Rig contractor Ensco has revealed that three "independent advisory firms" urged its shareholders vote for the merger with rival firm Rowan.
It’s never ideal if you own a fleet of crude tankers and the world’s oil producers remove millions of barrels of cargo from the market to avert a glut. Nor is a collapse in charter rates normally the best news.
The director of a UK energy trade body has said her organisation is "hoping" for an Offshore Wind Sector Deal conclusion in the first quarter of 2019.
US oil firm Apache Corporation has said that it is planning "lower activity" across its business in 2019.
SSE has cut its earnings outlook, lost another 240,000 customers and said it is assessing options for its retail arm following the collapse of a merger with rival npower.
Aker Solutions has seen its income almost double in the last year on the back of higher revenues and an expanding order book.
Cluff Natural Resources (CLNR) has announced it will farm-out a southern North Sea licence to Shell, with the possibility of an agreement on a second.
A top deal-maker for North Sea firms has called for an end to commercial behaviours which are “extremely damaging” for the industry.
Organisers of the Subsea Expo yesterday toasted record attendance as the leading industry conference came to a close.
The Health and Safety Executive (HSE) has warned Teekay following a "significant" propane leak on the Petrojarl Foinaven vessel.
Serica Energy has confirmed it is preparing to go to tender for key items for its North Sea Columbus development.
“Focus” is the mantra at Serica Energy’s new office in Aberdeen and it’s the word that chief executive Mitch Flegg keeps coming back to.
The boss at an Aberdeen energy service firm is targeting another year of strong turnover growth after seeing investments “pay off”.
Shell said it “has its eye” on more tie-back opportunities for its central North Sea gas hub.
Why not “A Common Understanding”? Well, because when it comes to cost sharing, a common understanding is all too rare.
The crude market had its worst quarter in four years but you wouldn’t be able to tell by looking at Big Oil’s stellar earnings numbers.
Nigeria is the largest economy in Africa and one of the most popular sub-Saharan states to have received foreign investment from European, US and Chinese investors over recent years. It is one of the world’s larger oil producing countries, with daily production of nearly two million barrels, more than twice that of the UK. It has been a member of the Organisation of Petroleum Exporting Countries (OPEC) since 1971.
The achievements of a group of mentors and their mentees in the oil and gas industry have been celebrated at an awards ceremony in Aberdeen.
Westwood Global Energy reports that at the end of January three exploration wells were drilling on the UKCS: one in the northern North Sea and two in the central North Sea.
Students from across the north-east got firsthand experience of working in the energy subsea sector yesterday.
It is a well-proven maxim that discovering oil can be more of a curse than a blessing and nowhere on the face of the Earth offers better testimony to that than Venezuela, now in the throes of political upheaval.