SPX Flow upgrades Dyce base with £200k investment, creating new jobs
Global industrial equipment supplier SPX Flow said yesterday that it had invested £200,000 in upgrading its Aberdeen service centre.
Global industrial equipment supplier SPX Flow said yesterday that it had invested £200,000 in upgrading its Aberdeen service centre.
The Oil and Gas Technology Centre (OGTC) expects to start work on at least another 12 development projects by the end of the year.
Wood Group’s chief executive has said that decommissioning is a “double-edged sword” for the oil industry.
An uptick in North Sea mergers and acquisitions (M&A) activity in the first half of 2017 was a “tentative sign” that investor confidence is starting to return to the oil and gas sector, a new report said.
The exchequer secretary to the UK Treasury said yesterday that the North Sea oil industry had set a great example for other sectors to follow.
Reforming the decommissioning tax relief system would create a “sweet spot” for the UK Government and the oil and gas sector, an industry expert has said.
In the upstream oil and gas industry, standardisation has long been an effective way to make operations safer and more sustainable. Increasingly, the principle of establishing global standards to all aspects of operations – including purchasing – is helping to tackle the universal problems of escalating project costs and expanding schedules.
A UK Treasury minister has called for North Sea industry to seize the opportunity to become a pioneer in offshore decommissioning.
North Sea industry needs to “face the facts” and accept that it must cut costs even deeper to remain competitive, a senior industry figure has said.
In a throwaway comment, Ben van Beurden found himself front and centre on the national media’s radar.
Since the 2014 Wood Review, Maximising Economic Recovery has been the remit of the Oil and Gas Authority. To achieve this, data transparency was a key aim, and in late 2016 the OGA delivered a 'Small Pools' dataset. Here, free data packages were provided for undeveloped resource on the UKCS.
Even before North Korea detonated its most powerful nuclear bomb yet, Japan was calling for moves to cut off its oil supply.
Attend any industry conference and signs that the wider oil, gas and chemicals industries are starting to embrace digitalisation will soon become apparent. The audience is moving from predominantly information technology (IT) personnel interested in the bits and bytes of data, to that of production engineers or management keen to know exactly and practically how digital can save the day.
A top diplomat said yesterday that Norway would remain a “close and valued” partner of the UK against a backdrop of political uncertainty.
North Sea decommissioning start-up Well-Safe Solutions today announced two more senior appointments and revealed where it will be based.
Energy editor Rita Brown heads to the Hague to hear exclusively how Shell’s chief executive has viewed the last three years since the oil price crash
A North Sea retreat is not on the cards for Shell, according to its chief executive.
As we approach Offshore Europe 2017, it’s worth considering the progress that the oil and gas sector has made in the UK since the previous conference in 2015.
Total has shed its remaining interest in the North Sea Gina Krog field.
The partners of the landmark Johan Sverdrup development have wiped another NOK5billion off the final project costs.
The Conservatives have been accused of showing “shameful contempt” towards the North Sea industry after it emerged a promised “oil and gas ambassador” has never been appointed.
Inspectors forced Shell to shut down a North Sea platform in June after discovering pipework was in a dangerous condition.
There is no sought after 'magic' price tag for a barrel of oil, the Scottish energy minister has said.
As Hurricane Harvey shutters Texas oil extraction, the International Energy Agency (IEA) makes clear that record US oil stocks will be made available in the event of extended power outages.
Lerwick Harbour will host a string of key players today as it sets out it plans to become a "decommissioning centre of excellence".