An emergency was declared earlier today at Sumburgh Airport after a helicopter taking off was caught up in a lightning storm.
Spirit Energy said today that it would take up the reins as operator of a southern North Sea discovery.
Bosses at Hydrasun are in high spirits after investing in new kit, lifting profits and returning the firm’s order book to pre-downturn levels.
Dutch firm One-Dyas has confirmed an oil discovery with its Ossian-Darach well in the southern North Sea.
Hydrasun is on the verge of acquiring an unspecified company in Germany to strengthen its foothold in the hydrogen market.
Chevron will move forward with the massive Anchor project in the deepwater Gulf of Mexico that carries an initial development cost of $5.7 billion.
Malaysian oil firm Hibiscus Petroleum has completed the acquisition of the Crown discovery in the North Sea for a fee which could rise to £4 million.
Aker Solutions and Subsea 7 will deliver the second phase of the Aerfugl project off Norway for Aker BP.
A £1 billion undersea energy cable to transmit renewable energy from the north of Scotland to the rest of the country has been hailed as a “critical” part of the country’s fight on climate change.
Dounreay’s operators have been rapped after a radioactive leak from the Caithness site.
A US oil firm with a large North Sea operation has confirmed plans to reduce its global headcount by 10-15%.
Pupils from Robert Gordon’s College have excelled in this year’s STEM in the Pipeline competition, which tasked them with finding a solution to an oil and gas challenge.
An innovative North Sea equipment sharing scheme devised to save companies time and money on ordering new gear could be revived next year.
A consultant has quit an influential chemical engineering committee after just four months due to a disagreement about messaging around the climate emergency.
Energy projects that need oil prices above $60 per barrel in order to break even risk being uncommercial going forward, according to Rystad Energy. However, massive investments in exploration and sanctioning are still needed to meet growing global demand.
A Scottish decommissioning company has announced the acquisition of Glasgow-based engineering firm.
UK offshore oil and gas companies have taken a small backward step in their efforts to work together more effectively, a key survey suggests.
The $1.7 billion hit to Tullow Oil Plc’s market value on Monday — a 65% drop — provides a stark reminder of why bosses shouldn’t stay too long at the top. The hydrocarbon producer has been stubbornly overoptimistic about its prospects. Reality has now dawned, and it turns out the London-based group is in an extremely tight position.
The UK government's draft legislation for the Finance Bill 2019 spells out HMRC's plans to extend IR35 compliance obligations to end users in the private sector. Since its publication, familiarity and anxiety with IR35, also known as the 'off-payroll working rules', has escalated rapidly. Matthew Sharp, tax specialist at Fieldfisher, answers some of the questions that have emerged from greater awareness of the proposed legislation.
John F Kennedy once said: “Change is the law of life. And those who look only to the past or present are certain to miss the future.”
This weekend's windy weather set a new renewable power record - and saw some households paid to charge their electric cars to help balance the grid.
Even as Mexico’s president and Petroleos Mexicanos’s CEO touted the country’s most important find in three decades, it appears to be far from a panacea for the beleaguered state driller.
When analysing Guyana’s production sharing agreements (PSAs), it is important not to be misled by statements comparing Guyana’s 2% royalty with higher royalties in other countries (set on average at about 10%-15%).
Norwegian energy major Equinor has started up production from its 2 million barrel Barnacle field in the UK North Sea.
Well management firm Exceed Energy has enjoyed at jump in profits after injecting fresh impetus to its overseas expansion ambitions.