There is “positive discrimination for the communities hosting the operations. At the peak it is expected that about 160,000 people will be employed. Out of these 14,000 persons will be directly employed in the oil and gas sector”, he said.
The minister said the insurance issue was the last real barrier to EACOP. “The rest was politics”, she said.
Flotation Energy is consulting on potential onshore cable routes that would link its proposed Green Volt floating wind farm with the National Grid, making landfall at Peterhead.
Investment decisions could be on the way for Perth, Bentley and Bressay in the North Sea, alongside West of Shetland giants.
Norway’s Equinor is reportedly considering the purchase of UK oil assets held by Chinese state-backed operator CNOOC International, according to a Norwegian newspaper.
Exploration is back, emissaries of some of the world’s top oil companies have said, with Africa in a strong position to meet new demand.
Instituto Nacional de Petroleo (INP) has approved 12 of the 13 companies for pre-qualification in its sixth licence round.
Schlumberger has confirmed a wells contract from TotalEnergies for work on the Tilenga field, in Uganda.
Exploration companies big and small are warming up for a busy next 12 months – although some have warned this may be the last such push in the energy industry.
For the vast majority of the UK’s workforce, the commute to the office typically involves driving a car, catching a bus or train, hopping on a bike or walking. But not for the thousands of oil and gas workers that travel to installations miles offshore every day – including 20-year-old apprentice Scott Milligan.
Uganda National Oil Co. (UNOC) has invited companies to participate with it in the upcoming bid round.
Chinese oil firm Cnooc has appointed a new managing director to lead its North Sea business in Aberdeen.
Artificial intelligence-based software being developed in Aberdeen is said to have the potential to unlock “significant value” from the UK North Sea.
Oil and gas operator China National Offshore Oil Corporation (Cnooc) International is set to halve worker numbers travelling by helicopter to its North Sea assets in an attempt to socially distance staff and combat the spread of coronavirus offshore.
With the transition to net zero gathering momentum, the importance of innovative subsurface technology and expertise to maximise economic recovery and diversify the energy mix will be the focus of two upcoming SPE Aberdeen events.
Oil and gas contractors are set to shun the North Sea sector rather than join supermajors after the introduction off-payroll working (IR35) tax changes next month.
Jake Molloy, RMT Union regional organiser for the north-east of Scotland, last night said he was “not surprised” by the news that contractors are rejecting the PAYE offers by oil firms.
China National Offshore Oil Corporation (Cnooc) International’s UK managing director and senior vice president for Europe and Africa, Ray Riddoch OBE has quit the firm.
Energy Voice hosted an event to shed light on the opportunities presented by digital technology for oil and gas and energy companies.
Digital technology will be key to helping the oil and gas industry ride out a “perfect storm” of challenges facing its future, the audience heard at an event in Aberdeen last night.
The finalists for this year’s Offshore Achievement Awards (OAA) have been announced, with record entries submitted across a number of categories.
A key figure driving the Oil and Gas Authority’s (OGA’s) digital strategy will take part in Energy Voice’s digital technology event in Aberdeen later this month.
Global powerhouses from the energy and IT sectors will assemble in Aberdeen this month to reveal how the oil and gas industry can cash in on digital tools and data.
Global powerhouses from the energy and IT sectors will assemble in Aberdeen this month to reveal how the oil and gas industry can cash in on digital tools and data.
Global powerhouses from the energy and IT sectors will assemble in Aberdeen next month to reveal how the oil and gas industry can cash in on digital tools and data.