Subsea UK event to focus on financing growth ambitions
A Subsea UK event in Aberdeen next week is aimed at helping companies finance their growth ambitions.
oil and gas
Pipeline repairs shut production at three North Sea platforms
Pipeline repairs have shut down production at three North Sea platforms.
Shell terminal cordoned off during gas leak
Shell UK’s Braefoot Bay terminal was cordoned off following a gas leak in the early hours of Friday morning.
Tourism boss ‘hopeful on recovery’ amid host of Aberdeen oil events
A tourism boss has set out hopes that a series of oil and gas events could help bring a recovery for Aberdeen’s hotel market this year.
Maersk Drilling bullish despite drop in revenues
Maersk Drilling has delivered a bullish market outlook for 2019, despite a drop in revenues.
Analysts predict boost for offshore rig rates amid surge in activity
Offshore rig rates are due to surge within two years as activity accelerates, according to new data.
Energy sector ‘gone backwards’ on gender balance since 2018, says report
The energy sector has “gone backwards” on gender balance since last year, according to a new report on the country’s top 80 companies.
Norway approves extension to giant Johan Sverdrup project
Norwegian authorities have approved an extension to the giant Johan Sverdrup development off the country’s coast.
Chrysaor posts £800m profit in first year after Shell mega deal
North Sea operator Chrysaor has made a large profit in its first full year since its £3billion mega deal with Shell.
Updated: Seapulse entry continues North Sea ‘trend’ of private equity newcomers
A “trend” of private equity-backed newcomers to the North Sea has been carried on with the entry of Seapulse.
Aqualis to acquire Braemar’s offshore business
Aqualis Offshore has entered into an agreement to acquire parts of Braemar Technical Services’ business to become a “leading” offshore consultancy.
Lawyer warns of visa issues amid North Sea ‘recruitment rush’
Renewed activity in the North Sea is seeing oil and gas companies ramp up recruitment into the region.
Energy sector facing ‘mammoth tasks’ on climate and diversity, says incoming EI president
The incoming president of the Energy Institute (EI) has said the industry is facing “mammoth tasks” in climate change and diversity.
Diversification strategy is paying off for Wood
Wood chief executive Robin Watson said yesterday the Aberdeen-based energy service giant was successfully “broadening” its business and becoming less reliant on offshore oil and gas projects.
Delegates leave OTC with a smile
For dozens of north-east delegates attending this year’s Offshore Technology Conference (OTC) in Houston, the trip was the place to tout for international business and make invaluable contacts.
Occidental wins $38billion bid for Anadarko as Chevron bows out
Occidental Petroleum Corp. will move forward with its $38 billion takeover of Anadarko Petroleum Corp., the oil industry’s biggest deal in at least four years, after Chevron Corp. bowed out of the bidding.
Downturn helped new company to flourish
It has been a busy three years for integrity management firm Imrandd.
Applying local expertise, globally
Expertise in the North Sea oil and gas industry is abundant and it’s easy to see why. As a complex sector that has evolved and fine-tuned itself over the last 50 years, it continues to meet the bulk (almost 60%) of UK oil and gas demand and support – that’s more than 280,000 jobs in the supply chain.
Response to Attenborough’s climate warnings will determine future of oil and gas
Attenborough: "Things are going to get worse".
Conditioned for success
American author Alan Cohen said: “Do not wait until the conditions are perfect to begin. Beginning makes the conditions perfect.”
Chevron will walk away from $33 billion deal to buy Anadarko
Chevron Corp. is abandoning its $33 billion offer for oil driller Anadarko Petroleum Corp., the culmination of a month-long bidding war in which Occidental Petroleum Corp. prevailed over a rival five times its size.
Prosafe reports loss amid ‘modest’ activity and lower day rates
Offshore accommodation vessel owner Prosafe reported a loss for the start of the year amid “modest” tendering activity.
Germany makes formal objection to Shell’s Brent decommissioning plans
The German government has made a formal objection to Shell’s plans to decommission the Brent field in the North Sea.
Wood appoints 40-year industry veteran as new chairman
Aberdeen energy services firm Wood has appointed a 40-year veteran of the oil and gas industry as its new chairman.
Brexit ‘has not killed appetite to invest’ in UK North Sea, says Equinor boss
Equinor’s UK boss has insisted Brexit “has not killed appetite to invest” in the North Sea.