Oil pioneer Algy Cluff said the North Sea is on the cusp of a renaissance after heralding his company’s plans to divert more of its resources to the area. Mr Cluff said Cluff Natural Resources had already made rapid progress in developing its five conventional oil and gas licences in the southern North Sea, aided by a collaborative agreement with energy service giant Halliburton.
The owners of the accommodation rig stuck in the North Sea after breaking its tow line in a storm remain unable to get it moving for another day after bad weather continues to prevent any attempt to get a new line aboard.
Canadian Natural Resources' Petrojarl Banff FPSO has shutdown production after the installation was battered by a storm in the North Sea.
Geir Tuft was recently revealed as the chief executive of Ineos Breagh, which manages the North Sea assets the chemicals giant acquired last year.
Austen Russell said MSP Dennis Robertson’s comments about the current state of the North Sea oil and gas industry felt like a “kick in the teeth”. The 38-year-old has been tirelessly looking for work every day since he was made redundant from his job with a pipe lay company last October where he worked as a technical supervisor. He had his first break in the industry 18 years ago when he started out as a well test trainee.
Billionaire industrialist Jim Ratcliffe has pledged to drive out the inefficiency of his new North Sea assets - and has set up a new subsidiary to hunt for even more opportunities.
Norwegian firm Prosafe will attempt to get a tow line aboard the accommodation rig Safe Bristolia later today, if improved weather conditions hold.
Bad weather continues to hamper attempts to get a tow line attached to the Safe Bristolia accommodation rig which came adrift in the North Sea on Sunday.
Prosafe, the owners of the Safe Bristolia accommodation rig which came adrift in the North Sea, will attempt to get a tow line aboard later today.
Statoil has been asked by the Norwegian Government to conduct new studies on carbon storage on the Norwegian continental shelf.
BP said production has restarted on its Valhall platform after it was evacuated due to a collision threat from a drifting barge.
A floating accommodation vessel is adrift in the North Sea after breaking its towline in bad weather.
Statoil’s decision to delay its Mariner contract with Prosafe has seen the final contract total increase by $55million.
The barge which today caused mayhem on the North Sea has been brought back under control, vessel owners Eide Marine said. BP and ConocoPhillips were forced to shut down production and evacuate platforms in the central North Sea after the barge broke away from its moorings in stormy weather, posing a threat to the installations.
The drifting barge which forced BP to evacuate its Valhall Platform in the North Sea has missed the installation, Norwegian rescue authorities were cited as saying. A spokesman for BP said it was taking steps to restart production on the facility, a process which usually takes 24 hours. The company had been in the process of taking evacuees to nearby platforms as a precaution, and a tug boat was trying to bring the barge under control.
Aker Solutions has confirmed the oil worker killed when a freak wave hit the COSL Innovator drilling rig worked the Norwegian oil services firm.
The Oil and Gas Authority (OGA) has granted Independent Oil and Gas (IOG) a round of extensions for the the firm's Southern North Sea portfolio.
ConocoPhillips has shut down output at its Eldfisk and Embla fields in the North Sea and is evacuating staff from its Eldfisk platform due to the threat of a drifting barge hitting its installations.
Lundin has made a small gas discovery about 85km north eas of Berlevag in the Barents Sea.
BP's Valhall platform in the North Sea is being evacuated by helicopter after a barge broke its anchor and was drifting towards the installation following a storm.
The boss of the drilling company that owns the rig on which an offshore worker died ,after it was struck by a freak wave, said the incident was his "worst nightmare".
Marathon's Brae Alpha platform remains out of operation while investigations continue into the cause of a gas leak on board the installation.
Statoil is investigating a chemical leak at its subsea Gullfaks project.
Oil firm Total has been fined £1,125,000 for breaching offshore regulations which led to a major gas leak on one of its North Sea installations.
Falling oil prices took a large bite out of profits and turnover at Global Energy Group during the year to March 31, the energy service firm said yesterday.