Global Energy Group fined £80k after death of surveyor at Highlands facility
A Highlands energy services firm has been fined £80,000 after a surveyor died from injuries caused by an electrical explosion.
Altera hiring workers to revamp Knarr FPSO for Rosebank
Altera Infrastructure has launched an employment drive as it prepares for the redeployment of the Knarr FPSO.
Petrofac workers on BP assets resume strikes after talks break down
Petrofac (LON: PFC) employees on a host of BP (LON: BP) North Sea assets downed tools this morning after negotiations stalled.
Oil market faces bigger surplus even as China reopens
Global oil markets face a bigger surplus this quarter than previously expected, with demand still constrained despite China’s bid to reopen its economy from Covid lockdowns.
Windfall tax has sent North Sea ‘investor confidence to an all-time low’, says Neptune boss
A senior figure at Neptune Energy says the UK Government’s energy profits levy (EPL) has sent North Sea “investor confidence to an all-time low”.
New auctions, new vessels, new entrants – Westwood shares 2023 offshore wind themes
Research firm Westwood Global Energy Group has delivered its forecasts for the offshore wind market in the coming year.
Taking the drama out of the energy strategy furore
It's hard to tell which of the two North Sea-based dramas which premiered recently had more viewers watching through their fingers – supernatural TV show The Rig or the announcement of the Scottish Government's draft Energy Strategy plan.
Archer and IKM in for Baker Hughes’ pumping and tubing division
A pair of firms are making a play for Baker Hughes’ coil tubing and pumping business, potentially paving the way for its takeover of rival Altus Intervention.
French giant TotalEnergies accounting for $1bn windfall tax hit ahead of 2022 results
North Sea operator TotalEnergies (LON: TTE) expects to shell out millions of pounds to the UK Government, as a result of the divisive windfall tax.
Energy bills set to rise as fuel diverted from Mossmorran to Europe for profit boost
Households and businesses using off-grid gas in Scotland face higher energy bills as fuel is diverted from Mossmorran to mainland Europe, The Courier can reveal.
‘Scotland is blueprint for how not to deliver a just transition’, says GMB boss
A trade union chief has cast doubt on the Scottish Government’s ability to orchestrate an orderly shift away from oil and gas.
Oil and gas companies lodge over 100 bids in North Sea licensing round
More than 100 bids have been lodged for the UK’s 33rd offshore oil and gas licensing round, the industry regulator has confirmed.
Shares in hydrogen firm ITM Power dip on latest profit warning
Shares in London-listed ITM Power (LON: ITM) fell on Monday after the green hydrogen firm issued its third profit warning in eight months.
Boskalis hits 100 offshore wind projects
Boskalis has hit a special milestone as the heavy lift firm begins work on its 100th offshore wind farm project.
Ex-BP CEO calls for end to the ‘demonisation’ of oil and gas industry
A former BP (LON: BP) chief executive has called for an end to “the demonisation of the fossil fuel industry by activists, politicians and the media”.
A ‘cheap shot’, ‘ill informed’ – oil workers united in opinion of Scot Gov energy strategy
North Sea workers have had their say on Holyrood’s plan for accelerating the decline of the oil and gas industry.
UK Gov’s IR35 flip-flopping did not incur ‘any additional costs’, says minister
Westminster’s U-turn on plans to roll back loathed off-payroll working rules appears not to have had any impact on public coffers.
Over 200 Petrofac workers to receive £18k pay increase after accepting offer
Dozens of offshore workers are to benefit from a hefty pay increase after a long-running dispute was brought to an end.
Serica boss addresses investor concern on whether Triton FPSO is ‘fit for purpose’
Dana Petroleum, which operates Triton, was cautioned last year by the HSE after it found employees were put at risk of exposure to legionella bacteria on board.
Serica minor backer voices ‘unmitigated disgust’ over Tailwind deal
A minor shareholder in Serica Energy (LON: SQZ) has written to the company’s chairman to vent his “unmitigated disgust” over the planned acquisition of Tailwind Energy.
Up to £6.5bn to be spent on new wind turbine vessels in coming years
Billions of pounds are likely to be spent on new wind turbine and foundation installation vessels this decade as industry moves address the looming shortage.
Hurricane board to stay on after activist investor backs off
Hurricane Energy’s (LON: HUR) top brass are to remain in charge after being given a stay of execution by the company’s top backer.
Cromarty Firth to win ‘freeport’ status as Aberdeen bid misses out
Aberdeen business leader equated "awful policy decisions" on freeports, energy policy and lack of CCS support to a "catalogue of betrayals" from Scottish and UK Governments.
Scotland’s energy strategy: ‘bold’, or a ‘betrayal’ – what do you think?
Politicians, analysts and workers have now all had some time to digest the Scottish Government’s ‘energy strategy and just transition plan’.
SNP energy secretary slams ‘money wasting’ delays to north-east carbon capture scheme
The UK Government has been accused of putting jobs in the north-east at risk after delays to carbon capture funding.