A vibrating hammer that clears stuck objects from wellbores; a “storm choke” for reactivating shut-in wells; an energy “pod” which delivers power to smaller, unmanned platforms with wind, solar and battery storage.
Energy services firm Wood (LON:WG) confirmed is has won three new contracts with BP (LON:BP), extending a decades-long relationship between the two firms.
Scotland's finance minister has been warned against raiding a windfall gained through sale of renewables licenses and has been urged to reinvest it in the energy transition.
Two pioneering technology firms from Aberdeen are combining forces to serve subsea energy producers, particularly those looking to extend the life of offshore oil and gas assets.
Scottish ports are preparing to be hit by waves of investment worth billions of pounds as the UK continues to chase targets to reach net zero energy production.
Parkmead Group (AIM:PMG) boss Tom Cross confirmed he is "in discussions" over the sale of the firm's North Sea assets as the energy group turns its focus to renewables and international markets.
The COP29 meeting in Baku reinforced that the world is rapidly running out of time to avert catastrophic climate change unless transformative action is taken.
Blackburn-headquartered Vital Energi has announced that it is expanding its operations by opening new offices in Newcastle and Swansea while also increasing its existing presence in Glasgow. This comes on top of what Vital described as a “major” refurbishment of its Blackburn headquarters, increasing seating capacity by a third.
When I was 16 years old, I left school and began an apprenticeship, working my way up the career ladder and later earning my A-levels and an MBA. Despite the opportunities I enjoyed, I actually spent a lot of my career embarrassed that my start was different than other people’s and I didn’t see many people with a similar background at an executive level.
The boss of a North Sea independent producer in the process of buying assets from Shell (LON:SHEL) and Exxon (NYSE:XOM) has hit back at claims he forged documents to steal millions from a previous employer.
Beleaguered oil field services group Petrofac (LON:PFC) has struck a deal to delay payment to lenders another month as the debt-burdened firm continues its restructuring plan.