Statoil books West Phoenix rig for North Sea well campaigns
Statoil said today that it had booked a rig to drill three wells in the UK North Sea in summer.
oil
IOG’s deadline for completing pipeline purchase pushed back again
Independent Oil and Gas (IOG) said today that the deadline for completing the purchase of the Thames pipeline had been extended once more.
There’s more to the North Sea than ‘boom and bust’, EI president says
The Energy Institute’s president believes North Sea industry has shown it can break the “boom and bust” cycle.
North Sea copter flights delayed as storm bites
Snowy and stormy weather is affecting North Sea flights, with large numbers being put on hold.
Oil set for first monthly drop since August on US stockpile fear
Oil is poised for its first monthly decline in six months as a rally at the start of the year fades on growing fears over booming U.S. shale supply.
North Sea production boosts performance at Repsol
Spanish oil firm Repsol said today that production from North Sea assets had helped increase its profits in 2017.
Plane carrying 18 offshore workers makes emergency landing
A plane carrying 18 offshore workers made an emergency landing yesterday – after circling Aberdeen several times to burn off fuel.
Topside for Statoil’s Johan Sverdrup field leaves South Korea
The riser platform for Statoil’s Johan Sverdrup field has left South Korea and is en route to the North Sea.
North Sea copters flying despite ‘Beast from the East’
North Sea helicopters are flying today despite freezing temperatures and snowfall hitting the north-east of Scotland. Operators are flying from Aberdeen at the moment, though many of the services are subject to delays. Flights to and from Sumburgh have resumed — the airport on Shetland had been closed until 9am due to snow.
Fraser Well Management to oversee drilling of Wick prospect
UK firm Fraser Well Management (FWM) has been hired to manage the drilling of a well in the Moray Firth.
Oil buyers ditch paper for blockchain to track tanker sales
Every day, dozens of oil tankers -- some as long as five football fields -- set sail for ports around the world carrying millions of barrels of crude and a piece of paper that generations of sea captains have held as dear as their cargo.
US to become top oil producer by 2019 at latest, IEA says
The US will soon beat Russia to the title of "world's biggest oil producer", the International Energy Agency (IEA) said, according to a news report.
Oil worker in lucky catch at Calcutta Cup
Saturday, February 24, 2018 is a date all Scottish rugby fans will remember for years to come.
North Atlantic Drilling slapped with safety notice for West Phoenix rig
Norway's offshore safety body said today it had flagged up 'serious regulatory breaches' on a rig owned by a subsidiary of Seadrill.
Updated: Offshore union set for Aberdeen protests against unfair conditions
A trade union will take to the streets of Aberdeen today to protest against "employment barriers" which undermine UK seafarers and offshore workers.
New contracts get Fennel Media off to flying start in 2018
An Aberdeenshire video production business has inked contracts worth £50,000 with energy sector clients since the start of 2018.
Oil heads for second weekly gain after surprise stockpile drop
Oil headed for a second weekly increase as a surprise pullback in U.S. crude inventories compounded signs that a global glut is easing.
Upland confirms £1m investment from Tony Fernandes’ Tune
A major entertainment business co-founded by Malaysian entrepreneur Tony Fernandes has completed an investment of £1million in Upland Resources.
Ithaca takes next step in developing Harrier
Ithaca Energy has taken another step towards developing the Harrier field in the central North Sea.
Decipher asks for tie-back to North Sea platform near unexploded device
North Sea newcomer Decipher Energy has applied for permission to tie the Orlando field back to the Ninian Central platform.
US oil boom tempts Saudis to consider American crude sale
Even Saudi Arabia wants in on the U.S. oil boom.
City ‘health check’ shows risks of oil reliance
A think-tank says new figures showing the depth of the economic downturn in Aberdeen since oil prices crashed in late 2014 highlight the risks of the city’s dependence on the oil and gas industry.
Oil worker airlifted from North Sea platform
An oil worker had to be airlifted from a North Sea platform and taken to Shetland yesterday after falling ill.
OMV returns to black following North Sea sell off
Austrian oil firm OMV returned to the black last year after booking record production and lowering costs.
Independent Oil & Gas secures £10m loan, chief exec steps aside
Independent Oil and Gas (IOG) said today that it had secured a £10million loan to put towards the development of its key North Sea assets.