Jobs boost for Aberdeen as Semco clinches Culzean work
Danish firm Semco Maritime has delivered a jobs boost for Aberdeen after being chosen for work on the Culzean project in the North Sea.
oil
Fracking crew shortage may push oil’s biggest bubble to 2018
Shale explorers pushing to expand oil production are struggling to find enough fracking crews after thousands of workers were dismissed during the crude rout.
Updated: Wood Group has axed 170 jobs in Houston
Oil services firm Wood Group has axed around 170 jobs in Houston, Texas.
Opinion: US shale immune to an oil price crash in 2017
Since OPEC announced the production cut deal at the end of November, industry analysts have been warning that rising production from producers outside the deal—U.S. shale in particular—is effectively capping the oil price gains from that agreement.
Oil up as US supply decline signals Opec progress
Crude markets are getting some encouragement from the U.S. as supplies fell for a sixth week -- a sign that OPEC-led production curbs are starting to be felt in the world’s biggest oil-consuming nation.
Semco wins Culzean hook-up work, plans to create up to 150 Aberdeen jobs
Semco Maritime plans to employ up to 150 people in Aberdeen to carry out hook-up work on Maersk’s £3.3billion Culzean project in the North Sea.
FTSE 100 hits record close again as index breaks 7,500 mark
The FTSE 100 Index has closed above 7,500 for the first time as higher-than-forecast inflation data and confidence over Britain’s prospects under a Tory government drove stocks higher.
Scottish Labour leader hails UK manifesto including North Sea safeguards as ‘radical vision’ for country
Scottish Labour leader Kezia Dugdale has hailed the party’s UK manifesto, including a promise to safeguard the North Sea oil industry, as "a radical vision for the country".
Britain’s oil and gas industry will be safeguarded under Labour, party pledges
The future of Britain's oil and gas industry will be safeguarded under Labour, the party has pledged.
Culzean field jackets almost ready for sailaway
Maersk Oil’s boss said yesterday that key infrastructure for the North Sea Culzean field would soon be ready to set sail from the Netherlands.
Total ordered to step up Martin Linge safety standards
Norwegian authorities have ordered Total to step up safety standards on the energy giant’s Martin Linge development.
Maersk Oil awards Culzean FSO hook-up contract
Maersk Oil has awarded a contract for hook-up work on the North Sea Culzean project to one of its sister companies.
Oil jumps as Saudis, Russia favor extending output deal to 2018
Oil jumped to its highest level in two weeks after the Saudi Arabian and Russian energy ministers said they are in favor of extending a production-cut deal for nine months.
US shale’s favorite financial trick getting less attractive
Oil bulls, take heart! U.S. drillers have dramatically reduced their hedging activity, a move that could portend a break in the production gains that have upended global crude prices.
Oil worker beats the down-cycle with French holiday business
An oil and gas engineer and his partner have broken the cycle by setting up an active holiday retreat in France.
Oil and gas trader order to pay estranged wife £450m
A former London oil and gas trader who built up a fortune in the Russian energy business has been ordered to pay his estranged wife £453 million by a divorce court judge.
Oil bulls on top as cuts start to drain stockpiles
Oil is trading near $50 again, OPEC seems to be losing its ability to influence prices and a wave of new supply is hitting the market from Texas to Libya. For some, there’s never been a better time to buy.
Scotland’s geographical share of oil revenues negative for first time
Scotland’s geographical share of North Sea oil revenues was negative for the first calendar year on record in 2016, Scottish Government figures show.
Video: Time-lapse of Shell’s Brent Delta being delivered onto quay
Able UK has released time-lapse footage of the Brent Delta topside being skidded onto quay six at its yard in Hartlepool.
Search under way for man missing from North Sea rig
A search is being carried out in the North Sea for a man missing from a rig.
Devex 2017: Nexen closing in on Craster spud west of Shetland
Chinese-owned Nexen plans to drill an exploration well west of Shetland in the coming weeks, one of its UK-based chiefs said yesterday.
Inside Repsol Sinopec’s Montrose project: Fish, new brains and the downturn
The man behind a major North Sea project said yesterday he was proud to have overcome the downturn by bringing a new oil field on stream.
Updated: North Sea strikes could be on horizon as bitter pay row continues
Offshore workers are set to receive ballot papers this week as unions push for official strike action in an ongoing pay dispute with North Sea employers.
Oil steady as US stockpiles dropping again
Oil was steady before government data forecast to show U.S. crude stockpiles fell for a fifth week, further reducing an inventory surplus.
Turbine firm Alba powers ahead
An Aberdeenshire-based power turbine firm is toasting record sales and predicting further strong growth after investing more than £1million in workshop and office space expansion.