the chief executive of Ineos Breagh, which manages the North Sea assets the chemicals giant acquired last year.
$30 oil just got closer as Yuan drop highlights China’s turmoil
Turmoil in China’s markets is pushing oil closer to $30 a barrel.
Economy faces ‘dangerous cocktail’ of threats, says George Osborne
George Osborne will warn of a “dangerous cocktail” of threats to the UK economy as he insists there can be no “let up” in the squeeze on spending.
Dear Mr Robertson: ‘I’m living the crisis’
Austen Russell said MSP Dennis Robertson’s comments about the current state of the North Sea oil and gas industry felt like a “kick in the teeth”. The 38-year-old has been tirelessly looking for work every day since he was made redundant from his job with a pipe lay company last October where he worked as a technical supervisor. He had his first break in the industry 18 years ago when he started out as a well test trainee.
Wood Group snaps up work in Brazil
Wood Group landed a contract with PetroRio for its Polvo A platform in the southern Campos basin.
Billionaire Jim Ratcliffe pledges to run tight North Sea ship
Billionaire industrialist Jim Ratcliffe has pledged to drive out the inefficiency of his new North Sea assets - and has set up a new subsidiary to hunt for even more opportunities.
Prosafe aims to get line aboard stranded Safe Bristolia today
Norwegian firm Prosafe will attempt to get a tow line aboard the accommodation rig Safe Bristolia later today, if improved weather conditions hold.
Updated: Iona Energy appoints FTI Consulting as it enters administration
Iona Energy has appointed administrators after admitting it was facing bankruptcy before Christmas. Chad Griffin and Lisa Rickleton of FTI Consulting were revealed as joint administrators of Iona Energy and Iona UK Huntington.
BP, ConocoPhillips considered ‘military option’ for drifting barge near Valhall field
Oil major BP and the Norwegian defence headquarters were in discussions about whether to use military options including blowing a drifting vessel out of the water near the Valhall field.
Hungry for more shale oil stock? Pioneer Natural is betting yes
Even after almost $400 billion in oil company market value was wiped out by investors fleeing the crude rout, Pioneer Natural Resources Co. is betting there’s ample demand for more shale-drilling shares.
Linklater: Safety “must always come first” as weather batters North Sea
The head of industry body Step Change in Safety urged offshore workers operating in the harsh conditions of the North Sea to use their "stop work authority" if they felt working in severe offshore weather was compromising safety.
Opinion: Until oil reaches a steady $60 the North Sea jobs market won’t improve
The latest Adzuna jobs report confirms what many in the energy, oil and gas industry have suspected – there are fewer jobs available today than a year ago, and the jobs that are available aren’t paying as much as they used to.
Petrol prices ‘dropped by 4p a litre’ in December
The average price of petrol fell by more than 4p per litre in December, according to new figures. A litre of unleaded dropped from 107.55p at the start of the month to 102.89p by the close, reducing the cost of filling up a 55-litre car by more than £2. The average price of diesel dropped by 3p per litre from 109.86p to 106.18p, according to the RAC Fuel Watch report.