North Sea firm warns windfall tax risks derailing project
Europa Oil & Gas (AIM: EOG) has warned that its Serenity oil development in the Central North Sea could be hit by a new government changing its fiscal policy.
Europa Oil & Gas (AIM: EOG) has warned that its Serenity oil development in the Central North Sea could be hit by a new government changing its fiscal policy.
Former Shell (LON:SHEL) chief executive officer Ben van Beurden will join private equity group KKR as a senior advisor on green investments, reports say.
Hot off its Southern North Sea success with Shell, Deltic Energy (AIM: DELT) said it is progressing plans for a farm out deal on its “drill-ready” Syros prospect by the end of this year.
Chairman of Energy Transition Zone (ETZ) Sir Ian Wood has called for urgent collaboration between the Scottish and UK Governments to unlock Scotland's energy potential in a preview conversation ahead of the Energy Exports Conference.
Orcadian Energy CEO also said first oil could be achieved at its Pilot development by 2028
Balmoral Comtec has secured a multi-million-pound contract on the Rosebank oilfield, creating more than 50 jobs in Aberdeen.
Four SNP MPs have called on the UK government to explain the confusion over the number of energy civil servants headed for Aberdeen.
Specialist provider of offshore support services, Interocean Marine Services has carried out an ultra-fast demonstration integrity inspection on the Valaris Viking jack-up rig.
Subsea equipment specialist Ashtead Technology (AIM: AT.) aims to continue its ongoing mergers and acquisition (M&A) strategy after it helped deliver strong results for the company in 2023.
Oil and gas service provider Petrofac's (LON:PFC) efforts to restructure its debt could lead to a significant dilution for shareholders, according to an analyst.
Diggers were seen tearing down the iconic Altens building, which was once hailed as the energy giant's "nerve centre".
Call from Sparta Capital Management comes a year after collapse of £1.7bn Wood takeover bid from private equity giant Apollo.
Crondall Energy has undergone a management buyout with almost 30 staff members taking an ownership stake in the independent offshore energy consultancy.
Pier Solutions, an engineering and modular solutions firm based out of Aberdeenshire has named its new CEO.
Shell plans bring the Penguins FPSO – its first new manned vessel in the northern North Sea in a generation – to the UK by September.
Amidst reports that Aberdeen’s Waldorf Production is being faced with liquidity shortfalls, the firm remains tight-lipped.
Trade body Offshore Energies UK has made a series of appointments to its board with North Sea bosses from Well-Safe Solutions, EnQuest and Wood all joining.
On Friday Graham Stuart announced he was stepping down from government as Justin Tomlinson replaced him as the UK’s energy minister. But who is Justin Tomlinson?
EnergyPathways (AIM: EPP) has been hit with delays for the expected results of its outstanding licence application for its Marram gas project.
BP (LON: BP) has awarded a contract extension to global energy industry services provider Petrofac (LON: PFC) to continue supporting its North Sea portfolio.
Naval architecture group Gibbs & Cox has floated a plan to convert old oil rigs into missile defence platforms and resupply bases.
Saipem (BIT: SPM) has landed a contract worth up to $1.5 billion with Exxon Mobil for work on its newly-sanctioned Whiptail project off Guyana.
Two World Wars, the North Sea oil boom and sending kit into outer space; Hunting Plc has a lot to show for its 150 years.
Questions have been raised by security expert on the roles of Chinese state-owned firms like CNOOC in the UK's energy sector.