Upstream gas, LNG drive global investment to projected $628bn in 2022
Global oil and gas investments will expand by $26 billion this year on the back of upstream gas and LNG expenditure, according to analysis by Rystad Energy.
Global oil and gas investments will expand by $26 billion this year on the back of upstream gas and LNG expenditure, according to analysis by Rystad Energy.
Heerema Marine Contractors has been awarded a decommissioning contract for the integrated engineering, preparation, removal, and disposal (EPRD) of the Ketch and Schooner platforms, by owner DNO.
Since early 2020, the challenges presented by Covid-19, coupled with increasing pressure to decarbonise operations, resulted in the oil and gas sector facing one of the most challenging, and transformative, periods in its history.
Construction workers have broken ground on new purpose-built facilities in Ellon, Aberdeenshire, for subsea contractor Film-Ocean.
Subsea energy storage technology developed in Aberdeen is at the heart of an offshore power sea trial at a US Navy test site off the coast of Hawaii.
Three topsides bound for the Tyra West redevelopment in Denmark have sailed away from Sembcorp Marine’s Singapore yard.
Law firm Addleshaw Goddard has hired ex co-head of Fieldfisher's energy and natural resources team, Matthew Williams, as a partner within its infrastructure projects and energy (IPE) team.
Industrial services giant Altrad has completed its acquisition of Muehlhan’s oil and gas business in Denmark and the UK, with the changeover of 750 North Sea workers.
Scottish ministers have approved additional consents for the Stornoway Wind Farm on Lewis, allowing developers the option of larger and more modern turbines.
Former energy minister and home secretary Amber Rudd is joining the board of Scottish Gas owner Centrica.
The boss of the UK’s biggest energy supplier has said it does not want a bailout from the Government as households prepare for a 50% spike in their bills.
Equinor has confirmed a new commercial discovery at Toppand, near the Fram and Troll fields in the Norwegian North Sea.
Maritime services group Jan De Nul has launched its newest and largest offshore installation vessel, Les Alizés, ahead of delivery later this year.
The postponement of Offshore Europe has been described as a “hammer blow” to businesses across the north-east.
Capricorn Energy – formerly Cairn – has withdrawn global legal proceedings against the Indian government, paving the way for a $1bn tax refund.
Organisers say it is their intention to continue with the flagship Subsea Expo event in February, despite the cancellation of SPE Offshore Europe amid rising omicron cases.
The Scottish Affairs Committee has launched a new inquiry into what role Scotland can play in the UK’s hydrogen and carbon capture ambitions.
Aberdeen-headquartered EnerMech has secured more than half a billion pounds of business over the last 12 months, increasing its headcount by 30% compared with 2020.
The Hallen Battery Energy Storage Scheme (BESS) near Bristol has begun storing and releasing electricity, ahead of completion later this quarter.
The UK government is giving itself until April to find a solution to soaring gas prices since that’s when consumers would start feeling the bite of a new cap on utility bills.
Three new multi-million pound contracts will see James Fisher Renewables provide operations and maintenance (O&M) support for transmission assets at the Thanet, Gwynt-y-Môr and Humber offshore wind farms.
Training and technology firm 3t Energy Group has appointed Elaine Safier to its board as a non-executive director.
New proposals would see the renewable energy developer add green hydrogen production equipment to the Aberdeen offshore wind farm (AOWF), with supplies piped to an onshore site near the city.
BP sought repayment of a £53m debt after the energy retailer warned that rising gas prices would likely lead to losses.
Oil fluctuated before an OPEC+ meeting that’s expected to see the alliance agree to another output boost next month.