Asco secures west Africa vessel monitoring deals worth £2.5m
International offshore logistics firm Asco has tied up two deals worth £2.5 million in west Africa.
BP and Oxbotica complete self-driving vehicle trial at German refinery
An autonomous vehicle developed by an Oxford University spinout has passed a trial at a BP refinery in Germany with flying colours.
Driller Noble rolls out Aberdeen firm’s app across fleet
Drilling contractor Noble Corporation has rolled out an Aberdeen technology firm’s new safety observation app across its fleet.
Energy Transition: Follow the money, not the glamour
Sick of the term “energy transition” yet? What does it mean anyway? Aberdeen Lord Provost Barney Crockett described it well at the Energy Exports Conference: “Energy Transition is different for everyone. We each have to start from where we are today, and then we each get to set our own destination.”
EVOL: Floating, talking and greening
How much of a problem is a two-foot crack in a ship West of Shetland? Clearly not one to prompt action in the first four years after the problem was reported. Who knows whether the latest HSE improvement notice will have any greater impact.
Stork agrees to sign up for new North Sea deal
Energy service firm Stork has become the latest company to pledge its support for a newly-drafted collective bargaining deal for North Sea workers.
Denmark secures backing for $34bn clean energy island in North Sea
The government has secured broad political backing for Denmark’s largest ever construction project, a 210 billion krone ($34 billion) man-made ‘energy island’ and hundreds of offshore wind mills that will deliver clean electricity and help the country achieve climate neutrality by 2050.
Maersk Drilling wins $19.5m deal with Aker BP
Maersk Drilling has secured a $19.5 million contract to provide its Maersk Integrator rig to Norwegian firm Aker BP.
Brent marching toward $60 on expectations for tight supply
Oil rose toward $60 a barrel on expectations OPEC+ is committed to restraining global supplies even as the demand outlook improves.
Experts lift lid on prospects for M&A at breakfast event
The past year may have been a relatively lean spell for mergers and acquisitions (M&A) in the region but what are the prospects for the market in 2021?
New boss taken on to drive forward oilfield technology specialist
Oilfield technology specialist Well-Sense, of Aberdeen, has unveiled a new chief executive.
Huge year for establishing UK oil industry’s net-zero credentials, experts say
Experts from EY, Wood Mackenzie and NorthStone Advisers say setting renewable energy targets will be high on oil and gas firms' agendas.
A sustainable future and a real story to tell
As the UK prepares to host the United Nations Climate Change Conference (COP26) in Glasgow in November, we’re doing all we can to help others understand and see our industry’s crucial contribution towards delivering a net-zero economy.
Sustainability: dealing with the unknown?
As many of you reading this will know, ASCO operates under two fundamental obsessions – Safety and Service excellence. However, as of last month, we added a third obsession: Sustainability.
Shell boss sees ‘room for spending’ on upstream projects in 2021
Shell’s boss said today that the recent “strong recovery” in oil prices meant the supermajor would have “room to spend” cash on upstream projects, including in the North Sea.
Petrofac clinches deals worth £220m in Oman
Energy service firm Petrofac has clinched two contracts worth a total of £220 million through Petroleum Development Oman (PDO).
EnQuest to buy Suncor’s North Sea Golden Eagle stakes for £240m
EnQuest has struck a deal to buy Canadian firm Suncor's 26.69% stake in the Golden Eagle area of the UK North Sea for £240 million.
Shell sinks to losses of £19.8bn in 2020 as Covid bites
Shell recorded pre-tax losses of £19.8 billion during an “extraordinary” 2020 marked by the Covid-19 pandemic and lower commodities prices.
A look inside ABZ – Aberdeen’s best-connected business park
During an intense period of challenge for the energy sector in the midst of a global pandemic, securing the future of Aberdeen as Europe’s oil and gas capital has never been more important.
IP Week 2021: From crisis to low carbon opportunity
This coming decade will be defined by three historic, global challenges: building a resilient recovery from the devastating Covid-19 pandemic; achieving the UN goal of universal access to energy for all populations; and charting an ambitious course - at COP26 and beyond - for tackling the threat we all face from the climate emergency.
Unions seek members’ views on ground-breaking new North Sea deal
Trade unions have launched a survey seeking feedback from members on a “ground-breaking” collective bargaining agreement that would cover thousands of North Sea workers.
Can you require employees to have the Covid vaccination?
The rapid roll out of Covid-19 vaccinations offers some light at the end of the tunnel after a year of restrictions, economic hardship and illness, and has been welcomed by most of the population. However, some remain concerned about the speed at which the vaccines have been developed. Surveys have reported that perhaps a third of UK citizens would be reluctant to receive the vaccine for various reasons including the potential unknown, long-term side-effects.
Updated: Coastguard mounts rescue operation as drillships get into trouble off Ayrshire
Coastguard teams launched a major rescue operation after “very high winds” caused a drillship to break free of its moorings in Ayrshire.
Petrofac postpones full-year results due to Covid restrictions
UK-headquartered energy service firm Petrofac has pushed back the publication of its full-year 2020 results to mid-April.
Aker Solutions tendering for £6.5bn of new work, 2020 ebitda down by a third
Ebitda at Norwegian energy service firm Aker Solutions dropped by 33% to £128 million in 2020, a year of “unprecedented challenges”.