Sweden’s biggest wind farm began producing power this month, and the region’s nuclear reactors are feeling the heat.
Texo Accommodation, part of Texo Group of companies, has launched a range of modular products to meet demand for increased safety and social distancing during the Coronavirus pandemic.
The double threat of coronavirus and the price crash has forced oil companies around the world to rearrange plans and save money where possible, and Africa is set to feel the squeeze.
Aberdeen-headquartered Cortez Subsea champions new and proven technology to offer one of the most cost-effective pipelay methods in the world.
The Covid-19 pandemic is driving us to find new ways of getting things done. In these uncertain times, digital technology is leading the way.
Ineos has extended the postponement of its shut down of the Forties Pipeline System until next year due to the Covid-19 pandemic.
The UK’s underwater engineering industry is exploring ways in which it can transfer its expertise to help support the national effort to tackle the coronavirus pandemic.
The UK could “sleepwalk” into “mass redundancies” in the oil and gas industry unless Chancellor Rishi Sunak takes urgent action, MPs have warned.
Despite a recently announced planned capital raising, Australian-listed Oil Search, which has major stakes in Papua New Guinea’s emerging LNG sector, is a prime takeover target, as mergers become more likely in a low oil price world.
North Sea oil firm Ithaca Energy will cut its 2020 capital expenditure in half to £97 million in response to the crude price drop and Covid-19 outbreak.
Wintershall Dea has made an oil discovery at the Bergknapp prospect in the Norwegian Sea, close to the Maria field.
Most people in the oil and gas industry will be aware of the term “functional safety”.
A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.
If we are to stick within the Paris targets, the OECD estimates that $70 trillion of investment in decarbonisation will be needed over the coming decade. This begs the trillion dollar question; where’s the cash going to come from?
The first quarter of 2020 was a salutary lesson in how quickly long-term trends can be disrupted by current events.
I’ve been in the industry a good few years and experienced its ups and downs but the sheer pace of change we’re currently seeing throughout the UK calls upon every ounce of the skills, expertise and determination our world-class supply chain has to offer.
Production on a North Sea vessel has been shut down in response to the removal of a crew member with “flu-like symptoms”.
Oilfield services firm Petrofac will put about 200 north-east staff members on furlough as part of its response to the Covid-19 outbreak.
Oil and gas firm Neptune Energy has mapped out ambitious targets to cut its carbon and methane emissions.
RockRose Energy’s boss today insisted the firm’s growth prospects were “undimmed” by the slump in crude prices.
A call for staff to return to work at a Dundee-based engineering firm after being sent home amid the Covid-19 pandemic has been branded “irresponsible” amid claims it is putting lives at risk.
Westwood Global Energy reports that as of 2 April there was one exploration well that was in the process of completing, with no active E&A drilling.
At the time of writing the oil price has slipped below $30 and I’ve already begun hearing of potential job losses, real job losses and project delays.
Demand destruction and sustained oil prices below $40 per barrel mean Asia Pacific is bracing itself for a brutal wave of cost cutting that will see its reliance on imports rise as upstream investment is hit hard.
The double whammy of the Covid-19 pandemic and the effects of the Opec+ price war is presenting what is rapidly becoming the upstream oil and gas sector’s biggest challenge to date.