Equinor looking ‘very closely’ at North Sea as it plots big commercial floating wind project
Norwegian energy giant Equinor said yesterday it was following the next Scottish North Sea offshore wind leasing round “very closely”.
Norwegian energy giant Equinor said yesterday it was following the next Scottish North Sea offshore wind leasing round “very closely”.
The oil price spike caused by a drone attack on a major Saudi processing facility will provide a welcome − but short-lived − boost to North Sea revenues, a prominent petroleum economist has said.
A new joint project in the north-east of Scotland is looking to unlock a "treasure trove" of big data in the North Sea oil and gas sector.
Aberdeen’s destiny as a global energy capital of the 21st Century is very much in its own hands. But to fulfil this destiny it must heed the lessons of history.
The Oil and Gas Innnovation Centre (OGIC) has joined forces with Aberdeen University to develop £1.3million of new offshore drilling technologies.
The North Sea energy industry could recover another two billion barrels of oil if operators can collaborate on untapped discoveries, according to a new study.
Dozens of girls from schools throughout the UK are in Aberdeen for a conference designed to attract more young women into engineering careers.
A handful of firms have been awarded blocks in a specific offshore licensing round to develop the Greater Buchan Area in the North Sea.
Students from Aberdeen University scooped a prestigious electric car award over the weekend, despite being first-time competitors at the Shell Eco-marathon in London.
Aberdeen University showcased its pioneering work in carbon capture technology when it hosted a delegation of US Senators earlier this week.
A new resource for quickly upskilling new recruits to the oil and gas sector is getting better and better, and even better.
Higher crude prices should encourage North Sea oil companies to dial down the caution and bring forward more new projects, a prominent petro-economist said yesterday.
The UK Government has agreed to pay up to £400million in oil and gas decommissioning relief to one of Japan’s largest trading companies.
The Decommissioning Relief Deed dates back to a statement by the then Chancellor of the Exchequer, George Osborne, in September 2013.
Aberdeen University has responded after an electric vehicle project it worked on was mocked by presenters on The Grand Tour.
CHC helicopters and Aberdeen University have won a £54,000 grant for a research project into the psychological factors influencing flight safety.
North Sea volcanoes previously thought to contain magma could actually contain oil and gas reserves, academics have claimed.
Aberdeen University has announced plans to “export its expertise in teaching and research” by creating a new £100 million campus in the Middle East.
Last week I was proud to represent the University at the opening of the National Decommissioning Centre, a long-term £38m partnership between the University and the Oil & Gas Technology Centre.
A new research base with the tools to transform the UK into a global leader in oilfield demolition has opened in a tiny Aberdeenshire village.
Aberdeen University has been forced to abandon an ambitious plan to create an international campus in South Korea.
The UK Government will be lumbered with liability for oil fields as operators transform or disappear completely over the coming decades, an industry commentator has said.
Oil industry bosses are more vigorously questioning whether current rules for leaving installations in the North Sea are fit for purpose, an Aberdeen academic said.
Unanswered legal questions on North Sea decommissioning, including the potential cost to the taxpayer, will be addressed at an industry event tomorrow.
The mature phase of oil and gas operations on the UK continental shelf is proving to be more complex than we could have imagined even a few short years ago. It has long been recognised that, once a reservoir was depleted and the infrastructure associated with it redundant, decommissioning would be required in accordance with the UK’s international obligations. But it is now clear that, even as some reservoirs reach that point, new discoveries are being made and their development may depend on having access to existing infrastructure which otherwise would be decommissioned. The complex decisions involved in balancing the needs of new and future projects with the expectations of companies who want to decommission infrastructure is a matter for the Oil and Gas Authority working in conjunction with the Department for Business, Energy and Industrial Strategy.