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.
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.
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.
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.
A trade union chief has cast doubt on the Scottish Government’s ability to orchestrate an orderly shift away from oil and gas.
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 London-listed ITM Power (LON: ITM) fell on Monday after the green hydrogen firm issued its third profit warning in eight months.
Boskalis has hit a special milestone as the heavy lift firm begins work on its 100th offshore wind farm project.
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”.
North Sea workers have had their say on Holyrood’s plan for accelerating the decline of the oil and gas industry.
Westminster’s U-turn on plans to roll back loathed off-payroll working rules appears not to have had any impact on public coffers.
Dozens of offshore workers are to benefit from a hefty pay increase after a long-running dispute was brought to an end.
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.
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.
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 Energy’s (LON: HUR) top brass are to remain in charge after being given a stay of execution by the company’s top backer.
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.
Politicians, analysts and workers have now all had some time to digest the Scottish Government’s ‘energy strategy and just transition plan’.
The UK Government has been accused of putting jobs in the north-east at risk after delays to carbon capture funding.
SNP plans to move away from oil and gas production in the North Sea as quickly as possible have been heavily criticised by the prime minister.
Scottish ministers are considering whether to increase the country’s current offshore wind rollout targets.
London-listed supermajor BP (LON: BP) has kicked off 2023 with the announcement of two new senior appointments.
Meanwhile, Hurricane said it has had "multiple proposals from credible counterparties" on its process to sell the company.
By the end of the decade, the UK is aiming to have 50 gigawatts (GW) worth of turbines spinning in the sea.
Depending on your point of view, the Scottish Government’s new energy strategy is either a “breathtaking betrayal”, or “welcome” and “correct” – or maybe you’re somewhere in the middle.
Construction work on BP’s (LON: BP) Arche utility-scale solar project is underway in Fulton County, Ohio.