‘Transformational year’ as Eland Oil and Gas celebrates maiden profit
Aberdeenshire-based Eland Oil and Gas described 2018 as a "transformational year" as the firm achieved first profit.
Aberdeenshire-based Eland Oil and Gas described 2018 as a "transformational year" as the firm achieved first profit.
Petrobras is expected to receive more than $18 billion from a mixture of government and private sources as payment for oil reserves, people familiar with the matter said, potentially resolving a dispute that has dragged on since 2013.
The North Sea will need investment of £200billion in order to add another generation to its production life, according to a flagship report published today.
Energy services giant Wood saw more than £330 million wiped off its market value yesterday, despite results showing a strong financial performance in 2018.
The son of a North Sea worker who suffered a heart attack offshore has praised medics after his father was airlifted to hospital yesterday.
Subsea engineering firm TechnipFMC has announced a multi-million contract with Equinor for the Johan Sverdrup project.
Oil and Gas UK expects to see further examples of companies consolidating and “right-sizing” their North Sea portfolios in 2019.
BP Plc may become the next oil giant to power operations with clean energy.
Chris Froome and Geraint Thomas can take aim at the Tour de France certain of their futures after Team Sky announced they will continue racing under a new guise from May.
Fracking has created a "real shadow across the landscape" for those communities affected by exploratory drilling, a Tory MP has warned.
Aberdeen’s Oil and Gas Technology Centre (OGTC) is ensuring the north-east is a world-leading innovator in oil and gas, according to the UK’s energy minister.
The long-standing chairman of Aberdeen-headquartered energy services giant Wood is to step down.
After months of setbacks, Hurricane Energy has successfully hooked up its production vessel to its huge Lancaster field west of Shetland.
Spirit Energy has kicked off production from its Oda field in the Norwegian North Sea, delivered five months ahead of schedule.
Siccar Point Energy has kicked off its 2019 drilling campaign with the spudding of an exploration well at the Blackrock prospect west of Shetland (WoS).
Aberdeen-headquartered energy services giant Wood saw its total revenues climb to £8.3billion in 2018 amid a “significant year of progress” for the firm.
An Aberdeenshire father-of-four will brave the dangers of the Atlantic Ocean as he aims to become the first person to complete a row across the water in a boat he made himself.
It is "too early to know" what caused the death of a 29-year old man during a routine oil tanker repair, the firm who own the vehicle have said.
An Aberdeenshire deepwater safety valve firm has announced increased staff numbers and an expansion of its facilities due to a seven-figure investment in the business.
Rever Offshore has appointed a new chief executive, two months on from dropping the Bibby Offshore brand.
Every few weeks, in a glass-walled office with a picture of an oil platform filling the east side, an unusual conversation takes place.
Workers at Interserve are to be balloted for strike action in a row over job cuts and sick pay.
Higher oil prices trigger "toxic behaviors" among offshore oil and gas firms, according to a global consulting firm.
A feasibility study into a virtual deep water port in the Firth of Forth has been commissioned by a newly-formed group to promote Dundee as a decommissioning hub.
The upstream oil and gas industry has been presented with a proposal to consider a new way of running the business of global infrastructure projects at a speech delivered by renowned US project management expert Stephen Mulva.