NSTA preparing new decommissioning cost reduction aims with current goal expiring soon
The industry regulator is in the process of drawing up a new decommissioning bill reduction target for North Sea operators.
North Sea
Workers on several North Sea platforms stage wildcat walkout in ‘wage revolution’
There was widespread disruption on several North Sea platforms on Wednesday after crew members staged unplanned walkouts.
North Sea windfall tax plans voted down in Commons
Plans to impose a windfall tax on North Sea oil and gas firms have been voted down in the House of Commons, despite garnering support from both sides of the political aisle.
North-east oil industry needs to enhance ‘narrative’ or risk a ‘brain drain’
Oil and gas companies in the north-east have been challenged to alter the narrative around the industry in order to dissuade talent from relocating.
Gallery: CNR International and Petrofac emerge as big winners at Decom North Sea Awards
The best and brightest in the industry were celebrated at the Decom North Sea Awards last night.
Report warns up to 17,000 north-east jobs at risk without energy transition cash
A new report from Robert Gordon University (RGU) suggests £17 billion of investment could secure the north-east’s position as a leading global energy hub, but a lack of ambition may lead to significant job losses.
WATCH: Allseas releases new video of Ninian Northern jacket lift
Offshore contractor Allseas has released new footage showing the removal of the Ninian Northern jacket by its Pioneering Spirit vessel.
STATS Group eyes international growth after ‘excellent’ 2021
Pipeline specialist STATS Group plans to boost its international footprint following an “excellent” 2021.
Offshore rig day rates heading for highest level in ‘almost a decade’
The offshore drilling rig market is “much tighter” than previously thought, according to new analysis, with some segments “nearly sold-out”.
Oil protestors flooded Kwasi Kwarteng with 20,000 emails to block Cambo
The Tory energy secretary was dealing with 100 campaign messages a day as climate activists fought to block the controversial Cambo oil field expansion off Shetland.
Businesses blast ‘economically illiterate’ North Sea windfall tax ahead of vote
A windfall tax on North Sea oil and gas firms would be “economically illiterate” and could “perversely” drive up the domestic costs of energy, MPs have been told ahead of a key vote today.
Kintore subsea firm to expand following more than £1m in contract wins
Subsea controls specialist J+S Subsea has reported an “excellent start” to the year, as new contracts worth more than £1 million prompt a recruitment drive.
Images: Pod of orcas spotted near Stena Don drilling rig off Scotland
Stunning photos have been shared online of a pod of orcas passing by an offshore drilling rig off Orkney.
Kwarteng to classify natural gas as ‘green’ investment to support North Sea
Natural gas is to be classified as a “green” investment under proposals from business secretary Kwasi Kwarteng, according to a report.
UK North Sea sees chance for political reprieve in energy crisis
Six months ago, UK North Sea oil and gas faced the bleakest outlook in its 50-year history.
Approval of Shell Jackdaw field in North Sea ‘imminent’, report claims
Approval of the Shell Jackdaw gas field in the North Sea is now “imminent”, according to a newspaper report.
The Not-So-Dirty Dozen: Key North Sea hubs still producing in 2032
There are several hubs around the North Sea which will still be producing in a decade’s time – but 12 of these will be “key” thanks to their production upsides and emissions intensity, according to new research.
Shell and Siemens Energy deliver ‘uncomfortable truths’ on natural gas at All-Energy
Industry leaders delivered what they termed “uncomfortable truths” on the use of natural gas in the UK at a major renewables and low-carbon industry event this week.
Impact of Noble, Maersk Drilling merger to hit North Sea ‘especially hard’, analyst predicts
Choppy waters could be ahead for the North Sea drilling sector with the number of rigs potentially poised to decrease.
NSTA moots new North Sea exploration target in revised five-year strategy
The North Sea Transition Authority’s (NSTA) latest strategy update suggests it plans to continue holding licence rounds in accordance with the government’s climate compatibility checkpoint.
Hurricane Energy CEO banked £415k in 2021
The chief executive of Hurricane Energy took home more than £400,000 during a year of “profound change” for the beleaguered firm.
EnQuest accountancy boss makes jump to Reabold Resources
London-listed Reabold Resources (LON: RBD) has announced the appointment of a new chief financial officer.
Petrodec takes over North Sea platform from Perenco ahead of decom
Petrodec has taken over operatorship of a North Sea platform from Perenco as decommissioning gets underway.
Oil and gas ‘muscle memory’ will give Scotland edge in hydrogen, says Matheson
Scotland’s net zero secretary said the country's oil and gas expertise and close links with Europe would open new hydrogen export opportunities, but stressed it must also bring local investment.
BP boss says UK windfall tax would challenge energy investment
A windfall tax could crimp investment in the UK’s energy system, said the chief executive of BP.