Saudi Aramco, the world’s largest oil company, has received $75 billion in orders for its debut bond sale, kickstarting an offering with yields likely to fall in line or below Saudi Arabia’s sovereign debt.
A former legal expert for French oil giant Total has has been appointed partner at Brodies’ Aberdeen office.
Scottish oil and gas explorer Cairn Energy has appointed a former executive of National Grid and aerospace firm BAE Systems to its board.
The UK Government has agreed to pay up to £400million in oil and gas decommissioning relief to one of Japan’s largest trading companies.
The water supply on BP’s Clair platform, west of Shetland, has been restored after contamination fears were dismissed.
In a bond sale closely watched by investors globally, Saudi Aramco and its bankers are preparing to kick off what could be at least a $10 billion offering this week. Early indications suggest investors are already crowding in.
The oil and gas industry has experienced a period of stress with the downturn in energy prices.
Dozens of Petrofac workers have this week transferred over to North Sea operator EnQuest.
There have been big changes for Falck Safety Services, now RelyOn Nutec, since it was bought over last summer.
A documentary opens this week telling the true story of how a diver became stranded at the bottom of the North Sea after losing his lifeline to air, heat and communications.
Petrofac has won a decommissioning contract worth around £12.2m with Tullow Oil.
A jury in the trial of a woman and two men accused of murdering Aberdeen oil worker Steven Donaldson has been shown graphic images of the 27-year-old lying dead beside his burned out BMW in the car park of an Angus nature reserve.
Petrofac chief executive Ayman Asfari saw his take-home pay increase by 15% last year, pocketing £1.7million.
A decade on since a fatal crash in the North Sea, helicopter transport remains the “biggest concern” for the offshore workforce.
Survivex is reporting the highest numbers of people through its doors since before the 2014 oil price crash.
In 2009, all fourteen passengers and two crew died when a Super Puma came down in the North Sea close to Peterhead. Since then a further 17 families have lost loved ones who stepped aboard a Super Puma helicopter. So, it seems not only a rhetorical question but an insulting one to ask whether the lessons from ten years ago have been learned by the industry.
With just five weeks to go until the Offshore Technology Conference (OTC) kicks off, plans are well under way to make Energy Voice’s next breakfast briefing in Houston its best ever.
BP chief executive Bob Dudley pocketed £11.2million in 2018, amid an “exceptional year” for the energy giant.
North-east firm Motive Offshore said yesterday it was targeting “ambitious” growth after a multimillion-pound private equity investment.
Air accident investigators have launched an inquiry after a helicopter landed on the wrong North Sea platform this week.
Aberdeen-based KCA Deutag saw its losses widen by 68% in its full year accounts yesterday, despite a “robust” performance from its North Sea business.
Engineering group Tekmar has acquired 80% of a renewables and subsea consultancy – for just £2.
Depreciation costs, corporation tax and discontinued operations have led to heavy losses for Aberdeen-based Plexus Holdings.
Strikes involving more than 200 North Sea workers have been called off.
A crisis management firm is launching a new data system which it said will "protect lives” of workers offshore.