UK Government reject Swansea tidal lagoon project
The Government has refused to back a “world first” tidal lagoon project to generate clean energy from the tides on cost grounds.
The Government has refused to back a “world first” tidal lagoon project to generate clean energy from the tides on cost grounds.
Oil giant Shell said today that it will invest in the Fram gas and condensate field in the UK North Sea.
The former deputy chair of the competitions commission who recommended an energy price cap is the preferred candidate to take the reins at Ofgem.
Wind farm developer Vattenfall will outline the potential supply chain opportunities to UK Subsea companies tomorrow as part of the Aberdeen Offshore Wind Farm project hook up.
Energy giant Equinor has stuck a deal with IKM Subsea for the provision of ROV inspection services, project management, planning and engineering services.
Saudi Aramco revealed today that his firm has spare capacity to the tune of two million extra barrels of oil per day.
African Petroleum said today that it had been unable to resolve a dispute with Senegal over two petroleum sharing contracts.
Engineering consultancy Atkins has clinched a five-year framework contract to provide riser analysis services for BP.
BP has awarded Fife-based contractor Briggs Marine a three-year contract worth more than £3 million ($4m).
Oil giant Total’s attempt to justify planned offshore rota changes was “arrogant, cynical and patronising”, a union boss has said.
International law firm Pinsent Masons has reported increased global turnover by 6% to £449.8 million.
Big Oil’s fortunes are becoming tied more closely to natural gas than ever before.
The world’s two most important oil benchmarks are behaving very differently in the aftermath of OPEC’s meeting in Vienna.
It appears I spoke too soon in my October 2017 blog on the announcement by the Minister for Business, Innovation and Energy that the Scottish Government’s moratorium on unconventional oil and gas development (“UOGD”) (usually referred to as ‘fracking’) which was imposed in 2015 would be extended into a permanent ban.
Canadian authorities said drilling was suspended on a well off the east coast following an unauthorised discharge of synthetic based drilling mud (SBM).
Scottish communications firm Big Partnership has reported its best-ever year with employees set to receive a share of a £250,000 bonus pot.
Energean Oil and Gas said today that it will drill an exploration well in the Karish North prospect, offshore Israel, in the first quarter of 2019.
Oil firm Trinity Exploration and Production has conditionally raised £13.7 million through the placement of new shares.
London-listed Soco International has struck a deal to sell its assets in Congo for $10 million.
Columbus Energy Resources said today that it had signed a sale and purchase agreement to buy out its partner's share in the Icacos field, onshore Trinidad.
An agreement to boost global oil production may provide a cash boost to the North Sea, according to a leading analyst.
Wick harbour bosses have been dealt a blow after Fraserburgh was chosen to become the operations and maintenance base of Moray Offshore Renewables Ltd (MORL).
EY’s latest attractiveness survey reveals that foreign direct investment (FDI) into Scotland is up 7 per cent - a faster rate of growth than in the UK as a whole.
Uncertainty in the global oil market was “substantially” reduced following Opec's meeting.
These may seem like uncertain times for your finances.