Aker Soutions wins FEED contract on Wisting FPSO
Aker Solutions has landed the front-end engineering and design (FEED) work for the Equinor Wisting FPSO in the Barents Sea.
TechnipFMC takes Q3 losses amid reduced activity in North Sea and Asia
TechnipFMC (NYSE: FTI) stayed in the red in Q3, with pre-tax losses of $26.7m, as market momentum in the North Sea and Asia slowed.
Baker Hughes posts first profit in 2021 as oil prices rise
Baker Hughes posted its first profit this year during the third quarter as drilling activity and oil prices continued to rebound from the pandemic-driven oil bust.
BBC documentary to address ‘fight’ over North Sea oil amid climate action
A new BBC documentary is to be aired exploring how the “drama of global climate action is playing out in the fight over North Sea oil”.
Fossil fuel production to soar over next decade, warns UN climate report
Countries are planning production of oil, coal and gas over the next decade at levels that is "dangerously" out of sync with targets to curb climate change, the UN has warned.
Shell kicks off production at Arran field in North Sea
Shell has started production from the Arran field in the North Sea, the latest in a series of projects to rejuvenate the Shearwater production hub.
VIDEO: Boris Johnson says Scottish carbon capture bid ‘still has strong potential’ after snub
Boris Johnson has insisted the north-east’s Scottish Cluster carbon capture bid “still has strong potential” despite the UK Government choosing to reject the project.
UK business secretary grilled over Scottish CCUS rejection
UK business secretary Kwasi Kwarteng has been grilled over the decision to reject the Scottish Cluster from the first round of a £1billion government carbon capture utilisation and storage (CCUS) competition.
No ‘Saudi Arabia of wind power’ here, complains Alba Party MP
Scotland is missing out on offshore wind farm jobs while English yards are “booming”, says a former SNP government minister.
Victory: Corallian west of Shetland discovery gets £50million valuation boost
The Victory discovery in the west of Shetland has been given a £47million boost to its value after finding more recoverable gas.
CCUS rejection means ‘no clear pathway’ to future-proofing Scottish industry
The UK Government has announced its choice of the East Coast Cluster and HyNet North West to develop as the UK’s first Carbon Capture, Usage and Storage (CCUS) clusters by the mid-2020s. The Scottish Cluster has been named as a reserve project.
North Star Shipping sets sail for profitable renewables work
North Star Shipping, which owes its fortunes to providing emergency response and supply vessels to oil and gas companies in the North Sea, expects the majority of its business will be in the renewable energy sector “easily” in the next five years.
East Coast Cluster and HyNet win CCUS support from UK Government
Amid disappointment for the Scottish cluster, two other projects have been successful in their bids to become the first two carbon capture utilisation and storage (CCUS) developments in the UK.
Boris Johnson sees ‘extremely tough’ global climate talks in Glasgow
Boris Johnson said the global climate talks the UK is hosting at the end of the month will be “extremely tough,” as he made a last-ditch call on world leaders to take concrete steps to protect the planet.
Arnish yard lands first contract since Harland and Wolff takeover
The former Bi-Fab fabrication yard at Arnish has landed its first external contact since being taken over by Harland and Wolff earlier this year.
Subsea 7 lands ‘very large’ pipelay contract with Petrobras
Subsea 7 has been awarded what it terms a “very large” contract with Brazilian state operator Petrobras.
Unite balloting 300 Ponticelli and Semco Maritime workers on North Sea industrial action
Unite is balloting nearly 300 workers at Ponticelli and Semco Maritime on North Sea industrial action.
Ineos unveils £1.7billion green hydrogen investment plan
Ineos is making what it claims to be Europe's largest ever investment in green hydrogen production.
UK Net Zero strategy to focus on nuclear power: Report
UK ministers will put nuclear power at the heart of Britain’s strategy to reach net zero carbon emissions by 2050 in government documents expected as early as this week, the Financial Times reported.
VIDEO: Saudi Arabia unveils plans for huge oil rig theme park
Saudi Arabia has unveiled its plan for “The Rig”, a 150,000 square metre theme park using an oil and gas platform.
Interview: UK energy minister reaffirms oil and gas support ahead of COP26
The new UK energy minister has reaffirmed his support for the oil and gas industry as the COP26 climate summit beckons.
CNR International to introduce mandatory vaccinations for North Sea workers
CNR International has announced it will introduce mandatory vaccinations for North Sea workers.
NatWest pledges £100billion of climate and sustainable finance as COP26 beckons
NatWest has announced a target of providing £100billion of sustainable and climate funding for customers by the end of 2025.
‘Potential for a major accident’: HSE slams Shell as three-tonne object dropped 50-feet on North Sea platform
Shell has been slammed by the safety regulator after a three-tonne object was dropped more than 50-feet on board a North Sea platform.
Jeremy Cresswell: Tweet Boris Johnson to kill Cambo? I think not
I’ve just received a round-robin email from Greenpeace calling on Brits to tweet Boris and kill off North Sea oil & gas right now.