Former Equinor Aberdeen boss trades oil and gas for cruise liners
The former head of Equinor in Aberdeen is trading up oil and gas for cruise liners.
The former head of Equinor in Aberdeen is trading up oil and gas for cruise liners.
A worker has died at the Aberdeen offices of US energy services firm Oceaneering, Police have confirmed.
Anasuria Hibiscus is planning to sanction its Marigold development in the North Sea around March next year.
Eni is entering the UK offshore wind market with a deal to buy 20% of the huge Dogger Bank windfarm for £405million.
Denmark will stop offering new oil and gas licenses in the North Sea and will phase out production all together in 2050 as part of the country’s goal to become fossil free.
The Pentagon added CNOOC among four more Chinese companies to a list of firms it says are owned or controlled by China’s military, exposing them to increased scrutiny and potential sanctions by the US.
Equinor has taken a £225million impairment charge on the value of its Mariner asset, a year after achieving first oil.
The UK and Scottish governments have been urged to set five-yearly targets for North Sea production cuts, using the coronavirus pandemic as an opportunity to "show global leadership" and "reshape" the industry for net zero.
Spreads at both ends of the oil futures curve rallied on Wednesday as the UK approved a Covid-19 vaccine and the physical market displayed signs of strength in Asia and the North Sea.
A North Sea pipeline firm has been forced into liquidation after losing a court battle with Aberdeen-based Kellas Midstream.
The chief executive of Oil and Gas UK (OGUK) has said a rebrand is “absolutely” something the trade body should be considering.
Plexus Holdings has given an optimistic outlook, hailing “real” signs of recovery, despite year-on-year revenues taking a nosedive due to Covid.
ConocoPhillips may dismiss as much as one-fourth of its Houston headquarters staff as the largest independent oil explorer cuts costs and prepares for the takeover of Concho Resources Inc.
Trafigura Group Ltd. denied bribery allegations leveled by Brazilian prosecutors in a civil lawsuit claiming the commodities trader and its staff participated in a kickback scheme to win business with state oil producer Petroleo Brasileiro SA.
Former UK energy minister Claire O’Neill has slammed the government’s “cavalier attitude” and in-fighting in the lead up to the COP26 climate summit in Glasgow.
Reabold Resources has increased its investment in North Sea explorer Corallian Energy as it seeks to press ahead with its £85million Victory discovery in the West of Shetland.
Oilfield services firm Wellpro has said it will create 10 new jobs with its entry into Saudi Arabia.
National Grid Plc is starting a hydrogen research facility to test how Britain’s gas transmission network can be used to transport hydrogen to heat homes or applied to industry.
ExxonMobil is about to incur the biggest writedown in its modern history as what was once an exemplar of American capitalist might shudders under the weight of debilitated energy markets.
Iman Hill, an industry veteran of 30 years, has replaced Gordon Ballard as executive director of the International Association of Oil and Gas Producers (IOGP).
SBM Offshore is seeking clarity from the Swiss Federal Prosecutor after it brought fresh suspicions of corruption against the Dutch contractor.
A planned farm-out of the Premier Oil Sea Lion project in the Falklands has gone into extra time due to the firm's mega-merger with Chrysaor.
Borr Drilling has taken a 30% knock to its revenues after a series of cancellations and delays to contracts by oil and gas operators.
CNOOC, China’s third-biggest oil company faces a US blacklist, which could spur major outflows from its Hong Kong-listed unit, after years of involvement in offshore drilling in disputed South China Sea waters.
Oil dropped below $45 a barrel as a consensus within OPEC+ to postpone an output hike planned for January remained elusive ahead of a meeting of the cartel’s power brokers later on Monday.