The signing of a statement of intent by representatives of Libya’s National Oil Corporation (NOC) this week could mean “big business” for Aberdeen, said councillor Barney Crockett.
Aker Solutions UK country manager Sian Lloyd Rees said yesterday that the £8 million spent on the company’s rejuvenated subsea facility will help “build a world class service capability” in Aberdeen.
Aker Solutions has today announced the opening of its upgraded Dyce, Aberdeen site in order to target the growing UK subsea market.
Watch the full video version of the Women in Energy event, held at the Robert Gordon University’s Sir Ian Wood building in Garthdee.
Jim House, CEO of Neptune Energy, said today at Oil and Gas UK’s Business Outlook breakfast that he “didn’t expect to be back so quickly”; a sign that a North Sea oil recovery is in full swing.
Step Change in Safety has said disruption caused by the introduction of new survival training requirements for North Sea workers will be “minimal”.
Jim House of Neptune Energy will join Deirdre Michie of Oil and Gas UK (OGUK) and Neil Sims of Expro in Aberdeen next month to launch the North Sea offshore industry’ s 2018 Business Outlook report.
The Aberdeen-based Oil and Gas Technology Centre (OGTC) has reported £37million of co-investment in more than 70 projects in its first year.
The resurgent North Sea oil and gas industry is poised to pay more than £1billion in tax this year – and the SNP has called for the cash to be reinvested in the sector.
The announcement that Scottish unemployment fell by 1,000 over recent months has sparked muted optimism within the North Sea oil and gas sector.
Everyone knows the oil and gas industry has gone through a few very tough years. The North Sea was particularly susceptible being so dependent on oil and gas, with almost 200,000 people losing their jobs since the downturn began in 2014. That’s 39% of those employed in the industry out of work.
Post-Brexit visas could lead to the oil industry losing workers to other countries, an Oil and Gas UK (OGUK) manager has told MPs.
Industry workgroup Common Data Access (CDA) has issued new guidance to help operators plan decommissioning work more effectively.
The merger and acquisition (M&A) activity within the North Sea has surpassed $8billion in 2017, an indication that confidence is gradually returning to the North Sea.
Ray Riddoch, Nexen’s UK managing director and senior vice president of Europe, has taken over as co-chair of Oil and Gas UK.
Oil and Gas UK Chief Executive, Deirdre Michie today said the ‘tide is turning’ in the industry with $14 lifting cost anticipated for the end of the year.
The UK’s main trade body for the oil and gas industry is attending OTC in Houston for the first time in five years.
A tool developed with industry to help North Sea oil and gas companies meet new, legal requirements for collaboration has been launched by the Oil and Gas Authority (OGA).
Oil and gas production in the UK rose while the proportion of electricity produced by renewables in Scotland have hit an all time high, new figures show.
A £1.3billion North Sea field has delivered “first gas” in what has been described as a significant boost to UK energy security.
The head of one of Europe’s largest independent fund managers has warned that failure of oil and gas companies to invest during the downturn “will come back to haunt” them.
A spin out from Robert Gordon University (RGU) has helped a major North Sea operator save £6.5million with its fledgling software.
The boss of North Sea giant BP yesterday pledged to continue investment and exploration in the region but warned that “the worse may not be behind us yet”.
Up to a billion barrels of North Sea oil are at risk of being left in the ground as the downturn makes undeveloped fields “unviable”, a new report has revealed.
North Sea operators have been have been losing money for the past four years - since before the oil price crash, according to the annual economic report for 2016 by trade body Oil and Gas UK (OGUK).