Closing plan for Dounreay nuclear plant ‘unachievable’
Doubts are being cast on the Nuclear Decommissioning Authority’s (NDA) target of having Dounreay’s disappearance completed by 2033.
Swell of offshore project approvals brings ‘new investment cycle’ – Rystad
A swell of offshore project approvals means a “new investment cycle is in the making”, according to analysts.
Spark Exploration targets deal on billion-barrel West of Shetland licences
Australia-based Spark Exploration is aiming to find partners in the first half of this year for its West of Shetland licences, which potentially contain north of a billion barrels of oil.
Oil and gas industry works to increase awareness of human trafficking
Ataria Malveaux was 18, just out of high school, when she fled a chaotic family life in Houston for the promise of making quick money in Dallas. She soon discovered her would-be employer was a pimp; only the help of another woman allowed her to escape forced prostitution.
ExxonMobil labelled ‘explorer of the year’ as global discoveries reach four-year high
Exxon Mobil led the way with new finds off the coasts of Guyana and Cyprus as global oil and gas discoveries in 2019 hit a four-year high, according to a new report.
EnQuest submits North Sea decommissioning plan less than five years after first oil
EnQuest has submitted plans to decommission a North Sea development and its production vessel less than five years after achieving first oil.
Pryme Group begins redundancy process in Newcastle amid ‘continued losses’
Engineering firm Pryme Group has confirmed it has started a redundancy process at its base in Newcastle following “continued losses”.
Cape integration sees drop in Altrad’s pre-tax profits
French industrial services giant Altrad saw pre-tax earnings drop last year as it fully integrated UK firm Cape into its business.
We’re having our ‘999 moment’ on the climate emergency – it’s time to respond accordingly
It is estimated that during 2019 over 20 million people in the UK contacted the 999 emergency services to request immediate police, ambulance, fire or coastguard support or to report an emergency.
VIDEO: Former North Sea worker stages climate protest at First Minister’s Questions
A former North Sea oil worker has interrupted First Minister’s Questions as part of a demonstration on climate change.
‘Record number’ of oil and gas fields producing off Norway
Last year saw a “record number” of oil and gas fields producing in Norway, according to new analysis.
Production boost, lower salaries and rota changes see North Sea emerge as ‘cost-cutting power house’
The UK North Sea has emerged as a world leader in cost-cutting thanks to increased production, reduced salaries and rota changes, according to new analysis.
Oil price uncertainty could continue for ‘weeks’ amid US-Iran conflict
Analysts have warned uncertainty on the global oil price could continue for weeks amid the US-Iran conflict.
IR35 review is ‘just paying lip-service to election promises’
A tax expert has described the government’s five-week review of incoming IR35 legislation as “nowhere near long enough” to fully consider its complex range of issues.
Unfortunately, facts rarely matter when it comes to the energy debate
The year 2019 once again proved that oil and gas remain indispensable resources to make the world a better place. They help to improve the lives of billions of people, many of whom would otherwise lack any access to reliable energy.
Apache and Total celebrate ‘significant oil discovery’ off Suriname
Apache and Total have announced a “significant oil discovery” off the South American nation of Suriname.
AXIS Network – 2020 must see energy firms continue drive towards gender equality
2019 was an incredible year for diversity and inclusion across Aberdeen and the wider energy sector, and we are excited to see that continue into 2020.
Government launches review of controversial IR35 tax rules
A government review has been launched into new tax rules expected to hit thousands of contractors across the oil and gas industry.
RockRose Energy to continue acquisition hunt in 2020
RockRose Energy has announced it will press on with the hunt for more North Sea acquisitions this year.
Aberdeen ‘energy transition park’ and net zero should ‘feature heavily’ in oil sector deal – OGA boss
Proposals for an Aberdeen energy transition park, along with a host of net zero solutions, should be at the “heart” of an incoming sector deal, according to the head of the Oil and Gas Authority (OGA).
Climate emergency ‘even more pressing challenge’ for North Sea than 2014 oil downturn
The climate emergency is an “even more pressing challenge” for the industry than the 2014 downturn according to the Oil and Gas Authority’s (OGA) chief executive.
OGA not yet exercised £1million sanctioning powers despite ‘internal debates’
Chief executive Andy Samuel has confirmed the Oil and Gas Authority has not yet needed to exercise its sanctioning powers despite ‘internal debates” on whether the regulator is being stringent enough.
Backwards step on collaboration should be ‘wake up call’, says OGA chief
A dip in collaboration and some cases of a lack of trust between oil firms should be a “wake up call” to the industry, according to the head of the Oil and Gas Authority (OGA).
Updated: Extinction Rebellion activists end Dundee rig protest
Extinction Rebellion activists have now ended their occupation of an oil rig in Dundee which was aimed at stopping it from working for Shell in the North Sea.
Ocean Installer appoints new chief executive
Subsea services firm Ocean Installer has appointed an industry veteran as its new chief executive.