Statoil dishes out £375m Castberg contract
Statoil has awarded Sembcorp Marine in Singapore the £375million contract to build the hull and integrated living quarters for the vessel which will serve the Johan Castberg field in the Barents Sea.
Statoil has awarded Sembcorp Marine in Singapore the £375million contract to build the hull and integrated living quarters for the vessel which will serve the Johan Castberg field in the Barents Sea.
Independent Oil and Gas (IOG) has said that its wholly-owned Harvey licence in the North Sea could be worth £79million.
Oil and gas industry stalwart David Pridden has died at the age of 66 following a battle with cancer.
The chairman of North Sea oil firm Hurricane Energy has quit in a disagreement over the firm’s future direction.
Prosecutors have displayed two million dollars in cash, which they claim was a bribe, at the corruption trial of a former Russian economic development minister.
Drone inspections at Dounreay are saving the taxpayer tens of thousands of pounds a year, the Nuclear Decommissioning Authority (NDA) said yesterday.
A new competition aimed at inspiring school children to research offshore wind technologies and build a working floating wind turbine is being launched in the north-east next week.
Saudi Aramco today signed agreements worth $4.5billion with oil service firms for several mega-projects.
The number of oil and gas farm outs has nosedived over the past decade, but an upturn may not be far away, a new report said.
Energy giant Ineos has booked oilfield services company Expro to carry out well testing services on the Breagh field in the southern North Sea.
OPEC said shale oil production will grow considerably faster than expected over the next four years after the group’s output cuts triggered a crude-price recovery that helped U.S. producers.
A boss at ScottishPower has warned that the UK Government’s proposed energy price cap will be bad for consumers, companies and investor confidence.
An auction to become the marketer for Mexico’s share of oil and gas extracted under new contracts has fallen flat, a news report said. The National Hydrocarbons Commission said no bids were received by yesterday’s deadline, Reuters reported. A new tender process will be launched in the coming days, it said.
Total and Eni plan to drill an exploration well off Cyprus in the coming months, a news report said.
Aberdeenshire-based Eland Oil and Gas said today that its latest well in Nigeria was capable of beating initial estimates.
Drilling rig company Nabors has received anti-trust clearance in the US and Canada for its takeover of Houston-based upstream technology firm Tesco Corporation.
Energy giant Ineos’s oil and gas division has no plans to open a regional office in Aberdeen, a company boss has said.
Danish conglomerate AP Moller-Maersk sank into the red in a third quarter marked by an agreement to sell its oil division to Total of France.
Energy Voice broke the news that WorleyParsons of Australia is acquiring the UK business of Amec Foster Wheeler in a deal worth £182million.
Tax relief for the decommissioning of UK oil and gas assets is an issue that has attracted much attention in recent times. The fall in oil price in late 2014 changed decommissioning from a future consideration into a present reality for a number of UK offshore fields, and there are numerous high profile examples of fields ceasing production in the past couple of years with a view to the commencement of decommissioning work.
The London Stock Exchange "has made a very strong case" for oil giant Saudi Aramco to choose Britain for its expected 2 trillion (£1.5 trillion) flotation, a spokesman for Prime Minister Theresa May has said.
Oil traded near the highest close in more than two years as political upheaval in top crude exporter Saudi Arabia reverberated through a market where prices were already elevated by signs of tightening supply.
A first land motion map has been created showing movement across Scotland.
Texas oil companies have hired more than 30,000 workers over the past year, a sharp turnaround after they laid off a third of the industry's statewide workforce during the oil bust.
Aberdeen oil firm Siccar Point Energy has struck a deal to sell its stake in the Jackdaw discovery in the central North Sea.