Updated: Neo Energy enters exclusive talks with ExxonMobil over North Sea portfolio
Oil and gas firm Neo Energy has entered into exclusive negotiations over the purchase of ExxonMobil's UK central and northern North Sea portfolio.
Oil and gas firm Neo Energy has entered into exclusive negotiations over the purchase of ExxonMobil's UK central and northern North Sea portfolio.
UK oil and gas firm Serica Energy has managed to extend a US sanctions waiver for its Rhum gas field in the northern North Sea.
Orkney is to become a “living laboratory” in a £3.7 million scheme to establish the UK’s first operationally-based low-carbon flight test centre.
New research by global commercial property adviser CBRE has revealed a positive end to 2020 for the Aberdeen office market.
London-listed EnQuest said today it had completed the £13 million acquisition of a stake in the Bressay field from Equinor.
Aberdeen based training and competency consultancy Ann McRobb Associates is set to deliver a series of in-house training programs which will revolutionise the way oil and gas sector professionals gain industry certifications.
US oilfield equipment and service firm Weatherford dealt another painful blow to the Aberdeen oil industry yesterday by confirming plans to shut down its manufacturing facilities in the city.
Scottish oil and gas firm Cairn Energy said today that its partners’ North Sea Catcher and Kraken fields were expected to “enter their natural decline phase” this year.
The group spearheading efforts to make the Granite City as famous for renewables as it is for oil and gas has teamed up with the European Space Agency (ESA) to explore technology transfer opportunities.
Bosses at Deep Casing Tools (DCT) will use a cash injection of £1.6 million to bring more ground-breaking oil and gas technology to the global market.
Global energy sector leader Jan Egil Brændeland explains the complexities of global energy provision and how oil and gas are far from dead
The International Energy Agency lowered forecasts for global oil demand as renewed lockdowns to contain the pandemic temper the recovery expected this year.
Teekay’s Banff floating production, offloading and storage vessel (FPSO) will be scrapped in Denmark.
Weston Compliance Services, of Aberdeen, has clinched a £50,000 deal to provide its “Compass” software to Energean Israel.
After a truly challenging 2020, hopefully 2021 will offer something to look forward to.
Big businesses have been told to pay small suppliers within 30 days as the Government strengthened the Prompt Payment Code.
Here’s more evidence the clean-tech boom is only getting bigger. Breakthrough Energy Ventures, the clean-tech venture capital fund led by Bill Gates, has raised $1 billion for a second round of investments after backing 45 startups with its first billion.
The Canadian province that invested $1.1 billion of taxpayers’ money in the controversial Keystone XL project is now considering the sale of pipe and materials to try to recoup some funds.
Engineering and consulting giant Wood has struck a £95 million deal to provide a range of services on Spirit Energy’s mature Morecambe Bay gas fields.
Equinor has awarded framework contracts to Altus Intervention and Archer for a range of wireline services on its platforms offshore Norway.
In January 2021, OGUK and Deloitte will launch the latest edition of the UKCS upstream supply chain collaboration review and index. The index is developed from supply chain and operator company feedback and provides an understanding of how effectively industry is working together in what continues to be challenging times for us all.
Total has bought 20% of solar developer Adani Green Energy (AGEL) from Adani Group, India’s leading infrastructure platform.
Global Energy Group has today announced the upcoming appointment of Tim Cornelius in the new role of group chief executive.
Waste management firm Augean expects to record a £3 million impairment in its 2020 results linked to the decline of its North Sea business.
China’s biggest offshore driller is being targeted in the final days of President Donald Trump’s administration for its activity in the South China Sea.