Profits at Bumi Armada jumped last year thanks to a strong showing from its Armada Kraken FPSO in the North Sea.
Police Scotland has been offered use of an idle oil rig in order to train against a recent wave of protests in the North Sea.
Utilities firm Centrica confirmed today that its "intention remains" to sell its 69% shareholding in exploration from production firm Spirit Energy.
EnQuest has agreed to farm-down an 85% stake in its Eagle discovery in the North Sea to Anasuria Hibiscus for a “nominal” $1 fee.
Bosses at Apache Corporation hailed the firm’s response to the Covid pandemic and price crash despite pre-tax losses widening to £3.4 billion in 2020 from £2.1bn the previous year.
Westwood Global Energy reports that as of February 24 there was one exploration well and one appraisal well active in the UK, with no change since the end of December.
NEO Energy plans to continue its growth spurt after announcing a billion-dollar deal to acquire ExxonMobil assets in the North Sea.
The UK Government has given fresh commitments that the planned North Sea transition deal will be delivered by the end of next month.
Collaboration in the North Sea “has gone backwards” as companies squeeze suppliers in an effort to control costs.
ExxonMobil has agreed to sell a package of UK northern and central North Sea assets to NEO Energy in a deal worth more than $1billion (£707.3m).
BP chief executive Bernard Looney said today that he wants the company's oil business to be “the best, not the biggest”.
STATS Group’s expertise in isolation projects, extending asset life and the decommissioning of pipeline infrastructure, was on show this week at a Virtual Tech Showcase hosted by Energy Voice.
Virtual Tech Showcase: Removal of help for oilfield services exports may not hamper growth, analyst predicts
Plans to remove support for oilfield technology and services exports wont necessarily inhibit supply chain growth, according to an industry expert.
Equinor and the Helideck Certification Agency (HCA) have completed the first virtual offshore helideck inspection - a first on the UKCS and in the company.
A rallying cry for improved digital collaboration was issued to North Sea oil and gas firms during the opening session of Energy Voice’s Virtual Tech Showcase.
Profits dropped more than 70% for engineering services giant Worley during the first half of its 2021 financial year.
London-listed Premier Oil’s reverse takeover by Chrysaor is on track to complete on March 31.
London and Toronto-listed i3 Energy said today it expects to declare its maiden dividend during the current quarter.
Integrated subsea technology and services firm Ashtead Technology has launched a recruitment drive after completing the £1 million development of a new research and development and engineering facility in Aberdeenshire.
Ithaca Energy is reducing the number of crew on one of its North Sea installations after a Covid-19 outbreak.
Malaysian operator Hibiscus Petroleum and Ithaca Energy expect to decide whether they can jointly develop a pair of North Sea fields by the end of this week.
Australian energy service firm Worley said today it was helping Allseas to decommission two of Spirit Energy’s east Irish Sea platforms.
Oil major Total has handed risk management company DNV GL a three-year deal for the provision of a range of services across its UK North Sea portfolio.
Malaysian IT and energy sector service provider Dagang Nexchange (DNeX) has reached a deal to take its shareholding in North Sea minnow Ping Petroleum to 90%.
London-listed upstream investor Reabold Resources has agreed to loan North Sea oil firm Corallian Energy £1 million, subject to shareholder approvals.