A rosy post-Budget future for North Sea?
North east Scotland is entering a boom time of investment as oil and gas majors ramp up some of the biggest projects in years.
industry body oil
Fresh pressure on offshore recruitment
The increase in North Sea activity is putting a strain on skills levels and recruitment, say firms and training organisations.
Budget is welcome news for oil industry
Wednesday's UK Budget should be welcome news to an industry which took a massive knock in 2011 but is starting to get back on its feet.
North Sea ‘chaos’ threat in battle over paid holidays
Trade unions are threatening to cause chaos in the North Sea offshore industry by ordering members to work only 48 hours a week.
Fire ice fuel of the future may lie in the ocean depths west of Shetland
The North Sea could have reserves of a potentially valuable new fuel dubbed "fire ice" - which is tipped to become the world's next major energy resource.
Industry unites against EU plans for North Sea safety
Oil and gas firms and their workers united against EU plans to seize regulatory control of the North Sea industry yesterday and warned it could damage the UK's safety regime.
Government reminded of oil and gas industry’s importance
A Tory MP has urged the UK Government not to forget the "enormous" economic importance of North Sea oil and gas.
Piper Alpha victims’ lawyers warn oil firms of new disaster
LAWYERS who represented the victims of Piper Alpha say oil firms need to do more to prevent a similar disaster striking again.
Praise for North Sea regulation, but still room for improvement
Safety and environmental regulation in the UK North Sea oil industry has come in for praise in an independent review.
Offshore unions plan new fight after legal challenge on paid holidays rejected
TRADE unions were drawing "new battle lines" in the fight for paid holidays for North Sea offshore workers last night after the UK Supreme Court dismissed their legal challenge.
Government ‘adding to fiscal uncertainty’ in North Sea
The UK Government has been accused of adding to the uncertainty surrounding the tax regime for North Sea operators after restricting relief on the cost of decommissioning.
Hendry hails record volume of North Sea project approvals
Energy Minister Charles Hendry said on a visit to Aberdeen that the UK North Sea had seen a record volume of project approvals and spending this year.
Energy ‘interesting sector’ for ambitious
THE next generation of oil and gas business leaders were told last night there was no secret to a successful career in the energy sector; only ambition and commonsense.
Pumping value from North Sea
Things could have turned out very different for James Edens. Instead of running the North Sea and Africa operations of Canadian Natural Resources (CNR) he could quite easily have continued his work in heart research, started at university.
Views on health and safety revealed
NEARLY two-thirds of oil and gas workers believe employers' attitudes to health and safety could lead to complacency, according to a survey published yesterday.
North Sea could still be worth £1tn – Ewing
The North Sea could still contain more than £1trillion-worth of oil and gas, Energy Minister Fergus Ewing has said.
Oil and gas companies ‘remain cautious’
BUSINESSES in the North Sea oil and gas industry remain cautious, according to a new report.
Fears EU move may undermine North Sea safety advances
EUROPEAN Union plans to take regulatory control of the oil and gas industry could undermine all the health and safety work done in the North Sea since the Piper Alpha disaster, it was claimed yesterday.
Energy prize still achievable – PwC
Aberdeen can reap the benefits from an extra £376billion of oil and gas revenue, given the right funding, investment, tax regime and public/private-sector collaboration in the North Sea, a new report says today.
Cash in on Brazil, oil firms urged
ENERGY industry companies in the north and north-east have been urged to cash in on the "rich opportunities" offered by Brazil's rapidly growing economy.
PM pledges to boost North Sea oil and gas industry
PRIME Minister David Cameron has pledged to help deliver investment in the north-east for decades to come ahead of a visit to the region today.
Windfall oil tax ‘did great damage’
ALEX Salmond has called for new legislation to stop the UK Treasury imposing shock tax increases on the oil and gas industry.
North Sea output down 45% in a decade
NORTH Sea oil and gas production is falling at a faster rate than anywhere else in the developed world, according to the International Energy Agency.
UK oil industry ‘could cope with a Macondo’
AN offshore-safety group said yesterday that a test exercise had proved the UK oil and gas industry could cope with a disaster similar to last year's Deepwater Horizon explosion.
Places at Pilot Share Fair ‘in high demand’
ENERGY industry body Oil and Gas UK (OGUK) said yesterday it expected places at an annual event in the north-east to be in high demand.