Serica forced to delay Erskine restart
Serica Energy today confirmed the delayed restart of the Erskine field.
oil
Faroe spuds well in cradle of “giant oil fields”
Faroe Petroleum has spud its latest exploration well in the "prolific" Tampen area.
Storm Harvey’s impact on oil prices could already be wiped out by end of week, experts say
The effects of Storm Harvey could be felt in the US for a long time to come, but it won't be noticed by the North Sea oil and gas industry.
Iraq braves break with tradition in search of oil’s true worth
OPEC’s second-largest producer is stepping up the campaign to get more for its oil by looking to revamp the way it sells crude to its biggest customers.
Oil and water can be combined under high pressure, scientists find
Oil and water are famed for not mixing, but scientists have now discovered they can be forced to combine under special conditions.
Divers find remains of mission sailors after oil tanker crash
US military divers have recovered the bodies of all 10 sailors killed in a collision between an American destroyer and an oil tanker near Singapore.
Libya’s oil disruptions widen as two more fields halt output
Two more oil fields in Libya are being closed after an armed group took over pipelines to both deposits, further disrupting the OPEC nation’s plan to boost crude production.
Songa Offshore warns North Sea vessel market ‘tightening’
A Norwegian offshore vessel contractor said today that an increase in tendering meant North Sea markets were "tightening".
i3 Energy close to submitting Liberator field development plan, shares leap
Fledgling oil firm i3 Energy said today that it would hand in a development plan for the North Sea Liberator field "in the coming months".
Oil workers ‘could have been killed’ after flying into gas leak thought to be a false alarm
Oil workers responding to what was assumed to be a false gas alarm on a North Sea installation found themselves trapped by a "highly flammable" hydrocarbon release capable of killing everyone onboard.
65 jobs secured at CAN with Apache North Sea contract retention
Up to 65 jobs have been secured after international oil field services firm Can Group retained a contract for US operator Apache’s UK assets.
Saudi sprint in China oil race shows where priorities lie
Saudi Arabia has moved back up a notch in the race to supply oil to China, signaling its eagerness to compete for market share in Asia’s biggest crude consumer.
Oil climbs as stockpile drop allays worries over summer’s end
Oil markets were happy to hear that summer isn’t over just yet, as the US government reported another decline in crude and gasoline stockpiles.
Updated: Premier’s Catcher FPSO set for ‘imminent’ departure, Tolmount platform pact signed
The vessel for the North Sea Catcher field has left its yard in Singapore and is expected to depart for the UK “imminently”, Premier Oil said today.
EnQuest and Dana reach deal over Eagle drilling
Oil producer EnQuest said yesterday it had struck an agreement with Dana Petroleum on the Eagle discovery in the central North Sea.
Scotland’s debts cut as black gold boosts coffers
Scotland’s deficit has been cut to £13.3billion over the past year.
Scotland’s deficit falls thanks to increase in North Sea revenues
Scotland’s deficit fell to £13.3 billion for 2016/17 amid an increase in oil and gas revenues, according to new figures.
EnQuest says Dana withdrawing from Eagle discovery
EnQuest said today that Dana Petroleum had "confirmed its intention" to exit the Eagle discovery in the central North Sea.
EnQuest hit by delays in ramping up production from Kraken
EnQuest said today that operational issues with the FPSO for the Kraken field had forced the North Sea operator to lower its short-term production forecasts.
Well-Safe bolsters team with two new directors
Fledgling North Sea decommissioning firm Well-Safe Solutions has continued its early momentum with the appointment of two new directors.
Wood Group looking to woo North Sea newcomers
Wood Group’s boss said yesterday that the firm was hoping to do business with new entrants to the North Sea.
‘Oil slump to blame for fall in bus user numbers’
Bus operators have blamed the downturn in the North Sea oil and gas industry for plummeting passenger numbers at two north-east park and ride services.
Cairn Energy profits rise as company reaps Kraken rewards
Scottish oil firm Cairn Energy said production start-up from the North Sea Kraken field had steered the firm to a strong first half.
Profits soar at Cape despite subdued North Sea upstream sector
Cape said higher UK margins and gains stemming from its restructuring plan drove the industrial services giant to a strong first half.
Wood Group profits down ahead of Amec FW merger
Energy service giant Wood Group recorded a 36% drop in first-half profits in the run up to its merger with Amec Foster Wheeler (AFW).