Renewables generating a slave labour market
We’ve been here before, at least in the context of the North Sea oil and gas industry.
Procurement ‘barriers’ stifling tech developments says business leader
Procurement policy “barriers” put up by operators are stifling technology development among SMEs, an oil and gas industry entrepreneur said.
Boost to Ace Winches from £10m Balmoral cash injection
A north-east firm that was badly hit by the oil and gas downturn is flourishing four years on thanks to a £10 million investment from the Balmoral Group.
‘Mexico looks to Aberdeen’
“There’s a difference between the way grass grows and the way a tree grows,” says Pol Palacios.
Warwick Deep tested in West of Shetlands
Westwood Global Energy reports that at the end of April, three exploration wells were active, with two in the West of Shetlands and one in the Central North Sea.
Robots battle it out to earn prizes for pupils
The engineers of the future went head-to-head at Robert Gordon University (RGU) last month when they put underwater robots, which they designed and built, to the test as part of an annual competition.
Occidental jet has landed in Shell’s hometown, flight data show
Occidental Petroleum Corp.’s corporate jet has crossed the Atlantic for the second time in two weeks, landing in the Netherlands, according to flight-tracking data and people familiar with the matter.
Data Repository deals with number of needs
The launch of the UK’s inaugural National Data Repository (NDR) for petroleum-related information saw the unveiling of a key piece of the UK’s digital infrastructure, complementing the existing National Geological Repository for core and samples.
SSE to cut more than 400 smart meter jobs, says union
Energy giant SSE is planning to cut more than 400 jobs in its retail sector covering smart meter installation because of a lack of take-up for the devices from consumers, according to a union.
Total ‘weeks away’ from start-up of one of UK’s largest gas fields
Energy giant Total has said it is just weeks away from starting up production at one of the UK’s largest offshore gas fields.
Brexit ‘has not killed appetite to invest’ in UK North Sea, says Equinor boss
Equinor’s UK boss has insisted Brexit “has not killed appetite to invest” in the North Sea.
Equinor aims to give ‘fresh lease of life’ to decommissioned gas giant
Equinor plans to breathe new life into a decommissioned gas field straddling the border between the UK and Norwegian sectors of the North Sea.
North Sea helicopter pilots vote for strike action
North Sea helicopter pilots working for CHC have voted to take strike action following a pay dispute.
Exploro opens base in Aberdeen
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.
Shape of things to come in UK M&A market
Following a period of relatively low deal activity, in 2018 we started to see an uptick in deals – but that has paused slightly since the oil price fall at the end of 2018. Are there more deals to be done, or has oil price volatility cooled off the M&A market? What do the trends and themes seen in some of the latest UKCS M&A deals tell us?
ASCO: Critical components of internationalisation
It’s OTC week and as such, many of you reading this will have international business development on your minds.
Innovation as standard
Scotland is synonymous with globally significant innovation, having brought the world television, the telephone, the steam engine, anaesthesia, radar, the cash machine and the world’s first mammal cloned from an adult stem cell – Dolly the sheep.
US wind industry growing places
On the east coast of the US, there is a hive of offshore wind activity.
‘Dual challenge’ facing energy industry
Two commodities investment specialists recently provided fascinating commentary on the “dual challenge” facing the energy industry.
US energy powers ahead
As the global industry assembles in Houston for the Offshore Technology Conference, it will be in the midst of a quiet American revolution.
Gulf of Mexico looking good for comeback
The US Gulf of Mexico is making a comeback this year.
Huge scale of US shale
Moss Creek Resources recently set a new record for drilling a well in the Permian Basin, the onshore resource that has dramatically transformed the fortunes of the US oil and gas industry.
Oil price rise stimulates deals activity
Anderson Anderson & Brown Corporate Finance (“AABcf”) are delighted to share with you our quarterly Deals+ update for Q1 2019 in conjunction with Energy Voice, highlighting selected Oil & Gas M&A and Fundraising transactions across the UK.
Neptune Energy rising to be a force in the North Sea
Just because a prized footballer hasn’t been put on the transfer list, it doesn’t mean a rival club can’t put in a cheeky bid.
Shell, Eni executives named in $1billion Nigeria bribery suit
Royal Dutch Shell Plc and Eni SpA face additional corruption allegations over a Nigerian oil deal, after the West African country’s government said in a London lawsuit that it believes a handful of executives, including CEOs, were tied to more than $1billion in bribery payments.