‘Rig stability’ concern forces IOG to stop drilling on Southwark North Sea project
A concern over “rig stability” has forced IOG to halt drilling on its Southwark project in the North Sea.
A concern over “rig stability” has forced IOG to halt drilling on its Southwark project in the North Sea.
Labour has joined calls to impose a one-off ‘windfall tax’ on North Sea oil and gas companies to fund measures to ease household energy bills.
The new owner of Aberdeen marine and risk consultancy Marex is targeting its next phase of growth amid a shift into the renewables sector.
Private equity-backed Centurion Group has swooped in with two more acquisitions, including Aberdeen subsea firm Aleron.
It is more than a year since the unceremonious collapse of Burntisland Fabrications (BiFab) and the apprehension that followed.
Low-carbon hydrogen is an essential part of the UK’s strategy to achieve net zero by 2050. There are high hopes that hydrogen will eventually provide a clean source of fuel for homes, transport and industry, especially in sectors that are hard to decarbonise.
As AREG approaches its 20th anniversary supporting renewable energy projects and supply chain members transition from oil and gas to the renewable energy sector, there has been an increasing sense of urgency around climate change and the need to transition from fossil fuels to renewable energy, as well as widespread government and community interest around COP26 in November.
After consulting with nearly 1,000 risk professionals across 75 countries worldwide and drawing upon insights from the Workforce Resilience Council and International SOS, the results are in.
Shell (LON: RDSA) has overtaken AstraZeneca to become the company with the largest market value on the FTSE 100 index.
Subsea services firm N-Sea was owed nearly £300,000 by EnQuest when its Aberdeen operation collapsed last year.
Footage has been released of the FPSO for the Shell Pierce field arriving in Norway for refurb to allow for a gas expansion project at the UK field.
Oil majors should do more to break themselves up into separate low-carbon and fossil fuels businesses, according to Lord Browne, the former boss of BP.
Organisers have postponed the Offshore Europe exhibition next month amid rising Omicron cases in the UK, dealing a blow to the events industry in Aberdeen.
CCS and CCS-enabled hydrogen will speed transition towards decarbonised energy security, writes James Richardson, Director, UK Industrial Decarbonisation at energy technology company Baker Hughes.
As energy demands and prices recover from the pandemic, production pressure on the oil and gas industry has rapidly increased in 2021. Many companies are finding it difficult to recruit and, importantly, retain the talented professionals they rely on.
Diversify into Green Energy they say, “pivot”, but those who have successfully achieved this know it takes time and the path is fraught with danger... with the devil being in the detail.
The New Year is a time for staying close to home so, in that spirit, I will take a look at some energy-related issues that affect the Western Isles and will come to a head in 2022.
While energy sector attention is focused on the low-carbon narrative, the short-term outlook for upstream activity is positive as we head into 2022. Consensus amongst industry analysts point to significant percentage increases in activity for next year, with further increases in 2023 and beyond.
If you work in the oil industry this feels like the mandatory, apologetic disclaimer required before being allowed to weigh-in on the energy transition nowadays.
Excitement in the supply chain for the ScotWind offshore leasing round is tinged with tough lessons from Scotland’s recent past on offshore wind.
Oil was steady in Asian trading after OPEC and its allies agreed to a scheduled increase in production for next month, and an industry report pointed to another decline in US crude inventories.
Tom Burke, the former CEO of drilling rig giant Valaris, has joined private equity group SCF Partners.
My definition of digitalisation is using digital tools to improve business processes.
With the results of the first ScotWind offshore licensing round now imminent, it is perhaps worth having a wee cogitate about what the sustainable benefits or otherwise could accrue to Scotland.
Late last year, a new Norwegian passenger vessel entered service, beginning with a coastal passage from Bergen to Kirkenes, which is located close to Norway’s northern frontier with Russia.