OGA plans year-long trial to tackle ‘bugbear’ late payments for North Sea suppliers
The Oil and Gas Authority (OGA) is planning a year-long trial to tackle the “bugbear” of late payments for North Sea suppliers.
The Oil and Gas Authority (OGA) is planning a year-long trial to tackle the “bugbear” of late payments for North Sea suppliers.
The downturn has hit a “key inflection point”, with signs pointing to recovery for the offshore oil and gas helicopter market, according to new analysis.
Equinor has released a music video of dozens of its workers dancing across an oil platform as part of a campaign to promote “friendship and unity”.
The Serious Fraud Office (SFO) has secured £1.2million from the owner of a luxury London apartment bought after bribing Brazilian state oil firm Petrobras.
Job cuts at industrial services giant Bilfinger have now reached 4,000 globally so far this year.
Premier Oil is in "final negotiations" with contractors ahead of an investment decision being made on the proposed Tolmount East development.
Premier Oil has announced that production from its Catcher FPSO has been stopped after a fire broke out on board.
Dutch shipbuilder SBM Offshore has seen underlying revenues increase by 16% thanks to major orders for FPSO vessels in Guyana.
A former professional rugby player has been appointed to help Global Energy Group gain advantage in the renewables and energy transition market.
Dozens of jobs are at risk at Aberdeen engineering firm TDC, despite the company’s hope to stave off redundancies.
The Oil and Gas Technology Centre has given itself a soft rebrand as simply “OGTC”, dropping hydrocarbons from the title.
Eni and private equity firm Hitecvision have started up a new company aimed at developing new green energy projects in Norway.
Equinor has awarded contracts to seven Norwegian supply bases worth a combined £117.3million.
Shell will push for the reversal of President Donald Trump’s rollback of methane emissions rules and the introduction of carbon pricing when Joe Biden moves into the White House next year.
Maersk Drilling has been awarded a $9million (£6.7m) exploration contract with Brunei Shell Petroleum Company.
Andrew Austin is making his North Sea return with a new investment company, aimed at buying up UK assets, after selling RockRose Energy.
Up to 200 jobs are at risk at the Petroineos oil refinery in Grangemouth.
Schlumberger will grant Aberdeen-headquartered Plexus Holdings royalties and a $500,000 lump sum payment after agreeing a multi-year licensing deal for its tech.
The Government has been urged to invest at least £30 billion in the next 18 months on a green recovery to create hundreds of thousands of jobs.
The Scottish and UK Governments have been urged to work together to introduce an exemption to coronavirus rules that mean offshore oil workers are required to self-isolate on the mainland.
Oil slipped back below $40 a barrel in New York with demand concerns keeping prices in check after crude was swept up in a broader market rally following news of a potential coronavirus vaccine breakthrough.
The Moray East wind project has reached a major onshore milestone in Aberdeenshire after laying 300,000 metres of cable to provide power to the National Grid.
A pioneering EMEC project to produce of green hydrogen via tidal power off Orkney has taken a step forward with the purchase of a special battery to help power it.
Prosafe has secured a contract extension worth £21.7million for its Safe Notos vessel with Petrobras.
Biden’s victory could end up reshaping the US energy sector in years to come, although the president-elect may have limited room to maneuver given that control of the Senate remains unclear.