Aberdeen-headquartered Altera Infrastructure (NYSE: ALIN-A) has said there will be no impact on its operations or employees as it enters a Chapter 11 bankruptcy process.
Neptune Energy CEO Pete Jones has warned that the UK’s windfall tax on oil and gas profits will threaten long-term investment in the sector, but have limited impact on the firm itself.
Activists have said “thousands of people” will take part in a planned week of protests this month against development of the Shell (LON:Shell) Jackdaw project in the North Sea.
Abu Dhabi state energy firm Taqa toasted a 54% surge in profits for the first half of 2022 amid an oil and gas price windfall.
Diamond Offshore (NYSE: DO) has been awarded $610 million of new contracts, with a new gig in the UK North Sea for the Ocean GreatWhite.
The former production ship for a BP (LON:BP) oilfield in the West of Shetland has arrived at Hunterston for partial decommissioning.
Macquarie Group is betting the North Sea - engine of the UK’s once-booming oil and gas industry - can be transformed into the green energy hub of Europe.
A Shell (LON:SHEL) exploration target in the North Sea has been named among Westwood Global Energy Group’s ‘key wells to watch’ for the rest of 2022.
North Sea operator CNR International is poised to hand millions of dollars back to shareholders after a bountiful start to the year.
There are concerns for the safety of crew aboard the Foinaven floating production, storage and offloading (FPSO) ship ahead of planned strikes this week.
Ancala Midstream, the operator of major North Sea infrastructure, is celebrating three decades of supplying gas to UK homes.
Hibiscus Petroleum (KLS: HIBISCS) is preparing a number of subsea contracts in relation to its Teal West project in the UK North Sea.
I3 Energy has completed a farm-out of a 25% working interest in its Serenity field to Europa Oil and Gas.
As of 25 July, Westwood Global Energy reports that there are three exploration wells active, with two in the CNS and one in the NNS.
Parkmead Group (LON: PMG) has launched a farm-out process for the Greater Perth Area (GPA) project in the Central North Sea.
A slight delay to the start-up of the Pierce gas expansion project in the UK North Sea has been confirmed.
Ben van Beurden has claimed high oil and gas prices aren’t the sole reason for Shell (LON: SHEL) posting record for profits for the second quarter in a row.
There has been no change to Shell’s stance on Cambo and it still has no intention to progress the field, the company’s chief executive has confirmed.
The UK arm of global firm Mermaid Subsea Services (MSS) plans to significantly grow its headcount in the north-east following a move to new premises in Westhill.
UK Government is being urged to give urgent clarity about future support for carbon capture and storage (CCS) projects.
Petrofac (LON: PFC) has landed a contract extension with EnQuest – taking it beyond 20 years as the duty holder on the Kittiwake asset in the North Sea.
Carbon capture and storage (CCS) could create and underpin thousands of green jobs in the north and north-east of Scotland in the coming years.
Norwegian exploration and production firm Var Energi (OSLO: VAR) expects to dish out a minimum of $1 billion in dividends this year.
Shell (LON: SHEL) and Deltic Energy (LON: DELT) have decided to invest in a high-impact exploration well in the UK North Sea.
UK business secretary Kwasi Kwarteng will meet with North Sea oil and gas producers today to discuss the government’s windfall tax.