The oil and gas industry has welcomed the new UK government as it looks ahead to a “transformational” sector deal and braces for tax changes for thousands of contractors.
With a decommissioning bill currently estimated at around £50 billion for the UKCS alone, the pressure is on to get the job done for even less – and smarter.
Stunning footage has been captured of a critically endangered shark swimming at a gas field in the UK North Sea.
A rule placing liability on operators for any post-decommissioning incidents could be a “key part” of the Shell Brent debate, according to a petroleum economist.
The oil and gas industry currently finds itself in a situation which is far from comfortable.
Norwegian energy giant Equinor said yesterday it was following the next Scottish North Sea offshore wind leasing round “very closely”.
The oil price spike caused by a drone attack on a major Saudi processing facility will provide a welcome − but short-lived − boost to North Sea revenues, a prominent petroleum economist has said.
A new joint project in the north-east of Scotland is looking to unlock a "treasure trove" of big data in the North Sea oil and gas sector.
Aberdeen’s destiny as a global energy capital of the 21st Century is very much in its own hands. But to fulfil this destiny it must heed the lessons of history.
The Oil and Gas Innnovation Centre (OGIC) has joined forces with Aberdeen University to develop £1.3million of new offshore drilling technologies.
The North Sea energy industry could recover another two billion barrels of oil if operators can collaborate on untapped discoveries, according to a new study.
Dozens of girls from schools throughout the UK are in Aberdeen for a conference designed to attract more young women into engineering careers.
A handful of firms have been awarded blocks in a specific offshore licensing round to develop the Greater Buchan Area in the North Sea.
Students from Aberdeen University scooped a prestigious electric car award over the weekend, despite being first-time competitors at the Shell Eco-marathon in London.
Aberdeen University showcased its pioneering work in carbon capture technology when it hosted a delegation of US Senators earlier this week.
A new resource for quickly upskilling new recruits to the oil and gas sector is getting better and better, and even better.
Higher crude prices should encourage North Sea oil companies to dial down the caution and bring forward more new projects, a prominent petro-economist said yesterday.
The UK Government has agreed to pay up to £400million in oil and gas decommissioning relief to one of Japan’s largest trading companies.
The Decommissioning Relief Deed dates back to a statement by the then Chancellor of the Exchequer, George Osborne, in September 2013.
Aberdeen University has responded after an electric vehicle project it worked on was mocked by presenters on The Grand Tour.
CHC helicopters and Aberdeen University have won a £54,000 grant for a research project into the psychological factors influencing flight safety.
North Sea volcanoes previously thought to contain magma could actually contain oil and gas reserves, academics have claimed.
Aberdeen University has announced plans to “export its expertise in teaching and research” by creating a new £100 million campus in the Middle East.
Last week I was proud to represent the University at the opening of the National Decommissioning Centre, a long-term £38m partnership between the University and the Oil & Gas Technology Centre.
A new research base with the tools to transform the UK into a global leader in oilfield demolition has opened in a tiny Aberdeenshire village.