Oil boss says industry must ‘avoid annihilation’ as climate change debate heats up
The oil and gas sector needs to “avoid annihilation” in the climate change debate and stop apologising for its products, an industry veteran said yesterday.
Total
First gas from Culzean in ‘a few days’ says Total
First production from one of the UK’s largest gas fields is due in “a few days’ time”, according to the North Sea boss of Total.
Faith pays off for drilling contractor Stena
Only two out of seven Stena Drilling rigs had work on their plates at the start of last year.
Ineos to splash £1.6bn on Saudi plants
Chemicals and plastics giant Ineos is set to spend two billion US dollars (£1.6 billion) on building three manufacturing plants in the Middle East for the first time.
Exploration: do not write the North Sea off
New North Sea discoveries have acted as a “beacon” for the rest of the industry, according to the Oil and Gas Authority’s (OGA) head of exploration.
Toshiba to pay Total $815m to exit Freeport LNG plant
Toshiba Corp. will transfer its rights to process natural gas at the Freeport LNG project in Texas to France’s Total SA, the companies said on Saturday.
Shell plans South Africa oil expansion with second deal
Royal Dutch Shell Plc is planning to acquire an oil-block stake in a second deal in South Africa’s relatively unexplored waters, months after a major discovery by Total SA boosted the country’s hydrocarbon prospects.
Total pays £750,000 to Jersey over dropped North Sea licence
Total has paid £750,000 to Jersey Oil and Gas over a North Sea licence it dropped in 2015.
Petrofac scores £25m North Sea contract double
Oilfield services firm Petrofac has announced the award of two North Sea contract extensions totalling more than £25 million.
Renaissance for high-impact exploration in NW Europe, Westwood Global says
North-west Europe is experiencing a renaissance in high-impact exploration, a new report said.
Big Oil wants to conduct a big power experiment in your house
Big Oil wants to put a box in your hall closet that works like a human brain, can cut the lights, stop the refrigerator and will know how you move about in the privacy of your home better than you do.
Oil industry and climate leaders to share stage at Offshore Europe opener
Energy industry heavyweights and a climate change leader will share the stage during the plenary session of SPE Offshore Europe 2019.
SSE ‘taking active steps’ to sell off North Sea gas business
SSE has announced it is “taking active steps” to sell off its North Sea gas production business as it focusses on renewable energy sources.
Shell to spend $1.5bn on UK decommissioning through to 2025
Shell is expected to spend $1.5bn (£1.152bn) on decommissioning in the North Sea over the next six years, according to a new forecast.
Life after oil: downturn gave former Shell manager food for thought
After working for some of the biggest oil majors in the North Sea, it was the oil downturn that put health and wellbeing on the menu for one former Shell manager, both professionally and personally.
‘Mexico looks to Aberdeen’
“There’s a difference between the way grass grows and the way a tree grows,” says Pol Palacios.
Total ‘weeks away’ from start-up of one of UK’s largest gas fields
Energy giant Total has said it is just weeks away from starting up production at one of the UK’s largest offshore gas fields.
Brexit ‘has not killed appetite to invest’ in UK North Sea, says Equinor boss
Equinor’s UK boss has insisted Brexit “has not killed appetite to invest” in the North Sea.
Gulf of Mexico looking good for comeback
The US Gulf of Mexico is making a comeback this year.
North Sea oil and gas firms ‘more engaged’ for energy transition, top academic claims
Oil and gas firms based in the North Sea are "better engaged" with the energy transition than their US rivals, according to a top academic.
Total sale moves Occidental closer to Anadarko deal
Occidental Petroleum moved a step closer to sealing its proposed $38 billion acquisition of Anadarko Petroleum after it sweetened its offer and agreed to sell assets owned by the target company.
Total now ‘comfortably’ second largest oil firm in LNG market, Woodmac say
French oil giant Total is now "comfortably" the world's second largest seller of liquified natural gas (LNG), according to Wood Mackenzie (Woodmac).
Aker Solutions predicts near 10% boost to revenues in 2019
Aker Solutions has predicted overall revenues this year will jump by nearly 10 percent from 2018 on the back of a strong order book and tendering activity.
Losses widen for Diamond Offshore, wins North Sea work for Ocean GreatWhite
Diamond Offshore saw its losses widen in the first part of 2019.
OGA launches new podcast on revitalised North Sea exploration
The Oil and Gas Authority has launched a new podcast focussing on a new wave of North Sea exploration.