Stars need cash to align for single-lift vessel
A group of companies say the “stars are aligning” for the development of a new single-lift construction vessel (SLCV) which could take a chunk out of North Sea decommissioning costs.
A group of companies say the “stars are aligning” for the development of a new single-lift construction vessel (SLCV) which could take a chunk out of North Sea decommissioning costs.
Trinity Exploration and Production has agreed to sell its stakes in a package of assets in Trinidad and Tobago to Range Resources for $4.5million.
Huge steel beams are being lowered into place to form the arena of the new £333million Aberdeen Exhibition and Conference Centre (AECC).
Secondary school pupils from across the north-east are being given help to shape their future by BP, as part of the ‘Career Ready’ scheme.
Oil and gas industry professionals should consider additional academic qualifications as a form of insurance in an uncertain industry, according to the head of Robert Gordon University’s MBA course.
Scottish marine power firm Atlantis Resources has revealed that the first phase of its MeyGen project has reached a new milestone.
The UK’s export credit body will support £90million in financing for two power plants in southern Iraq.
Trinity Exploration and Production said it had delivered a marked turn around in its financial performance in the first half of 2017.
Dutch oil service firm SBM Offshore said today that its first-half revenues were in line with guidance and that it had managed to integrate three new FPSOs into its fleet.
A fledgling North Sea decommissioning firm has moved quickly to complete its first acquisition.
Jersey Oil and Gas could scarcely have dreamt that the farm-out process for the North Sea Verbier prospect would go so smoothly.
Aberdeen supply chain company GOT Procurement Services owed more than £300,000 when it folded earlier this year.
The US was a net exporter of natural gas in three of the first five months of 2017, bucking a trend which has lasted more than half a century, a new report said.
Aberdeen-based firm Parkmead Group has completed a deal to buy Verus Petroleum out of a North Sea licence.
Kosmos Energy, a company behind some of the industry's largest recent oil discoveries, will begin drilling the first of a trio of so-called super-giant prospects off the coast of Senegal and Mauritania later this month.
BP believes it has found a fertile new source of shale gas in New Mexico, on land it bought from a US shale driller two years ago.
RockRose Energy’s boss has said he wants to turn the North Sea player into a firm capable of developing assets, rather than just buying up non-operated interests.
Oil and gas majors have pulled off a strong recovery in the 12 months to June 30, and further improvements will follow in the second half of 2017, a Moody’s oil analyst said.
Offshore vessel contractors are caught in the midst of “worrying times” with more than a quarter of the fleet laid up and reactivation costs high, new research shows.
A group of former North Sea oil workers will embark on teaching careers this month after ditching black gold for blackboards.
The Oil and Gas Authority (OGA) had made another seven blocks available in the 30th North Sea bidding round.
Shares in Providence Resources plummeted by almost 40% after the firm revealed a disappointing outcome for one of its wells off Ireland.
A group of North Sea stalwarts have set up a business which will take the sting out of subsea well decommissioning costs – and create hundreds of jobs.
US oil firm Apache said yesterday that its North Sea Callater project had started producing early and under budget.
Echo Energy said today that a new investor syndicate had bought 21.9million shares in the South-America focused upstream gas company.