Dumping and derogations: OSPAR rules among top challenges facing UK decommissioning
Operators are waiting years for decisions on the contentious topic of whether they can leave structures in the sea.
Well-Safe Solutions signs global decom deal with BP
Well-Safe Solutions has signed a global master agreement for its decommissioning services with BP (LON: BP), lasting until at least 2026.
Decommissioning oil and gas ‘megastructures’ set to clash with offshore wind
OEUK decommissioning report highlights supply chain crunch between wind installation and removing oil and gas platforms.
New owners at AquaTerra after management buyout
There are new owners in place at Aberdeenshire-headquartered AquaTerra Group after a seven-figure management buyout.
UK ‘could challenge Europe’ on heavy lift vessels
The UK “could challenge continental Europe” on heavy lift vessels, trade body OEUK has said, as the North Sea requires a “colossal push” from them.
Sir Keir Starmer hears ‘frank and honest’ views in Aberdeen as Labour leader sets out £2.5bn energy jobs plan
Industry leaders had pushed Sir Keir to visit the region after his party revealed controversial plans in June to end North Sea exploration.
NSTA plan will see North Sea platforms shut early, operators warn
North Sea operators have raised “serious concerns” over a new plan from the NSTA regulator, warning that shutdown of UK platforms could be “dramatically accelerated”.
Stornoway deep water port taking shape
A new Stornoway deep water port, hailed as a “game-changer” for the region's renewable energy ambitions, is taking shape.
Siemens Energy secures provisional deal for project guarantees – report
Beleaguered wind turbine manufacturer Siemens Energy has reportedly secured a multi-billion-euro loan deal in principle with the German Government, its top shareholder other parties in project-related guarantees.
Elemental Energies rising to demand with more acquisitions
Elemental Energies, the wells specialist which has been on a run of acquisitions, is planning even more growth to meet operator demands.
Greenpeace protestor risked being ‘dragged under’ Shell Penguins FPSO
A Greenpeace activist risked being “dragged under” the Shell (LON: SHEL) Penguins FPSO when they fell in the water during a protest this year, a legal document has revealed.
Wood on course for $6bn revenue target
Wood Plc (LON: WG) has delivered yearly growth on Q3 revenues, as it targets $6bn in its first full year since outlining a revamped strategy last November.
Shell threatens lawsuit over Greenpeace North Sea vessel protest
Shell (LON: SHEL) has threatened Greenpeace with a multi-million-dollar lawsuit over a protest held on one of its UK North Sea assets this year.
Lack of S-92 helicopter parts stifling growth, says Bristow CEO
The CEO of Bristow (NYSE: VTOL) has criticised “significant delays” for spare parts for S-92 helicopters, stifling the firm’s global growth.
Apache to make fresh round of Aberdeen job cuts
Apache decided to suspend North Sea drilling this year over the windfall tax.
Former Awilco Drilling CEO Jon Bryce joins rig firm Dolphin
Comes as Dolphin Drilling is due to announce a new acquisition “in a matter of weeks”.
Interview: Athena Exploration eyes new hub in West of Shetland
The Athena team has been involved in the discovery of more than 10 billion barrels in the North Sea and West Africa.
Shell’s Livewire entrepreneurship programme returns to north-east after four-year break
Small and medium-sized enterprises, from two to 149 employees, are invited to apply.
Aberdeen community leaders want identity beyond oil and gas
While Rishi Sunak sets out plans to maximise oil and gas, north-east community groups and campaigners in the north-east are keen to make sure there is life after fossil fuels for the region.
Petrofac boosts headcount with 3,000 hires
A strong activity pipeline is recovering headcount numbers after a cull during Covid.
Sunak toned down North Sea oil and gas plans after legal advice
As well as potentially violating international law, officials advised Sunak's office that increasing North Sea extraction would increase carbon emissions.
Statera, firm behind large Aberdeenshire hydrogen project, gets bought up by EQT
Statera, the London-based firm behind plans for a large hydrogen plant in Aberdeenshire, has been bought up by Swedish investment group EQT.
Plexus wins £175K North Sea contract with Neptune Energy
Plexus Holdings (AIM: POS) has won a £175,000 UK North Sea contract with Neptune Energy.
Aberdeen oil boss Bob Kidd takes £350m lawsuit to court
Aberdeen oil boss Bob Kidd is taking a lawsuit to Scotland’s court of session this week – seeking a huge payout of nearly £350m.
UK Government to mandate annual North Sea oil and gas licences
The UK Government plans to award North Sea oil and gas licences every year in new legislation being announced this week.