Shell’s Curlew FPSO off to Turkey for scrapping, via Dundee
Oil giant Shell has revealed the vessel for its Curlew field in the North Sea would be taken to Turkey for dismantling.
Climate group accuses Environmental Agency of failure over fracking report
Friends of the Earth claimed the Environment Agency (EA) failed to consider techniques which could reduce the environmental impact of fracking at the energy firm's site in Little Plumpton, Lancashire.
Discussions hit ‘impasse’ on multi-billion pound nuclear power station
Growing fears are being expressed about a planned new nuclear power station after a report that the project is going to be put on hold.
SSE announce completion of £1bn north-east energy link
The construction of a £1 billion north-east energy transmission link has been completed today, SSE Networks(SSEN) has revealed.
New marine services firm to target North Sea oil and renewables projects
A new firm has been launched to "address a gap" in the UK oil and gas and renewables seabed services market.
Winners and losers of offshore spending revival
After four years of cutbacks, oil companies are poised to open their purses again and develop new offshore fields, although the benefits won’t be spread equally across the companies who provide them everything from seismic surveys to pumps and turbines.
Hitachi to halt work on UK nuclear project
Japanese conglomerate Hitachi Ltd. will halt work on a nuclear power project in the U.K. and take a one-time charge as negotiations with the British government over funding stalled, the Nikkei reported. Shares in Tokyo rallied the most in more than two years.
New finance director at marine specialists
Former regional banking chief John Brebner has taken up a new role at Aberdeenshire firm Motive Offshore.
North Sea industry hopes oil settles at $60-70 for longer
Oil prices settling in a sweet spot of $60-70 per barrel would give North Sea firms more confidence to kick on with investment plans, industry experts have said.
M&A deals caught in ‘paralysis’ of oil price uncertainty
Uncertainty created by volatile oil prices “paralysed” a number of North Sea asset deals at the end of 2018, a top energy sector investor said.
‘More oil price upside than downside in the near term,’ observers say
Unpredictability is the only certainty in the world of crude prices. But oil industry observers believe crude prices are more likely to rise than fall over the coming months.
Equinor wraps up Rosebank acquisition
Norwegian energy giant Equinor said today that it had completed a deal to take control of one of the UK North Sea's largest remaining oilfields.
Projects boost for Maritime Developments
Offshore engineering firm Maritime Developments said yesterday it had “milestone projects globally” helping it grow after a few challenging years.
Organisers unveil keynote programme for Offshore Europe
Organisers have unveiled the programme for this year’s SPE Offshore Europe, one of the largest exhibitions in the international oil and gas calendar.
Government refutes union claims on subsidies to idle windfarms
The UK Government has hit back at union claims that British bill payers are footing the bill for idle turbines.
‘Significant obstacles’ identified in bringing digital tech to oil and gas
“Significant obstacles” remain in overcoming "silo mentalities" and bringing digital technologies to oil and gas, according to a new report from EY.
STEM In The Pipeline: A voice from the other end of the tunnel speaks
Imagining a future career can be a tall order for many young people. It’s hard to see yourself as an adult, all grown up, carrying out complex tasks.
Energy bankruptcies fell below 50 filings in 2018
North American oil and gas bankruptcies fell to just 43 filings in 2018, down from 70 a year prior, according to the law firm Haynes and Boone.
Brexit leads to grave fear for future of Scots energy transition
I don’t belong to a political party, and haven’t for a very long time. I always find that at some level they disappoint.
We’ve got the power, let’s think how to store it
The year ended with exciting headlines about wind power having generated more than 100% of Scotland’s electricity requirements on 20 out of 30 days in November.
Data most valuable resource of the oil and gas industry
A year and a half ago, The Economist ran an article entitled “The world’s most valuable resource is no longer oil, but data”.
Iqarus: Supporting medical learning and professional development
For the industry at large, sourcing medics, like many specialist roles, is increasingly a major challenge.
Stoking the fire of innovation in the oil and gas service sector
Like the temperature over the past three months, we have seen a dramatic plunge in the oil price index. So much so, it has left many asking if the oil and gas industry is suffering from a slight touch of winter flu, or, as others perceive, the start of a life-threatening illness.
Fife’s DPS Group adds to staff as it focuses on smart solutions
A Fife industrial instruments firm has unveiled plans to increase its workforce by around 20% in the first quarter of this year.
Oil wells and windfarms part of ‘human global effect’ on wild spaces
Just 5% of the world's land is untouched by human activity, highlighting the importance of conserving areas other than pristine wilderness, a study suggests.