£16m subsea centre opened in East Kilbride
A new £16million subsea development centre has been opened in East Kilbride.
A new £16million subsea development centre has been opened in East Kilbride.
The 2018 Wells Insight Report, published by the Oil and Gas Authority, stressed the large potential available from intervening in the UK Continental Shelf well stock.
The Dutch Caribbean Island of Aruba is planning to look for new investors in Houston after negotiating an early end to a troubled contract with Citgo to restore and operate a long-idled refinery.
Oil price predictions always end in disaster but complacency in the market poses a number of risks, given global uncertainty.
BP’s outgoing CEO Bob Dudley gave a defence of natural gas as one part of the world’s future energy mix, at a conference in London.
Part of the team behind the heavy lift operations to remove Shell’s iconic Brent platforms are setting up their own decommissioning business.
Tekmar Group has signed a deal to buy fellow subsea technology firm Pipeshield International for £6.5million.
As people around the world gathered for the largest climate protest in history last month, the audience at an event in Stavanger was told there can’t be a “rational conversation on global warming before we’ve stopped screaming”.
Nigeria is seeking to recover as much as $62billion (£50.6bn) from international oil companies, using a 2018 Supreme Court ruling the state says enables it to increase its share of income from production-sharing contracts.
Norwegian energy giant Equinor has picked up exploration acreage off Western Australia.
Aberdeen harbour bosses have said “further investigation” would be needed before it could become a free port as suggested by Boris Johnson.
A new conference has been announced which will focus on the most pressing health and safety issues in the North Sea.
A partnership between Scotland and Japan will inject £21m into six projects designed to tackle the next wave of challenges in the subsea industry.
Norway’s Northern Lights carbon capture project took a major step forward recently when various partners signed memoranda of understanding with seven European companies to develop value chains in CCS.
One of BHP's biggest investors has warned the company must pull out of industry lobbying groups or face damage to its reputation on climate change.
The OGA’s work to date to maximise economic recovery (MER UK) has been through promoting, influencing – and where necessary regulating – using our Energy Act 2016 powers.
Royal Dutch Shell CEO Ben van Beurden used his speech at the Oil & Money event in London to call for greater collaboration between industry sectors.
Climate activists halted an awards ceremony involving the chief executives of oil majors BP and Shell at a major industry conference last night.
Total E&P UK swung to a £525.4million pre-tax profit last year with higher oil prices and an end to impairments in the west of Shetland.
Exxon Mobil Corp. has hired investment bank Jefferies Financial Group Inc. as it considers options including a sale of its UK North Sea assets, according to people familiar with the matter.
Solo Oil has announced a transformational deal in the Netherlands and is changing its name to Scirocco Energy.
Baker Hughes rolled out its new look Tuesday to mark its independence after more than two years of majority ownership by the industrial conglomerate General Electric Co.
The Rovuma LNG project has taken another step ahead but a final investment decision (FID) is now expected in early 2020.
Spirit Energy has handed in a draft decommissioning programme for one of its southern North Sea fields for the UK Government to review.
Canadian Natural Resources International UK (CNRI UK) narrowed its losses last year amid higher oil and gas prices.