Operators are waiting years for decisions on the contentious topic of whether they can leave structures in the sea.
Well-Safe Solutions has signed a global master agreement for its decommissioning services with BP (LON: BP), lasting until at least 2026.
OEUK decommissioning report highlights supply chain crunch between wind installation and removing oil and gas platforms.
There are new owners in place at Aberdeenshire-headquartered AquaTerra Group after a seven-figure management buyout.
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.
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”.
A new Stornoway deep water port, hailed as a “game-changer” for the region's renewable energy ambitions, is taking shape.
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, the wells specialist which has been on a run of acquisitions, is planning even more growth to meet operator demands.
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 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 (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.
The CEO of Bristow (NYSE: VTOL) has criticised “significant delays” for spare parts for S-92 helicopters, stifling the firm’s global growth.
Apache decided to suspend North Sea drilling this year over the windfall tax.
Comes as Dolphin Drilling is due to announce a new acquisition “in a matter of weeks”.
The Athena team has been involved in the discovery of more than 10 billion barrels in the North Sea and West Africa.
Small and medium-sized enterprises, from two to 149 employees, are invited to apply.
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.
A strong activity pipeline is recovering headcount numbers after a cull during Covid.
As well as potentially violating international law, officials advised Sunak's office that increasing North Sea extraction would increase carbon emissions.
Statera, the London-based firm behind plans for a large hydrogen plant in Aberdeenshire, has been bought up by Swedish investment group EQT.
Plexus Holdings (AIM: POS) has won a £175,000 UK North Sea contract with Neptune Energy.
Aberdeen oil boss Bob Kidd is taking a lawsuit to Scotland’s court of session this week – seeking a huge payout of nearly £350m.
The UK Government plans to award North Sea oil and gas licences every year in new legislation being announced this week.