Oceaneering wins £29m BP Quad 204 power deal
Energy giant BP has agreed another multimillion-pound contract for one of its major oil and gas projects west of Shetland as it pushes forward with its plans for the region.
gas projects
Aberdeen consultant wins Iona deal
Aberdeen oil and gas consultant ADIL has won a £500,000 deal with Iona Energy to provide management support on the development of a North Sea field.
Chevron income falls
US oil super major Chevron yesterday reported lower quarterly earnings as rising spending on oil and gas projects and losses at its US refinery business offset gains from higher oil prices.
Message from HM Ambassador to Norway, Jane Owen
As British Ambassador to Norway, I spend a lot of my time talking to the businesses and policy makers who are working to make the most of the new discoveries as well as technological advances for mature fields.
Arab Spring disruption
The Arab Spring has disrupted investment plans in oil and gas projects as some governments in the region have shifted their focus to meet increasing demands from their population, the International Energy Agency (IEA) said today.
Latest ETS proposals ‘like extra tax on UK energy production’
Proposals for the latest phase of the European emissions trading scheme (ETS) would mean costs similar to an extra tax on UK oil and gas production.
Plea for UK oil and gas tax breaks ‘snubbed’
The UK Government was accused last night of snubbing the offshore industry's pleas for tax breaks and ignoring warnings that thousands of jobs could be lost if North Sea investment dries up.