Shell lifts dividend and starts $2bn share buyback programme
Shell hoisted its dividend and kicked off a $2 billion share buyback programme today, emboldened by a return to the black in the first half of 2021.
Fast finish doesn’t bode well for Equinor-BP Tiger Lily exploration well
Westwood Global Energy reports that as of June 28 there were two appraisal wells active in the UK. Completions to date in 2021 are one appraisal well at 22/26d-3 Glengorm South and two exploration wells at 22/6c-B4Z Bacchus South and 16/2a-6 Tiger Lily.
Norway records seven commercial discoveries in year to date
Westwood Global Energy reports that there were two exploration and one appraisal wells active as of July 28. Key wells in July include frontier play tests at Stovegolvet and Stangnestind, both of which completed. A total of 17 exploration wells have completed to date in 2021, from which seven commercial discoveries have been made giving a 41% commercial success rate to date.
Updated: New North Sea firm co-founded by industry stalwart clinches maiden acquisition
North Sea stalwart Neill Carson is celebrating a maiden acquisition at Quattro Energy – the fourth oil and gas vehicle he has co-founded.
Hammer blow: 100 facing redundancy with Baker Hughes poised to close Aberdeen base
More than 100 workers are facing redundancy as US energy service firm Baker Hughes looks poised to close one of its Aberdeen sites.
Subsea 7 to bolster onshore workforce as tendering and engineering work ramps up
Subsea 7 has predicted "increased profitability" in the second half of 2021 and says a ramp-up in tendering activity has strengthened its long-term outlook.
Forth Ports plots green port bid for Edinburgh, Grangemouth and Rosyth
Forth Ports, owner of seven ports on the east coast of Scotland, will submit a “green port” bid to the Scottish Government.
Study an energy related Master’s degree at Robert Gordon University
Robert Gordon University (RGU) has been teaching energy courses for 50 years, with the first energy course delivered in 1971, when RGU was still Robert Gordon’s Institute of Technology (RGIT).
ScotWind will prove beauty is more than skin deep
Following the ScotWind leasing round closing on Friday 16 July, there is now great anticipation to see which applications to build Scotland’s next generation of offshore wind farms are successful.
New green partnership boosts heat recovery from geothermal wells
A leading international energy consultancy, service and software provider has launched a new division which applies knowledge from the oil and gas sector to carbon reduction initiatives.
Shareholders get behind EnQuest’s Golden Eagle swoop
Investors have resoundingly backed EnQuest’s plans to buy into the Golden Eagle area of the UK North Sea.
Riding on wave of confidence, Longboat targets more acquisitions
Bosses at Longboat Energy say they will harness the higher levels of interest being shown in the business to clinch more acquisitions.
Carbon capture keypart of our integrated energy
If you take all the different energy industries, solutions and technologies laid out like a jigsaw it would create a colourful picture of where Scotland is today, with each key element playing an important part in our net-zero future.
The Law School at RGU: Courses designed to fit your needs
Whether you have recently graduated, want professional accreditation, are looking to retrain or further develop your career, The Law School at Robert Gordon University (RGU) offers a wide range of courses with flexible study modes including: full-time, part-time and online options to fit around your needs.
Ardersier Port sold to new owners with decommissioning and green energy plans
The former McDermott fabrication yard at Ardersier is under new ownership, it was announced last night.
CCS mess, BP’s billions and Cambo – where’s the love?
Chevron’s admission that the CCS leg of its Gorgon LNG project in Australia has been a bit lame could result in fines for the US major. We ask: Should the UK, with its aspirations for carbon capture, be taking careful note, or forging ahead confidently?
Major £10m project aims to unlock untapped potential of ocean renewable energy fuels
An innovative £10m research project will investigate the potential of harnessing offshore wind and marine renewable energy to produce zero carbon hydrogen and ammonia fuels.
Centrica ‘simplifying’ Spirit Energy sales process
Utilities firm Centrica said today that it was simplifying the sales process for its upstream exploration and production (E&P) business, Spirit Energy.
£500k grant to support 10 Scottish jobs at Norwegian software firm Aize
A £513,000 grant from Scottish Enterprise will help Norwegian industrial software company Aize create 10 new jobs in Scotland.
Public told to ‘flood minister with emails’ over St Fittick’s Park plans
Campaigners have been urged to “flood” the Scottish Government with emails over plans to build an energy transition zone on green space in Torry.
Updated: North Sea caterers advised to reject ‘insulting’ pay offer
Thousands of North Sea caterers are voting on a pay offer which union bosses have described as an “insult”.
Hurricane Energy shares rise as Crystal Amber holding goes above 25%
Shares in Hurricane Energy climbed this morning after activist fund Crystal Amber hoisted its holding in the troubled oil firm above 25%.
Fugro wins seven-figure deal with Neptune for subsea inspections at Cygnus
Neptune Energy has handed a subsea inspection contract for its Cygnus gas field in the UK southern North Sea to Dutch geo-data firm Fugro.
BHP considers exit from oil and gas business
BHP Group is considering getting out of oil and gas in a multibillion-dollar exit that would accelerate its retreat from fossil fuels, according to people familiar with the matter.
Blow for Harbour Energy as Tolmount project hit by delay
Harbour Energy has warned that first gas from the Tolmount field in the UK southern North Sea will be delayed after equipment glitches were uncovered.