Seadrill reports further losses as nearly half of rigs stay idle
Rig operator Seadrill increased its losses for the start of 2019 amid lower utilisation of its fleet.
Rig operator Seadrill increased its losses for the start of 2019 amid lower utilisation of its fleet.
EnQuest has seen a 25% yearly boost to its oil and gas production thanks to strong performance from its North Sea operations.
An facilities management firm which crashed into administration five months ago has announced plans for new offices in Aberdeen and Stirling.
Saudi Aramco hired two Singapore-based traders and began dealing in fuel at the Middle East’s main bunkering port as the world’s biggest oil exporter expands further into the trading business.
Guyana’s anti-corruption agency is investigating how exploration rights were awarded in the world’s biggest new deepwater oil region, including those now controlled by Exxon Mobil Corp. and Tullow Oil Plc.
Babcock International has reported a 40% drop in profits largely due to a major restructuring of its oil and gas helicopter business.
SSE has announced it is “taking active steps” to sell off its North Sea gas production business as it focusses on renewable energy sources.
An Aberdeen predictive technology firm has appointed a leading psychologist to help address behavioural risks in the oil and gas sector.
Energy logistics firm Peterson has paid £3million for a giant marine fuel tank at its Aberdeen harbour base.
Zennor Petroleum has reached a “key step” towards first production at its Finlaggan field in the North Sea.
Traffic going through Aberdeen has halved since the opening of the AWPR three months ago.
North Sea oil production is “struggling” and is due to hit its lowest point in five years, according to a new forecast.
Equinor has handed out a £62.5m insulation, scaffolding and surface treatment (ISO) contract to Kaefer Energy.
North Sea drillers have said they are willing to take strike action over a long-standing pay dispute.
Greenpeace has shut down BP’s headquarters in London on the eve of its annual general meeting in Aberdeen.
Oilfield services giant Weatherford International has announced further backing from lenders for financial restructuring plans aimed at significantly reducing its colossal debt pile.
Jersey Oil and Gas (JOG) has posted heavy losses in its full-year results after a “great disappointment” at its Verbier discovery in the North Sea.
Think of an entrepreneur and it is likely a squillionaire comes to mind. The most recent Rich List highlights a number of those who have made their fortunes as entrepreneurs in the north of Scotland.
Siccar Point Energy has kicked off drilling at its Lyon prospect in the West of Shetland.
The evacuation of some Exxon Mobil Corp. workers is “unacceptable and unwarranted” because it has nothing to do with the security situation in southern Iraq, according the country’s energy minister.
The winds of change continue to sweep across the renewable energy sector. Technology is moving forward rapidly with step-changes in the size, capacity and efficiency of wind turbines.
The basic definition of an entrepreneur is someone who identifies a need and then starts a business to fill the void.
I was interested to read your recent article “CCUS is a stopgap to a big hydrogen world” which called CCUS a “blunt, end of pipe, short term solution” to tackling climate change. Instead, Tom Baxter argues, we should bypass CCUS and focus our ambition and investment on delivering green hydrogen.
Having entrepreneurial spirit is one thing, but protecting your brilliant idea for a new product or service is equally important for innovative self-starters.
The age-old question is: are entrepreneurs born or made?