Neptune Energy’s UK boss said on Tuesday that talk of the North Sea oil and gas industry being wiped out by a collapse in crude prices is premature.
Apache is the latest in a growing list operators to confirm it is taking measures to prevent the spread of the coronavirus in the North Sea.
Flights have been resumed to one of the UK’s largest gas fields after a worker suspected to have coronavirus was taken to shore.
Several North Sea operators are reducing offshore crews on their UK platforms in a bid to prevent the spread of the coronavirus outbreak.
The last time crude prices crashed in 2014, the North Sea looked like a treasure trove for private equity looking to buy cheap assets, build them up and sell for a profit. Now, just as these firms are seeking an exit, the oil-price war might leave them trapped
Aberdeen-headquartered energy services firm Asco has been awarded a North Sea deal worth more than £100million with operator CNOOC.
Aberdeen occupational health firm International SOS has seen its fair share of M&A activity over the years.
As with all commodities, the impact of the novel coronavirus (2019-nCoV) on Chinese gas demand will depend on both the severity and length of time required to contain the outbreak.
Two of Europe’s biggest energy companies rejected a Chinese force majeure on liquefied natural gas contracts in the latest twist to a drama that’s gripping global commodities markets.
A former astronaut and engineer from Nasa is coming to Aberdeen in March.
ExxonMobil has increased its estimated recoverable resources in Guyana by two billion barrels after a hot streak of discoveries at the prolific Stabroek block.
Siccar Point Energy Ltd., the North Sea oil producer backed by Blackstone Group Inc., has received final bids from suitors including Chrysaor Holdings Ltd. and Equinor ASA, people with knowledge of the matter said.
Exxon Mobil led the way with new finds off the coasts of Guyana and Cyprus as global oil and gas discoveries in 2019 hit a four-year high, according to a new report.
A government report has revealed CNOOC was the biggest tax spender in the North Sea last year while energy giant Shell paid the least on balance after a reimbursement.
Subsea 7 has announced it has secured a "sizable" contract with Cnooc International in the South China Sea.
Tensions over new tax changes to offshore contractors arose yesterday as Cnooc International became one of the first North Sea firms to roll out its new off-payroll working rules.
Chinese firm Cnooc has taken up an option for a Maersk rig to drill an additional infill well on its huge Buzzard field in the UK North Sea.
China’s CNOOC Ltd has signed up to explore two blocks in Gabon, the 11th contract signed since the country brought in its new hydrocarbon code.
An Aberdeen-based energy consultancy has strengthened its well management team following a number of major contract wins for the firm.
Senegal has launched its licence round the Africa Oil Week conference in South Africa, although it faces criticism from one company for offering a disputed block.
An industry body will warn there is “much more to be done” to prevent major leaks in the North Sea at an Aberdeen conference later.
The UK’s largest-producing oil field has once again been restarted after it was shut down for the second time in a month.
Chinese firm Cnooc has confirmed that its Howick exploration well located west of Shetland was a duster.
The North Sea's largest-producing oil field has been shut down for the second time in a month after a pipework repair was found to be “compromised”.
A new conference has been announced which will focus on the most pressing health and safety issues in the North Sea.