Heerema, owner of the world’s largest offshore crane vessels, has said squeezed prices have made a “very difficult business case” for the decommissioning market.
CNOOC has teased plans to electrify its North Sea platforms through floating wind and “build a new energy business” in the UK.
Neptune Energy has thrown its hat in the ring for a licence that would underpin a combined carbon capture and blue hydrogen project in the UK, it has emerged.
Teekay has bid a “final farewell” to the Petrojarl Banff FPSO, which has now arrived in Denmark for decommissioning.
The UK and Indonesia have announced the creation of a new joint trade dialogue that will open green energy opportunities for UK companies in Southeast Asia’s largest economy.
A union boss has joined calls to stop “degrading” treatment of women working offshore in the North Sea.
The UK government will face questions in court over the legality of its support for Mozambique LNG, following a win for Friends of the Earth (FoE).
Chadian President Idriss Deby has died while visiting fighting according to reports, coinciding with his re-election.
Energean is on a path to transformation, with capital expenditure peaking in early 2022 and delivering – hopefully – 200,000 barrels of oil equivalent per day in 2023.
The first appraisal well on the Glengorm gas field in the UK central North Sea has found "no commercial hydrocarbons", a project partner said today.
Shell North Sea boss Steve Phimister is moving to the Middle East as part of a new role with Petroleum Development Oman (PDO).
Equinor and SSE Thermal have announced plans to develop a pair of “first of a kind” low-carbon power stations in the UK.
In late 2019 Gunvor Group, one of the world’s biggest oil traders, said it would make a clean break from the past by settling a long-running bribery case in Africa.
Hurricane Energy has stated there is “no certainty of any future activity” on its West of Shetland assets, including its flagship Lancaster field, following a new reserves report.
Special purpose acquisition companies (SPACs) are having a moment in the sun in the US and the UK is considering how best to secure a piece of the action.
An Australian company says its “unique” technology could lead to oil and gas rigs in the UK North Sea being repurposed as key infrastructure for geothermal energy - a new renewables sector.
Ineos Energy has announced a deal to sell its oil and gas assets in Norway for $615million.
The number of jobs in the UK offshore wind industry will swell by more than 43,000 within the next five years, according to a new report.
Innovo Engineering and Construction is pleased to announce the appointment of William Cappello to the role of UK Acquisition Manager.
Neptune Energy will use Borr Drilling’s new Prospector 1 rig for a range of jobs offshore Netherlands and UK as part of a $21.4 million contract.
Bilfinger Salamis has landed a multi-million pound inspection deal with Altera Infrastructure.
Bosses at Longboat Energy are “participating” in a number of acquisition processes as the London-listed firm looks to do its maiden deal.
BP has taken a $2.79bn (£2billion) impairment on the value of its oil and gas assets in the UK North Sea.
The decommissioning bill for NEO Energy’s newly-acquired Exxon Mobil assets in the UK has been estimated at $1.1billion (£795m).
Taqa is considering options for its oil and gas assets in the UK and elsewhere, including a potential sale, as the state-owned utility focuses more on power generation, people familiar with the matter said.