Leonardo DiCaprio to shine spotlight on Orkney’s clean energy efforts
A film produced and narrated by Leonardo DiCaprio will shine a spotlight on Orkney’s pioneering marine energy work when it premieres this month.
Construction completed at Scotland’s largest offshore windfarm
Work has been completed at the largest offshore windfarm in Scotland.
Norway approves extension to giant Johan Sverdrup project
Norwegian authorities have approved an extension to the giant Johan Sverdrup development off the country’s coast.
Awilco Drilling in the red as rig remains unused
North Sea driller Awilco stayed in the red in its first quarter results as the hunt for work continues for one of its two rigs.
Faroe Petroleum changes name after DNO takeover
Aberdeen-headquartered Faroe Petroleum has changed its name following a takeover by Norwegian operator DNO.
Chrysaor posts £800m profit in first year after Shell mega deal
North Sea operator Chrysaor has made a large profit in its first full year since its £3billion mega deal with Shell.
Finalists announced for Decom North Sea Awards
Finalists have been announced for a prestigious awards ceremony ahead of this year’s Decom Offshore conference.
Updated: Seapulse entry continues North Sea ‘trend’ of private equity newcomers
A “trend” of private equity-backed newcomers to the North Sea has been carried on with the entry of Seapulse.
Shell to spend $1.5bn on UK decommissioning through to 2025
Shell is expected to spend $1.5bn (£1.152bn) on decommissioning in the North Sea over the next six years, according to a new forecast.
Oil price could shoot ‘violently upwards’ after Middle East tanker attacks, Rystad says
The global oil price could shoot “violently upwards” following supply disruptions in the Middle East, including attacks on a pair of oil tankers.
Founder of Aberdeen Medical Services announces retirement
A leading Aberdeen occupational health provider has announced the retirement of its founder after almost three decades at the helm.
Aqualis to acquire Braemar’s offshore business
Aqualis Offshore has entered into an agreement to acquire parts of Braemar Technical Services’ business to become a “leading” offshore consultancy.
Lawyer warns of visa issues amid North Sea ‘recruitment rush’
Renewed activity in the North Sea is seeing oil and gas companies ramp up recruitment into the region.
Further North Sea wells on the horizon for newcomer Seapulse
A new global oil and gas explorer has said it plans to target more North Sea wells in the future.
Energy sector facing ‘mammoth tasks’ on climate and diversity, says incoming EI president
The incoming president of the Energy Institute (EI) has said the industry is facing “mammoth tasks” in climate change and diversity.
Offshore worker keeps his licence after driving at twice speed limit
An offshore worker who was summoned by a sheriff to be personally present for sentencing kept his driving licence yesterday after admitting driving at twice the speed limit.
Subsea technologies to be explored during Brazil trade mission
UK firms are being invited to take part in a trade mission to Brazil which will showcase new innovations in subsea technology.
Oil and gas sector deal ‘unlikely’ after ministers reject report
A sector deal for the oil and gas industry is now “unlikely” after ministers rebuffed the recommendations of an influential Commons committee, it has been claimed.
Diversification strategy is paying off for Wood
Wood chief executive Robin Watson said yesterday the Aberdeen-based energy service giant was successfully “broadening” its business and becoming less reliant on offshore oil and gas projects.
Updated: Offshore helicopter parts ‘detached’ during flight, says report
A North Sea helicopter had to return to base in Aberdeen after parts fell off during a flight, an investigation has found.
European business ‘robust’ despite steep drop in profits for Taqa
Taqa’s North Sea operation remained “robust” in the first quarter of the year, despite the wider oil firm experiencing a heavy dip in profits.
Delegates leave OTC with a smile
For dozens of north-east delegates attending this year’s Offshore Technology Conference (OTC) in Houston, the trip was the place to tout for international business and make invaluable contacts.
Occidental wins $38billion bid for Anadarko as Chevron bows out
Occidental Petroleum Corp. will move forward with its $38 billion takeover of Anadarko Petroleum Corp., the oil industry’s biggest deal in at least four years, after Chevron Corp. bowed out of the bidding.
Downturn helped new company to flourish
It has been a busy three years for integrity management firm Imrandd.
Applying local expertise, globally
Expertise in the North Sea oil and gas industry is abundant and it’s easy to see why. As a complex sector that has evolved and fine-tuned itself over the last 50 years, it continues to meet the bulk (almost 60%) of UK oil and gas demand and support – that’s more than 280,000 jobs in the supply chain.