A new report from law firm CMS finds that 75% of energy companies are considering an acquisition and/or divestment this year, as European energy M&A sees its strongest performance in 15 years.
No longer Royal or Dutch, Shell plc confirmed Monday that the merging of the company’s A and B shares into a single line of ordinary shares had concluded on Saturday January 29.
Italian oilfield services group Saipem has issued a profit warning as supply chain costs rise and project margins in offshore wind and onshore construction deteriorate.
An Aberdeen economist sees high oil prices sustained in the medium term, as Brent crude prices this week rose above the $90 per barrel mark for the first time since 2014.
Chevron posted disappointing profits after slumping values for some long-held fields hurt the oil giant’s ability to take full advantage of surging energy prices.
A new wave energy converter, developed by Inverness-based AWS Ocean Energy, has arrived in Orkney ahead of its deployment at the European Marine Energy Centre (Emec).
US natural gas futures suddenly spiked the most on record Thursday afternoon, a dramatic move that signaled bearish wagers being squeezed out of the market.
By Anthony Alderman, Renewables Project Specialist at Womble Bond Dickinson
The UK government announced it will be offering more than £31 million of UK government funding, matched by more than £30 million of industry funding, for development of innovative floating offshore wind technologies this week.
Delegates at an Energy Voice event Thursday afternoon heard how a range of technologies, from AI to smarter valves, are enabling the sector in its journey to net zero.
Forth Ports has announced a series of new leadership appointments as its senior team is restructured to reflect the growing role of ports in the offshore renewables sector.
A collaborative model for trialing new technologies has been deemed a success by a trio of major operators, as the sector races to drive down the costs of well decommissioning.
Ineos has invited engineering design contractors to tender for the design of a hydrogen production plant equipped with carbon capturing capabilities at its Grangemouth site.
Upstream services company Hunting is providing engineering, manufacturing and logistics expertise to support the Eden Geothermal Project, in its first foray into the growing market.
Oil markets rallied alongside a broader market rebound while rising tensions in the Russia-Ukraine conflict caused jitters in the market about potential supply disruptions.
Pipeline decommissioning specialist Decom Engineering has opened a new facility in Aberdeenshire and thrown down the gauntlet with a ‘chopsaw challenge’.
px Group has been appointed as the operator of the Risavika Liquefaction Plant (RLP) in southern Norway, in its first significant contract win outside the UK.
Worley has been awarded a front-end engineering and design (FEED) contract by VPI Immingham for a post-combustion carbon capture facility, as part of the Humber Zero project.
Manufacturers and developers including Ørsted and Lamprell have signed a series of MoUs and supplier agreements, as both seek to guarantee capacity ahead of a wave of new offshore wind projects.
The Port of Nigg has been selected by wind turbine and services group Siemens Gamesa as its assembly and installation port for the Moray West offshore wind farm.