Corallian adds 10million North Sea barrels with new deal, Reabold ups stake
Corallian Energy has added another 10million barrels of oil equivalent to its North Sea portfolio thanks to a new deal.
oil and gas
Man who stole secrets for China targeted Texas deepwater oil drilling tech
A man who stole deepwater trade secrets on behalf of China was convicted in federal court, highlighting the fierce competition between the world’s economic superpowers for oil-drilling supremacy.
Aberdeen stages Women in Engineering conference
Dozens of girls from schools throughout the UK are in Aberdeen for a conference designed to attract more young women into engineering careers.
Lower oil price offsets ‘good performance’ for BP in second quarter
Lower oil prices offset an otherwise good performance for BP in the first half of the year, while major projects such as Culzean in the North Sea came online.
Greenpeace activists at risk of prison time over BP protest
Five protesters have admitted their parts in the Greenpeace occupation of an oil rig in the Cromarty Firth last month.
Prep work under way for decommissioning Ninian Northern platform
Preparation work is under way ahead of dismantling a 12,500 tonne oil platform in the Northern North Sea.
RMT to launch whistleblowing app for offshore workers
RMT plans to launch a mobile app next week which will allow workers to “whistleblow” on offshore safety incidents via their phones.
Total to sell another £4billion of assets following North Sea deal
French energy giant Total has announced plans to sell another £4billion of assets, mainly from oil and gas, in this financial year.
‘We are winning’ says TechnipFMC boss as orders surge by 75%
TechnipFMC's chief executive has declared “we are winning” amid what he described as an “unprecedented” level of orders for the company.
Taqa moves to oust RockRose Energy as operator of North Sea hub
RockRose Energy faces being ousted as operator of a North Sea hub as it is today re-admitted to the Stock Exchange.
Cnooc spuds Cragganmore appraisal in West of Shetland
Cnooc International has started drilling an appraisal well at its Cragganmore discovery in the West of Shetland.
‘Outstanding’ year for Repsol Sinopec as profits top £1.3billion
Repsol Sinopec Resources UK (RSRUK) has hailed an “outstanding” 2018 after tripling pre-tax profits to more than £1.3billion.
Halliburton cuts 8% of North American workforce amid fracking slump
Houston oilfield service company Halliburton said it cut 8 percent of its North American workforce as it took fleets of hydraulic fracturing equipment from the field in response to a continued slump in demand for fracking services in the United States and Canada.
Oil giant Saudi Arabia to start first wind-power plant
Saudi Arabia, the world’s biggest oil exporter, is poised to start generating wind power within three years as part of an effort to harness renewable energy to cut local demand for fossil fuels.
Munro’s Travel wins contract with Archer
Leading North-east travel management company, Munro’s Travel, has secured a business travel contract with global oil service firm Archer (UK) Ltd.
Exceptional North Sea firms to be recognised at Gold Awards
Exceptional oil and gas companies of all sizes will be recognised at one of the industry’s most prestigious awards ceremonies later this year.
Guyana’s plans to raise oil royalties could ‘diminish attractiveness’
Guyana’s plans to raise oil and gas royalties may “diminish attractiveness” to future investors, according to new analysis.
Theresa May to lead emergency meeting on Persian Gulf security
Prime Minister Theresa May will lead a meeting of the U.K. government’s emergency committee on Monday to discuss the security of shipping in the Persian Gulf after Iran seized a British oil tanker in the Strait of Hormuz last week.
Perenco UK swings to £250m profit thanks to Wytch farm acquisitions
Perenco UK has swung to a profit following a spate of deals to gain control of the largest onshore oilfield in Western Europe.
Former Unaoil executive pleads guilty in Serious Fraud Office bribery case
A former Unaoil executive has pleaded guilty to five offences of conspiracy to give corrupt payments amid a Serious Fraud Office (SFO) investigation.
EnerMech hit with cyber attack across global business
Aberdeen-headquartered energy services firm EnerMech has confirmed it has been hit by a cyber attack.
Schlumberger appoints former North Sea boss as new chief executive
Oilfield services giant Schlumberger has appointed a former North Sea boss as its new chief executive.
Nautronix changes hands for second time in less than four years
Marine technology firm Nautronix has changed hands for the second time in less than four years.
Trump says US ship downed Iran drone but Tehran denies it
President Donald Trump said the U.S. “immediately destroyed” an Iranian drone that approached the USS Boxer near the Strait of Hormuz, though officials in Tehran denied losing one.
New deals could net up to £1.5million for Aberdeen robotics firm
Two new international business partnerships could net up to £1.5 million over the next 12 to 18 months for Aberdeen firm Spectis Robotics.