Kishorn Port gets £1million upgrade in bid to host major North Sea projects
A Scottish dry dock which is seeking to host major North Sea decommissioning and renewables projects has received a £1million upgrade.
North Sea
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.
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.
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.
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.
National Galleries of Scotland cuts ties with BP
The National Galleries of Scotland has severed Portrait Award funding ties with BP over the "climate emergency".
North Sea pipeline owner Kellas sold to Blackrock, GIC
Private-equity firm Antin Infrastructure Partners has agreed to sell North Sea pipeline and terminal owner Kellas Midstream, headquartered in Aberdeen.
Updated: Delek’s Ithaca completes Chevron North Sea deal
Israeli firm Delek Group's Aberdeen-based subsidiary, Ithaca Energy, has completed the acquisition of Chevron’s UK North Sea business.
Major Apache deal brings work to Baker Hughes in Aberdeen, Montrose
An oilfield equipment deal between two US firms will bring millions of pounds worth of work to the north-east.
‘Outcry’ as Wood plans to slash sickness pay for workers on CNOOC platforms
A North Sea union has condemned Wood over plans to cut sickness pay by more than 75% for its workers on CNOOC platforms.
Industry champions celebrated at Oil and Gas UK Awards
Champions of the offshore industry were honoured in style at the annual Oil and Gas UK Awards last night.
Taqa Europe focusing ‘relentlessly’ on safety, third-quarter profits drop
Taqa’s European boss has insisted the company is “relentlessly” focused on safe and reliable operations despite a crew member sustaining a minor injury on a North Sea platform last month.
i3 starts drilling new pilot well on North Sea field
North Sea explorer i3 Energy has started drilling a new pilot well at its Liberator field in the outer Moray Firth.
Energy giant Wartsila UK sees steady rise in profit
A global energy giant with bases in Montrose, Aberdeen and Glasgow has seen turnover increase by 5.5%.
Siccar Point reaches another milestone ahead of Cambo FID
Siccar Point Energy has reached another checkpoint en route to a final investment decision (FID) for its 900 million barrel Cambo project off Shetland.
Costain wins contracts worth £4m
Infrastructure firm Costain's Aberdeen team will work on contracts worth £4 million for a range of projects, including North Sea oil and gas, nuclear and carbon capture.
CNOOC boss says ‘gung-ho’ days of North Sea are over in need to focus on mental health
The UK boss of CNOOC International has said the “Gung-Ho” days of the North Sea are finished amid a need to focus on mental health.
‘First time in my North Sea history’ industry aligns on common leadership principles – OGUK boss
A North Sea boss has hailed new leadership measures to prevent major hazards offshore as being the “first time” in her career the industry has aligned in such a way.
EnQuest platform evacuation shows need for ‘vigilance’, warns HSE chairman
The chairman of the Health and safety Executive (HSE) has warned the North Sea needs to be “constantly vigilant” after a platform was evacuated over structural concerns.