Dutch oil and gas sector mulls UK-style transition deal
Amid the departure of Shell and the planned closure of the country’s largest gas field, producers in the Netherlands are calling for greater clarity over the future of the Dutch North Sea.
oil and gas
‘Transition, not extinction’ – Kwarteng says UK can’t turn its back on 250,000 oil and gas jobs
The UK’s business and energy secretary has defended the role of the oil and gas industry in the transition to net zero.
Oil and gas windfall tax: Why are people calling for it, and what could it do to jobs and bills?
Oil and gas giants announced bumper profits, prompting renewed calls for a windfall-tax to help those struggling to pay rising energy bills.
Air Control Entech to double headcount and open new Aberdeen office
Aberdeen-headquartered remote inspection technology firm Air Control Entech plans to double headcount and open new offices after a “record” year.
Equinor hails ‘record’ earnings for Q4 2021 as European energy prices skyrocket
Equinor has hailed “record adjusted earnings” in Q4 of 2021 as European energy prices reached unprecedented levels.
Diver celebrates Scotland rugby win 100 metres below the surface
Be it at your local pub, round at your mate’s or at Murrayfield itself, Scots up and down the country were celebrating the Six Nations rugby win over England on Saturday.
BP chief opposes windfall tax: ‘The UK needs more gas, not less, right now’
The chief executive of BP has argued a windfall tax on North Sea operators could hurt investment and production of gas in the region.
BP fuels calls for windfall tax as oil giant posts £11 billion profits in 2021 results
Oil giant BP has pledged to spend double what it earns in the UK in the coming years - but huge profits in its 2021 results and pressure on consumers have strengthened calls for a North Sea windfall tax
Aker Solutions profits surge as it aims for ‘record high order intake in 2022’
Engineering giant Aker Solutions has reported healthy profits in its 2021 results and sees potential for orders to reach “record high” levels in the coming year.
Oil and gas expertise helps drive the wind of energy change
When Crown Estate Scotland announced the outcome of its application process for ScotWind Leasing in January, it marked the first Scottish offshore wind leasing round in over a decade. It also demonstrated one of many ways our industry is actively focused on reducing its carbon footprint.
Energy Voice supplement – February 2022
Energy Voice’s latest monthly supplement has been published with The Press & Journal.
Matheson ‘not entirely opposed’ to North Sea windfall tax
Scotland’s energy secretary says he is “not against the idea entirely of some kind of windfall tax” on North Sea oil and gas producers.
Passion for energy sector driving new Peterson Energy Logistics CEO
Positivity, partnership and people are the three main elements of a successful logistics business as it enters a new diverse energy market – that is according to Sarah Moore, the new CEO of Peterson Energy Logistics.
Bristow with high hopes for oil and gas despite ‘disappointing results’
Helicopter operator Bristow (NYSE: VTOL) has posted a set of “disappointing financial results” as a combination of issues, including Hurricane Ida, dented profits.
‘$900 million to get to first oil’ for Pilot, says Orcadian Energy CEO
Orcadian Energy is “looking at around about $900 million to get to first oil” for the Pilot field in the central North Sea.
Shell celebrates ‘momentous’ 2021 results with $8.5 billion share buyback and dividend raise
Shell (LON:SHEL) has hailed a “momentous year” in 2021, making dual announcements to keep shareholders happy as profits surged for the energy giant.
Italy weighs bolstering Saipem management after profit warning
Italy’s state-backed lender may push to appoint executives that will join Saipem SpA’s management team after the oil drilling specialist issued a surprise profit warning this week, according to people familiar with the matter.
Digital Petroleum Week London kicks off later this month
A global gathering that connects key players in the digital oil tech ecosystem...
Stena Drilling lands deal with Petrofac as Gannet E expansion project progresses
Stena Drilling has won work for a drilling campaign with Petrofac in the UK North Sea for Tailwind’s expansion of the Gannet E field.
BP’s Russia risk rises again as Ukraine crisis simmers
Of all the international oil majors, BP potentially has the most to lose if the situation in Ukraine triggers a crisis between Russia and the West.
Aberdeen oil firm Parkmead acquires onshore wind business for £3.3m
Aberdeen oil firm Parkmead Group (LON: PMG) has acquired an onshore wind business for £3.3 million.
Maersk Drilling lands $32 million contract extensions off Malaysia
Maersk Drilling has landed $32 million worth of contract extensions off Malaysia.
$100 oil may be coming within months, Chevron CEO says
$100 oil prices are possible in the next few months as geopolitical risks and “struggling” supply hit global crude markets, said the chief executive of Chevron.
TotalEnergies sells partial West of Shetland stake to Kistos in £123 million deal
TotalEnergies has agreed to sell a 20% stake in a package of West of Shetland assets to Kistos Energy in a deal worth more than $165 million (£123 million).
Nearly 50 jobs saved and more to be created as PD&MS buys Optimus Aberdeen out of administration
Nearly 50 jobs have been saved and about the same number are expected to be created after the acquisition of engineering consultancy Optimus (Aberdeen) from administration.