£100m deals for north-east firm KCA Deutag
Global energy services contractor KCA Deutag has announced contract extensions worth nearly £100 million for its land drilling business.
Global energy services contractor KCA Deutag has announced contract extensions worth nearly £100 million for its land drilling business.
Allseas founder and president Edward Heerema will step down after nearly four decades, leaving his eldest son Pieter to assume the role of president of the marine services group.
The UK government is set to meet with some of the country’s biggest power producers to push through a measure that would cap wholesale electricity prices starting this winter.
Australian developer Provaris (ASX:PV1) has signed a memorandum of understanding (MoU) with Total Eren to examine import and export solutions for compressed hydrogen.
Maersk Drilling (CPH: DRLCO) has secured a new contract for its Maersk Resolute jack-up with the Dutch unit of Petrogas, which will see additional wells added to its scope.
Boris Johnson’s flagship energy bill faces significant change or being scrapped altogether as Liz Truss focuses efforts on lowering household energy costs, according to reports this week.
Petrofac (LON:PFC) has secured a three-year contract extension with Serica Energy, covering maintenance services at its northern North Sea assets.
A move to a decarbonised energy system by 2050 is likely to save at least $12 trillion compared to continued use of fossil fuels, according to a study published by Oxford University researchers.
Global oil and gas exploration will cool this year as the number of licensed blocks and total acreage fall to “near all-time lows” according to findings by Rystad Energy.
The Danish Energy Agency (DEA) is to establish a new secretariat to support the development of Power-to-X (PtX) projects, ahead of a formal tender for government-backed projects.
The European Union is set to propose a mandatory target to cut power use -- a step toward rationing -- along with measures to funnel energy company profits to struggling consumers as it tries to stem the crisis.
Seaway 7 (OSLO:SEAW7) has set out new financial plans which include a $200 million rights issue, as it looks to shore up capital to complete construction of two offshore wind vessels.
Offshore workers who initiated unofficial strikes across a host of North Sea assets on Thursday have called an end to the 24-hour action.
A visit by Norwegian royals and trade officials to Aberdeen has been cancelled following the death of Queen Elizabeth II.
Scottish contractor Noel Regan & Sons (NRS) Group has collapsed into administration amid “surging” supply chain costs and loss-making contracts.
If the hype is to be believed, a new generation of vertical takeoff and landing (VTOL) aircraft is set to transform the landscape of aviation in the coming decade.
The head of the UK’s offshore regulator said he would “name and shame” North Sea operators who are not making sufficient progress on emissions reduction.
How long will it be before someone writes a book about all the “C”s currently crowding our collective consciousnesses?
Across the world, people are reacting to the death of Her Majesty Queen Elizabeth II.
Australia passed its first major climate legislation in more than a decade to set legally-binding targets to deepen emissions curbs, sealing the key polluter’s return as a force in global action on planetary warming.
Workers at a raft of North Sea installations have begun wildcat strikes in a bid to secure pay uplifts in the face of rising living costs.
Heavyweight backers of the Opportunity Cromarty Firth (OCF) consortium’s green freeport bid insist the status would be a “vital catalyst” for long-term local and national benefits.
Decommissioning firm Petrodec says it has begun work on the Amethyst A2D platform, marking its first foray into operatorship.
Maersk Supply Service and Stiesdal Offshore have mooted plans to offer integrated EPCI services for the burgeoning floating offshore wind market.
Wood Mackenzie researchers say the government’s windfall tax measures are likely to wipe around 20% off the value of North Sea operators on average, with the impact largely dependent on current tax and investment status.