Mega-rig spotted on journey to Kishorn dry dock
The world’s largest semi-submersible drilling rig has been spotted on Scotland’ s west coast on its way to the redeveloped Kishorn dry dock.
£97bn of offshore projects could be sanctioned in 2019, says Rystad
Up to £97bn ($123bn) worth of offshore projects could be sanctioned this year if the price of oil rebounds to $60.
Scotland’s EMEC in project to fast-track marine energy tech
A testing project has been launched to fast-track new marine energy technologies in Scotland and further afield.
Oil is at the mercy of financial markets
Oil prices regained more ground on Wednesday, pushed higher after equity markets rebounded from an initial selloff at the start of 2019 trading.
Plans revealed for new substation next to St Fergus gas plant
A major energy firm has unveiled plans to build a new substation next to a north-east gas plant.
Hurricane Energy appoints oil veteran to board
Hurricane Energy has appointed a legal expert for the oil and gas sector to its board.
Scottish Premier Inn becomes first battery-powered hotel in UK
An Edinburgh hotel has become the first in the UK to be battery-powered.
VIDEO: Explosives used to blow up oil rigs
It's not the type of “decommissioning” work normally seen, but a video has emerged online of parts of old oil platforms being blown up with explosives.
New projects in UK and Norway not enough to halt European gas drop
Major gas projects coming online in the UK and Norway will not be enough to offset a continued drop in Europe’s supply, according to Wood Mackenzie.
Oil and gas needs to meet other sectors on digitalisation
There is a burgeoning sense of optimism sweeping the sector and the market feels much stronger than it did 12 months ago. The industry is definitely starting to recover and rebuild itself following three years of weak prices and significant cost pressures.
Acceleration for North Sea investment ‘key’ for 2019
As we come towards the end of the year, it’s always a good time to pause and reflect on the last 12 months and set our sights on the year ahead.
Industry must improve drilling costs in 2019, says OGA chief
2018 has been a busy and encouraging year with many positive developments; the OGA continues to have a high focus on asset stewardship and clear expectations of industry. Today the UKCS produces over 1.6 million barrels a day, production efficiency has increased for a fifth consecutive year and efficiency efforts are being sustained.
Scotland can be ‘disruptor’ of energy industry
Over the past two years we’ve created more data than during the whole history of life on planet earth. The digital revolution is disrupting almost every industry and every home, in every country across the world. It’s affecting every part of our lives.
Improving awareness key to preventing major offshore accidents
The subject of offshore hydrocarbon releases (HCRs) continues to be a major source of discussion in the UK oil and gas industry.
Oil and gas deals market on the rise
We have witnessed a steady increase in merger and acquisition (M&A) activity in the oil and gas sector in 2018 with a number of high-profile transactions concerning companies and/or asset sales in the upstream exploration and production (E&P) space as well as the energy services sector and supply chain.
DNO threatens to terminate bid for Faroe Petroleum
DNO has threatened to withdraw its bid to acquire Aberdeen-based Faroe Petroleum if a decision is not made by January 2.
Haliburton wins work at giant oil field in Iraq
Energy services firm Halliburton has won a contract for work on the giant Zubair Oil Field in Southern Iraq.
Shell starts production from world’s largest floating LNG platform
Shell has started production from the world’s largest floating liquefied natural gas (FLNG) facility.
Oil prices in 2019: never celebrate too early
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Balmoral shrugs off falls as it builds for the future
Aberdeen-based Balmoral Group Holdings saw turnover and profitability drop over the course of the last year as the firm ploughed money into new investments.
Wick well spudded in Moray Firth
Drilling has started on an exploration well in the Moray Firth, believed to hold up to 26million barrels of oil equivalent.
Disappointment at Cassidy exploration well for Spirit and Faroe
Aberdeen-headquartered Faroe Petroleum has announced the Cassidy exploration well has come up with disappointing results.
Total in talks with private firms on North Sea asset sales – report
Total is in advanced talks with a pair of investment managers to sell some of its UK North Sea assets, according to a news report.
Firm appointed to end holdups at Haudagain
A contractor has been appointed to oversee an £18 million project to end the gridlock at a notorious north-east roundabout.
2018: A renewed focus on green energy
It’s been an extremely positive year for the renewable energy industry with many ground-breaking projects going live. The increase in activity has built upon the success of the previous year, seeing continued growth in the solar, biomass, hydrogen fuel cell and wave and tidal sectors and achieving a record 10,336MW of installed renewable electricity capacity in Scotland.