Kidnapped Swire Pacific Offshore workers released after month-long ordeal
Vessel operator Swire Pacific Offshore (SPO) has confirmed its workers have been released after a month-long abduction ordeal.
Vessel operator Swire Pacific Offshore (SPO) has confirmed its workers have been released after a month-long abduction ordeal.
Oilfield procurement specialists, Craig International, has continued to increase its global marketshare with two-thirds of the Aberdeen-headquartered company’s revenues now being generated outside of the UK.
The past year has been one of transformational change for the energy sector as the world woke up to the climate emergency.
A north-east marine services firm is to increase staff by almost a quarter after a £150 million investment in a fleet of new emergency response and resuce vessels (ERRVs).
2019 has been an eventful year where further major hydrocarbon releases and events have occurred, proving we cannot afford to take our attention off other major accident hazards.
The director of a multi-million pound decommissioning study has voiced concern that any final decision over the removal of Shell’s Brent platform legs might ‘harden’ public perception toward his project.
Balmoral Group Holdings reported a “mixed year” as it posted its first loss since 2007.
Italian oil and gas contractor Saipem has announced contract extensions totaling over £1 billion.
U.S. natural gas production had its biggest one-year increase on record in 2018, the U.S. Energy Information Administration reported Thursday.
Working in different locations presents various logistical problems for companies – a problem Progressive TSL aims to tackle.
US energy giant ExxonMobil has released a video celebrating first oil from the Liza field off Guyana.
A government report has revealed CNOOC was the biggest tax spender in the North Sea last year while energy giant Shell paid the least on balance after a reimbursement.
ExxonMobil has announced a new discovery off Guyana, adding to previous estimates of 6billion barrels of recoverable oil equivalent.
As 2019 comes to a close, the UK energy sector trade body has produced a video highlighting some of the main developments for the industry over the last year.
Equinor and Rosneft have sanctioned a full development of the North Komosomolskoye field in Russia.
It’s been several weeks now since Scotland’s oil and gas sector descended on trade show ADIPEC en masse, showcasing the technology and capabilities that have placed our industry at the forefront of the global energy industry.
Equinor has been given the go-ahead to drill an exploration well at its Helleneset prospect in Norway.
Exxon Mobil Corp. and its partners lifted the first commercial crude from Guyana, setting the small South American nation on a path to potentially vast flows of oil revenues.
Score Group is to be sold to a private equity firm for £120 million.
Taqa has submitted plans to decommission a 30-year-old platform in the UK North Sea.
The North Sea oil industry has been in transition for some years following the collapse of oil prices in late 2014. Large cost reductions have been painfully achieved. Production has increased due to a combination of new fields coming on stream plus a substantial increase in production efficiency to around 75%. But new field investment expenditure has fallen dramatically since 2015 and exploration remains at a relatively low level reflecting principally the maturity of the province as well as oil and gas prices far below their pre-2015 levels.
Total announced its entry into Suriname with a 50% interest in a block held by Apache off the Southern American nation’s coast.
Unions from the UK and Norway have met in Aberdeen to formalise a collaboration to improve helicopter safety across the North Sea.
Anglo-Dutch oil giant Shell has said it expects to be hit by an impairment of up to £1.8 billion for the year.
As the oil and gas sector depends on contractors as part of the supply chain, a rising wave of global cyberattacks raises the question – how seriously do suppliers take cybersecurity?