‘Huge victory for contractors’ as Kwarteng pledges to repeal IR35 tax rules
The Chancellor has pledged to repeal controversial changes to off-payroll working laws in a bid to boost the labour market.
North Sea
Decom Engineering appoints BG and Aker veteran as Aberdeen manager
A veteran of BG Group and Aker Solutions has been named as the new general manager of Decom Engineering in Aberdeen.
Maersk Drilling lands £30 mill contract with Ineos
Danish drilling rig operator, Maersk Drilling has secured a four-well contract in Denmark worth £30 million with Ineos.
Turbulence at helicopter firm CHC amid management shakeup
An abrupt management shakeup at CHC has raised questions over turbulence at the North Sea helicopter operator.
North Sea firm Longboat secures rig to spud exploration well
Longboat Energy (LON: LBE) has struck a deal to secure a rig, opening the door for the spudding of a North Sea exploration well.
Jersey making ‘great progress’ in finding partner for GBA redevelopment
Jersey Oil and Gas is making “great progress” in its quest to find a partner for the Greater Buchan Area (GBA) redevelopment.
Prosafe lands extension worth $3.5m with BP for Seagull project
Prosafe (OLSO: PRS) has landed its first extension worth $3.5m (£3.1m) with BP to support development of the Seagull field in the UK North Sea.
North Sea oil revival may hinder renewables firm’s attempts to attract workers
A shortage of skilled workers is already costing the UK dear as various industries try in vain to attract staff.
Details of oil and gas climate checkpoint – that could herald North Sea ‘resurgence’ – imminent
A new dawn for North Sea could be imminent with long-awaited details about the UK’s climate compatibility checkpoint expected shortly.
Liz Truss trying to ‘drill her way’ out of energy crisis
Prime Minister Liz Truss has been accused of “climate denial” for her plans to issue more than 100 fresh oil and gas permits.
Norwegian-Scottish offshore wind partnership to support North Sea oil and gas decarbonisation
A pair of leading European offshore wind developers have unveiled plans to support North Sea oil and gas decarbonisation.
Katoni lands seven-figure deal with Dana Petroleum
Katoni Engineering has signed a three-year contract with Dana Petroleum, which includes a focus on cutting emissions and reaching net zero on its North Sea assets.
Dolphin Drilling returns to capital markets after three year absence
After three years away, Dolphin Drilling has today returned to the capital markets, with a view to a public listing at the end of next month.
Stork workers who took part in North Sea wildcat strikes to be disciplined, letter confirms
Stork has written to its employees that engaged in wildcat North Sea strikes last week to express the company’s “disappointment” in their actions.
More disappointment for Longboat Energy as Copernicus prospect flops
Longboat Energy (LON: LBE) has announced that the Copernicus exploration well offshore Norway has been plugged and abandoned after coming up dry.
‘She truly cared’: Oil chaplain offers poignant tribute to Queen Elizabeth
Aberdeen’s oil and gas chaplain has paid a poignant tribute to the Queen, reflecting on his own time serving Her Majesty and her care for those working offshore.
Reabold agreed £32m deal with anonymous ‘oil and gas major’ for stake in Corallian
An unnamed “oil and gas major” has struck a £32 million deal to acquire the controlling stake in West of Shetland operator Corallian Energy.
Drilling of Serica North Eigg exploration well hit by £3m, six-week delay
Drilling operations on the North Eigg exploration well have been hit by delays, Serica Energy (LON: SQZ) has confirmed.
In Europe, the path to net-zero goes through the North Sea
Earlier this month, energy leaders from across the world descended on Stavanger, Norway, for the annual Offshore Northern Seas (ONS) conference.
Equinor and Soliton target 100m barrel North Sea exploration prize
Equinor and Soliton Resources will drill an exploration prospect targeting up to 100 million barrels of oil equivalent in the UK North Sea.
Dozens of applications for Norway oil and gas licensing round
Dozens of companies have applied for acreage in the latest oil and gas exploration round in Norway, though it is the lowest figure in recent years.
North Sea is world’s ‘highest risk’ area for oil and gas legal disputes
Experts have said the UK North Sea is the “highest risk” location in the world for legal disputes to erupt in the oil and gas sector.
ConocoPhillips North Sea wildcat oil well proves fruitless
Operator ConocoPhillips (NYSE: COP) Skandinavia has concluded the spudding of a wildcat well in the Norwegian North Sea.
City veteran Spencer helps Deltic raise £15m for North Sea exploration
Deltic Energy (LON: DELT) has successfully raised £15 million to finance its ongoing operations, as well as further North Sea exploration.
North Sea firm Deltic aiming to raise £15m to cover costs and fund investment
London-listed Deltic Energy (LON: DELT) has announced plans to carry out a fundraise in order to support its ongoing and future activities.