Petrofac secures three-year services contract for TotalEnergies UK assets
The three-year deal continues a strong run of orders for Petrofac in 2023, however the company still faces a range of financial pressures.
The three-year deal continues a strong run of orders for Petrofac in 2023, however the company still faces a range of financial pressures.
The chief of Equinor's UK operations has warned investment in the North Sea is at "an all-time low" in meetings with the Scottish and UK governments.
North Sea operators have been told to improve after new figures exposed the number of invoices that are not being paid on time.
The UKCS oil and gas industry has weathered some tough times in its past, but the last two years have been perhaps the most challenging, and the most critical in terms of shaping its future.
Addleshaw Goddard has completed deal activity with a combined value of £1 billion in the last month, a record for the legal firm.
Aramark Offshore has landed a raft of global contracts worth more than $110 million, as widespread market testing offered a major COVID bounceback.
COSL Drilling Europe has landed a deal with Ithaca Energy for work in the central North Sea.
As the UK finds itself in the midst of a gas crisis, stark figures have shown that North Sea production could be on course to wrap up by the end of the decade.
UK oil and gas firm Tailwind Energy has sold its 100%-operated interest in the Conwy field to the British subsidiary of Italian oil firm Eni.
Offshore drilling activity on the UK Continental Shelf (UKCS) is expected to recover in 2021 with a dozen potential exploration wells identified.
Maersk Training has recently announced a significant investment of $1million into its UK business, headquartered in Aberdeen.
UK offshore exploration drilling is on course to slump this year to its lowest level since companies starting scouring the North Sea for oil in the mid-1960s.
CGG has announced the completion of the first phase of its largest ever seafloor survey in the UK central North Sea (CNS).
The UK continental shelf (UKCS) has a “significant role” to play in helping governments achieve their net zero targets in the coming decades, a new report said.
Oil and gas bosses have praised the industry’s “continuing efforts” after production efficiency on the UK Continental Shelf hit the Holy Grail of 80% last year.
One of the largest offshore discoveries in UK waters of the last decade has had its recoverable resources cut by 40% following an appraisal well.
A renewed optimism in oil and gas will drive M&A activity forward in the new year, a top north-east dealmaker has said.
Australian firm Oilex has entered into an exclusivity agreement with Koru Energy to buy up to a 50% of the Knox and Lowry, and Whitbeck gas discoveries in the East Irish Sea.
Investing in technology and boasting a wealth of highly competent inspectors and technicians, Bilfinger Salamis UK’s inspection department delivers quality services to clients across north-west Europe.
Industry buzz continues to grow around predictive maintenance (PdM), which is seen as a significant contributor to improving efficiency in the oil and gas sector.
A Norwegian geological and geophysical market leader has underlined its commitment to the future exploration of the North Sea by opening an office in Aberdeen to serve its existing and new clients on the UKCS.
As many prepare to head across to Houston for 50 years of OTC, it’s worth noting that, while there will be a Golden Anniversary Gala Dinner to mark that milestone, the opening session of the conference is about the next 50 years for our industry.
It’s 2035.
Aberdeen University researchers have predicted a huge improvement in the UK North Sea’s prospects in a new report.
The Oil and Gas Authority (OGA) has unveiled its latest initiatives to boost exploration activity in the North Sea.