SSE should have Greater Laggan sale wrapped up by March
Energy giant SSE should have the sale of its Greater Laggan Area gas assets wrapped up by March 2020, according to the company’s chief executive.
Oil & Gas
EnQuest sends work party to assess stricken North Sea platform
EnQuest has announced it recently sent a work party to assess the next steps for its stricken Thistle Alpha platform in the North Sea.
‘Unfinished business’ brings North Sea oil boss back to the basin
North Sea oil and gas veteran Graham Stewart said yesterday a sense of “unfinished business” spurred his decision to launch a new, acquisition-hungry player.
Joy for Premier Oil as near-perfect Catcher pays for itself
Premier Oil said today that its investment in the Catcher project had already been covered by production from the field.
North Sea industry putting profits before helicopter safety, new report claims
North Sea oil and gas companies are dodging responsibility for the well-being of offshore workers at the expense of profit, according to a damning new helicopter safety report.
More new oil and gas inventory coming from mergers, not exploration
Increasingly more recoverable barrels of oil and gas around the world are coming from corporate mergers and acquisitions, and not from traditional exploration.
Penspen’s local touch in Abu Dhabi
The Middle East has been a mainstay of Penspen and confirmation of that came earlier this week, with the announcement of a project management consultancy (PMC) award from Abu Dhabi’s ADNOC.
Opening the Gateway to Abu Dhabi
Energy Voice and Granite PR have held their first co-branded Gateway event in Abu Dhabi, with a pre-conference breakfast involving ADNOC, where the importance of innovation and co-operation was high on the menu.
Maersk Drilling wins £30.3m Caribbean contract with Shell
Maersk Drilling has won a £30.3million contract for work in the Caribbean with a subsidiary of energy giant Shell.
Uniper bullish on LNG availability
Uniper is confident that LNG supply will continue to be bountiful in the years to come, providing a secure source of supply for demand around the world, company board member Keith Martin told Energy Voice at ADIPEC.
Future energy leaders programme seeks new applicants
Scottish Enterprise (SE) is seeking applicants for its next Future Industry Leaders Programme for the energy sector.
HSE chairman calls out cyber security ‘complacency’ during oil conference
The chairman of the Health and Safety Executive has called out “complacency” on cyber security within oil and gas and other sectors across the UK.
Former Faroe chief launches new North Sea oil firm, plans to raise £10m
A North Sea oil and gas executive who led Faroe Petroleum before the Aberdeen-based firm fell to a hostile takeover has set up a new company.
Balmoral makes fresh investment in Ace Winches, becomes majority shareholder
Balmoral Group has given Ace Winches a fresh cash injection and become majority shareholder of the Aberdeenshire deck machinery specialist, new documents show.
John Crane Asset Management hires new boss, based in Houston
Energy service firm John Crane Asset Management Solutions (JCAMS) has appointed a new managing director in the US to replace its former Aberdeen-based boss.
Oil falls for a third day after Trump dampens trade-deal optimism
Oil fell for a third day as President Donald Trump failed to provide any fresh details on trade negotiations with China, disappointing investors who had been hoping for some progress toward a limited deal.
Gas field in Tunisia’s ‘Star Wars’ region to start production
Tunisia’s biggest energy project -- a long-delayed, $1.2 billion joint venture with Vienna-based OMV AG -- will start producing natural gas by the end of the year, the country’s industry minister said.
Firm is one step away from capping Oklahoma gas blowout
Oklahoma exploration and production Devon Energy is one step away from capping a blowout at a natural gas well that has prompted authorities to seal off thousands of acres of land near the Eagle Ford Shale towns of Yorktown and Nordheim.
OPEC showing ‘no impetus’ on oil price despite crash forecasts
With their next meeting just weeks away, OPEC and its partners are showing no impetus for stronger action to support oil prices.
Valaris to apply multi-million cost cutting measures
Offshore drilling firm Valaris has announced that it will undertake multi-million cost savings cuts across its business.
UK Supreme Court to hear Halliburton insurance wrangle on $1.1bn Deepwater Horizon payments
A dispute between Halliburton and its insurer over its $1.1bn (£855m) Deepwater Horizon oil spill payments will be presided over by the UK’s highest court today.
Boss Thomas says Ithaca ‘raring to go’ after Chevron acquisition
Ithaca Energy’s boss said yesterday that the enlarged company was “raring to go” after completing the £1.6 billion acquisition of US firm Chevron’s UK North Sea business.
Awilco challenges £7.7m tax bill from HMRC
Rig contractor Awilco Drilling said today that it had appealed against the UK taxman’s decision to slap it with a £7.7 million bill.
UK billionaire pulls insider-trading case against oil exec
An investment firm controlled by British billionaire Michael Spencer reached an 11th-hour settlement with an oil executive and his wife in a case that saw insider-trading accusations fly and the threat of a private prosecution.
Centrica formally launches sale of Spirit Energy – report
Centrica has formally launched the process of selling off its stake in North Sea explorer Spirit Energy, according to a news report.