Report gives thumbs up to unmanned wellhead platforms
Unmanned wellhead platforms have been given a vote of confidence by the The Norwegian Petroleum Directorate (NPD) as an alternative development concept to subsea developments.
Unmanned wellhead platforms have been given a vote of confidence by the The Norwegian Petroleum Directorate (NPD) as an alternative development concept to subsea developments.
The prolonged slump in oil price has pushed investment in development of the UK North Sea significantly lower, threatening the viability of the industry.
A federal judge in New Orleans has granted final approval to an estimated $20 billion (£14billion) settlement over the 2010 BP oil spill in the Gulf of Mexico.
Schoeller Bleckmann Oilfield Equipment has taken a 68% controlling interest in US firm Downhole Technology for $103 million.
Marathon Oil has been producing oil and natural gas in the United Kingdom for more than 30 years.
The subsea sector is entering a third stage of development, with increased automation, digitalisation and smart technology playing a far bigger role, according to a new report published by DNV GL.
PetroNeft, the Russian-focused Irish oil producer, has confirmed it issued restriction notices on the activist investor planning to oust several directors of the firm.
NextEnergy Solar Fund has bought five solar plants for £98million.
Sound Energy has received a $1.1 million cash boost from Ophir Energy after Ophir hit operational targets on the Bangkanai licence previously owned by Sound.
An Aberdeen technology firm has taken inspiration from guided missile military technology to create a new well intervention system that could radically alter the way the industry operates, whilst saving companies millions of pounds.
Green campaigners have welcomed plans for a £500 million boost to Scotland’s tidal power industry.
Country leaders, government officials and ministers in some of the world's key energy markets are among those identified in the Panama Papers leak, which reveals the secrets of how the super rich use offshore accounts to channel billions of dollars.
The Oil and Gas Authority has begun the release of data from the 2015 Government-funded seismic shoot off the UK coast.
Erin Energy has obtained a waiver from Zenith back on the terms of its loan facility.
Prime Minister David Cameron must take “real action” to crack down on offshore tax havens, opposition figures have demanded after a massive data leak exposed the scale of efforts by the rich and powerful to hide assets.
Bibby Offshore has secured a multimillion pound decommissioning contract for an unnamed North Sea operator east of Shetland.
Fugro has completed offshore works undertaken in preparation for full construction of the European Offshore Wind Deployment Centre (EOWDC) at Aberdeen Bay.
Tidal power player Atlantis has entered into a partnership agreement with Equitix, the investor and fund manager of infrastructure assets with over £1.7 billion of funds under management.
The boardroom battle between PetroNeft and activist investor Natlata Partners continues, with the Irish-registered company issuing a restriction notice preventing Natlata attending its EGM in Dublin later this month.
Caza Oil and Gas has announced plans to go private and delist from the stock market.
Shell have pumped an extra EUR50million into its Irish operation as the EUR3.6billion Corrib Gas field begins to generate revenue.
The man nominated to be Iraq's new oil minister is a Kurdish petroleum geologist who could end a bitter dispute with the northern self-rule region and free up more oil exports through a pipeline to Turkey.
Vitol and Seplat Petroleum are among nine companies bidding to construct new oil refineries in Nigeria as Africa’s top crude producer seeks to boost output of refined fuel and end its dependence on imports, an official said.
China has imposed anti-dumping duties on “under-priced” steel from the European Union, Japan and South Korea.
Malaysia has opened up its territorial waters in a bid to stimulate offshore E&P investment activity.