Activist investor Crystal Amber says Bluewater Energy is “very keen” to discuss options for keeping its Aoka Mizu vessel on Hurricane Energy’s Lancaster field.
Troubled UK oil producer Hurricane Energy’s five non-executive directors have decided to resign, rather than wait for ballots to be held on their positions.
Oil climbed back above $73 a barrel after an industry report pointed to a big decline in US crude inventories ahead of an OPEC+ meeting that’s expected to lead to the group returning more supply to the market.
A fledgling company behind a £10-billion plan to decarbonise swathes of North Sea oil platforms using 200 of the largest floating wind turbines has revealed the identity of one of its partners.
A top inspector says she has “no issue” with waste management firm Veolia’s handling of the Ninian Northern oil platform dismantling job after a union boss raised safety concerns.
Oilfield service firm Hunting said today it had clinched its first sizeable order for a pioneering technology that uses microbes to increase hydrocarbon production.
State-owned Pakistan State Oil, Pak-Arab Refinery and Pakistan LNG will receive a $4.5 billion loan to fund imports of crude, petroleum products, urea and LNG over 2021-2023.
Oil extended losses as a coronavirus resurgence raised concerns about demand ahead of an OPEC+ meeting this week that could see the alliance boost some halted output.
Bosses at Hurricane Energy are “considering all options”, including an appeal, after a court refused to sanction the beleaguered North Sea oil firm’s restructuring plan.
Oil held near $74 a barrel as investors focused on an OPEC+ meeting this week that may pave the way for more supply from the group.
Saudi Arabia’s Energy Minister said the OPEC+ alliance has a role in “taming and containing” inflationary pressures, just hours after Brent crude surged back above $75 a barrel.
The bosses of some of the world’s biggest oil companies said crude prices are likely to keep rising because a lack of investment will curtail future supply.
Trade unions and climate campaigners have called for the creation of an “offshore training passport” to help workers move between the oil and gas and renewables sectors more easily.
Brent oil hit $75 a barrel for the first time in more than two years amid signs of a rapidly tightening market.
UK regulators have told Shell to provide more detail on the thinking behind its Jackdaw field development plans.
Malaysian IT and energy sector service provider Dagang Nexchange (DNeX) is closing in on a deal to increase its stake in North Sea minnow Ping Petroleum to 90%.
The UK competition watchdog is investigating the planned merger of Baker Hughes’ subsea drilling systems business with investment firm Akastor’s MHWirth subsidiary.
Taqa says its plans to remove "attic oil" from the Cormorant Alpha platform’s huge concrete base will not be derailed by the removal of the topsides.
Bosses at Tailwind Energy said the North Sea oil firm’s “tremendous” performance during the Covid pandemic had set up a “year of investment” in 2021.
Work should start urgently to transform the north east from Scotland's oil and gas capital into a new European centre of excellence for renewables, a citizens' panel has demanded.
Emergency response and rescue vessel firm Esvagt said today that a “re-ignition” of oil and gas sector activity was creating a “promising” increase in demand.
The boss at Ineos FPS has said a slight slip in the schedule for the major Forties pipeline upgrade project would have “no negative impact”.
ICR Integrity, of Aberdeen, remained in the red in 2019-20, but the energy service firm’s “resilience” during the Covid-19 pandemic has given its bosses encouragement.
Oil majors need to curb emissions in sub-Saharan Africa -- where almost half of their most polluting assets are located -- as investors demand greater efforts to slash carbon output, according to Wood Mackenzie Ltd.
A drilling campaign has boosted production at CNOOC International’s Golden Eagle field in the UK North Sea.