‘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.
North Sea oil and gas
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.
North Sea operator Orcadian Energy acquires shares of HALO
North Sea operator Orcadian Energy (AIM:ORCA) has acquired the shares of HALO Offshore UK Ltd from the joint liquidators of Hague and London Oil plc (HALO).
Hartshead starts spending on North Sea project after budget ‘clarity’
North Sea operator Hartshead Resources (ASX:HHR) is progressing the first phase of its Anning and Somerville after receiving "clarity" from the UK budget.
Trust and transparency make ‘Mission Impossible’ possible
Global Underwater Hub chief executive Neil Gordon discusses the challenge of securing effective subsea collaboration among oil and gas operators.
Jake Molloy on how death of colleague inspired mission to save North Sea lives
Former RMT union boss and offshore health and safety campaigner Jake Molloy talks about the ‘wild west’ days of the North Sea oil and gas industry.
Norway’s oil and gas towns seeking UK collaboration on energy transition
Norway's oil and gas towns are seeking greater UK collaboration as they look to reinvent themselves for the energy transition.
UK spent ‘more money doing less’ on decommissioning in 2023
Rising costs meant North Sea operators spent "more money doing less work" on offshore decommissioning in 2023, according to an industry report.
Aberdeen’s Well-Safe Solutions secures £20m in North Sea decom contracts
Well decommissioning specialist Well-Safe Solutions has secured two contracts with North Sea operators worth $25 million (£19.8m).
Omani firm Petrogas makes first gas discovery in UK North Sea
Omani operator Petrogas has announced its maiden offshore gas discovery in the UK North Sea following a recent drilling campaign.
Apache to cease North Sea production by 2030 due to windfall tax
North Sea operator Apache (NYSE:APA) has said it will cease operations in the UK by the end of 2029, blaming the impact of the windfall tax.