Neptune Energy and its partners today announced the commercial discovery of oil at the Dugong well (PL882) in the Norwegian sector of the North Sea, the largest discovery in Norway so far this year.
Oil & Gas
BP has cut its dividend in half in a bid to free up cash for its push to become an “integrated energy company”.
The Voyageur Spirit floating production unit has arrived at the dry dock in Kishorn on the west coast of Scotland, pictures published on social media show.
Even in this time of great uncertainty caused by the Covid-19 pandemic and lower oil prices, corporate M&A and private equity investment in the energy sector is not dead.
A leading IT expert expects North Sea oil and gas operators to adopt a hybrid of traditional and new working practices post Covid-19.
The global debut of PipeTracer technology in the North Sea showed how the digital transformation of the tubular supply chain can drive efficiency to the next level, in an oilfield province that is embracing every opportunity to reduce costs.
Scottish law firm Bodies has marked the 10th consecutive year of growth with its latest set of annual accounts.
Covid-19 has had an unarguably dramatic and far-reaching impact on everyone, and on organisations of all types – we have all felt the effects of lockdown and the economic slowdown. However, even as we saw a fall in revenue at the port due to reduced oil and gas activity and fewer ferry sailings, the pandemic brought out the very best in our employees, stakeholders and customers.
Ambitious plans to turn the Cromarty Firth into a free port that could secure work and jobs for the next 50 years have been revealed.
Data is key to good decision making in all sectors of industry and society and the Technology Leadership Board Digital Technology Theme highlights the truly disruptive potential of digital technologies. As we move towards a net zero economy, only through exploiting cross sectoral data can we achieve the potential of digital technologies, thereby aiding a smooth and sustainable energy transition. Combining data from the oil and gas and the renewables sectors with the nascent hydrogen and carbon capture and storage (CCS) industries will provide a platform for the best decision making. At the National Decommissioning Centre (NDC) we are initiating several projects which will help deliver this.
Austin Avuru has retired from his position as CEO of Seplat Petroleum, paving the way for Roger Brown, current CFO, to take the top spot.
The Syrian Ministry of Foreign Affairs and Expatriates has condemned “in the strongest terms” a reported deal between a US oil company and the Syrian Democratic Forces (SDF).
The UK’s health and safety watchdog is making “initial inquiries” after a generator overheated on the FPF-1 platform in the central North Sea.
Nigeria-focused San Leon Energy will stump up $15 million as a loan to secure the completion of the Alternative Crude Oil Evacuation System (ACOES), for exports from its OML 18.
As Bernard Looney took to the stage in London in February to announce his plan to transform BP Plc for a low-carbon future, the U.K. capital confirmed its first case of Covid-19.
Noble Corp., the offshore drilling contractor, filed for bankruptcy with a plan to cut more than $3.4 billion of debt after a crash in crude prices made undersea oil wells too expensive.
An innovative scarecrow system could help tackle the foul issue of seabird droppings on offshore wind farms and platforms.
Sasol has invited bidders to participate in developing two 10 MW solar photovoltaic (PV) facilities in South Africa.
Kosmos Energy reported a net loss of $199 million for the second quarter of the year, with an adjusted net loss of $95mn.
Some companies are “all bluster and no substance”, but Score Group is the exact opposite, new chief executive Gordon Ronaldson said.
A Cromarty Firth boss has replied to rising oil rig noise complaints, saying residents “have chosen to live on the shores of a busy, industrial port”.
Neo Energy, of Aberdeen, has completed the revised acquisition of a package of UK North Sea oil and gas fields from Total.
Independent Oil and Gas (IOG) has picked Dutch contractor HSM Offshore to provide the production platforms for phase one of its core project in the southern North Sea.
Siemens and Dron & Dickson partnership creates promising competition for fire and gas electrical equipment supply
Siemens world-renowned fire safety products, systems and solutions safeguard assets from fire risk. This teamed with Dron & Dickson’s UK wide distribution capabilities and electrical engineering expertise have created a powerhouse in Fire & Gas Engineering for hazardous and industrial areas, both on and offshore.
Two senior tax professionals have joined the Scottish tax team at EY in the latest announcement of growth and investment by the professional services firm.