Shell chief executive Ben van Beurden has said that climate change is the biggest issue facing the energy sector, encouraging the European oil major to invest more in cleaner-burning gas and renewable energy.
There could be a “glut or a delay” in North Sea merger and acquisition activity towards the end of 2018, as firms wrap their heads around the prospect of transferable tax history legislation.
Decom North Sea’s primary role as a member organisation is – of course – to bring value to our members; we’re here to support the supply chain in winning work, and to help operators meet their regulatory obligations and cost control challenges. A clear understanding of the decommissioning marketplace is critical to both parties, if efficient, cost-effective and environmentally-sound decommissioning activity is to be undertaken.
Sometimes, if you’re lucky, in your professional life, you have a Sliding Doors moment where someone sticks up for you or puts you forward for something that changes your career path.
Today, women in energy are embraced and empowered to make a difference to business. This is an encouraging step forward. However, that doesn’t mean I wasn’t excited and surprised when I recently saw a female engineer on-site in Baku.
Nine days after a massive earthquake and more than a hundred aftershocks shook Papua New Guinea -- including a 6.7 magnitude hit early Wednesday -- the Pacific nation is struggling to access villages cut off by landslides and secure safe drinking water.
Households are in line for a cut in their energy bills under new proposals from regulator Ofgem that would limit how much network operators can pay shareholders.
After accurately predicting the prolonged length of the recent oil bust, BP Chief Executive Bob Dudley now sees a healthy "fairway" with oil prices remaining above $50 a barrel but below $70.
Schlumberger CEO Paal Kibsgaard said the world's largest oilfield services firm cut almost 70,000 jobs in less than three years as its revenues plummeted 50 percent during a prolonged oil bust.
Around one-third of lost time offshore can be attributed to materials – for example, equipment being inaccessible when required. While costs remain higher in the North Sea than in equivalent mature basins, this is something industry must action.