Exclusive interview: Chevron approves new lease of life for North Sea’s Captain
US oil major Chevron is pressing ahead with a ground-breaking project which will breathe new life into its billion-barrel Captain field in the North Sea.
US oil major Chevron is pressing ahead with a ground-breaking project which will breathe new life into its billion-barrel Captain field in the North Sea.
The lessons learned by a group of oil majors in their quest to improve North Sea production have been published today.
Norwegian oil service company Aker Solutions has clinched a £150million (NOK 1.6billion) contract to supply the largest ever umbilicals system.
Norwegian oil service firm Aker Solutions posted an increase in third quarter profits thanks to a cost efficiency drive and its involvement in major projects.
Statoil's chief executive will continue in his role after deciding not to exercise his contractual right to retire at the age of 62.
Oilfield service giant TechnipFMC has struck a deal to buy Plexus Holdings’ Aberdeen-based “jack-up business” for up to £42.5million.
The UK North Sea headquarters of Norwegian oil and gas giant Statoil are up for sale at offers over £18.45million.
The renewable energy revolution doesn’t scare the man overseeing western Europe’s biggest crude oil spigot.
Seven children are to sue European governments in a landmark lawsuit over the impact that climate change is having on their lives.
Oilfield service giant TechnipFMC has struck a deal to buy Plexus Holdings’ Aberdeen-based jack-up applications business for up to £42.5million.
Danish firm Semco Maritime has finished upgrading a Noble-owned jack-up rig at its base at Invergordon.
Transocean is finally sending Pathfinder to its grave, after two years in a Caribbean purgatory that cost about $15,000 a day.
A major oil service company is preparing to launch a consultation over job losses in Aberdeen and Montrose.
Statoil chief executive Eldar Saetre said today that oil prices were at the “low end of the cycle” and that demand was stronger than expected. Mr Saetre also said the shale sector, which has a huge influence on oil prices, had not yet peaked. Watch the full interview above.
A director at Shell has stepped down after being charged with fraud in relation to his work for mining giant Rio Tinto.
The Government's energy price cap legislation has sent an "important message to the industry" the Prime Minister has said as she expressed "hope" that it would "make changes even before we get the legislation on the statute book".
The number of people looking for work across the north-east has fallen year-on-year as jobs start to slowly emerge in the oil and gas industry.
A north-east offshore services firm has completed a £1.5million project to design and fabricate equipment for a major offshore subsea company.
Oil extended gains as signs of declining U.S. stockpiles pointed to healthy demand while investors weighed disruptions to supply because of global geopolitical tensions.
Encana Corp. Chief Executive Officer Doug Suttles says drillers in Texas’s prolific Permian Basin can no longer impress investors with how much acreage they’re snapping up or how quickly they’re boosting production.
Iran's supreme leader has urged Europe to do more to back the 2015 nuclear deal after Donald Trump refused to re-certify the pact.
Saudi Arabia has set up a new company which will spearhead the crusade to make government and public buildings more energy efficient.
African Petroleum has kicked off arbitration proceedings against Gambia over its rights to two offshore licence.
The agency behind a purpose built business park aimed at exclusively attracting renewable firms to the north-east is having to go back to the drawing board as a result of a lack of demand in the industry.
The world's first floating wind farm is being opened today in waters off the coast of Scotland.