Iran oil waivers: How buyers are lining up after US exemptions
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.
Nuclear archive building wins architecture award
The £20 million nuclear archive in Caithness has won a national architecture prize.
Sikorsky says technical issue with S92 on North Sea platform ‘isolated’
A fault which left a helicopter stuck on a North Sea platform was "isolated" to that particular aircraft, manufacturer Sikorsky has said.
WorleyParsons wins two deals with Conoco in UK North Sea
Australian energy service firm WorleyParsons has clinched two contracts to provide services for ConocoPhillips in the UK North Sea.
Oil and gas must embrace carbon capture, MPs warned
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.
Consultancy Add Energy reels in £1.1m in new contracts
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.
CCS backers ‘marched to top of the hill and back down’
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.
A fit new approach to decommissioning
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.
New AECC to open in ‘summer 2019’
Aberdeen’s new exhibition centre will open next summer and could put the city on the map as a “cultural destination”.
New decommissioning centre to move needle on costs, tech deployment
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.
Explorer Wellesley Petroleum in shift to operator
The team at Wellesley Petroleum can see a crossroads up ahead.
CMS: New models for old oil platforms?
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.
Aberdeen harbour: In demand for decommissioning
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.
Benchmarking and beyond with Achilles
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.
Decommissioning: It’s not over until it’s over
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.
Iqarus: Understanding the economic impact of a diabetes diagnosis
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.
Forum discusses how to put city on the map
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.
Ashtead signs ROV equipment pact with Oceaneering
Subsea equipment firm Ashtead Technology has signed a global lease pact with a subsidiary of Oceaneering.
Vice-principal leaves after boss quits RGU
A vice-principal of Robert Gordon University in Aberdeen has left his position – just weeks after the controversial departure of the institution’s high-profile boss.
Oil and gas orders up 10% at Weir Group
Scottish engineering firm Weir Group reported a 10% increase in orders for its oil and gas division in the third quarter.
Significant growth for AAB’s global payroll team
Anderson Anderson & Brown LLP (AAB), one of the UK’s leading independent firms of Chartered Accountants & Business Advisors, has announced significant growth within its global payroll team as a result of a number of new client wins. These new wins have seen a 50% increase in turnover, for that service, to £2.25million during the last year. As a result of this demand, the firm has added to their global payroll team, which is now some 20 people strong, through a number of key appointments including Katie Lange and Simon Porter, who each have extensive global payroll experience.
Oil could touch $100 if supply crunch worsens, Citi’s Morse says
Oil prices are likely to be “biased to the upside” for the rest of the year as demand from refineries rises in November and December, according to Citigroup Inc.
Exxon boss says size doesn’t matter in M&A
The world’s biggest public energy company doesn’t worry about size when it comes to potential deal-making.
Oil trades near 7-month low as US waivers ease shortage fears
Oil held near the lowest level in seven months as concerns over a supply crunch eased after the U.S. granted waivers to eight governments to continue buying some Iranian crude.
Energy price cap to come into force on January 1
Britain's energy price cap to protect 11 million households on rip-off gas and electricity tariffs will come into force on January 1, saving consumers up to £120 each.