Redundant oil worker sets up new record cafe to beat oil bust
A father who is losing his job due to the oil downturn is bouncing back by opening his own record shop and cafe.
A father who is losing his job due to the oil downturn is bouncing back by opening his own record shop and cafe.
JDR has won a deal for the Beatrice windfarm – a project which will produce enough power for 450,000 homes.
Jakob Bo Thomasen has left Maersk after the company confirmed a group split.
There is little doubt that the North Sea oil and gas industry is about to enter an intense period of decommissioning. As exploration off the Aberdeen coast diminishes, it could represent a life-line and future export business for supply chain companies. However, for both operators and government, decommissioning will involve eye-watering levels of investment.
InterOil shareholders waved through ExxonMobil’s takeover at special vote yesterday.
As Iran’s natural resources markets newly open to foreign participation, international oil, gas, and mining companies are considering whether and how to participate. In particular, those in the exploration and production services sectors, especially those experienced in applying advanced technologies to extracting natural resources, are eager to find their way into this new market.
ExxonMobil will pay out $12million to Montana and the US government as part of its oil spill settlement.
The late-2014, Saudi-initiated oil-price war may have taken the 'boom' out of the US shale industry as it seriously threatened OPEC market share, but Saudi victory has been elusive: US shale has proven amazingly resilient. The industry has adapted quickly to the new playing field, and the unsung hero of a new uptick in drilling and investment isn't just true grit—it's sand.
JKX Oil has been forced to make staff cuts in Russia, Ukraine and London as it battles a prolonged sector downturn.
There is still "significant" interest in leveraging what remaisn in mature basins like the North Sea, according to the Norwegian Petroleum Directorate.
Hundreds of Norwegian oil workers have gone on strike, after wage talks broke down.
Shell has made plans to move the bulk of its staff out of its historic Houston base.
The Oil and Gas Authority (OGA) aims to leverage technology to shave 50% off overall industry costs, according to its latest strategy.
“If leaders of the energy industry want to keep a seat at the negotiating table as society changes around us then......we need to engage radically”
ESS Support Services Worldwide (ESS), part of the Compass UK Group, won a three year deal for the Maersk Highlander.
Amec Foster Wheeler has opened a new High Temperature Facility (HtTF) in a bid to "re-establish the UK as a major contributor of advanced generation technology".
Akastor and Mitsui have signed a joint venture to acquire both the Skandi Santos hull from DOF Subsea Rederi AS and the Skandi Santos topside from AKOFS.
Sound Energy has kick-started work on its Badile exploration well site.
Faroe Petroleum said higher "expensed exploration costs" were partly to blame for posting an operating loss of £34.3million for the first half of the year.
Norwegian production averaged 1.9million barrels of oil, NGL and condensate in August – 9.5% decrease month-on-month.
The UK and India’s relationship’s key strength are its energy ties, according to a British Deputy High Commissioner.
Amec Foster Wheeler has won a renewables deal for the Tees Renewable Energy Plant in Teeside, UK.
Andes Energia has appointed Sir Michael Rake as its latest non-executive director.
Santos Energy has appointed Roc Oil’s chief executive as its new chief financial officer (CFO).
Tethys Petroleum has secured more time as it tries to hammer out a private placement deal with Olisol.