Westminster Files: Bid to block civil servant move north revealed
Secret files have revealed how senior government figures were “vigorously opposed” to the landmark relocation of dozens of civil servants to Aberdeen in the 1990s.
oil
Westminster Files: Ministers knew tax change would hit North Sea
UK Government ministers knew that a controversial tax change in 1993 would “undoubtedly depress” exploration in the North Sea.
Dunlin Alpha decommissioning deal cemented
A Norwegian yard owner and a Dutch heavy lift crane vessel operator have signed the contract to decommission a UK North Sea platform.
North Sea still competitive as activity picks up, DNV GL – Oil & Gas boss says
While the oil price has fluctuated in 2018, the North Sea Basin has continued its steady recovery demonstrating it can still compete with lower cost regions around the world.
Cautious optimism for the year ahead
In the era of Trump and Brexit it’s a risky business trying to second guess what the future might hold, especially when it comes to the UK ‘s often volatile oil and gas sector. There are, however, some developments we can look back on from the last 12 months in trying to assess what might lie in store over the course of 2019.
Updated: Faroe attempts to sway shareholders on hostile DNO takeover bid
Faroe Petroleum is stepping up efforts to convince shareholders to snub a hostile takeover offer from Norwegian firm DNO.
IR35 – The time is now for employers in the oil and gas sector
With the North Sea in the midst of a resurgence, there’s a slight temptation for some in our sector to forget a few of the smaller things that are going on. But the recent UK budget saw a call-to-action for the oil industry.
Opec’s new deal will struggle to live up to 2016 version
OPEC’s bold strategy to revive oil markets proved a surprise success last year, but the sequel they’ve unveiled for 2019 is getting a cooler reception.
Rig mobilised for Moray Firth exploration well
A rig is on its way to the Moray Firth to drill Corallian Energy's Wick exploration well.
India ‘plans’ to pay five Iranian banks for oil imports
India will deposit payments for crude oil imported from Iran into escrow accounts of five of their banks held with state-run UCO Bank Ltd. after the two nations agreed on a payment mechanism to overcome U.S. sanctions, according to people with knowledge of the matter.
Scots energy minister touts possibility of exploration incentives
Scottish and UK ministers could join forces to create incentives for stimulating North Sea exploration.
Expect oil price slide to halt as Opec cuts kick in, analyst says
Oil prices will stabilise over the coming weeks as cuts agreed by OPEC kick in, an analyst has said.
Premier Oil applies for North Sea tieback project
Premier Oil is making progress with plans to develop the Laverda field in the Greater Catcher Area.
Johan Sverdrup processing topside departs South Korea
The processing platform for the Johan Sverdrup field has left Samsung Heavy Industries' yard in South Korea, Equinor said today.
BP’s stake in Clair swells as swap deal wrapped up
Energy giant BP has completed a swap deal that takes its stake in the Clair field to 45.1%.
Land earmarked for oil and gas offices to host petrol station and restaurant
Plans have been lodged to build a petrol station, restaurant and coffee shop on a site which had been earmarked for oil and gas offices prior to the downturn.
Petrofac bags £7.8m deal to prepare vessel for BP tieback
Energy service giant Petrofac has won a £7.9 million contract to prepare a North Sea installation for a subsea tieback project.
Stonehaven parts maker to double headcount after cash injection
A cash injection at a north-east precision engineering firm is expected to spark a recruitment drive over next few years.
Former oil lobbyist to take over as US interior secretary
A former lobbyist who has played a leading, behind-the-scenes role at the Interior Department driving Trump administration policies to expand drilling and strip wildlife protections is poised to take over the agency at least temporarily.
Aker Solutions confirms Clair South contract award from BP
Energy service firm Aker Solutions confirmed today that it will provide engineering services for BP's Clair South project in the UK North Sea.
Subsea 7 picked for major project at Shell’s Shearwater platform
Energy service giant Subsea 7 has won the contract for a major North Sea infrastructure project with Shell.
Equinor brings Aasta Hansteen on stream
Equinor and its partners have started production from the Aasta Hansteen gas field in the Norwegian Sea.
Johnson Carmichael bosses pleased with progress in face of challenges
Scotland’s largest independent firm of chartered accountants has achieved a 4% growth in turnover after generating revenues of £45.5 million this year.
Speculation mounts as race begins for Chevron assets
Speculation arose last night as two oil and gas operators emerged as potential bidders for a package of Chevron’s North Sea assets.
Off-payroll rule changes to ‘acutely impact’ North Sea oil sector, tax expert says
Changes to off-payroll working rules will “acutely impact” the North Sea oil and gas sector, a tax expert has warned.