Oil sector still has plenty of waste to ‘get after’, BP boss says
The oil industry is still guilty of rampant “waste” despite concerted efforts to drive efficiency during the downturn, a boss at BP said yesterday.
The oil industry is still guilty of rampant “waste” despite concerted efforts to drive efficiency during the downturn, a boss at BP said yesterday.
The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, according to global natural resources consultancy Wood Mackenzie.
An Aberdeen businessman is aiming to revolutionise non-destructive testing offshore with a new digital simulation tool.
By 2030, oil demand could hit a peak and then enter decline, according to a new report.
North Sea tides are powering growth and investment in an award-winning Aberdeen-headquartered firm, according to the company’s business development chief.
Serica Energy has confirmed it will push ahead with BP's shelved plans to re-enter an old well at the Rhum field.
The new boss of Aberdeen International Airport (AIA) aims to woo airlines with the Granite City’s “new proposition”.
Oil companies must put their heads together to prevent a “battle for data ownership” erupting, a corporate finance expert said today.
US oil giant ExxonMobil has announced two further oil well discoveries offshore Guyana.
The oil and gas sector needs clarity on the UK’s withdrawal from the European Union “pretty darn pronto”, an industry expert said today.
An offshore union has reissued its call for a public inquiry into offshore helicopter safety.
The North Sea’s “changing of the guard” will boost an oilfield services (OFS) sector creaking under the weight of sustained pricing pressures, a new report said.
Record production and higher oil and gas prices steered Equinor to a 40% increase in profits last year.
A new and improved version of an online tool which helps the supply chain keep tabs on upcoming North Sea projects will soon be unleashed.
Profits more than doubled at oil giant BP in 2018, a year marked by the start-up of a major project west of Shetland.
BP's strong financial performance in 2018 has cemented its transformation from "oil-market villain to darling", an analyst said today.
Offshore accommodation provider Prosafe narrowed its losses in 2018 as utilisation picked up.
Better "reliability" and the start-up of several major projects helped oil giant BP more than doubled its earnings last year.
A key player behind the oil and gas sector deal yesterday called for more “urgency” in implementing the proposals.
EnQuest today reported a near-50% increase in production across the group last year, and predicted a 20% jump in 2019.
Scottish firm EnerMech expects diversification to double its size within five years.
Taqa has hailed a “major milestone” as it prepares to switch its Eider platform in the North Sea to utility mode next month.
A top employment lawyer has warned North Sea firms not to “miss the boat” on getting a piece of Western Australia’s booming energy sector.
Guyana, a country that currently produces no crude, could pump more than OPEC member Venezuela in five years.
Energy giant Ineos has urged the Government to relax the "unworkable" regulations on tremors caused by fracking.