Serica’s deals with BP, Total near completion as US sanctions waiver granted
Serica Energy said today that the US had granted a conditional licence removing restrictions on production from a UK North Sea field.
Serica Energy said today that the US had granted a conditional licence removing restrictions on production from a UK North Sea field.
Energy service giant Wood has secured a string of new US midstream sector contracts worth about £190m this year.
North Sea helicopter operator CHC has taken delivery of a new aircraft and started a major revamp of its passenger terminal in Aberdeen.
Ensco’s takeover of rival Rowan shows consolidation is still “paramount” for drillers and that smaller firms are being driven out, according to leading analysts.
Fast-growing, north-east engineering firm Texo Group has announced the latest in a series of acquisitions.
The days of sharp cost reductions in the North Sea oil industry are over, a new report said.
A former chief executive of Dundee Port Authority has demanded a retraction of the ‘false claims that the port is not deep enough for decommissioning work amid fears the incident could do “long term damage” to Dundee’s reputation as a marine facility.
BP has entered an agreement with Eni and Libya’s National Oil Corporation (NOC) to resume exploration work in the country.
Oil field service giant Baker Hughes, a GE company (BHGE) will buy a 5% stake in Adnoc Drilling for $550 million.
A cross-sector event is taking place today to explore how to reduce decommissioning costs in the UK and Dutch areas of the southern North Sea(SNS).
UK-based offshore driller Ensco has entered an agreement to buy smaller rival Rowan to create an “industry-leading” drilling firm.
Oilfield services firm Petrofac has today announced a £38 million extension deal with an international Iraq-based oil company.
Norwegian oil giant Equinor has announced a reduction of £2.8 billion in estimated investments for North Sea projects in the development phase.
Aberdeen energy service giant Wood has announced a multi-million dollar deal in Oman with Duqm Refinery and Petrochemicals.
One of the biggest-ever mergers in the oil industry. The largest corporate bond sale on record. The most lucrative initial public offering in "human history." The timetable: two and a half years.
Aberdeen's energy institutions will collaborate with selected Mexican universities in an effort to "learn lessons from the North Sea".
Dana Petroleum is celebrating a milestone for its Western Isles project as it has offloaded its first 10million barrels of oil.
A fledgling Aberdeen-based oil field technology company has inked a three-year contract worth £535,000 with energy giant Saudi Aramco.
Cash is once again flowing into the world’s biggest wealth fund.
Oil in London extended losses for a third day on signs that the potential impact of impending U.S. sanctions on Iranian supplies may be mitigated.
A co-founder of i3 Energy will step down from the top role at the North Sea oil firm.
An Aberdeen-based energy firm is celebrating an increase in business after a six-figure investment in its hydraulics division.
The North Sea oil industry is responsible for dumping more than 100 tonnes of microplastics into the sea every year, according to new research.
Offshore contractors working for Wood on Shell platforms have expressed “disgust” at severe pay cuts proposed amid the operator’s plans to change rotas.
An Aberdeen academic has said three week, equal time rotas will always divide opinion.