Wood to invest £20k in Stem, boss Watson says
The boss of one of Scotland’s biggest companies delivered the 2018 Scottish Council for Development and Industry (SCDI) annual lecture just a few miles from the firm’s home city last night.
The boss of one of Scotland’s biggest companies delivered the 2018 Scottish Council for Development and Industry (SCDI) annual lecture just a few miles from the firm’s home city last night.
Each week, Energy Voice pulls together the Friday Five. Click to see the site’s most read and engaged with stories of the week.
Notwithstanding a degree of stability during 2017, the “lower for longer” oil price continues to affect the industry, and while these pressures can be positive, forcing efficiencies and stimulating innovation, they also bring challenges, and at times disputes.
Tom Baxter, senior lecturer in chemical engineering at Aberdeen University, has presented a discussion paper on the case for reforming decommissioning regulations before the Scottish Parliament. Read the full report:
Helping business to scale up to the next level is key for growing Scotland’s economy and creating jobs, one of the north-east’s top entrepreneurs said yesterday.
TransCanada said it has received enough customer support to build the controversial Keystone XL pipeline and will continue to press forward.
ExxonMobil has agreed to buy exploration and production rights for a block off Ghana.
North Sea oil firm EnQuest is trying to sell a 20% stake in its £2billion Kraken field, a news report said.
Saudi Arabian Oil Co. is ready for its initial public offering in the second half, with the government yet to decide where to list the shares, Chief Executive Officer Amin Nasser said.
BP agreed to help increase crude production at northern Iraq’s Kirkuk fields as part of government push to restore output and exports capacity after recapturing the oil-rich region from semi-autonomous Kurdish forces in October.
Tulip Oil has decided to press ahead with the development of the Q10 gas field in the North Sea.
Upland Resources has terminated its agreement to buy a 10% stake in the Wressle project after Lincolnshire authorities refused planning applications to develop the discovery.
Kinder Morgan on Wednesday posted a fourth quarter loss of just under $1 billion after a one-time tax charge of $1.4 billion, a hit taken from the recently enacted federal tax overhaul, the company said.
Shell and BP agreed to annual deals to buy Libyan crude, underscoring how the North African country’s recovering production and improving security are enticing some of the world’s largest oil companies.
Husky Energy has been ordered to suspend operations on the SeaRose vessel off Canada's east coast after a near miss with an iceberg.
A former chief executive of bankrupt engineering firm Carillion has resigned as a non-executive director Aberdeen oil service giant Wood.
Aberdeen-based oil firm Ithaca Energy has agreed to sell licences containing the onshore UK Wytch Farm field for £38million.
About two acres of industrial land in Aberdeenshire are up for grabs at a knock-down price of £1million in what could turn out to be one of the best bargains on offer in a subdued commercial property market.
The recent shut-in of numerous North Sea fields as a result of the required repairs to the Forties pipeline is the first major UKCS industry-wide force majeure event since Piper Alpha almost 30 years ago.
Port of Cromarty Firth (PCF) has received its second and final environment permit, allowing it to start decommissioning projects immediately.
Office space take-up in Aberdeen raced ahead by 85% to 405,000sq ft during 2017 as oil prices started to recover.
UK subsea service companies will have a chance to broaden their horizons at the sector’s main annual conference and exhibition.
The world’s hottest offshore prospect for oil companies is off the coast of Guyana, where a string of major discoveries has drawn hundreds of millions of dollars in a quest for crude.
The UK's workplace safety watchdog has reprimanded Shell following a gas leak on the Brent Bravo platform in November.
Preparations are under way to send a robot submarine to explore a sunken Iranian oil tanker where all 32 crew members are believed to have died, Chinese officials said.