Aberdeen-based Verus Petroleum has announced the latest private-equity-backed swoop for a package of North Sea assets.
Royal Dutch Shell Plc, shedding assets to pay for its takeover of BG Group Plc, is in talks to sell its interest in a Gulf of Mexico oilfield to Focus Oil, according to people familiar with the matter.
At the beginning of this century, the British energy company BP achieved its own American dream, becoming the largest oil and gas producer in the United States after spending a combined $75 billion to buy the oil companies Amoco and ARCO in audacious back-to-back deals.
Russia’s oil and gas companies are living through the best of times, simultaneously enjoying record production and the highest prices ever in the local currency.
September 22nd is ‘World Car Free Day’, when cities around the world temporarily ban cars from the roads in an effort to raise awareness of issues such as carbon emissions and urban pollution.
Fast-growing UK oil firm RockRose Energy has managed to beef up its stake in a North Sea field by another 10%.
Security and emergency response firm Restrata has announced the appointment of its first global head of monitoring and response.
Total bought a French operator of car-charging points, adding to its electricity investments as oil companies prepare for an influx of low-emission cars.
A rig has set sail from Invergordon en route to the huge Buzzard field in the North Sea, where it will drill a number of wells.
Shares in Providence Resources jumped by almost 10% in London this morning after the Irish oil firm beefed up its drilling programme for the Barryroe field.
Hurricane Energy's boss said the company was entering an "exciting time" as it gets ready for first revenues and further drilling next year.
A leading north-east businessman has taken up a new role managing the day-to-day operations of Sullom Voe oil terminal in Shetland.
The huge refurbished dry dock at Kishorn Port (KPL) is the only facility of its kind in the UK ready to accept major North Sea decommissioning projects, the Oil and gas Authority’s (OGA) head of supply chain Bill Cattanach has said.
Jersey Oil and Gas said today that the start of a drilling campaign which includes its "flagship asset" is "imminent".
Bosses at a north-east valve specialist are hoping a change of name can spur it on to further growth after a record year.
A recent surge in final investment decisions (FIDs) on offshore oil and gas projects has set the scene for a healthy increase in offshore investments next year, Rystad Energy analysts said.
Industry experts are being urged by Subsea UK to showcase the most advanced technologies and lead discussions on the current and future subsea challenges at next year’s flagship event, Subsea Expo.
Spanish marine energy developer Magallanes Renovables’ said today that its floating tidal turbine has arrived off Orkney for testing.
STEM initiatives, training and educational events aimed at inspiring the next generation will once again be supported and highlighted by the Offshore Achievement Awards (OAAs).
Another new office building in Aberdeen is the latest sign that economic conditions in the Granite City are picking up.
Energy company Cuadrilla has received the final go-ahead from the Government to frack a second exploration well at a site in Lancashire.
Dutch heavy lift crane vessel firm Heerema Marine Contractors has won the contract to remove the Dunlin Alpha topside in the UK North Sea.
A new survey has today revealed the top reasons why Scots leave the lights on in empty rooms.
Equinor has booked Seadrill's West Hercules rig for two wells in the Barents Sea in spring 2019.
Green Star Energy has shelled out nearly £680,000 to help compensate customers for mis-selling and failing to provide annual statements.