North Sea not back to ‘plain sailing’ yet, despite rising confidence, DNV GL report says
Investment is starting to flow back into the UK oil and gas industry as confidence levels soar after three tough years, a new report says.
Investment is starting to flow back into the UK oil and gas industry as confidence levels soar after three tough years, a new report says.
Brent crude rose above $71 per barrel earlier today for the first time since 2014 thanks to a drop in US oil stocks.
Economy Secretary Keith Brown has revealed that sections of Aberdeen’s new bypass could be opened earlier than planned – but he was unable to confirm whether the full road would be completed on schedule.
The unintended consequence of OPEC’s quest to drain a global oil glut may be a sharp rise in price volatility as the buffer against worldwide turmoil and disruptions is stripped back.
Property giant Savills has identified three key drivers for growth in Aberdeen’s office market this year.
A string of top bosses at collapsed construction giant Carillion are to be questioned by MPs next month.
Subsea technology firm EC-OG has signed up for an extra 1,200sq ft in the recently refurbished Davidson House on Campus One at Aberdeen Innovation Park.
Mexico is trying to lure as much oil investment as possible before the president who overhauled the country’s energy industry leaves.
Energy Secretary Rick Perry is putting taxpayer money where President Trump's mouth is.
The Scottish economy is still fragile despite official new figures highlighting a “robust” labour market, a leading think-tank said yesterday.
A Brazilian appellate court has unanimously upheld a corruption conviction imposed on former president Luiz Inacio Lula da Silva - and added years to his prison sentence.
BP Plc, the oil major that sold a third of its assets after a disastrous rig accident in 2010, said it won’t be left behind as the industry boosts investment in new energy.
Five workers are presumed dead, including one Texan, after an explosion ripped through a drilling rig in Oklahoma, triggering the nation's deadliest oil and gas incident in several years.
Fire protection company Blaze Manufacturing Solutions won the family business of the year award at a ceremony in Edinburgh last night.
Awilco Drilling has received a new booking for its WilPhoenix rig with an unspecified client. Westhill-based Awilco said the contract was worth $13.8million dollars. The contract will commence immediately after the agreement with Apache North Sea ends in the second quarter.
Scottish granite had a hand in the shutdown of the Forties pipeline in December, infrastructure owner Ineos was cited as saying in a news report.
The government shutdown is now delaying the rollout of President Donald Trump's plans to expand offshore drilling.
UK subsea companies are being encouraged to join a trade mission in March to explore energy sector opportunities in Brazil.
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Bristow Helicopters has unveiled a new passenger terminal for offshore workers flying out to North Sea installations.
Aberdeen technology start-up Raptor Oil has secured £4.2million worth of backing from an investment programme led by energy giant Statoil.
The number of delayed oil and gas projects sanctioned last year was more than double that of 2015 and 2016 put together.
BP is considering a bid for one of Italy’s largest collection of solar assets, according to people familiar with the matter.
Five workers are missing following a gas explosion at a drilling site in Oklahoma, according to a news report.
Odfjell Drilling said today that Statoil has exercised a second option built into a contract for the Deepsea Bergen rig.