Proserv acquires stake in power system monitoring firm Synaptec
Energy services firm Proserv has acquired a minority stake in Glasgow based power system monitoring expert Synaptec.
Activists to dress up as bosses of Shell, BP, Gazprom in protest against energy bills rise
Demonstrators are planning to dress up as the bosses of Shell, BP and Gazprom this weekend in protest against the energy price cap rise.
Operators urged to be vigilant after drones spotted near North Sea platforms
Norway’s offshore watchdog has urged “increased vigilance” after unidentified drones were spotted near North Sea platforms.
13 jobs either gone or on the brink after Peterhead offshore supply chain firm goes bust
A 30-year-old Peterhead shotblasting firm has gone bust, with most of the jobs among a 13-strong workforce axed.
Aberdeen-headquartered i3 Energy shuffles top team
North Sea operator i3 Energy (AIM: I3E) (TSX: ITE) has announced a change to its top brass.
Wood bags $350m contract to service BP assets
Aberdeen-headquartered Wood (LON: WG) has won a multi-region engineering services contract by support BP (LON: BP).
Shell and Exxon launch sale of UK Southern North Sea assets, Reuters reports
Supermajors Shell (LON: SHEL) and ExxonMobil (NYSE: XOM) are seeking to offload a large package of North Sea assets.
Taqa share of decommissioning Brae Area up $352m after Fujairah default
Taqa’s share of the decommissioning bill for the Greater Brae Area (GBA) has increased by more than $350 million after a licence partner defaulted on its liability.
‘Offshore wind is the Beatles of energy’, says BP renewables boss
A senior renewables figure at BP (LON: BP) has likened offshore wind to, arguably, the biggest rock band of all time.
Drilling veteran officially takes up COO brief at Valaris
Valaris’ (NYSE: VAL) new senior vice president and chief commercial officer (COO) has officially taken up his role.
Updated: COTA laments rejection of ‘unprecedented’ pay offer by North Sea catering staff
The Catering Offshore Trade Association (COTA) says it is "extremely disappointed" offshore caterers voted to snub its latest pay offer.
Reversal of ‘onerous’ IR35 laws will ‘unlock potential’ of contractors
Employment and tax experts have roundly hailed the Chancellor’s shock pledge to scrap contentious IR35 reforms.
North Sea windfall tax forecast to raise £2bn more than originally thought
Proceeds from the UK Government’s windfall tax are expected to top £7 billion this year, about £2bn more than originally thought.
Discovery of ‘significant non-compliance’ behind delay to Tolmount start-up
A detailed timeline of the events that delayed the start-up of Harbour Energy’s (LON:HBR) Tolmount gas field has been published.
Government to fast track five North Sea oil and gas fields, including Cambo and Murlach
A handful of North Sea oil and gas schemes have been included in a list of infrastructure projects the UK Government is aiming to fast track.
‘Huge victory for contractors’ as Kwarteng pledges to repeal IR35 tax rules
The Chancellor has pledged to repeal controversial changes to off-payroll working laws in a bid to boost the labour market.
Hydrogen UK says sector must ‘keep foot on gas’ to cash in on ‘multi-trillion dollar global industry’
A top hydrogen industry figure has urged the UK to “keep the foot on the gas” to accelerate the development of the sector.
North Sea firm Longboat secures rig to spud exploration well
Longboat Energy (LON: LBE) has struck a deal to secure a rig, opening the door for the spudding of a North Sea exploration well.
Oil majors and services giants in running for OEUK Awards 2022
Some of the North Sea’s biggest players have been included on the shortlist for this year’s prestigious Offshore Energies UK (OEUK) Awards.
Jersey making ‘great progress’ in finding partner for GBA redevelopment
Jersey Oil and Gas is making “great progress” in its quest to find a partner for the Greater Buchan Area (GBA) redevelopment.
Liz Truss risks Tory backlash over end to fracking ban
Liz Truss faces a political backlash after lifting England's fracking ban, with anger from Tory MPs and the threat that opposition parties will use the excuse to drum up support in key electoral battlegrounds.
Greenpeace readying lawyers to oppose new North Sea licences
Westminster has been accused by environmental groups of “abdicating all responsibility” for tackling climate change.
NSTA moving ‘at pace’ to launch offshore licensing round after climate compatibility checkpoint revealed
It has been confirmed the upcoming offshore licensing round will kick off “early next month” after ministers gave long-awaited clarity about the UK’s climate compatibility checkpoint.
Pushing for key renewables roles to be recognised as ‘skilled’ may help to ease talent crisis
Industry has to respond to Migration Advisory Committee (MAC) call for representations for additions to shortage occupation list
North Sea oil revival may hinder renewables firm’s attempts to attract workers
A shortage of skilled workers is already costing the UK dear as various industries try in vain to attract staff.