‘Perfect time’ for expansion, Crondall Energy boss says
“A lot of people last year were talking about cautious optimism, but it’s beyond cautious optimism for us now”, said Steve Booth, managing director at Crondall Energy Subsea.
Pryme Group benefits from rise in oil and gas activity
Dundee-based manufacturing services group Pryme said its sales grew more than 20% last year due to increased levels of activity in the oil and gas sector.
New partnership to boost Aberdeen’s digital sector
A new partnership has been formed to help entrepreneurs in the digital sector grow and flourish within the north-east.
Subsea 7 wins ‘substantial’ five-year contract with Statoil
Subsea 7 has won an inspection maintenance and repair contract with Statoil for 560 subsea wells in Norway.
Construction under way on Shell’s Penguins FPSO
Shell has confirmed construction has started on the Penguins redevelopment – its first new manned installation in the North Sea for nearly 30 years.
Apache moves up first oil date for multi-million barrel Garten discovery
North Sea operator Apache has moved up the production date for its Garten discovery.
Nexen CNOOC and Sparrows warn of recruitment fraud
A North Sea operator and an Aberdeen-based engineering firm have reported fraudulent recruitment emails going out in their names.
Unite and RMT reject Aker Solutions pay offer for Mariner workers
Unite workers on the Mariner platform have overwhelmingly rejected a pay offer from Aker Solutions aimed at ending an ongoing dispute.
Oil construction firm Saipem makes plans for renewables
“You can see that we’re serious about this, can’t you?” said Vince McCarthy, Saipem’s chief operating officer, as we ate lunch aboard the company’s semi-submersible crane vessel moored in Cartagena, Spain.
Eserve tool ‘the Spotify of asset surveying’
Aberdeen-based Eserve believes it will make a lasting difference to the oil sector after coming up with a tool which has been described as “the Spotify of asset surveying”.
Leading energy speaker to tell industry: ‘dare to be disruptive’
The Aberdeen, Highlands & Islands branch of the Energy Institute will hear about the need for the UK oil industry to be more disruptive and attack the challenges ahead at its next technical meeting.
E&P cost cutting has ground to a halt, says Westwood
Cost cutting has ground to a halt among mid-cap international exploration and production (E&P) companies, but balance sheets have strengthened on the back of rising cashflows, a new report shows.
Oil and gas set for digital disruption – that’s a good thing
We are on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another.
Total to shed 50 more Aberdeen jobs
Oil firm Total has confirmed plans to shed over 50 more Aberdeen jobs.
Pipeline shutdown will only be ‘mild irritant’, says Kemp
The shutdown of oil pipelines at the Sullom Voe terminal in Shetland will only be a “mild irritant” to operators, according to a leading petro-economist.
First Minister questioned on offshore safety following series of reports
The First Minister has been questioned on the Scottish Government’s support of offshore safety following a series of reports outlining concerns.
Arrowdawn wins £330,000 contracts to upgrade oil platforms
Aberdeen-based communications specialist Arrowdawn has reported contract wins worth £330,000 in the last three months.
Production ceased at North Sea platforms after fault at major pipelines
Two major pipelines connecting North Sea fields to the Sullom Voe Terminal on Shetland have been shut down after a “minor fault” was discovered.
Lord provost only UK politician at OTC
Aberdeen’s Lord Provost Barney Crockett was the only British politician to attend a major oil and gas conference in America this week.
Take heed of international cyber-attacks, warns detective
Scotland’s energy sector must take heed of cyber-attacks on oil and nuclear facilities in Ukraine, Iran and Saudi Arabia, according to a top detective.
£1.8billion wind farm project sold to EDF Renewables
Scotland’s largest in-development offshore wind farm has been sold by its Irish owner to French energy giant EDF. The £1.8 billion Neart Na Gaoithe (NNG) array off Fife Ness is one of the largest ever to be brought forward in Scotland and physical construction of the array is due to begin imminently.
Statoil commits to lower C02 emissions, ahead of Equinor rebrand
Energy giant Statoil has said its next generation of oil and gas projects will have a reduced level of CO2 emissions.
BP considers buying some of BHP’s US energy assets
BP Plc is weighing an acquisition of some of BHP Billiton Ltd.’s energy assets as the British oil major seeks more U.S. shale, according to people familiar with the matter.
Life after oil: Pair trade energy sector for hypnotherapy
Would you leave your well-paid job to follow your passion? Two former oil and gas workers, Gillian Craig and Graeme Masson, left their secure positions in the midst of the oil downturn to re-train in hypnotherapy – and neither would go back.
Oil set for weekly gain as Iran gibes U.S. before Trump decision
Oil headed for a weekly gain as Iran called for the U.S. to comply with commitments it made under a 2015 nuclear deal that lifted punishing sanctions on OPEC’s third-largest producer.