Drilling rig count jumps in Permian, but not in Texas
The number rigs actively drilling for oil spiked yet again in the booming Permian Basin, but not in Texas.
The number rigs actively drilling for oil spiked yet again in the booming Permian Basin, but not in Texas.
Production has restarted at two North Sea fileds after pipework repairs at the connected Sullom Voe Terminal on Shetland.
ran, faced with a possible restoration of U.S. sanctions, came out against higher oil prices, signaling a split with fellow OPEC member Saudi Arabia, which is showing a willingness to keep tightening crude markets.
Aker BP has reported increased profits and production in 2018 with the firm seeing £118 million earnings for the first quarter.
Africa and South America focused oil firm Kosmos Energy has reported a £37 million loss for the first quarter of 2018.
Controversial top secret flights carrying Dounreay’s deadly nuclear waste from Scotland to the USA resumed at the weekend.
A North Sea operator and an Aberdeen-based engineering firm have reported fraudulent recruitment emails going out in their names.
Total SA, the only Western energy major investing in Iran, will lose its stake in the South Pars natural gas field to its Chinese partner if the Paris-based company withdraws from the country, the head of National Iranian Oil Co. said.
A man has been airlifted to Aberdeen Royal Infirmary (ARI) from an offshore platform.
BiFab has announced a fresh wave of redundancies just weeks after a Scottish Government-backed rescue package was unveiled for the troubled firm.
Unite workers on the Mariner platform have overwhelmingly rejected a pay offer from Aker Solutions aimed at ending an ongoing dispute.
U.S. oil rose above $70 a barrel for the first time since November 2014 as traders braced for a re-imposition of U.S. sanctions on Middle East crude producer Iran.
Four mine hunters left their north-east berth at the weekend as they set sail for a new operation clearing explosives from the Baltic seabed.
“You can see that we’re serious about this, can’t you?” said Vince McCarthy, Saipem’s chief operating officer, as we ate lunch aboard the company’s semi-submersible crane vessel moored in Cartagena, Spain.
Aberdeen-based Eserve believes it will make a lasting difference to the oil sector after coming up with a tool which has been described as “the Spotify of asset surveying”.
The Aberdeen, Highlands & Islands branch of the Energy Institute will hear about the need for the UK oil industry to be more disruptive and attack the challenges ahead at its next technical meeting.
Cost cutting has ground to a halt among mid-cap international exploration and production (E&P) companies, but balance sheets have strengthened on the back of rising cashflows, a new report shows.
We are on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another.