BP hands McDermott contract for Trinidad platform project
Oil service firm McDermott International has won a contract to provide BP with a range of services for a project off Trinidad and Tobago.
Oil service firm McDermott International has won a contract to provide BP with a range of services for a project off Trinidad and Tobago.
Aberdeen-headquartered KCA Deutag (KCAD) has struck a £480million deal to take over a rival drilling contractor’s Omani and Saudi businesses.
Bernhard Guenther, chief financial officer of Germany energy company Innogy SE, was the victim of an acid attack that left the 51-year-old with serious injuries, according to Dusseldorf police.
The U.S. will dominate global oil markets for years to come, satisfying 80 percent of global demand growth to 2020 as the shale boom keeps OPEC under pressure, the International Energy Agency said.
ExxonMobil's LNG plant in Papua New Guinea will be unable to produce for about eight weeks due to an earthquake strike last week, a news report said.
Egdon Resources has agreed to farm-out interests in the Biscathorpe prospect in Lincolnshire to Union Jack Oil and Humber Oil & Gas Limited.
Energean Oil & Gas has signed a secured senior credit of up to $1.27billion to help it pay for the development of the Karish offshore gas field.
A new study published in Nature found oil fields in Saudi Arabia had among the lowest greenhouse gas emissions on the planet, a feather in the cap of the Middle Eastern kingdom as governments worldwide combat climate change.
Oil companies are expected to hand in more than 100 UK North Sea decommissioning plans over the next two years.
The UK president of ConocoPhillips tells Mark Lammey that good leaders can transform businesses – if they’re humble
Bosses at Jersey Oil and Gas have said the company’s North Sea exploration ambitions won’t stop at the Verbier field in the near future.
North Sea industry is in a better place after three tough years, but fresh thinking and new ways of working will be needed to help plot a course to a sustainable future, the head of Oil and Gas UK (OGUK) has said.
Ithaca Energy said today that its board had been thinned out following the North Sea oil producer's takeover by Israeli firm Delek Group.
AP Moller-Maersk is about to exit the Danish offshore oil industry that it created half a century ago. But for the next few decades, it will be stuck with a liability stemming from that business that’s as big as $1.2 billion.
The U.S. is one of the few areas of the world in which there is an energy investment boom underway, a development that could smooth out the uncertainties of geopolitical events around the world. At the same time, outside of the U.S., there is a deterioration of stability in many oil-producing regions, aggravating risks for both oil companies and the oil market, according to a new report.
The “highest single remaining hazard” at a Scottish nuclear site is being removed.
Westwood Global Energy reports that just one exploration well was active on the UKCS at the end of February, with no change since the end of last month. In addition, one exploration has now completed in 2018.
Noble Group Ltd. handed its outgoing co-Chief Executive Officer Jeff Frase a remuneration package worth about $20 million last year, even as the commodity trader slumped to a record loss of almost $5 billion.
A combined maritime and offshore oil and gas training centre is reaping the benefits of its central belt location, with workers coming from far and wide to use its facilities.
Have you heard the one where the oil company recovered 4,000 lost working days a year by improving its offshore and site recruitment processes? Or what about the one where an app provides real-time information on vessel sharing?
Aberdeenshire has a new energy industry and it’s green. From being the dream of a few individuals probably written off as slightly barmy, offshore wind has become a major part of the energy transition, for the UK as a whole, but also for north-east Scotland. Just take a look off the beach at Balmedie where the piles for the Aberdeen Bay Offshore Wind Farm are being installed as I write. Work is also continuing apace in the Moray Firth where the last 12 months have seen installation of all the offshore piles and a third of the jackets for the 84-turbine, £2.6billion Beatrice Offshore Windfarm. The first electricity could be generated as early as July and the operator, SSE, expects the farm to generate up to 588MW of power – enough for about 450,000 homes – once it is fully operational, which is expected in 2019.
Dutch company Acta Marine, which has an offshore walk to work vessel currently completing at Ulstein Verft, has now ordered another one even before the Norwegian yard has delivered the first.
It is unacceptable for employers to try to dock the wages of workers who could not travel during last week’s red weather warning, Scotland’s transport minister has said.
Energy companies will soon be banned from back-billing customers for gas and electricity used more than 12 months previously.
An annual fundraising event for north-east lifeboats – organised by a woman who lost her son in a North Sea helicopter disaster – raised more than £30,000 at the weekend.