Petrofac has set new targets to reduce its emissions and increase the percentage of women in its senior roles within the decade.
Oil & Gas
Safety concerns have been raised after figures revealed a 55-tonne gas leak at the Apache Beryl Alpha platform in the North Sea.
Workers on a number of installations in the northern North Sea have been told to stay alert after a Greenpeace ship was spotted in the area.
The oil cleanup from a leaking cargo ship that ran aground off the coast of Mauritius continues while the government and insurance firms begin probing liability for the accident.
Occidental Petroleum Corp. reported a $6.6 billion writedown in the second quarter, equivalent to more than 40% of its market value, as the collapse in energy prices took its toll on the debt-laden U.S. shale oil producer.
In this month's issue of Petroleum Review, the Energy Institute (EI) examines the transition towards net zero through the eyes of energy professionals, with a particular focus on the oil and gas sector.
Job losses related to the coronavirus pandemic are approaching the 100,000 mark for US oilfield services companies as layoffs continued to mount in July.
A joint venture between UK-headquarterd energy services firm Petrofac and Azerbaijan’s state oil company has secured a £77 million contract with BP Azerbaijan.
Aberdeen Harbour has awards £4.3million worth of contracts for the South Harbour construction project.
China Petroleum and Technology Development Co. (CPTDC) has won work to provide natural gas compressors to Orca Energy in southern Tanzania.
Mauritius has declared a state of emergency in response to a worsening oil spill offshore and is seeking international assistance.
Borr Drilling has appointed Patrick Schorn as its new chief executive officer, succeeding Svend Anton Maier who will remain with the company as a special adviser.
Zenith Energy is no longer the operator of the Tilapia licence in Congo Brazzaville, the company has said.
Equinor has appointed insider Anders Opedal as its new CEO, replacing Eldar Saetre who is to retire after 40 years in the Norwegian energy company.
No company has been immune from the headwinds facing the global oil industry, even Saudi Aramco.
Oilfield service firm Weatherford has said it made 130 employees redundant in Aberdeen in the first half of 2020 in an effort to get a grip on its costs.
Total has put off making a final investment decision (FID) on its Glendronach gas discovery until next year, project partner Ineos has said.
An RNLI crew was called out to rescue two people who became “stranded” on the anchor chain of a Cromarty Firth oil rig on Friday evening.
Turkey has issued a new navigational warning – navtex – on waters also claimed by Greece.
Reabold Resources has abandoned its takeover bid for Deltic Energy, formerly known as Cluff Natural Resources.
I’m baffled by the Curlew decommissioning saga that will now see the life-expired FPSO be dismantled in Norway rather than via the original arrangement whereby it was to be prepped in Dundee prior to being towed to Turkey for chopping up.
The executive chairman of unmanned aerial vehicle firm FlyLogix said it is “very fortunate” to have enjoyed success in recent months despite the Covid-19 pandemic.
North-east drilling repair company MRDS has been acquired by an Aberdeen based investment firm for an undisclosed amount.
Anderson Anderson and Brown Corporate Finance is delighted to share with you our quarterly Deals+ update for Q2 2020 in conjunction with Energy Voice, highlighting selected oil and gas mergers and acquisitions and fundraising transactions across the UK
Bosses at Ineos’ North Sea oil and gas business have vowed to keep “pursuing growth opportunities” despite a 95% profits plunge in 2019.