Subsea 2017: New oil technology centre getting a headstart on projects
The Oil and Gas Technology Centre (OGTC) already has several projects in the offing, even though it does not officially open until next week, one of its managers said today.
The Oil and Gas Technology Centre (OGTC) already has several projects in the offing, even though it does not officially open until next week, one of its managers said today.
Industry needs to get “bolder and scarier” if it is to unlock the potential of the North Sea’s marginal fields, an industry chief has said.
A North Sea boss said yesterday that he was worried younger generations had lost faith in the energy industry.
The North Sea oil and gas industry needs to work out how to tap marginal fields before decommissioning gets into full swing, two industry chiefs warned.
Hiretech Limited has taken a positive approach to the recent turbulent oil and gas industry conditions, using the opportunities presented to significantly strengthen its position in the offshore pumping rental markets.
Since first gas flowed from the Southern North Sea (SNS) in the mid-1960s, the basin has developed and delivered strong gas production through a diverse network of offshore platforms, pipelines and onshore terminals. It has been well exploited and inevitably, the opportunity to identify and develop large “landmark” discoveries is increasingly limited.
Blaze Manufacturing ended 2016 on a roll with a series of contract wins that ensure a robust start to 2017, despite the harsh times still being endured by the North Sea oil & gas industry.
North Sea industry may find that it is ill-equipped to capitalise on rising oil prices following two years of stripping out costs.
A North Sea chief said today that UK taxpayers would side with industry ahead of green groups on the subject of decommissioning.
Swedish energy firm Lundin Petroleum more than doubled its production and revenues in 2016.
Shell has agreed to sell assets that contributed more than half of the company’s UK North Sea production last year.
Doom-mongers who warned of the North Sea’s demise got their predictions all wrong, an industry boss has said.
An energy giant’s controversial plans to build a line of “super pylons” beside some of the north-east’s most treasured landmarks have been halted.
In this latest Q&A, WeSubsea discusses what it’s like to operate in downturn, where they’re targeting growth and what’s next in line for the firm.
There is much written about the health of workers in the workplace but much less about specific health problems of managers. It is frequently assumed that they will take care of themselves. This is often not the case.
Chrysaor’s deal for a package of Shell’s North Sea assets is a strong vote of confidence for the North Sea, Oil and Gas UK (OGUK) said.
The Government has denied dragging its heels over a pioneering scheme to generate renewable energy from tidal lagoons.
The average price of petrol in the UK has reached £1.20 per litre for the first time since December 2014, Government figures show.
Scotland’s energy minister has said that Chrysaor’s deal for Shell assets proved the country’s oil and gas industry still had a bright future.
Chrysaor’s chief executive said today that the acquisition of £3billion worth of North Sea assets from Shell could be just a start for the company he founded.
The Oil and Gas Authority (OGA) today welcomed Shell's sale of North Sea assets to Chrysaor.
A stake in the Schiehallion field was the surprise inclusion in Shell’s $3.8billion North Sea asset sale to Chrysaor, an oil and gas analyst said today.
Shell will divest two of its Thai subsidiaries to the Kuwait Foreign Petroleum Exploration Company for $900million (£720million).
Shell has agreed to sell a set of UK North Sea assets to Chrysaor for up to $3.8billion (£3billion).
The operator of the Highlands’ largest port has said it expects a drop in revenue following the introduction of a new pricing structure for visiting vessels.