Kistefos considers class action lawsuit over Solstad restructure deal
Solstad Offshore warned one of its investors is considering bringing a class action lawsuit over losses it allegedly incurred as a result of a recent refinancing deal.
Solstad Offshore warned one of its investors is considering bringing a class action lawsuit over losses it allegedly incurred as a result of a recent refinancing deal.
North-east business leaders called on the Chancellor to scrap windfall taxes on the energy sector, as research suggests Aberdeen is the slowest-growing economy in the UK.
Offshore Energies UK has this month launched its manifesto for the general election with a list of essential proposals for the incoming government as we ramp up the homegrown energy transition and the drive for net zero.
New figures also reveal more than £275m was paid to keep Scottish turbines still during 2023.
OPEC+ extended its oil supply cutbacks to the middle of the year in a bid to avert a global surplus and shore up prices.
“Each time we think we have certainty, someone moves the goalposts and that's not helpful.”
Aberdeen-headquartered rig inspection firm ModuSpec has been sold to the man who founded the firm back in 1986.
Developers of the Inch Cape wind farm off the Angus coast are looking for experts to support a range of key planning and procedures.
The Shell Pierce project in the UK North Sea is due to restart production later in March after a six-month outage.
Exploration is not quite the dirty word it was in 2020-21, but appetite remains muted and highly selective.
The Energy Exports Conference (EEC) is landing once again in Aberdeen.
Investigators have recovered the wreckage of the helicopter which ditched off the coast of Norway on Wednesday night.
Energy transition "quick wins" such as investment in R&D are available for next week's Spring Budget, writes the NZTC's Stephen Sheal.
Reconnaissance Energy Africa has set out plans to wrap up its joint venture process in April and begin drill its next well, in the Damara Fold Belt, in June.
The prime minister was asked to rule out concerns the Chancellor is teeing up a longer tax levy – despite Tories slamming Labour for suggesting a higher rate.
Galp is drilling the Mopane 2 well, but Bank of America has raised concerns over the implied valuation, amid fears of a Namibia bubble.
A black day for the offshore industry, with a helicopter disaster in Norway leaving one dead and five injured. Norwegian companies are reliant on the Sikorsky S-92 but is it safe?
Equinor has named the nurse who died as a result of a helicopter accident off the coast of Norway as 61-year-old Reidun Hestetun from Bergen.
Operators Equinor and AkerBP have resumed flights on the Norwegian Continental Shelf after the tragedy on Wednesday evening.
Following a fatal helicopter crash in Norway, a union leader has called for a “plan B for helicopter traffic.”
New York state has provisionally awarded contracts to 1.7GW of new wind capacity developed Orsted and Equinor as part of its fourth auction.
Peterhead Port Authority (PPA) has appointed a new chief executive with “wide and extensive maritime management experience”.
Future North Sea event hears optimistic vision of the energy sector's future, but significant challenges remain.
Well Slot: NEO has completed the Leverett appraisal well as UK waits until June for next E&A well to spud.
Industry leaders have hit out at reported plans from Chancellor Jeremy Hunt to extend the life of the windfall tax during next week’s Spring Budget.