Update: Rungne well a ‘disappointment’ for Faroe Petroleum
Aberdeen-headquartered oil firm Faroe Petroleum suffered disappointment with its latest exploration well in Norway.
Aberdeen-headquartered oil firm Faroe Petroleum suffered disappointment with its latest exploration well in Norway.
A new programme is being launched by Robert Gordon University to accelerate the growth of supply chain firms in the energy sector.
The UK oil industry’s regulator said today that it was “encouraged” by the response to the latest North Sea frontier licensing round.
Aberdeen University has teamed up with Norwegian energy giant Equinor to offer a new scholarship for students on its MSc Integrated Petroleum Geoscience programme.
The International Energy Agency welcomed the oil market’s return to surplus as OPEC’s production surge swells global stockpiles and drives prices into a bear market.
OPEC and allied oil producers will cut or adjust production as needed to balance the market, the group’s president, United Arab Emirates Energy Minister Suhail Al Mazrouei, said Wednesday.
Drilling waste management firm TWMA has hired Mohamed Galal as director for the Middle East and North Africa (MENA) region.
Scottish-American oil firm Ziyen has produced oil for the first time and is now officially classified as an operator in the US.
Oil’s record losing streak has plunged prices into a bear market and is reverberating around the globe, with the mayhem rattling everyone from bond traders to political leaders and fund managers.
Energy giant SSE has admitted there is "some uncertainty" that its merger with rival npower will go ahead after the pair delayed the tie-up due to the incoming cap on default tariff prices.
Energy accreditation and consultancy firm DNV GL has appointed Neil Fraser as its new decommissioning lead.
Global engineering management firm Penspen has been awarded a £54 million deal by Abu Dhabi National Oil Company (Adnoc) Onshore.
Stonehaven-based Whittaker Engineering reported a 53% jump in turnover as the recovery of the oil and gas sector continued last year.
Oil was showing little sign of recovering from its unprecedented decline as investors flee a market hammered by swelling supplies and a darkening demand outlook.
Keeping old oil and gas platforms in place could be a “triple win” for the North Sea, creating a fresh wave of employment, according to a conservationist group.
Financially struggling General Electric has struck a deal to start selling its ownership of Houston's Baker Hughes sooner than expected.
Energy worker's union GMB has warned of a potential UK heating crisis due to "inadequate" gas storage facilities.
North Sea explorer Jersey Oil & Gas has appointed a new chief financial officer.
A “real crisis” exists in Scottish entrepreneurial education, the head of a north-east business school said yesterday.
The site of the former Underwater Centre could be salvaged through a new "concept" thanks to efforts by Highlands and Islands Enterprise (HIE).
New figures show only 6% of Scottish Government-supported modern apprentices (MAs) in the engineering and energy-related industries are female.
Energy services firm TechnipFMC has signed a surface technologies frame agreement with Chevron.
A trade body has made a £350,000 funding pledge to raise awareness of mental health issues in the UK’s engineering construction sector.
A total of £34.3billion-worth of merger and acquisition deals were carried out in upstream oil and gas in the third quarter of the year.
Moray Council has moved to officially object to proposals to expand a wind farm on Speyside – but backed the giant Moray West offshore plan.