‘It’s a high-risk business, people have to be capable’, says Mintra boss
Skills gaps are eternal. But that doesn’t mean they can’t be addressed effectively, said Scott Kerr, chief executive of Mintra Group.
Oil & Gas
Down-manning forces cancellation of North Sea strike vote
A strike ballot on one of the UK’s largest offshore gas projects has been cancelled.
BP said to be planning sale of North Sea Shearwater stake
BP is considering selling its stake in the Shearwater assets in the North Sea as it focuses on new projects in the area and expands in U.S. shale, according to people familiar with the matter.
Goddard beefs up IOG’s southern North Sea gas project
Independent Oil and Gas (IOG) has added its Goddard discovery to its flagship development project in the southern North Sea.
DNO presses Faroe for ‘transparency’ after downgrade
Norwegian firm DNO has urged its takeover target, Faroe Petroleum, to provide "transparent and timely" operations updates.
Sentinel Marine to create 80 jobs with new ships
Offshore support vessel operator Sentinel Marine has announced it will create 80 new jobs with the order of three new ships.
Spirit Energy gets green light for Oda development
North Sea explorer Spirit Energy has been given the green light from regulators to start up its first operated development in Norway.
Shell boss ‘still unhappy’ over safety record despite redoubling of efforts
The boss of oil giant Shell has admitted he is "still unhappy" with the firm's safety performance, despite pledging a redoubling of efforts in 2018.
Peterson to set up base at Port of Lowestoft
Logistics and energy service firm Peterson UK will set up a new base at the Port of Lowestoft in Suffolk after signing a long-term agreement.
Agiletek announce £1m in contracts over bumper year
London-based subsea consultancy firm Agiletek has announced a bumper year increase in sales and clients, inking £1 million in new deals in 2018.
Norway oil lobby predicts 16% investment jump in 2019
Norway’s oil lobby raised its forecast for investments in the country’s petroleum industry as cost cuts during a three-year downturn made projects more profitable and able to withstand even the recent slump in crude prices.
Opec cuts still garner support despite oil price drop
Given oil’s plummet at the end of last year, OPEC’s strategy to stabilize the market might look a bust. But where it matters most for the cartel’s members -- petroleum revenues -- it’s still a winner.
West of Shetland dream coming true for Siccar Point
There’s never been a more exciting time on the UK Atlantic Frontier.
OGA and operators work to solve infrastructure puzzle
The Oil and Gas Authority (OGA) is working to solve an “infrastructure puzzle” for what is considered to be the most prospective region of the UK North Sea.
Aberdeen University scraps South Korea plans over oil downturn
Aberdeen University has been forced to abandon an ambitious plan to create an international campus in South Korea.
Goldman cuts oil price forecasts, citing US shale resilience
Goldman Sachs Group Inc. cut its oil price forecasts for 2019, citing a re-emerging surplus of oil and resilient U.S. shale production.
Woodmac: Is 2019 the year of LNG oversupply?
As we enter 2019, the mood in the LNG market is mixed. The big LNG buyers are back, and we are set for a record year for supply in terms of both production growth and new project FIDs. What will 2019 look like? And what could happen that will shape the market longer term?
How the wild west can be won
The west of Shetland region may have challenging deep waters, 40m waves and fierce gales but with increasing activity levels and access to infrastructure in place, current and future fields are being brought within easier reach.
US authorities give Williams green light for LNG expansion
The Federal Energy Regulatory Commission has given the Oklahoma pipeline company Williams permission to begin service on an expansion project supporting two liquefied natural gas terminals along the Texas Gulf Coast.
Dana Petroleum chief executive retires
Oil firm Dana Petroleum confirmed yesterday that its chief executive had retired from the role.
Greater Manchester to set out fracking ban
One of the country's largest combined authorities will lay out plans to ban fracking in a new green strategy.
New Petrobras boss swears off subsidies, government intervention
The new head of Brazil’s state-controlled oil company criticized its history of government interference and vowed to pursue policies that will boost profit, echoing a wider pledge by President Jair Bolsonaro to reduce the state’s role in Latin America’s largest economy.
Mega-rig spotted on journey to Kishorn dry dock
The world’s largest semi-submersible drilling rig has been spotted on Scotland’ s west coast on its way to the redeveloped Kishorn dry dock.
£97bn of offshore projects could be sanctioned in 2019, says Rystad
Up to £97bn ($123bn) worth of offshore projects could be sanctioned this year if the price of oil rebounds to $60.
Oil on track for biggest weekly rise in 18 months
Brent crude headed for its biggest weekly gain since July 2017 as OPEC’s production cuts outweighed concerns over the health of the global economy.