40 KCA Deutag workers at risk of redundancy
KCA Deutag has confirmed that 40 of its North Sea workers are at risk of being made redundant.
Nexen
Subsea 2018: Nexen boss says operators squeezed supply chain ‘too hard’
A boss at a UK North Sea oil producer said yesterday that operators have squeezed the supply chain “too hard” during the downturn.
Parkmead takes full ownership of key North Sea fields
Aberdeen oil firm Parkmead has struck a deal to take full ownership of two central North Sea fields.
Cnooc hits first oil at Stampede field
Chinese oil firm Cnooc has achieved first oil from the Stampede field in the deepwater Gulf of Mexico.
Cnooc outlines plans for £9bn bumper budget
Chinese oil firm Cnooc today revealed plans to spend up to £9billion in 2018, 18% of which will be devoted to exploration.
New MER UK task force chiefs appointed
The Oil and Gas Authority (OGA) has announced the new MER UK task force chair appointees ahead of a forum in Aberdeen.
Nexen latest to confirm restart after Forties repairs
Nexen today became the latest company to confirm that production had restarted from its fields served by the Forties pipeline.
Forties shutdown leaves North Sea industry down £20m per day
North Sea industry faces being left short by hundreds of millions of pounds for a period due to the closure of a key pipeline, an analyst has said.
Pipeline crack shuts down Nexen’s giant Buzzard field
Nexen said today that it has temporarily shut down the Buzzard, the North Sea's biggest producing field, in light of the Forties pipeline closure.
Exclusive Interview: Nexen to extend North Sea’s biggest producing field by 10 years
Nexen Petroleum UK’s boss has said that a £500million-plus project will extend the life of the North Sea’s biggest producing field by up to 10 years.
Energy Institute young professionals celebrate 2017 in style
More than 200 young professionals in the energy industry celebrated a successful 2017 in style this weekend at the Energy Institute Young Professionals Network (EIYPN) annual dinner and dance at the Chester Hotel in Aberdeen.
Maersk Drilling to supply rig for Buzzard II project
Maersk Drilling has won a contract to provide a rig for the phase II development of Nexen Petroleum's Buzzard field in the central North Sea.
North Sea oil a ‘marginal industry’, Nexen UK boss says
Nexen UK’s boss has said North Sea oil and gas is a “marginal industry” and that he is concerned about the supply chain’s health.
Top oilman Riddoch handed royal role as ambassador
A north-east business leader has been appointed as a royal ambassador for Scotland.
Regulator files charges against Nexen after pipeline spill
The Alberta Energy Regulator (AER) has filed charges against Nexen related to a pipeline spill in July 2015.
Westwood: Is UK exploration drilling set for renaissance or are targets unrealistic?
Optimism is returning to North Sea exploration, though estimates for this year’s drilling targets could be unrealistic, an oil sector analyst has said.
Aberdeen kids learning oil and gas safety, science lessons
Pupils at nurseries and primary schools in Aberdeen are taking part in a new initiative which will use the oil and gas industry to teach safety and science lessons.
Devex 2017: Nexen closing in on Craster spud west of Shetland
Chinese-owned Nexen plans to drill an exploration well west of Shetland in the coming weeks, one of its UK-based chiefs said yesterday.
Who were the main winners and losers in North Sea taxation in 2015?
Chinese-owned Nexen has been unveiled the biggest tax spender in the UK North Sea during the first year of the oil and gas industry slump.
Plexus narrows losses while activity shows signs of picking up
Plexus Holdings’ boss said yesterday that approaches for the Aberdeen firm’s oilfield well technologies were on the up as the downturn shows signs of abating.
OGUK event highlights North Sea operators’ maintenance and repair needs
A trio of North Sea operators yesterday attended an event in Aberdeen in hope of finding supply chain companies who can fulfil their maintenance and repair needs.
Nexen helps Aberdeen Art Gallery land bigger audience
Aberdeen Art Gallery’s collection is reaching new audiences while the landmark building undergoes a multi-million pound facelift, thanks to a North Sea oil and gas firm.
Nexen slapped on wrist after emergency shut down valve failed to close
Canada's Nexen has been hit with a health and safety enforcement order for failing to maintain an emergency shut-down valve on a North Sea platform.
Nexen submits decommissioning plans for two North Sea fields
Oil firm Nexen has submitted draft plans for the decommissioning of two North Sea fields to the UK Government.
Nexen submits decommissioning plans for two North Sea fields
Oil firm Nexen has submitted draft plans for the decommissioning of two North Sea fields to the UK Government.