Aberdeen oil boss bribery case ‘straddled lockdown like no other’ says SFO chief
The head of the Serious Fraud Office (SFO) has said a case that saw the conviction of an Aberdeen oil man for bribery “straddled the lockdown period like no other”.
Oil & Gas
Union boss suggests ‘job sharing’ for North Sea workers as Chancellor unveils new scheme
A trade union boss has suggested creating a “job share” scheme to help safeguard North Sea oil industry workers’ positions until offshore activity ramps up next year.
Saudi calls for UN to tackle Yemeni tanker problem
Saudi Arabia has written to the United Nations Security Council warning of an “oil spot” has been detected offshore Yemen.
CNOOC seeks buyers for Scott platform in UK North Sea: Report
CNOOC is looking for buyers for its Scott platform and associated oilfields in the UK North Sea, according to Reuters.
RGU spinout Safe Influx entices Weatherford with oil well technology
A spinout from Robert Gordon University (RGU) has caught the eye of US oilfield service giant Weatherford with its blowout prevention technology.
Seplat swings into action over water well problems
Seplat Petroleum has investigated reports of hydrocarbons in some Delta State water wells and is providing assistance to locals.
CGG completes first phase of largest ever seafloor survey in UK Central North Sea
CGG has announced the completion of the first phase of its largest ever seafloor survey in the UK central North Sea (CNS).
Premier Oil seeks another price cut for BP North Sea assets – report
Premier Oil is seeking another price cut for the North Sea assets it is buying from BP, according to a news report.
Mintra announces £107m listing on Oslo Stock Exchange
Aberdeen and Norway based training provider Mintra has announced its listing on the Oslo Stock Exchange.
Acoustic Data chalks up North African win
Private equity-backed Acoustic Data has won work with one of the big four service companies at a gas field in North Africa.
State-of-the-art decontamination system could minimise risk of Covid-19 outbreak offshore
It's thought a new air and surface decontamination system could be used to minimise the risk of a Covid-19 outbreak offshore.
SengS will ‘come out the other side’ of tough year in strong position
North-east engineering and service company SengS has insisted it will “come out the other side in a relatively strong position” after a challenging year.
OGA chief hopes for sector deal ‘towards end of this year’
The head of the Oil and Gas Authority (OGA) hopes a government sector deal for the North Sea will be agreed by the end of the year.
Remembering Ocean Odyssey
The blowout on the Ocean Odyssey exploration rig in 1988 is often overshadowed by Piper Alpha but is a significant event in oil & gas history.Derek Beddows, Archer Knight’s Director of Diving and Safety Services, recalls his time as part of the response, and the pioneering work which went into capping the well, 32 years ago this week.
Archer wins big North Sea contract extension with Apache
Archer has clinched a four-year contract extension worth up to £78.6 million to provide Apache's UK North Sea business with platform drilling operations and maintenance services.
Reabold eyes big payoff west of Shetland via position in Corallian
Upstream investment firm Reabold Resources has hailed a significant boost to its footprint west of Shetland through its stake in Corallian Energy.
Sonangol income halves in 2019
Sonangol posted net income of $125 million for 2019, while EBITDA reached $4.78 billion up 10% year on year.
GMS drops capital raise plans, faces Seafox board struggle
The dispute between Gulf Marine Services (GMS) and its major shareholder Seafox International shows no signs of receding and have scotched plans for a capital raise.
Neptune forges ahead with 50m barrel project as subsea construction starts
Private-equity-backed Neptune Energy has kicked off the subsea construction phase of its Covid-delayed Seagull project offshore UK.
NOC lifts force majeure at Zueitina
The National Oil Corp. (NOC) has lifted force majeure at the port of Zueitina and the associated oilfields, operated by Zueitina Oil Co. (ZOC).
Interventek wins eight-figure deal with Baker Hughes
Subsea technology firm Interventek, of Aberdeen, has clinched an eight-figure deal to supply equipment to US energy service giant Baker Hughes.
Kerogen advisory board member resigns from Hurricane role
Hurricane Energy said today that Alan Parsley had resigned as non-executive director of the UK offshore oil and gas business.
ReconAfrica denies frack plans for Namibia
Reconnaissance Africa has defended its drilling plans in northern Namibia, denying that it will carry out operations in environmentally sensitive areas.
BP ‘won’t rule out’ further North Sea oil exploration despite 40% production cut pledge
BP has said it "will not rule out further exploration at all" in the North Sea, despite a pledge to cut global oil production by 40% within the decade.
Petronas seeks investors to revive Malaysian upstream as majors exit
After reporting a $5 billion loss, Malaysian national oil company (NOC) Petronas is eager to see new money flow into its domestic upstream sector, especially as the majors, such as ExxonMobil, seek to exit the Southeast Asian nation.