Prosafe reports loss amid ‘modest’ activity and lower day rates
Offshore accommodation vessel owner Prosafe reported a loss for the start of the year amid “modest” tendering activity.
North Sea
Germany makes formal objection to Shell’s Brent decommissioning plans
The German government has made a formal objection to Shell’s plans to decommission the Brent field in the North Sea.
Supply chain for sale
UK energy service companies have to be able to “walk and chew gum” if the industry’s Vision 2035 scenario is to be achieved, a boss at the Oil and Gas Authority (OGA) says.
Procurement ‘barriers’ stifling tech developments says business leader
Procurement policy “barriers” put up by operators are stifling technology development among SMEs, an oil and gas industry entrepreneur said.
HSE scolds Premier Oil over ‘inadequate’ explosion procedures on Balmoral
The Health and Safety Executive (HSE) has handed Premier Oil an improvement notice on the Balmoral platform.
ICR Integrity buys drone company
Oil and gas services group ICR Integrity of Aberdeen has muscled in on the drone-based inspections market by snapping up Sky-Futures Partners for an undisclosed sum.
Data Repository deals with number of needs
The launch of the UK’s inaugural National Data Repository (NDR) for petroleum-related information saw the unveiling of a key piece of the UK’s digital infrastructure, complementing the existing National Geological Repository for core and samples.
North Sea investment planned by DNO following profit rise
Norwegian oil and gas operator DNO has pledged a multi-million North Sea investment after a slight Q1 profit rise for the firm.
Total ‘weeks away’ from start-up of one of UK’s largest gas fields
Energy giant Total has said it is just weeks away from starting up production at one of the UK’s largest offshore gas fields.
Brexit ‘has not killed appetite to invest’ in UK North Sea, says Equinor boss
Equinor’s UK boss has insisted Brexit “has not killed appetite to invest” in the North Sea.
Equinor aims to give ‘fresh lease of life’ to decommissioned gas giant
Equinor plans to breathe new life into a decommissioned gas field straddling the border between the UK and Norwegian sectors of the North Sea.
North Sea helicopter pilots vote for strike action
North Sea helicopter pilots working for CHC have voted to take strike action following a pay dispute.
Exploro opens base in Aberdeen
A Norwegian geological and geophysical market leader has underlined its commitment to the future exploration of the North Sea by opening an office in Aberdeen to serve its existing and new clients on the UKCS.
Shape of things to come in UK M&A market
Following a period of relatively low deal activity, in 2018 we started to see an uptick in deals – but that has paused slightly since the oil price fall at the end of 2018. Are there more deals to be done, or has oil price volatility cooled off the M&A market? What do the trends and themes seen in some of the latest UKCS M&A deals tell us?
IOG inks Maersk Drilling for North Sea Harvey well
Energy firm Independent Oil and Gas (IOG) has announced it has signed a letter of intent to bring in Maersk Drilling UK on it's Harvey appraisal well project.
Denholm toasts bumper end-of-year profits
Denholm Oilfield Services has announced increased profits for 2018.
Neptune Energy rising to be a force in the North Sea
Just because a prized footballer hasn’t been put on the transfer list, it doesn’t mean a rival club can’t put in a cheeky bid.
Vision 2035 to play crucial role in energy transition, oil chiefs say
UK oil chiefs believe their “vision” for the future can play a crucial role in tackling one of the biggest challenges ever faced – the energy transition.
North Sea oil and gas firms ‘more engaged’ for energy transition, top academic claims
Oil and gas firms based in the North Sea are "better engaged" with the energy transition than their US rivals, according to a top academic.
Our vision, our future
Our industry’s contribution is needed now more than ever.
JFD: Deeply dangerous tasks
Commercial divers operate in some of the most dangerous and extreme conditions of any industry.
Right set of skills required to decommission
As many North Sea oil and gas assets reach the end of their productive lives, decommissioning is increasingly on the C-Suite agenda.
Transaction, transition and integration the key
Recent economic challenges in the upstream sector have created a new wave of opportunity and optimism in the North Sea.
Well drilled to boost production from Ithaca’s Cook field
A new water injection well has been drilled to boost production from Ithaca’s Cook field in the North Sea.
Subsea hub vision goes beyond oil and gas
Plans for a multi-million-pound global underwater engineering “hub” in Aberdeen could see the Granite City become the focal point of UK expertise in renewable energy acquaculture, defence and oil and gas subsea technologies, it emerged yesterday.