Culzean contract to create up to 300 new jobs at Bilfinger Salamis UK
Energy service firm Bilfinger Salamis UK (BSUK) has revealed plans to create up to 300 new jobs in yet another major boost for the UK North Sea oil and gas industry.
North Sea news
Chrysaor launches fresh recruitment drive
North Sea newcomer Chrysaor plans to take on an extra 40 people across a range of business areas.
Dana Petroleum narrows losses in advance of Western Isles start-up
North Sea oil and gas firm Dana Petroleum made further progress towards a return to the black during 2016 as it adopted a “less risky exploration strategy”.
OGA sets aims to shave decom costs down to £39billion
Decommissioning the North Sea could cost an estimated £59.7billion but the Oil and Gas Authority (OGA) has set a goal of completing the work for less than £39billion.
Two North Sea start ups in two days as Cayley starts producing gas
A second new start-up in the UK North Sea in two days has boosted confidence in the offshore industry after Repsol Sinopec announced first gas from the Cayley field.
Coretrax celebrates a North Sea milestone
An Aberdeen firm which makes tools for well-bore cleaning and well abandonment has announced a milestone for its CX-2 bridge plug.
OGA unveils new measures for unlocking vital North Sea data
The Oil and Gas Authority (OGA) has announced new measures aimed at making data openly available and to stimulate interest in the UK North Sea in advance of the 30th offshore licensing round.
Video: New report shows North Sea confidence levels on the up after record lows
Confidence levels in the North Sea oil and gas industry are finally improving after a long spell in the doldrums, new survey findings reveal.
Oil and gas bosses have a one in 25 chance of a job interview
Former and redundacy threatened oil and gas industry bosses taking part in a new scheme which aims to help them find new work had previously applied for 818 jobs, which led to just 37 invitations to interview.
Bring on the robots – technology centre seeks new ways of using them offshore
The fledgling Oil and Gas Technology Centre (OGTC) is seeking inspiration for novel ways of using “plug-and-play” robots to cut asset inspection costs and help unlock marginal discoveries in the North Sea.
Hurricane boss Robert Trice reaps rewards of ‘transformational’ year
Hurricane Energy’s plans for the largest undeveloped discovery in the UK North Sea have delivered a bumper pay boost for the firm’s chief executive.
Marathon Oil makes North Sea commitment – but for how long?
US firm Marathon Oil has renewed its commitment to the UK North Sea by extending the lease for its offices in Aberdeen.
Brent Bravo decommissioning project secures 150 Wood Group jobs
A new decommissioning contract worth tens of millions of pounds is expected to safeguard about 150 jobs at energy service giant Wood Group.
Faroe’s improved performance delivers pay boost for bosses
Faroe Petroleum bosses benefited from big increases to their pay deals in 2016.
Atlantic completes sale of 25% stake in Orlando
Atlantic Petroleum said today it had completed the sale of a 25% stake in the Orlando oil field north-east of Shetland to North Sea newcomer Decipher Energy.
Neptune boss Sam Laidlaw: ‘This is not the end of the story’
The man heading up the newest player in the North Sea said yesterday the firm had only just started on its asset portfolio.
Delek moves for all of Ithaca’s shares
Israel’s Delek Group has given notice of its compulsory share purchase of the remaining shares in Ithaca Energy it does not currently own.
Industry chiefs shape late-life asset management and decommissioning technology priorities
Leading figures from across the North Sea industry were at the Oil and Gas Technology Centre (OGTC) in Aberdeen yesterday for a workshop to discuss priorities for the new decommissioning solution centre (DSC).
Exclusive: Chrysaor poised to become the biggest tenant in The Capitol
North Sea independent Chrysaor has agreed terms to become the third and biggest tenant in The Capitol office development in Union Street, Aberdeen.
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.
Delek says international expansion does not stop at Ithaca
Israel’s Delek Group is eyeing new acquisition targets in the North Sea.
Aberdeen firm Exceed nets new North Sea work worth £5.5million
Well-management and oil and gas performance coaching specialist Exceed said yesterday it had won North Sea contracts worth £5.5million since the start of the year.
Augean boss reveals expansion plan for North Sea services arm
Augean said yesterday it was on the hunt for bolt-on acquisitions for its North Sea services subsidiary, with the Peterhead area identified as a target for expansion.
Mac on the menu for Bureau Veritas
Bureau Veritas (BV), the global leader in testing, inspection and certification, has devoured a “Mac” for an undisclosed sum.
MP meeting energy chiefs to discuss Peterhead Power Station
A north-east MP is meeting energy bosses tomorrow to discuss the future of Peterhead Power Station.