Sparrows strikes up alliance with Malaysian firm
Aberdeen crane engineering firm Sparrows Group will expand its operations in the Asia Pacific market after teaming up with a Malaysian firm.
Aberdeen crane engineering firm Sparrows Group will expand its operations in the Asia Pacific market after teaming up with a Malaysian firm.
The boss at Jersey Oil and Gas (LON: JOG) yesterday said he was confident of finding investors willing to support the firm’s North Sea acquisition strategy.
Scotland’s energy minister said today that the country’s hydro power sector was “at a crossroads” due to UK Government subsidy cuts.
The Egyptian Government intends to cut off fuel subsidies in the next three years to free up more of its budget, which shrank following the 2011 uprising, a news report said.
Thai firm PTT Exploration and Production (PTTEP) has knocked $300million off its capital expenditure budget to offset the impact of lower oil prices, a news report said.
Norwegian energy service firm AGR has appointed Steve Combe to manage its manpower consultancy unit in Aberdeen.
Australian exploration firm FAR has intervened in ConocoPhillips’ plans to sell its 35% stake in an oil play off Senegal to Woodside Petroleum for up to $430million.
The rig which ran aground on Lewis two weeks ago is on its 54-mile journey to the other side of the island - but at a slower rate than anticipated.
An industry chief has said there is no rush for companies to jump headlong into North Sea decommissioning.
China has become the North Sea’s biggest operator, unperturbed by low oil prices, a news report said today.
Singapore's BW Group has signed a deal to supply a floating storage and regasification unit (FSRU) to Pakistan’s second liquefied natural gas import terminal.
ExxonMobil is looking to agree sales contracts for spot cargoes to soak up excess production from its liquefied natural gas project in Papua New Guinea, a news report said.
A 17,000-tonne oil rig that ran aground in the Outer Hebrides has been safely towed off the rocks by two tug boats.
Norwegian energy giant Statoil has bought a 70% stake in a UK North Sea licence for $2million.
Oil and gas explorer Serica said today that the Erskine field was not yet ready to resume full-production due to on-going work on Shell’s Lomond platform.
It is estimated that there are around 201 small pools containing more than 1 billion barrel of oil equivalent in the North Sea. These pools may be marginal, but they have the capacity to stimulate the much-needed economic recovery of the UKCS.
Allseas’ giant decommissioning vessel the Pioneering Spirit yesterday completed its maiden heavy lift project.
The industry body for North Sea decommissioning will today launch a new online toolkit with “limitless potential” for improving collaboration in the sector.
The Scottish Government should use the UK Brexit negotiations to boost Scotland’s presence around the world rather than a platform for another independence referendum, according to Ruth Davidson.
Africa-focused Tlou Energy said today it had renewed an agreement with its project partners for the delivery of a gas-to-power solution for Botswana.
Aberdeen-based Helix Well Ops recently completed an offshore well intervention project from a class-light vessel using riser-based coil tubing.
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The Saudi cabinet has reportedly agreed to enter its ministers into talks over energy cooperation agreements with China and Japan.
Korea National Oil Corp (Knoc) has decided to cut its losses and exit the Sangaw South project in Kurdistan.
Drilling companies in the US added oil rigs for the eighth week in a row as crude prices touched $50.