OGA approves pair of Wick prospect farm-ins
The Oil and Gas Authority has approved two farm-in deals on a licence in the Moray Firth.
The Oil and Gas Authority has approved two farm-in deals on a licence in the Moray Firth.
Premier Oil expects to generate "significant free cash flow" in the second half of 2018 thanks to higher crude prices and increased production from the Catcher field.
Equinor, formerly Statoil, has awarded Aker Solutions a £91million for the supply of a module for the Troll A platform.
The global economic impact of oil hitting $100 a barrel won’t be as big as when that happened in 2011 thanks to changes in the U.S.
Repsol SA will no longer seek growth for its oil and gas business in preparation for the global transition to cleaner energy, according to a person familiar with the matter.
Australian oil service firm WorleyParsons said today that a two-year, UK North Sea contract extension would safeguard 165 jobs.
US oil major ConocoPhillips is considering an exit from the UK North Sea, a news report said.
Oil held gains near $71 a barrel after escalating conflict in the Middle East raised geopolitical risks and as most OPEC members cut output more than required last month.
The Church of Scotland has been advised to drop its investments in fossil fuels.
Robert Gordon University (RGU) has teamed with the Energy Industries Council (EIC) for a second year to run an awards scheme aimed at future leaders in the oil and gas sector.
Statoil said today that a power cable linking the Johan Sverdrup field with dry land will keep the North Sea project's CO2 emissions to a minimum.
Providence Resources’ boss said today that farm-out deals had helped the Irish explorer “shore up” its finances and bring first oil from the Barryroe discovery closer.
A proposed £1 trillion sector deal for the offshore oil and gas industry would involve the creation of three new centres of excellence.
The international nuclear agreement with Iran might not be the only deal U.S. President Donald Trump has unraveled.
Serica Energy’s acquisition of stakes in a North Sea field co-owned by Iran is likely to go ahead despite the US’s withdrawal from an international pact, an analyst has said.
A gas build-up on a North Sea platform exposed workers to an explosion risk, a new safety report said.
Oil extended gains above $77 a barrel as a conflict between Israel and Iran ratcheted up, increasing prospects for tighter global supply after the U.S. renewed sanctions on OPEC’s third-largest producer.
Shares in Serica Energy nosedived after the firm said it was "evaluating the implications" of Donald Trump's decision to pull the US out of the Iran nuclear deal.
A major piece of infrastructure for the giant Culzean gas field in the North Sea has been completed in Singapore.
A combination of higher crude prices, lower costs and less competition means the time is right for oil firms to go exploring, a new report said.
Oil rebounded to trade at the highest level since 2014 as investors focused on how buyers of Iranian crude will react to U.S. sanctions aimed at cutting exports from OPEC’s third-largest producer.
Ithaca Energy said today that output from the North Sea Stella field helped it increase overall production by 95% to 18,165 barrels of oil per day in the first quarter of 2018.
Call it Permian, version 3.0.
Scottish fishing boats will double up as unmanned aircraft carriers after a high-tech addition to the services they offer to the offshore energy industry.
A former oil and gas worker who was forced to diversify when her department moved overseas has launched her own business after converting an old double decker bus into a portable cafe.