North Sea helicopter pilots vote for strike action
North Sea helicopter pilots working for CHC have voted to take strike action following a pay dispute.
oil and gas
Exploro opens base in Aberdeen
A Norwegian geological and geophysical market leader has underlined its commitment to the future exploration of the North Sea by opening an office in Aberdeen to serve its existing and new clients on the UKCS.
Shape of things to come in UK M&A market
Following a period of relatively low deal activity, in 2018 we started to see an uptick in deals – but that has paused slightly since the oil price fall at the end of 2018. Are there more deals to be done, or has oil price volatility cooled off the M&A market? What do the trends and themes seen in some of the latest UKCS M&A deals tell us?
Innovation as standard
Scotland is synonymous with globally significant innovation, having brought the world television, the telephone, the steam engine, anaesthesia, radar, the cash machine and the world’s first mammal cloned from an adult stem cell – Dolly the sheep.
US energy powers ahead
As the global industry assembles in Houston for the Offshore Technology Conference, it will be in the midst of a quiet American revolution.
Oil price rise stimulates deals activity
Anderson Anderson & Brown Corporate Finance (“AABcf”) are delighted to share with you our quarterly Deals+ update for Q1 2019 in conjunction with Energy Voice, highlighting selected Oil & Gas M&A and Fundraising transactions across the UK.
JFD: Deeply dangerous tasks
Commercial divers operate in some of the most dangerous and extreme conditions of any industry.
Know the secrets of success in guarding your ideas
It’s no secret that new technology is vital to the oil and gas industry – the number of patent applications for downhole technology filed annually at the European Patent Office has increased by 50% since 2009.
Right set of skills required to decommission
As many North Sea oil and gas assets reach the end of their productive lives, decommissioning is increasingly on the C-Suite agenda.
Transaction, transition and integration the key
Recent economic challenges in the upstream sector have created a new wave of opportunity and optimism in the North Sea.
BP approves new expansion to Thunder Horse in Gulf of Mexico
BP has approved another expansion to one of the largest oil fields in the US Gulf of Mexico.
Well drilled to boost production from Ithaca’s Cook field
A new water injection well has been drilled to boost production from Ithaca’s Cook field in the North Sea.
Subsea hub vision goes beyond oil and gas
Plans for a multi-million-pound global underwater engineering “hub” in Aberdeen could see the Granite City become the focal point of UK expertise in renewable energy acquaculture, defence and oil and gas subsea technologies, it emerged yesterday.
Craig International wins £20m North Sea contract with BP
Oilfield services firm Craig International has won a North Sea contract worth around £20million with BP.
Diving into the blue economy: Subsea UK welcomes govt support for underwater hub
Like the majority of the work the UK underwater engineering industry carries out, its contribution to the economy has been largely hidden from view nationally.
Gulf of Mexico about shift in mindset, says Shell VP
Deep-water Gulf of Mexico has always been about making the impossible possible, according to Rick Tallant, Shell’s vice-president of production for the region.
OTC conference a microcosm of most majors’ drives
The agenda for this year’s Offshore Technology Conference (OTC) in Houston can be compared to the strategies of most oil and gas majors.
We need to look ahead
As many prepare to head across to Houston for 50 years of OTC, it’s worth noting that, while there will be a Golden Anniversary Gala Dinner to mark that milestone, the opening session of the conference is about the next 50 years for our industry.
Tendeka: Growing our presence in the UKCS
With North Sea oil and gas production reaching its highest point in the last seven years, it is no surprise that the last year has been Tendeka’s strongest in the UK to date.
Showcasing UK talent at OTC
‘Going the distance’ is the theme of OTC this year as the annual conference celebrates its 50th anniversary – a pivotal exhibition for the UK oil and gas industry to showcase its capabilities on an international stage.
US Gulf set for ‘big year’ of M&A deals
The US Gulf of Mexico is in the midst of a “big year” of mergers and acquisitions, a top analyst has said.
Loganair competes for oil worker business with new routes from Aberdeen
Scottish airline Loganair said yesterday it was going ahead with plans to operate two key routes from Aberdeen.
Prime Minister backs Aberdeen subsea engineering hub
Theresa May will today announce UK Government backing for a multi-million-pound Aberdeen underwater engineering hub to help the oil industry diversify into green energy.
Azinor commits to drilling programme for 495million-barrel North Sea prospects
Azinor Catalyst has committed to drilling two prospects in the North Sea next year.
Equinor profit beats estimates as oil output tops prediction
Norway’s Equinor ASA beat profit estimates after pumping more oil and gas than predicted.