Iran’s parliament has voted to support implementing the nuclear deal it struck with world powers, sending the measure to a council of senior clerics who will review the accord before its final approval.
The family of a British former oil worker sentenced to 350 lashes in Saudi Arabia has pleaded with authorities to let the “frail” man come home.
Norwegian Energy Company (Noreco) has confirmed that chief executive Tommy Sundt is stepping down, with immediate effect.
BAFTA-nominated geologist and TV presenter Iain Stewart will deliver the keynote speech at this year’s Offshore Decommissioning Conference, organisers said yesterday. The two-day event, which has already sold out, will focus on the importance of ensuring decommissioning is as efficient as possible and will draw from the lessons learned by other sectors, including nuclear energy.
Oil industry training body OPITO has found itself as the inspiration for the next generation – in a unique way.
The former chairman of China National Petroleum Corporation, and its listed firm PetroChina, has been sentenced to 16 years in prison for graft, Chinese state television said on Monday.
A fledgling Aberdeen IT firm is on track to reach the £500,000 turnover mark after winning new business from oil and gas firms looking to cut costs, it said.
Services contractor Bilfinger Salamis UK has appointed Mike Henderson as commercial and business development director.
Offshore supply vessel owners are facing a "very tough" 2016 with the prospect of much of the supply fleet being laid up due to the oil slump.
An 82-year-old man who spent more than 18 hours adrift in the North Sea was forced to watch as his yacht sank while being towed back to safety in Norway. Julian Mustoe was rescued by a Norwegian Coastguard cutter on Wednesday after his craft lost power halfway between Shetland and Bergen. The rescue effort was prolonged because of bad weather but eventually Mr Mustoe was taken aboard the coastguard boat with the 25ft yacht, Harrier of Down, taken under tow.
California's oversight of wells where oil companies dispose of wastewater brought to the surface is hindered by inadequate staffing and poorly organized paper records, a state review of the program said Thursday. In a report to the state legislature, California's Department of Conservation (DOC) found that wastewater injection wells also suffer from inconsistent permitting, monitoring and enforcement of their construction and operation, among other problems. "The division hasn't owned up to its responsibilities as a regulator in the past, but we are rapidly moving towards doing that," Steve Bohlen, head of California's Division of Oil, Gas and Geothermal Resources, which oversees the state's drilling activities, said on a conference call with reporters.
An environmental group in Norway is reportedly threatening to file a police complaint against Statoil following an oil leak in the North Sea. The company announced yesterday an oil spill had been discovered during the loading of oil from the Statfjord A platform tanker.
The price of a barrel of Brent crude is expected to reach $60 by the end of the year - according to at least one economist. Carl Paraskevas, senior economist for the Bank of Scotland said the lender’s house view was that the price of a barrel of oil would start rising, driven by a fall in production of oil and gas. Speaking at an event in Aberdeen yesterday, Paraskevas added: “There has also been a marked pick up in demand,” he said. “Chinese imports of crude are up and seems relatively stable.”
Libya is forming a national unity government after months of difficult talks between the country’s two rival administrations. The north African country’s United Nations envoy Bernardino Leon said candidates for the new government had been decided. The announcement, made in Morocco, is a step towards stitching together the oil-rich but chaotic country that fell apart after the overthrow of former dictator Muammar Gaddafi in 2011. The country has been split between an Islamist-backed government based in Tripoli and an internationally-recognised administration in the east.
Volkswagen’s top US executive has apologised as the emissions-rigging scandal engulfing the world’s largest carmaker deepened and members of Congress said the company violated the public’s trust. “On behalf of our company, my colleagues in Germany and myself, I would like to offer a sincere apology for Volkswagen’s use of a software program that served to defeat the regular emissions testing regime,” Volkswagen of America chief executive Michael Horn told a House subcommittee. Calling the company’s admission “deeply troubling”, Mr Horn said: “We have broken the trust of our customers, dealerships and employees, as well as the public and regulators.”
Paradigm Flow Services has gained certification for a new addition to its line of products. The company said it had received DNV GL certification for its Dry-Flo deluge system testing technology. The system has been qualified in accordance with DNV-DSS-401 technology qualification management.
Real Energy said a director has resigned from his position with the company. Michael Mager will leave his role with the Australian firm with immediate effect. Earlier this week AWE Limited announced its chief executive would be stepping down from his role.
The governor of Fujian province in has been placed under investigation by Chinese authorities on suspicion of “serious disciplinary violations”. The move has been made by China’s anti-graft watchdog against Su Shulin who has been governor since 2011 and was formerly chairman of Sinopec.
AWE Limited’s chief executive will step down next year after more than five years in the top job with the company. The firm said a new search has already begun to find Bruce Clement’s successor to the role. Chairman of the firm Bruce Phillips paid tribute to Clement for his leadership in “reshaping” the company into a more “diversified oil and gas producer”.
IMES Marine Safety Systems (IMES MMS) has invested £250,000 in upgrading its quayside facility at Montrose Port. The company, has been leasing the site from the Montrose Port Authority (MPA), has opened a new workshop and warehousing facility in a bid to increase its customer coverage. The 20,000 square foot quayside facility will allow IMES MMS to provide support vessels for lifesaving equipment inspections combined with lifting inspection and testing, marine inspectionsm and winch spooling operations.
Deck machinery specialist Ace Winches has welcomed a delegation from Singapore to its Towie Barclay Works facility in Aberdeenshire.
Scores of offshore workers are among more than 22,000 applicants for just 100 train driver jobs across Scotland.
As Norway prepares to make the first withdrawals from its $820 billion wealth fund, the government is considering letting it take on riskier investments. The Finance Ministry is looking into whether to boost the fund’s stock allocation to beyond 60 percent as the investor struggles with record low bond yields. The government is forming a panel to assess the impact of changing the limit that will report back in 2017.
Volkswagen is to halt delivery of its 2016 Jetta, Golf, Passat and Beetle diesel cars in the US - raising speculation that the emissions-cheating device similar to those in earlier models is also in its new vehicles.
An Aberdeen engineer, made redundant during the recent oil industry contraction, has decided to return to further education as the sector confronts a new reality.