US offshore service firm Helix Energy Solutions Group posted an increase in its third quarter profits thanks to an upturn in North Sea activity.
Maersk Oil today confirmed it had signed a memorandum of understanding to explore business opportunities in Iran, a news report said.
Rosneft’s boss said today the firm would obey the Kremlin if Russia’s leaders agree to freeze oil production, a news report said.
Profits at FMC Technologies, which is set to merge with Technip, dropped 65% in the third quarter due to “lower activity across all reporting segments”.
Aberdeen-based asset manager Arnlea Systems has won a deal to carry out inspection services for an African-focused oil and gas operator.
US valve maker Circor International has bought a petroleum refinery maintenance company for $210million.
Two Dutch companies have joined forces to help wind farm developers defuse problems with unexploded bombs.
A Highland oil terminal employing 40 people faces an uncertain future after the offshore pipeline that supplied it for 35 years was turned off for good.
A North Sea oil and gas firm has helped lay the building blocks for a new Lego club.
Oil-field technology inventor Dan Purkis won a prize for innovative thinking at the 2016 World Oil Awards in Houston this week.
A newcomer to the UK North Sea has confirmed the support of its Dutch parent company after writing off £11million from the value of its oil and gas assets, citing low crude prices.
MPs on the soon-to-be-disbanded energy and climate change committee have urged their successors to keep making the case for carbon capture and storage.
Subsidies to reduce the risk of blackouts must focus on innovative schemes for energy storage and cutting demand rather than “dirty diesel”, MPs have urged.
The number of rigs operating in the US went up again this week as the Baker Hughes rig count continued its hot streak.
Denvir-headquartered Sentinel Peak Resources has agreed to buy Californian assets from a US rival for up to $742million.
One worker was killed and five were injured in an explosion at an underground tank storage site in Korea, a news report said.
Production resumed today from the giant, $50billion Kashagan oil and gas field in the Caspian Sea, Kazakhstan’s energy ministry said in a statement.
Blaze Manufacturing Solutions won a prize for its groundbreaking fire safety protection system in London last night.
Another hurdle has been cleared in the mission to send the Transocean Winner on its way to Turkey for scrapping.
A shift to highly efficient LED light bulbs in homes could cut winter peak energy demand and curb fears about blackouts, campaigners have suggested.
EnQuest’s boss hailed the firm as the “future of the North Sea” yesterday after revealing financial restructuring plans that include a share placing worth £82million.
A Romanian engineer who was kidnapped in Nigeria on Monday has been freed.
French geophysical firm CGG has terminated a contract for Eidesvik's Viking Vision seismic vessel early.
The Scottish Government has decided it will not call in an application for a £120 million incinerator.
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