Prosafe reports loss amid ‘modest’ activity and lower day rates
Offshore accommodation vessel owner Prosafe reported a loss for the start of the year amid “modest” tendering activity.
Offshore accommodation vessel owner Prosafe reported a loss for the start of the year amid “modest” tendering activity.
The German government has made a formal objection to Shell’s plans to decommission the Brent field in the North Sea.
Aberdeen energy services firm Wood has appointed a 40-year veteran of the oil and gas industry as its new chairman.
UK energy service companies have to be able to “walk and chew gum” if the industry’s Vision 2035 scenario is to be achieved, a boss at the Oil and Gas Authority (OGA) says.
Procurement policy “barriers” put up by operators are stifling technology development among SMEs, an oil and gas industry entrepreneur said.
The Health and Safety Executive (HSE) has handed Premier Oil an improvement notice on the Balmoral platform.
Oil and gas services group ICR Integrity of Aberdeen has muscled in on the drone-based inspections market by snapping up Sky-Futures Partners for an undisclosed sum.
“There’s a difference between the way grass grows and the way a tree grows,” says Pol Palacios.
The engineers of the future went head-to-head at Robert Gordon University (RGU) last month when they put underwater robots, which they designed and built, to the test as part of an annual competition.
Occidental Petroleum Corp.’s corporate jet has crossed the Atlantic for the second time in two weeks, landing in the Netherlands, according to flight-tracking data and people familiar with the matter.
The launch of the UK’s inaugural National Data Repository (NDR) for petroleum-related information saw the unveiling of a key piece of the UK’s digital infrastructure, complementing the existing National Geological Repository for core and samples.
A Nigerian high court dismissed the government’s claims that local units of Eni SpA and Petroleo Brasileiro SA illegally exported crude oil to the U.S.
Norwegian oil and gas operator DNO has pledged a multi-million North Sea investment after a slight Q1 profit rise for the firm.
Maersk Drilling has announced today that it will launch a new low-emission hybrid oil rig.
Energy giant Total has said it is just weeks away from starting up production at one of the UK’s largest offshore gas fields.
Equinor’s UK boss has insisted Brexit “has not killed appetite to invest” in the North Sea.
Equinor plans to breathe new life into a decommissioned gas field straddling the border between the UK and Norwegian sectors of the North Sea.
North Sea helicopter pilots working for CHC have voted to take strike action following a pay dispute.
Saudi Arabia is set to supply more crude to oil-starved Asian refiners, and extract a heavy price for it.
A Norwegian geological and geophysical market leader has underlined its commitment to the future exploration of the North Sea by opening an office in Aberdeen to serve its existing and new clients on the UKCS.
Following a period of relatively low deal activity, in 2018 we started to see an uptick in deals – but that has paused slightly since the oil price fall at the end of 2018. Are there more deals to be done, or has oil price volatility cooled off the M&A market? What do the trends and themes seen in some of the latest UKCS M&A deals tell us?
Scotland is synonymous with globally significant innovation, having brought the world television, the telephone, the steam engine, anaesthesia, radar, the cash machine and the world’s first mammal cloned from an adult stem cell – Dolly the sheep.
Two commodities investment specialists recently provided fascinating commentary on the “dual challenge” facing the energy industry.
The US Gulf of Mexico is making a comeback this year.
Anderson Anderson & Brown Corporate Finance (“AABcf”) are delighted to share with you our quarterly Deals+ update for Q1 2019 in conjunction with Energy Voice, highlighting selected Oil & Gas M&A and Fundraising transactions across the UK.