A month-long standstill at a North Sea facility dented profits for Israel’s Delek Group.
Rising oil prices and an improved US drilling market have helped oilfield services firm Hunting back into the black but North Sea revenues are down.
The deal to merge Npower and SSE's retail operations has been given the provisional green light after the energy watchdog said there is "plenty of choice" in the UK market.
Petrofac said yesterday it plans to “build momentum” in its core North Sea business after agreeing to sell its stake in the Greater Stella Area development.
Cluff Natural Resources (CLNR) has said it is accelerating technical work for six "highly prospective" North Sea licenses it has formally acquired from the Oil and Gas Authority.
Norway is hosting ONS, its oil exhibition, conference and festival, in Stavanger from August 27 to 30. It’s a short trip there from Aberdeen and, with more than 65,000 visitors last time round, one that will be made by many from the oil industry here.
Inspectors have condemned a “significant failing” by Apache to meet health and safety standards in the use of trainees offshore.
Westhill-based i3 Energy is to start surveying work ahead of seeking approval for its Liberator development in the Moray Firth.
Norway is easily the biggest source of imported natural gas for the United Kingdom. In the first quarter of this year, when demand soared thanks to the now-forgotten Beast from the East, 60% of imports came by pipeline from Norway.
Iraq sees a need to increase crude exports and says it’s ready to ship more as soon as OPEC agrees how members will share a collective supply boost, according to the acting director-general of the state-run Oil Marketing Co.
It is well understood that commercial divers operate in some of the most dangerous and extreme conditions of any industry. Particularly in areas such as the North Sea, they will conduct complex operations whilst continually managing the risks associated with working at great depth, in very low temperatures and with severely limited visibility.
Like me, you will no doubt be overwhelmed by what seems like a torrent of new, self-proposed technology developments hitting the oil and gas market. But how many really deliver the sought after solutions to age old problems?
There is no doubt that the last three years have been tough for the oil and gas industry.
Leading facilities management and contract cleaning company Spectrum Service Solutions is delighted to open a new office in Aberdeen at 9 Queen’s Road.
Scotland’s fishing industry has urged oil operators to ensure offshore infrastructure is “completely removed” from the seabed when it is decommissioned.
Falck Safety Services is being bought by Danish private equity firm Polaris.
The Health and Safety Executive (HSE) has released its offshore statistics for last year, showing it raised more than 900 non-compliance issues with operators.
An impairment charge from Petrofac’s deal to sell its stake in the Greater Stella Asset helped it to a pre-tax loss in the first half of the year.
The UK Treasury has “reaffirmed” the UK government’s commitment to the North Sea in a visit to Aberdeen yesterday.
Malaysia’s Bumi Armada fell to a second quarter loss due to charges relating to the Kraken FPSO.
The man tasked with driving innovation at Maersk Drilling believes the industry is in a race to find the most competitive barrel of oil before demand peaks.
In the energy industry, improving worker safety through the use of personal protective equipment (PPE) has always involved partnership.
Private equity firm Blue Water Energy (BWE) is more interested in buying than selling at present as offshore activity shows signs of a “rebound”, its co-founder said.
Holidaymakers and increasing North Sea oil activity helped total passenger numbers at Highlands and Islands Airports (Hial) rise 3.4% to 140,312 in June, compared to the same month last year.
North-east energy service firm Pipetech is investing £200,000 in its facilities and taking on new engineers to support its expansion drive.