Updated: Bob Dudley hails 2017 as one of strongest years for BP
BP chief executive Bob Dudley has hailed 2017 as one of the strongest years in the company's recent history.
BP chief executive Bob Dudley has hailed 2017 as one of the strongest years in the company's recent history.
Oil is set for the longest losing streak in two months as a global rout sparked by a plunge in U.S. equities bled into Asian hours, dragging down everything from commodity markets to energy stocks.
As I write this, two Chinese heavy lift transport ships remain anchored in Scotland’s Inner Moray Firth waiting for orders. They were supposed to have loaded by now and carted away for scrapping a couple of semi-submersible drilling rigs that have been laid up in the Cromarty Firth for some time.
Oilfield service firm Expro has stayed true to its word by emerging from chapter 11 bankruptcy protection with its 600-strong, north-east workforce intact.
The £60billion North Sea decommissioning market is on the cusp of its first major cycle, a new report said.
Leading storage and inspection firm Independent Oilfield Services (IOS) is heading for a strong performance in 2018 with recent announcements that the company has secured two new contracts worth more than £12.5million and has embarked on a £5.5million investment and expansion programme.
A few recent legal developments have implications for the subsea sector, among others.
Two Aberdeen firms are expanding their horizons after opening offices in Glasgow and Egypt.
Controversial north-east entrepreneur Ian Suttie has said a poor trading performance masked “significant change” at one of his businesses, just months after saying its accounts were a mess.
Please pardon the tautology, but there is a great deal of movement going on in global mobility. Employees are more mobile than ever and this trend is set to continue.
Eastern European gangsters are under investigation for using a steel firm to staff the construction site of the new AECC with illegal workers.
Workers on Aberdeen’s long-awaited western bypass were left “dazed and confused” last night amid reports that several had been made redundant.
Upland Resources’ boss said yesterday that “the cash is there” for a rig to drill a well in the Moray Firth after picking up investment from a major entertainment corporation.
Exxon Mobil and Chevron, usually trendsetters in the oil industry, are woefully off the pace.
Profits more than doubled at Norwegian oil firm Aker BP in the fourth quarter of 2017 as production and oil prices lifted.
Aker BP said today that the results of an investigation into a worker's death in December would be reported early this month.
Oilfield service giant TechnipFMC has agreed to buy a 51% stake in Norwegian firm Island Offshore’s subsea subsidiary.
Oilmen, wildcatters and refiners are reaping billions in windfalls from President Donald Trump’s new tax code, helping boost the staying power of old-style energy even as the world searches for cleaner fuels.
The UK's electricity and gas regulator has launched an investigation into Ovo Energy over information the company gave some customers.
Shell’s boss said yesterday that the North Sea is showing signs of “rejuvenation” and can provide the oil major with more room to grow.
The Aberdeen headquarters of energy service giant Wood are up for sale at offers in excess of £81.2million.
Upland Resources said today that a bid to drill a well off the north-east of Scotland has taken a big step forward.
Scotland’s offshore wind energy industry workforce has increased by 300%, according to new figures.
Energy service company Wood said today that the US corporate income tax rate reduction would result in a “one-off, non-cash credit” to its profit and loss statement for 2017.
Communities across the north and north-east could be missing out on millions of pounds because windfarm developers are trying to “wriggle out” of their commitments, it was claimed yesterday.