‘Buyer’s market’: Several North Sea ‘deals to watch’ as general election looms
There are several “deals to watch” in the UK North Sea in 2024 as a general election looms and companies reshuffle their positions.
There are several “deals to watch” in the UK North Sea in 2024 as a general election looms and companies reshuffle their positions.
Sir Keir Starmer attempted to calm fears from the North Sea oil and gas industry as he addressed the Scottish Labour faithful on Sunday.
The Scottish Labour leader insisted in his conference speech that the move is vital due to energy firms making huge profits as he strongly criticised the SNP.
Pilots flying from an oil rig in the North Sea lost control of the helicopter for 40 seconds, air accident investigators have found.
The Traitors: Labour has delivered one of the biggest betrayals in UK industrial history with its North Sea policy, writes Ryan Crighton
EnQuest (LON: ENQ) said Thursday it will push on with plans to slash emissions at its Kraken FPSO using gas from a new tie-back to the Bressay oilfield.
David Lockwood, the CEO of engineering giant Babcock is to join the board of Aberdeen-headquartered Wood Plc (LON: WG).
‘We cannot underestimate the sheer scale of what is required’, says GUH boss.
20,000 job losses predicted as “best case scenario” under Labour plans.
European natural gas futures fluctuated near technical levels that signal the contracts may have been oversold.
Abu Dhabi’s Masdar is exploring the possibility of taking a stake in renewable-energy assets owned by Iberdrola SA in the US, according to people familiar with the matter.
Thousands of dollars in bribe payments from oil trader Vitol Group were handed over to a Mexican oil official in a Houston parking lot, a federal jury in Brooklyn, New York, heard on Monday.
A concession will likely need to be made to get the $11.2bn asset deal through, says Munich-based expert
Former EY boss Derek Leith has joined Aberdeen-headquartered decommissioning specialist Well-Safe Solutions as a non-executive director.
The business has added its "small piece" to the £30 million Inverness Castle redevelopment.
Costs linked to the upcoming Balder development cut down profits at Var Energi (OSLO: VAR), Norway’s second-largest independent operator.
Energy services firm Expro (NYSE: XPRO) has struck a $210m deal to buy Aberdeenshire-headquartered drilling tech company Coretrax.
Apache, CNOOC and Equinor will see hundreds of millions of dollars slashed.
Labour will introduce a “proper windfall tax” on the oil and gas industry if it comes to power at the election, including a rate increase and cutting investment allowances.
SNP rising star Mairi McAllan has been named Scotland’s new energy secretary following a reshuffle brought on by Michael Matheson’s resignation on Thursday.
Tourists will be travelling in style to a giant oil rig theme park planned off the coast of Saudi Arabia.
With a UK election looming, how important is the wider sustainability and net zero agenda to the UK electorate?
Watchdog also warned operators they "cannot contract out" their legal HSE obligations.
Now in its 20th year, and fresh from a management buyout, Aberdeen-based AquaTerra Group is planning a multimillion-pound growth spurt.
Energy giant Shell has become the latest major firm to join an innovative wave power subsea project off Orkney.