‘UK powerhouse’: Ithaca Energy confirms North Sea combination with Italian oil giant Eni
The combined UK group will produce over 100,000 barrels per day with a market cap of around £2bn.
The combined UK group will produce over 100,000 barrels per day with a market cap of around £2bn.
Valaris (NYSE: VAL) has mobilised its 123 jack-up rig for work with Ithaca Energy, Shell and TAQA in the North Sea which could keep it busy for the next two years.
Adnoc is expected to make a final investment decision on the Ruwais LNG export project as soon as next month.
Kistos (LSE: KIST) has acquired a 100% stake in EDF Energy's gas storage company, resulting in the firm picking up two UK storage sites.
Equinor is paying women more than men on average with other operators like CNR International and Perenco falling well below the UK gender pay gap average.
Norwegian oil and gas firm Aker BP (OSE:AKRBP) has announced the start up of production from the Hanz development in the North Sea.
Galp estimates reserves at the Mopane field in Namibia could be as high as 10 billion barrels of oil equivalent or higher.
BP Plc declined to boost defined benefit payments to retired UK workers by an extra 2% this year, saying that its pension payouts have already been outpacing inflation over the past decade.
Aviation authorities have issued an emergency airworthiness directive relating to the Leonardo AW139 helicopter used in North Sea offshore operations.
A report published by the Energy Council has suggested that the North Sea Transition Authority (NSTA) would need a 'fundamental reimagining' under a potential Labour government.
After seven years at Pittodrie, former Dons star Shay Logan has been spending time kicking off "Brae Alpha's got talent" on a North Sea oil rig.
COSL’s semisubmersible oil rig COSLPioneer has arrived at CNOOC’s (TSX: CNU) Ettrick field to perform a five-well plug and abandonment campaign.
TAQA is looking for a solution to a big challenge in the removal and disposal of its three-legged Harding platform in the North Sea.
The Scottish Government likes the idea of getting into bed with Hyundai Heavy Industries (HHI) to drive the development and mass manufacture of floating offshore wind turbines, initially for deployment in Scottish waters.
The Fyne oil field, which is being developed by Rapid Oil, Ping Petroleum and Hibiscus Petroleum, has moved from the assessment phase into the authorisation phase.
A UK judge said he was “horrified” by the cost of a plan to restructure a McDermott firm that is in debt as the group was "on the verge of collapse."
Aberdeenshire-headquartered consultancy Vysus Group has appointed a new chief executive officer as part of a leadership restructure.
BP (LON:BP) has shuffled its executive management, cutting the leadership team from eleven position to ten and promoting two people in an organisational overhaul.
The North Sea Transition Authority (NSTA) has fined NEO Energy £100,000 breaching its combined vent consent for the Donan/Dumbarton, Lochranza and Balloch fields.
Oil and gas service provider Petrofac (LON:PFC) has secured a $350 million contract with the national oil company of Equatorial Guinea.
Investors in French oil major TotalEnergies (LON: TTE) will call for the division of the role of CEO and chairperson of the company, claiming this could speed up its transition towards clean energy.
Step Change in Safety is set to launch its Process Safety Workforce Survey during an Aberdeen event.
The CEO of a North Sea gas company has said his team was “days away” from issuing key contracts when Labour’s promise of a “proper windfall tax” sparked job cuts.
Chevron Corp.’s (NYSE:CVX) venture arm launched a fund — its third — with a $500 million commitment to invest in clean energy technologies.
Companies including Eni, Shell, ExxonMobil and TotalEnergies invested close to $55 billion to develop Kashagan