Cluff refuses to give up on southern North Sea licence
Oil and gas explorer Cluff Natural Resources (CLNR) has vowed to reclaim a southern North Sea licence it relinquished earlier this year.
oil
North Sea regulator will become more robust to spur exploration
The Oil and Gas Authority has pledged to become “increasingly robust” in an effort to revitalise exploration in the North Sea.
Council budgets £43k to win global trade for city
Aberdeen council bosses are looking for new business opportunities in Asia, Africa and South America as they try to boost the city’s reputation on the world stage.
Russian oil to parts of Europe halted due to contamination
Russian oil flows to parts of Europe were halted after customers complained of unusual impurities in the crude, adding another disruption to the global oil market and pushing prices in London above $75 a barrel.
Saudi Arabia and allies can replace lost Iranian oil, Rystad says
The US said on Monday that it won’t extend the sanctions waivers for eight countries importing crude oil from Iran. The move could remove around 1.1 million barrels per day from the market.
Delek closes in on North Sea deal with Chevron, report says
Israel-headquartered oil firm Delek Group is close to striking a deal to buy Chevron's North Sea oilfields, a news report said.
Katoni growth spurt gathers pace
An Aberdeen-headquartered energy service company has continued its recruitment drive with the addition of four new employees.
Oil rally wanes as US stockpile signal counters Iran concerns
Oil pulled back from a six-month high as an industry report signaling a gain in U.S. crude inventories partly offset concerns over America’s campaign to halt Iranian exports.
Kremlin offers oil giants $8bn as Russians Struggle
Vladimir Putin’s poll ratings are down after a tax hike squeezed cash-strapped consumers. But the Kremlin has opened the coffers to give as much as $8 billion this year to another key constituency: oil companies awash in record profits.
Cnooc extends North Sea platform deal with KCA Deutag
Drilling and engineering contractor KCA Deutag has been handed an extension to its contract with CNOOC Petroleum Europe in the UK North Sea.
Murphy Oil to buy Gulf assets for up to £1.2bn from LLOG
Murphy Oil said Tuesday it will pay up to £1.2 billion to acquire a package of deepwater Gulf of Mexico assets from Louisiana-based LLOG Exploration.
Archer wins platform drilling services deal with Chevron in North Sea
Archer has won a new five-year deal to provide platform drilling services for Chevron North Sea.
Plan to ‘rough up’ oil worker
Murder accused Steven Dickie has told a High Court jury how he saw his teenage lover Tasmin Glass speed off in her car from an Angus playpark as his best friend Callum Davidson “dived” through the window of Steven Donaldson’s BMW.
Oil price keeps rising as US vows to scrap Iran sanctions waivers
Oil extended gains after leaping to a six-month high on Monday as the U.S. said it’ll no longer give any buyer of Iranian crude a waiver from sanctions aimed at cutting the OPEC producer’s exports to zero.
TechnipFMC scoops Norwegian North Sea contract with ConocoPhillips
TechnipFMC has been handed a major contract for ConocoPhillips' Tor II development in the Norwegian sector of the North Sea.
Updated: US won’t renew sanctions waivers for Iran oil customers, Brent climbs
The Trump administration said it won’t renew waivers that let countries buy Iranian oil without facing U.S. sanctions, a move that roiled energy markets and risks upsetting major importers such as China and India.
How US ending Iran waivers could affect oil markets and beyond
Six months after the U.S. rocked oil markets by letting Iranian exports continue, its decision to end sanctions waivers that allowed shipments is also set to reverberate across the globe.
Lifeboat ceremony honours 16 helicopter crash victims
The legacies of 16 people killed in a helicopter crash have been remembered with the naming of a new lifeboat.
ExxonMobil, Hess announce 13th Guyana discovery
ExxonMobil said Thursday it made its 13th oil discovery offshore of Guyana, increasing its rapidly rising tally of finds near the tiny South American nation.
Developer loses court battle against North Sea pipeline owner
A developer has lost a multi-million-pound court battle against a North Sea oil giant after its proposal to build a hotel close to the Forties pipeline was rejected.
Schlumberger predicts steady improvement for oil market in 2019
The boss at energy services giant Schlumberger has predicted "steady improvement" in the oil market this year.
Premier Oil warned over Balmoral platform flare
Premier Oil was warned by regulators after issues with the Balmoral platform's flare created a safety risk.
Acquisitions make for ‘staggering’ Serica transformation
Acquisitions for Serica Energy during 2018 have made it “one of the largest independent operators in the North Sea”, according to the firm’s boss.
Piper Alpha trauma specialist joins firm
Piper Alpha trauma expert David Alexander has officially joined the support team of a north-east firm offering a range of specialist training services.
Steven Donaldson murder trial: ‘I know for a fact Tasmin put him up to it’ Glass boyfriend co-accused told detectives
Murder accused Steven Dickie told detectives: “I know for a fact Tasmin has put him up to it” during a lengthy interview which led to him being charged in connection with the killing of Arbroath man Steven Donaldson.