The ambition of the wave and tidal industry is not being matched by the UK Government, a former Scottish secretary has warned.
Marathon Oil's financial performance improved dramatically in the third quarter of 2018 as the Houston-headquartered firm posted double-digit production growth.
Subsea 7 said today that said tendering activity and contract awards showed the oil and gas market was on the up in the third quarter of 2018.
Digitalisation can help realise significant benefits for oil and gas, particularly if lessons can be learned from the experiences of other sectors including retail and automotive.
Digital age, artificial intelligence and machine learning are topics that have been discussed at length by the oil and gas industry.
With UK decommissioning expenditure estimated at £55.7 billion, it’s no surprise that this offers a significant opportunity for many companies. From a well abandonment perspective alone, activity is set to increase from £1.2bn in 2016 to an expected £1.5–2bn per year through to 2025, according to Oil and Gas UK (OGUK).
Dana Petroleum said today that it is rectifying an issue flagged by health and safety watchdogs on the Triton FPSO.
Crude’s poised for the longest losing streak since 2014 as concerns of a supply crunch eased on a forecast for rising U.S. production and waivers for eight countries allowing temporary import of Iranian oil.
Armed with waivers to keep importing Iranian oil without running afoul of U.S. sanctions, some of the Islamic Republic’s top customers are preparing to buy.
The £20 million nuclear archive in Caithness has won a national architecture prize.
A fault which left a helicopter stuck on a North Sea platform was "isolated" to that particular aircraft, manufacturer Sikorsky has said.
Australian energy service firm WorleyParsons has clinched two contracts to provide services for ConocoPhillips in the UK North Sea.
Jobs in energy-intensive industries like the oil and gas sector will disappear from the UK unless technologies such as carbon capture and storage are taken forward, a leading expert has warned.
New work for major oil and gas operators, drilling companies, floating production storage and offloading operators and power generation plants has reeled in £1.1 million for Add Energy in Aberdeen.
A prominent Labour MP has accused the UK Government of marching carbon capture and storage backers “up to the top of the hill” only to march them “back down again” in the past.
For the uninitiated, there may not be any obvious connections between North Sea decommissioning and Crossfit – a high-intensity fitness programme – however Oil and Gas UK’s (OGUK’s) new decommissioning manager sees things differently.
Aberdeen’s new exhibition centre will open next summer and could put the city on the map as a “cultural destination”.
Buoyancy systems, laser cutting tools and thermite plugs all feature in a combined effort by industry and academia to turn the north-east into the world’s leading provider of decommissioning technology.
The team at Wellesley Petroleum can see a crossroads up ahead.
Decommissioning is now a significant part of the landscape of activity in the UKCS – annual decommissioning expenditure has topped £1 billion since 2015 and may come close to £2bn when Oil and Gas UK reports its estimate for 2018 later this month.
Demand for decommissioning services in Aberdeen Harbour have been steadily growing for several years now – but in 2018 the port has been a hive of decom activity. Nearly 2,000 tonnes of material has crossed the quayside from high-profile projects, such as the Maersk Leadon and Janice, and Shell’s Brent Alpha projects. The Harbour has also accommodated materials inbound from Nexen’s Plug and Abandonment Programme.
As global economies transition away from fossil fuels towards more sustainable energy sources, the shutting down of oil and gas operations presents a huge decommissioning challenge.
Is decommissioning and the demise of oil and gas being heralded prematurely within the UKCS, with prospects recently announced onshore near Gatwick and west of Shetland through BP and Total? Fracking in Lancashire has been given the go ahead and it won’t be long before we see this in the central belt of Scotland, utilising Grangemouth and extending its life even further.
Around 3.7 million people in the UK have been diagnosed with diabetes, a figure that has more than doubled in the last 20 years. That’s not accounting for the additional estimate of almost one million people believed to be unknowingly living with the condition because they have not yet been diagnosed.
The transformation of Union Terrace Gardens, a giant statue of a bull for the side of the AWPR and a New York-style “Highline” have all been mooted as ways to reinvent the region.