Analysis highlights lack of spare rigs left in North Sea
New analysis has highlighted the lack of spare capacity of oil and gas rigs to carry out work in the North Sea.
New analysis has highlighted the lack of spare capacity of oil and gas rigs to carry out work in the North Sea.
Saudi Aramco ditched around one third of its jackups this week in a sign that the oil-rich state is demonstration of a move away from some of its grandiose visions. The market remains tight, with South East Asia likely to provide a home for spare capacity. Whether the North Sea, beset by windfall tax woes, can secure some of these newly idle jackups remains to be seen.
Stats Group chief executive Leigh Howarth has stepped down after eight years at the helm.
Reuters Events has confirmed the speaker line-up for the upcoming Industrial Decarbonisation Europe 2024 summit, held in Amsterdam on 22-23 May.
As rumours of Aberdeen’s NEO Energy going up for sale circulate, analysts say “there's definite potential there but this does come with risk”.
The chief executive officer of pipeline engineering company STATS Group, Leigh Howarth, will step down as part of a planned leadership transition.
Australian Prime Minister Anthony Albanese plans an Inflation Reduction Act-style program to stimulate green manufacturing industries and drive his nation’s economy beyond its traditional minerals extraction base while bolstering economic security.
Following NHS funding getting pulled divers on Scotland's west coast are faced with a 180 mile journey to the nearest hyperbaric chamber
The head of Australia-listed minnow Triangle Energy (ASX: TEG) has set out his hopes to do a West of Shetland asset deal with Shell (LON: SHEL).
Roz Foyer, general secretary of the STUC, said there was “deep concern” among workers about the future of the industry.
BP (LON:BP) has been slapped on the wrist by the safety watchdog for putting workers at risk on the Clair Ridge platform in the West of Shetland.
The UK, along with five other countries, has signed a declaration to protect energy and telecommunications infrastructure in the North Sea.
Offshore Renewable Energy (ORE) Catapult chief executive Andrew Jamieson will step down from the role later this year.
Offshore wind developer Ocean Winds has found a new CEO in former Voltalia boss Craig Windram.
BP (LON: BP) expects to report a strong performance from its trading business for the first quarter, with a notable improvement in results from buying and selling oil.
New research has cast light on the top companies commanding the majority of the UK's North Sea production and spending.
A North Sea player has unveiled a raft of job cuts due to fiscal uncertainty in the UK over the windfall tax.
Reports last year heralded 200 roles being relocated to the Granite City, but the actual figure appears to be far lower.
First-of-its kind case leads to landmark climate ruling, which is likely to have ramifications across Europe.
International oil companies listed in the US benefit from higher multiples, greater access to capital and a friendlier investor base, according to Shell Plc’s former chief executive officer.
The European Union ramped up pressure on Chinese clean-tech investments potentially squeezing out its local suppliers amid EU efforts to transform the bloc into a green economy.
Harbour Energy's chief medical officer has put cigarettes in his sights but others warn a ban could harm the industry.
Move could see development of Belinda discovery in UK.
Bermuda-registered Borr Drilling has received $158.6 million of rig contract commitments from unspecified operators.
UK gas infrastructure manager px Group has acquired a majority stake in German hydrogen firm LIFTE H2.