UK business secretary Kwasi Kwarteng has been grilled over the decision to reject the Scottish Cluster from the first round of a £1billion government carbon capture utilisation and storage (CCUS) competition.
The Victory discovery in the west of Shetland has been given a £47million boost to its value after finding more recoverable gas.
The new UK energy minister has reaffirmed his support for the oil and gas industry as the COP26 climate summit beckons.
CNR International has announced it will introduce mandatory vaccinations for North Sea workers.
I’ve just received a round-robin email from Greenpeace calling on Brits to tweet Boris and kill off North Sea oil & gas right now.
Work has been stopped at the flagship North Sea project of IOG after an “issue” was uncovered on the leg of an oil rig.
Subsea 7 (OTCM: SUBCY) has revealed plans to achieve net zero emissions from its own operations by 2050.
Longboat Energy (LON: LBE) and Var Energi have announced a discovery at the Rodhette gas exploration well.
An energy industry consultancy's diversification into renewables is expected to create new jobs in Aberdeen, London and other global locations.
Clyde Training Solutions (CTS) have partnered with ITB Competence Assurance Limited (ITB) to develop training packages specifically aimed at Armed Forces personnel wishing to transition to the Energy Sector.
For decades now oil and gas companies have been focused on making the decisions that matter when it comes to safely maximising production from their assets. But now there is a pressing need to also minimise the environmental impact of those operations. And the pressure to cut emissions is mounting by the day.
The UK’s offshore oil and gas industry could come to an end within a decade on the current reserves/production trajectory, according to data recently published by regulator, the Oil and gas Authority.
Shell (LON: RDSA) has said that it expects cash flow to be bolstered by soaring prices for gas and electricity.
You do not have to look far to find arguments that the UK is more polarised than it has been for decades.
As we approach the COP26 Climate Conference which begins in Glasgow on 31st October, it feels as if the oil and gas industry has never been more in the political spotlight.
The energy industry has traditionally relied on skilled contractors for project delivery, offering an attractive route for flexible work long before many other sectors realised its benefits. But it now risks being left behind in the post-pandemic competition for talent.
Increasing pressure is being put on upstream operators to decarbonise their operations, from investors, the regulator and the wider public. But while North Sea energy companies are moving to cut emissions, they still have challenging assets on their hands.
The Montreal Protocol of 1987 has been described by the UN as a “truly unparalleled contribution to climate mitigation efforts”.
As in life, the Energy Transition and achievement of Net Zero, in my mind, is about balance.
An Aberdeen-headquartered energy consultancy is expanding its footprint across the Atlantic with the acquisition of Houston-based Ocean Geo Solutions (OGS).
As a sector specialist, 4MS bring to market the latest, smartest solutions to everyday challenges in Offshore Oil & Gas and Renewable energy. Let’s explore the capabilities of Computer Vision and explain how IoT and AI can support your health and safety efforts by improving the monitoring of people, equipment and physical spaces.
Westwood Global Energy reports that as of 29 September there were two appraisal wells and two exploration wells active in the UK.
The chairman of activist fund Crystal Amber has claimed its “decisive action” saved $22million which would have been lost from Hurricane Energy.
ADNOC (Abu Dhabi National Oil Company) has announced that it has raised more than $1.1billion through the IPO of its subsidiary ADNOC Drilling, which was vastly oversubscribed.
Westhill-based i3 Energy has said it will seek to drill an appraisal of its “company-maker” Serenity project as early as the first quarter of next year.