Cairn farms into North Sea licence, rig booked for Agar appraisal
Scottish oil firm Cairn Energy said today that it had struck a deal with Azinor Catalyst to farm into North Sea assets.
oil
Aberdeen harbour keeps oil close to its heart as profits go up 44%
Bosses at Aberdeen harbour said oil and gas remained at the heart of their strategy despite continued efforts to connect with new customers and markets.
Oil industry urged to get motoring on Vision 2035, not split hairs
The North Sea sector needs to start making its vision for the next 17 years a reality, rather than getting bogged down in details, industry chiefs said today.
Dress business a good fit for ex-oil HR adviser
A former oil and gas HR adviser has teamed up with an Aberdeen business to launch her own pop-up shop hiring out designer dresses.
Subsea 7 wins engineering contract for Shell’s Penguins project
Oil field service firm Subsea 7 said today that it had clinched a contract worth tens of millions of pounds for Shell’s Penguins field redevelopment in the North Sea.
Foreign investment soars to 10-year high thanks to projects like Mariner, EY says
Foreign investment in Scotland is at a 10-year high thanks to huge projects like Equinor’s Mariner.
Hero who helped in Piper Alpha disaster dies at 69
A Piper Alpha hero who helped save scores of men from the burning platform has died.
Hedge fund with 69% return sees more to come from oil recovery
A hedge fund run by a former associate of billionaire John Fredriksen has gained 69 percent in two years betting on shunned oil-related assets -- and it’s not nearly done exploiting the recovery.
Jersey eyes acquisitions, but keeps laser-like focus on Verbier
Bosses at Jersey Oil and Gas are targeting the acquisition of North Sea production assets as the firm’s activity in the basin ramps up.
Oil rig count rises slightly in Permian basin
Drilling activity increased slightly in the Permian Basin this week while the overall U.S. rig count remained steady.
Inflation to hold steady despite higher oil prices
Inflation is set to hold steady at 2.4% when official data is published next week, despite a jump in oil prices contributing to the cost of petrol rocketing.
Russia-Saudi soccer encounter has the oil market’s attention
This month’s packed geopolitical calendar has another key date -- a meeting between Vladimir Putin, the Russian president, and Mohammed bin Salman, the powerful Saudi crown prince.
Photographer who became oil worker to get inside view
Navigating a career change can be one of the most difficult things that some people will ever undertake.
Cautious optimism giving way to more ‘determined’ mood, industry chiefs say
A more “determined” attitude is replacing the mood of cautious optimism in the offshore oil and gas sector, a top Aberdeen lawyer said yesterday.
Houston energy companies hire as oil prices rise
Energy companies in Houston and elsewhere have ramped up hiring as oil prices hover at their highest levels since 2014, according to LinkedIn's monthly workforce report.
Slowdown in oil sector hit GDP growth in Scotland, report claims
Scotland's economy has "lagged behind" that of other advanced small nations, according to a report which put the country bottom of the list for a key performance measure.
Safety 30: Call for industry to ditch ‘macho nonsense’ and challenge acronyms
Oil industry safety chiefs have condemned the overuse of confusing acronyms and urged colleagues to ditch the “macho nonsense”.
Iraq’s oil potential still mainly untapped
With output of around 4.4 million barrels per day (as of March 2018), Iraq is the second largest oil producer in OPEC after Saudi Arabia, and holds the world’s fifth largest proven crude oil reserves.
Bad piggy: Thames pipeline looking good, but faulty tool could delay IOG
A malfunctioning "pig" used to assess the condition of a pipeline could delay Independent Oil and Gas's efforts to develop its southern North Sea assets.
Motorists hit by ‘hellish’ petrol price rises in May
The price of petrol at the pump rocketed by a "hellish" 6p a litre in May - the worst monthly rise for 18 years, the RAC has said.
Egdon among trio to increase stakes in Wressle discovery
Egdon Resources has bought an additional 5% interest in the licences containing the Wressle oil discovery and the Broughton North prospect.
Long journey from new player to serious contender
Chrysaor chief executive Phil Kirk admits it is “spooky” that his 10-year-old can recite the company’s core values.
Chrysaor ties up Spirit deal for Armada area
Chrysaor said today that it had wrapped up the purchase of Spirit Energy’s interests in the Armada, Maria and Seymour fields.
Whalsay chief to pick development concept for Bentley in Q3
Whalsay Energy’s boss has said the firm will pick a development concept for a 300 million barrel North Sea field in the third quarter of 2018.
WATCH: Pioneering Spirit installs Johan Sverdrup drilling platform
The Pioneering Spirit installed the 22,000-tonne drilling platform topsides on the Johan Sverdrup field over the weekend.