Unions fear up to 2,000 North Sea redundancies at Repsol
A trade union has raised concerns that North Sea operator Repsol (BME:REP) could cut up to 2,000 jobs amid a review of its ageing offshore production assets.
North Sea oil and gas
Hartshead submits revised Anning and Somerville gas offtake route to UK regulator
North Sea operator Hartshead Resources (ASX:HHR) has submitted a revised gas offtake route for its Anning and Somerville development to the UK regulator.
UK gas policies could lead to increased emissions from imports, report finds
Reduced North Sea investment as a result of UK government policy could lead to millions of tonnes of additional CO2 emissions from imports, according to a report.
Australian trio progress UK North Sea projects despite ‘challenging environment’
Hartshead Resources, Finder Energy and Triangle Energy are pushing ahead despite fiscal challenges leading to the cancellation of some projects.
North Sea industry urgently needs clarity after Rosebank and Jackdaw ruling
Edinburgh’s court of session decision this week will allow continuing development of North Sea oil and gas fields pending supplementary environmental impact assessments of downstream emissions.
North Sea firms cleared to press ahead despite court ruling Rosebank and Jackdaw approval ‘unlawful’
North Sea operators are able to press ahead with the development of two major oil and gas fields, despite environmental campaigners claiming a "historic win" in a landmark court ruling.
Former Aberdeenshire oil and gas worker carving out a new woodwork career
Former oil and gas worker Guy Phillips's firm is on target to hit £1.5m this year, and has doubled headcount in the past 12 months.
Scots oil firm Capricorn Energy evaluating UK North Sea opportunities after Waldorf defaults on payment
Scottish oil and gas firm Capricorn Energy (LON:CNE) is aiming to diversify and expand its operations, targeting further opportunities in the UK North Sea.
Tributes paid to 45-year-old Aberdeen Wood employee following tragic passing
Dad-of-two Allan Basil, who worked for Wood, was preparing to come home when the Aberdeen Royal Infirmary went into flu lockdown.
‘There is no ban, and we do have a plan’, Sarwar tells North Sea critics
Scottish Labour leader Anas Sarwar defended his party’s energy policies and denied there has been a “ban” on new exploration licences in the North Sea.
Labour to consult on North Sea oil and gas licensing, Miliband says
Energy secretary Ed Miliband also says the British public don't want a "culture war" over climate action
Oil rig worker airlifted during medical emergency
An oil rig worker with a medical emergency has been rescued from his North Sea base by the Coastguard.
Aberdeen’s OSSO looks to geothermal growth after ‘milestone’ 2024
Aberdeen-headquartered OSSO is looking to consolidate its growth in geothermal energy after a "milestone" year its revenues increase by 50%.
Shell awards North Sea drilling contract to SLB
Oilfield services giant SLB (NYSE:SLB) has secured a series of major drilling contracts from Shell across its deep- and ultra-deepwater assets.
Death, taxes and the future of the North Sea
Nothing can be said to be certain except death and taxes - though in recent times the exact nature of those taxes has become a source of much uncertainty for many of those operating in the North Sea.
Three Aberdeen oil company headquarters sell for £45m
The firm selling the trio of buildings said it wanted to "reduce its office exposure" in the UK.
Trump urges UK to ‘open up the North Sea’ and ‘get rid of windmills’
US President-elect Donald Trump said the UK is "making a very big mistake" in relation to its North Sea energy policies.
Dolphin Drilling awarded $100m in Nigeria court case
North Sea drilling rig operator Dolphin Drilling (OSLO:DDRIL) has secured a "positive outcome" in its arbitration case against General Hydrocarbons Ltd in Nigeria.
Red Zone monitoring on offshore rigs: a sea change in safety and collaboration
2024 has been a transformative year for offshore oil and gas safety, with Red Zone monitoring becoming a cornerstone of operational best practices.
Petrofac reaches binding agreement with creditors on financial restructure
North Sea energy services firm Petrofac has entered into a binding agreement with key financial creditors on the terms of a comprehensive financial restructuring plan.
Aberdeen’s READ Cased Hole acquired by Norwegian investors in multi-million pound deal
Aberdeen-headquartered well integrity services firm READ has been acquired by a group of Norwegian investors in a multi-million pound deal.
Aberdeen’s Mermaid Subsea plugs 30 North Sea wells in 2024
Aberdeen-headquartered Mermaid Subsea Services UK has successfully plugged and abandoned (P&A) 30 wells in the UK North Sea using the Island Valiant vessel.
Altrad growth steadies in 2024 after multiple acquisitions
French engineering giant Altrad has recorded lower revenue growth in 2024 after completing multiple acquisitions in recent years of "transformative growth".
North Sea decommissioning expansion facing ‘speed bumps’, report finds
The North Sea is unlikely to see rapid growth in decommissioning due to several "speed bumps" slowing the shut down of assets, according to analyst firm Wood Mackenzie.
UK court dismisses case against Viaro over North Sea decom dispute
A UK court has dismissed a case against a subsidiary of North Sea oil producer Viaro Energy relating to decommissioning costs for the Brae field.