Crystal Amber chairman hits out at ‘egregious’ Hurricane Energy proposals
The chairman of activist fund Crystal Amber has claimed its “decisive action” saved $22million which would have been lost from Hurricane Energy.
The chairman of activist fund Crystal Amber has claimed its “decisive action” saved $22million which would have been lost from Hurricane Energy.
ADNOC (Abu Dhabi National Oil Company) has announced that it has raised more than $1.1billion through the IPO of its subsidiary ADNOC Drilling, which was vastly oversubscribed.
Parker Drilling is aiming to double its UK headcount as part of a global overhaul which will see the business targeting North Sea operations and maintenance work (O&M).
Westhill-based i3 Energy has said it will seek to drill an appraisal of its “company-maker” Serenity project as early as the first quarter of next year.
The UK government took emergency measures late Sunday to try to ease acute fuel shortages across the country, as petrol retailers shut pumps after days of panic buying.
Ashtead Technology is trading “substantially ahead” of 2020, the subsea equipment firm’s boss has revealed.
Alatas has strengthened its presence in the North Sea after being awarded a three-year crane operations and maintenance contract with Ithaca Energy.
Petrochemical giant Ineos has said it is “reasonably confident” that the Acorn project in Aberdeenshire will be selected as part of the UK government’s first two CCUS clusters.
A formal inquiry has been launched by the competition watchdog into the merger of CHC and Babcock helicopters.
The chairman of the Oil and Gas Authority (OGA) has levelled an accusation at Russia over its role in the gas price crisis.
UK Business Secretary Kwasi Kwarteng warned that more energy suppliers may fail this year after a surge in gas prices caused seven to collapse already, affecting some 1.5 million households.
The UK will experience a shift in the weather next week, including strong winds that will ease its dependence on expensive natural gas to produce electricity.
Aberdeen-headquartered Norwell Engineering has landed a contract worth more than £20million with ONGC on one of the world’s largest deepwater projects.
BP has said it will ration out supplies of petrol and diesel to stations across the UK as the shortage of lorry drivers bring concerns of supplies running out.
Harbour Energy has returned to profits and is predicting a boost to its North Sea production as drilling campaigns get underway.
The Health and Safety Executive (HSE) has issued a warning after corrosion was found on a fire safety system on board the Forties Alpha platform.
The boss of an energy industry body has said her team warned the Government and Ofgem that the sector was fragile at least two years ago.
The pair behind Kincardine, the world’s largest floating wind farm off Aberdeen, have teamed up on a joint ScotWind bid, with energy services firm Wood drafted in to assist.
Waste specialist Veolia has dismissed any suggestion that the smoke seen billowing from the decommissioned Ninian Northern platform in Shetland could have been toxic.
Stena Drilling has settled a North Sea rig layoffs case in Norway out of court ahead of a linked employment tribunal in the UK.
A £1.6million simulator has been unveiled which is expected to “transform” the way oil platforms are decommissioned and new energy projects are installed in the North Sea.
Valaris has created a virtual tour of an oil rig operating in the Gulf of Mexico.
With COP26 approaching, amid reports that police are preparing for major civic disruption, there are also plans that the Scottish criminal courts may be opened for extra sessions to deal with a potentially high number of arrests during the conference.
Inquiries are ongoing after smoke was seen billowing from the decommissioned Ninian Northern platform over the weekend.
UK energy secretary Kwasi Kwarteng has told MPs there is “absolutely no question of the lights going out” as gas prices across Europe soar.