R2S to provide Chrysaor with visual models of former Shell platforms
An Aberdeen subsidiary of marine services company James Fisher and Sons has been picked to provide North Sea newcomer Chrysaor with its visualisation software.
An Aberdeen subsidiary of marine services company James Fisher and Sons has been picked to provide North Sea newcomer Chrysaor with its visualisation software.
Automation is changing every industry – energy included. From robotics and Artificial Intelligence to automated warehouses and autonomous cars.
Richard Irvin Energy Solutions will deliver maintenance and support at army barracks and military bases in Hampshire, Dorset and Northern Ireland under a new contract worth an estimated £10million.
Baker Hughes, a GE company will buy back up to $3billion of its common units from BHGE and GE.
Statoil and its project partners in the Fram field off Norway have agreed to invest more than £90million to increase production from the asset.
The role of digital technologies in improving production efficiency offshore will be explored at an event organised by the Industry Technology Facilitator (ITF) later this month.
London-based Aminex said today that low reservoir pressure was restriction output from its Kiliwani North-1 well in Tanzania.
Norway has given Swedish firm Lundin permission to drill a wildcat well in the Barents Sea. The Leiv Eiriksson rig will carry out the drilling campaign on licence area 533. Lundin operates the licence and holds a 35% stake. Aker BP also has 35% while DEA has 30%.
Russian and Ukraine focused JKX Oil & Gas has hired Ben Fraser as its new chief financial officer.
Dallas-based Kosmos Energy suffered a widening of losses in the third quarter of 2017.
Nexen Petroleum UK’s boss has said that a £500million-plus project will extend the life of the North Sea’s biggest producing field by up to 10 years.
The mother of an offshore helicopter crash victim has backed calls for a public inquiry into North Sea chopper safety.
Oil service giant Wood said today that it has agreed to sell its North American nuclear business to a Canadian engineering firm for about £6million.
Oil majors BP, Shell and Statoil have joined a consortium which will create a digital platform for the energy commodity trading sector.
Oil climbed from the highest close in two years as an anti-graft probe in Saudi Arabia was seen to consolidate power in the hands of Crown Prince Mohammed bin Salman, who’s backed OPEC-led output cuts.
Even by the standards of Crown Prince Mohammed bin Salman, whose meteoric ascent has put him on the cusp of the Saudi throne at the age of 32, the Saturday night crackdown was stunning.
President Donald Trump, raising the political stakes in what would be the largest initial public offering, said the U.S. would “very much appreciate” if Saudi Arabia’s government lists the Saudi Arabian Oil Co. on the New York Stock Exchange.
More than 200 young professionals in the energy industry celebrated a successful 2017 in style this weekend at the Energy Institute Young Professionals Network (EIYPN) annual dinner and dance at the Chester Hotel in Aberdeen.
Egdon Resources has struck a deal to sell a 20% stake in the producing Fiskerton Airfield oil field in Lincolnshire for £137,000.
The evidence of global warming is stronger than ever, a massive US report has concluded, contradicting senior Trump administration officials who downplay the role of humans in climate change.
A call has been made for an independent inquiry into the deaths of people in police custody.
More than a hundred people have been killed in a truck bomb blast in eastern Syria, a spokesman for US-backed local forces said.
Following the introduction of UK Government policy reforms in 2015, Defined Benefit (DB) pension-holders from a broad range of industries, including those within the energy sector, are likely to find themselves with much more financial flexibility.
Shares in i3 Energy soared today after the London-listed firm said an investor could be ready to provide up to £9.9million to support a North Sea licence bid.
Spanish oil firm Repsol said today that production from North Sea assets had boosted its third quarter profits.