Crystal Amber chairman hits out at ‘egregious’ Hurricane Energy proposals
The chairman of activist fund Crystal Amber has claimed its “decisive action” saved $22million which would have been lost from Hurricane Energy.
oil and gas
ADNOC Drilling IPO raises $1.1bn after investors place $34bn of orders
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.
i3 Energy targets appraisal on ‘company-maker’ Serenity field in Q1
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.
Alatas in North Sea boost with Ithaca Energy contract
Alatas has strengthened its presence in the North Sea after being awarded a three-year crane operations and maintenance contract with Ithaca Energy.
Competition watchdog launches formal inquiry into Babcock and CHC helicopter merger
A formal inquiry has been launched by the competition watchdog into the merger of CHC and Babcock helicopters.
OGA chairman accuses Russia of ‘using energy supplies as a weapon’ over gas price crisis
The chairman of the Oil and Gas Authority (OGA) has levelled an accusation at Russia over its role in the gas price crisis.
BP to ration fuel deliveries to petrol stations due to shortage of lorry drivers
BP has said it will ration out supplies of petrol and diesel to stations across the UK as the shortage of lorry drivers bring concerns of supplies running out.
Harbour Energy back in black, aims to reverse production drop
Harbour Energy has returned to profits and is predicting a boost to its North Sea production as drilling campaigns get underway.
Gas prices: Energy firms warned government two years ago that sector was fragile
The boss of an energy industry body has said her team warned the Government and Ofgem that the sector was fragile at least two years ago.
Smoke from decommissioned Ninian Northern oil platform ‘not hazardous’
Waste specialist Veolia has dismissed any suggestion that the smoke seen billowing from the decommissioned Ninian Northern platform in Shetland could have been toxic.
Aberdeen Uni and NZTC unveil £1.6m simulator to ‘transform’ North Sea decommissioning
A £1.6million simulator has been unveiled which is expected to “transform” the way oil platforms are decommissioned and new energy projects are installed in the North Sea.
Courts proving another tool in the arsenal for climate activists and oil firms
With COP26 approaching, amid reports that police are preparing for major civic disruption, there are also plans that the Scottish criminal courts may be opened for extra sessions to deal with a potentially high number of arrests during the conference.
ADC Energy’s diversification strategy paying off
Bosses at ADC Energy, of Aberdeen, say the energy services firm's diversification strategy has "come to fruition" with its latest contract.
Subsea UK and Strathclyde Uni to host ‘oil and gas to renewables’ course next month
Trade body Subsea UK has teamed up with Strathclyde University to host a course on the technical and business aspects of the offshore renewables sector.
North Sea infrastructure could get fresh lease on life with hydrogen production
A new report has examined how ageing North Sea infrastructure could be repurposed for wind-powered hydrogen production.
International demand for its oilfield technology boosts revenue at north-east firm Tendeka
Bosses at oilfield services firm Tendeka are toasting new international contracts worth more than £22 million for work over the next three years.
Shell sale of Nigeria assets faces dollar-crunch challenge
Lenders in Nigeria likely don't have enough dollars to fund clients seeking to acquire assets put on sale by the local unit of Shell, the country’s biggest lender said.
Brexit ‘delays net-zero goal’, warns SNP minister
Brexit is undermining the battle against the climate emergency, a senior SNP government minister warned.
Longboat Energy hails kick-off on drilling for first ever exploration well
Longboat Energy has hailed the start of drilling on its first ever exploration well.
Aker Solutions and Subsea 7 win FEED work for NOA Fulla project
An alliance of Aker Solutions and Subsea 7 has won front-end engineering and design (FEED) work for the NOA Fulla field development in Norway.
’40 years in the oil industry…but nothing has been as rewarding as this’: Boosting business with Grey Matters
“The opportunities to make a difference, to be involved in something that becomes a legacy…as you get older you realise those opportunities are not every day.”
Nicola Sturgeon told ‘pick a side’ as Tories force vote on oil and gas
The SNP has been urged to back the Cambo oil field off Shetland, ahead of a vote brought forward by the Scottish Conservatives.
Deltic chairman: ‘We need natural gas and should be producing it domestically’
The chairman of Deltic Energy has underscored the need for domestic natural gas supply in the UK in order to meet net zero.
Stauff: Protection for Stainless Steel Pipework Installations
Stainless steel pipework on oil and gas platform and processing plants is used over a wide range of temperature, flow and pressure conditions, e.g. for process instrumentation and sensing, as well as for chemical inhibition, hydraulic or utility and other fluid power lines.
Ithaca agrees $1billion deal for Marubeni North Sea assets: Report
Ithaca has agreed to acquire the North Sea assets of Marubeni in a $1billion deal, according to a news report.