Margins remain stubbornly tight for sector, says Subsea UK boss
The subsea industry is finally starting to feel the positive effects of improved market conditions in oil and gas, despite this week’s closure of the Underwater Centre.
The subsea industry is finally starting to feel the positive effects of improved market conditions in oil and gas, despite this week’s closure of the Underwater Centre.
Tom Baxter is senior lecturer in chemical engineering at Aberdeen University.
The Coastguard and Maritime Agency has released dramatic footage of a training exercise on a UK offshore wind turbine.
Developers have marked a “major milestone” in the creation of the new AECC by unveiling images which offer a glimpse inside.
BP has announced the start-up of its Thunder Horse Northwest Expansion in the Gulf of Mexico, four months ahead of schedule.
The new chief executive of energy services firm Proserv believes the company has “turned a corner” since it underwent a debt restructuring deal earlier this year.
Energy giant Shell has announced an agreement to sell its upstream interests in Denmark for £1.4billion.
A world-leading Highland subsea training base has been placed into administration putting around 50 jobs at risk.
Workers are returning to Gulf of Mexico oil rigs following Hurricane Michael.
Wintershall has been granted permission to drill an exploration well at the Marisko prospect in the Norwegian Sea.
A global consulting firm has created a “roadmap” for North Sea decommissioning, as operators become “seriously concerned” over its costs.
North Sea oil firm i3 Energy has appointed acquisitions and divestitures advisor, FirstEnergy Captial, to assist with the company’s farm-out process for the Liberator development.
Dundee-headquartered Pryme Group has secured oil and gas contracts worth more than £3.5million ahead of a new manufacturing site being opened.
The Oil and Gas Technology Centre (OGTC) has appointed a new industrial director to head-up the creation of two new research hubs for the offshore industry.
Energy giant total has signed an agreement with Adani Group to develop various regasification projects in India, along with a network of 1,500 retail service stations.
One of the more lucrative opportunities in global commodities markets is about to get a little bit trickier.
At least 60 people have been killed after a pipeline explosion south east of Nigeria.
Aberdeen-based Titan Torque has spent a “substantial six-figure sum” on what’s thought to be Europe’s largest torque machine.
ScottishPower has switched to 100% wind power generation after selling its gas and hydro business in a £702million deal.
Hurricane Energy’s Lancaster development could be on track to start up “early next year” according to an analyst, following the sail-away of the field’s production vessel.
Success on the continent for one of the north-east’s biggest employers could lead to the creation of a number of new jobs in Peterhead.
Aberdeen-headquartered Faroe Petroleum has been given consent to drill the Brasse East well off the coast of Norway.
The Inpex Corp.-operated Ichthys LNG export project in northern Australia may load its first natural gas cargo as soon as this week, according to people with knowledge of the venture’s preliminary sales plans.
Beneath the hoods of millions of the clean electric cars rolling onto the world’s roads in the next few years will be a dirty battery.
Independent Oil and Gas (IOG) has announced that up to 203billion cubic feet (bcf) of gas could be recovered from its Goddard license in the southern North Sea.