Glacier snaps up Whiteley Read
Glacier Energy Services has bought Rotherham-based Whiteley Read from Stainless Metalcraft.
Glacier Energy Services has bought Rotherham-based Whiteley Read from Stainless Metalcraft.
Exxon Mobil and Hess Corp. said Monday they've increased their reserve estimates offshore of Guyana by 25 percent after making a 10th discovery in the region.
Oilfield services giant Petrofac has secured a three-year contract extension with Taqa in the UK.
Leading businessman Sir Ian Wood has said Theresa May's Brexit deal is "workable" and is better than the current situation with Europe.
The tiny, energy-rich Arab nation of Qatar has announced it will withdraw from Opec.
The North Sea oil and gas industry in 2018 gave investors a clear sign of the “massive value” it can still deliver.
EnQuest's £230 million acquisition of the remaining 75% interest in the Magnus oil field from BP has been completed.
Oil was jolted higher by efforts across the globe to support prices as Saudi Arabia and Russia extended their pact to manage the market and Canada’s largest producing province ordered unprecedented output curbs. Prices retreated slightly after Qatar said it was leaving OPEC.
Bosses at Hydrasun are hoping to build forward momentum on the tailwinds generated by a raft of new deals worth almost £30 million.
The finalists have been announced for the annual Subsea UK Awards.
Upstream oil sector investor Reabold Resources has completed its £3 million acquisition of 37% of Rathlin Energy UK.
Ades International Holding has completed the acquisition of eleven onshore rigs from Weatherford International in Saudi Arabia.
The Greenpeace response to my criticism of their decommissioning written evidence given to the Commons Select Committee only served to reinforce my views.
A relatively high and much more stable oil price has generated a lot of renewed investor interest in the North Sea upstream E&P sector over the past 12 months or so.
Oil headed for its biggest monthly decline since 2008 as Russia reiterated it’s comfortable with current prices, just a week before it meets with OPEC in Vienna to discuss possible production curbs.
Hurricane Energy’s FPSO has arrived at what may be its final stop before heading to the Lancaster field west of Shetland.
Energy giant Shell has sold-off its business in Ireland for up to £1bn ($1.3bn).
Oil giant Shell has announced the sale of its interest in the Draugen and Goja fields to OKEA AS for £412 million.
A “cocktail of uncertainty” awaits members of the OPEC oil cartel ahead of a meeting next week to discuss whether to cut oil production, according to an analyst.
Bosses at Neptune Energy said a "rigorous" approach to production management was helping the firm deliver "strong" results in 2018.
Oil firm Serica Energy today completed the acquisition of stakes in three North Sea fields from energy giant BP.
The Port of Cromarty Firth (PCF) has awarded the contract to construct its new £30 million energy and cruise hub at Invergordon to Ireland and UK-based civil engineering and construction firm Roadbridge UK.
A new central North Sea sidetrack well has come up trumps for Malaysian firm Hibiscus Petroleum and its partner.
Dozens of industry representatives gathered in Aberdeen yesterday to help the North Sea partner with the new “El Dorado” of oil and gas.
The biggest snag in OPEC’s push for a consensus on cutting oil output could come from relentless growth in supply from its second-biggest producer.