ASCO said it will divest the majority of the company's non oil and gas-related waste services following a strategic review.
Oil workers came to the rescue when an owl crash-landed on an offshore platform in the North Sea.
A Scottish technology company, which has developed pioneering new technology to help flush out fish bombers who damage endangered coral reefs in Malaysia, is set to feature in a documentary programme.
Wood Group has announced that Robbie Brown will step down from his roles as general counsel and company secretary at the end of the year.
The UK performs the worst overall of 16 European countries on housing and fuel poverty indicators, according to a study.
Steel workers will lobby MPs today as part of growing demands for Government action to tackle the crisis in their industry.
Logistics specialist Peterson has appointed Chris Coull as regional director.
Vantage Drilling said its subsidiary will be reducing it headcount at a site in the Gulf of Mexico in a bid to streamline costs. The company said around 135 employees faced losing their jobs with the first round of cuts already started.
An appeal has been made by the Turkish state gas importer Botas to the International Chamber of Commerce in a bid to resolve a row over the price of gas from Russia. The move has been made after the two countries failed to sign an deal. Earlier this year Turkey said it had obtained a 10.25% price discount on the 28-30 billion cubic metres (bcm) of gas it buys from Russia each year but the two sides have been at loggerheads over the deal for months.
A high-tech centre that helps train the next generation of mariners has been become the first of its kind in the Arab world to introduce a new simulator for operators to obtain offshore crane training.
The UK Government's Energy Minister is to be quizzed on the Government’s view on the current level of cooperation in the North Sea as part of a Lord's committee hearing tomorrow.
A man has been evacuated from a North Sea oil rig after falling ill.
A freedom of information request (FOI) by environmental group Greenpeace has shown the amount of investment by energy companies at some UK universities topping more than £20million.
A pipeline to America’s largest crude-oil hub is about to find itself in an unfamiliar position: not full. One of the main pipelines that carries crude to Cushing, Oklahoma, will run at less than capacity in December for the first time in nearly two and a half years. The drop in supply coincides with the opening of a pipeline to Quebec, giving shippers the option of diverting some oil from the middle of the U.S. “There will be less light sweet crude available to make its way to Cushing,” said Andy Lipow, president of Lipow Oil Associates LLC in Houston. “There’s going to be some significant rebalancing of where oil flows in North America.”
The number of Scottish firms going out of business has fallen to pre-recession levels.
Kongsberg Maritime has released its latest K-Sim Cargo simulator model, SCC-II, based on a Suezmax crude oil carrier.
The Government has been accused of trying to “sneak through the back door of parliament” regulations that could lead to fracking in protected areas.
Protesters say they have shut down an opencast coal mine on land belonging to Conservative peer and climate sceptic Viscount Ridley. Campaigners calling themselves “Matt Ridley’s Conscience” have occupied one of the diggers at Shotton surface mine, in Cramlington, Northumberland on Viscount Ridley’s Blagdon Estate. The group, a mix of local campaigners and protesters from across the UK, have also formed a protest blocking the road, locking their arms into red arm tubes as part of a protest calling for an end to coal mining to protect the climate.
Thousands more steel jobs could be lost if action is not taken to tackle the threats facing the industry’s “vulnerable” supply chain, the Government is being warned. The International Steel Trade Association (Ista) said scores of medium sized firms were at risk if the crisis gripping the industry escalates. Thousands of job losses have been announced in recent weeks by Tata Steel and SSI in Redcar, Scunthorpe and Scotland, with cheap imports and high energy costs being blamed.
Transocean has reached an agreement with the state of Alabama for a $20million settlement following the 2010 Deepwater Horizon disaster. The decision was announced earlier this month by Governor Robert Bentley who said the region had suffered “tremendous” losses since the spill five years ago. He said the agreement with Transocean was a “positive” step forward as the state continued to recover.
Canadian housing starts will decline in the next two years on a weaker economy and with builders seeking to avoid oversupply, the federal housing agency said. The pace of work on new homes will fall to 178,150 units in 2016 from 186,900 this year, Canada Mortgage & Housing Corp. said Monday from Ottawa, and again to 173,650 units in 2017.
Unique Group, the subsea and offshore services company, has acquired Oceanwide Safety at Sea for an undisclosed sum.
Testing and inspection specialist Intertek has acquired US-based MT Group, giving the company closer access to the US high-growth construction markets.
Power company APR Energy has agreed a takeover by a consortium in a £165million deal.
Floating wind turbine technology is well placed to help oil and gas operators reduce the cost of recovery from reservoirs using water injection, according to an industry expert. A new joint industry project - Win Win - being led by DNV GL, has brought together oil majors including ExxonMobil, ENI, Statoil, Nexen and VNG to share knowledge and pursue water injection in subsea reservoirs delivered by wind-power rather than traditional gas turbines. The technology is seen as being cost-efficient, able to reduce an oil platform's carbon footprint and offers opportunities for one turbine to be used on multiple wells.