Saudi Aramco has signed a £52.2billion deal to acquire a majority stake in petrochemicals firm Sabic from the country’s sovereign wealth fund.
The chief executive of oilfield services firm Archer has stood down.
A “natural decline” in production and unplanned outages halved earnings from Taqa’s European business in 2018.
The Health and Safety Executive (HSE) has warned Teekay following a “major” gas release on the Petrojarl Foinaven FPSO.
Dozens of Petrofac employees on BP platforms in the North Sea have voted to go on strike.
Competing for talent is among the “key challenges” the sector needs to tackle, according to Romain Chambault, European director for oilfield equipment at Baker Hughes GE (BHGE).
An Aberdeen travel firm has reported strong interest from north-east busiensses interested in going to the Offshore Technology Conference (OCT) in the US.
New guidelines have been published to help North Sea operators manage corrosion.
Siccar Point Energy has kicked off its 2019 drilling campaign with the spudding of an exploration well at the Blackrock prospect west of Shetland (WoS).
Aberdeen-headquartered energy services giant Wood saw its total revenues climb to £8.3billion in 2018 amid a “significant year of progress” for the firm.
Rever Offshore has appointed a new chief executive, two months on from dropping the Bibby Offshore brand.
Every few weeks, in a glass-walled office with a picture of an oil platform filling the east side, an unusual conversation takes place.
The chief executive of TechnipFMC took home more than £10m in pay last year for helping the energy services giant realise “synergies” post-merger.
Plans are in place for a joint licensing round to be launched between the Faroe Islands and the UK North Sea.
TechnipFMC has warned of the potential impact Brexit may have on its global operations.
Maersk Drilling has been hit with a safety notice after two stands, weighing 1,300kg each, fell on an offshore rig.
Equinor chief executive Eldar Saetre took home a total of £1.5m in overall pay last year.
As a region, the north east of Scotland is known globally for its innovative company base and as an exporter of a wealth of skill and expertise built up in the offshore energy industry.
A new report has lowered forecasts for UK oil and gas revenues by an average of £600million per year to 2024.
BP has announced a three-year strategy to reduce emissions in the global oil and gas supply chain.
As the CEO of a digital technology business, I frequently get asked what advice I would give to those looking to scale a digital business.
I am not the first of the team here at Return To Scene to write about the palpable buzz of innovation here in the north east of Scotland. As a team we are pretty evangelistic about digitalisation and the role our wee corner of the world is playing in the digital transformation of industry globally.
One of the biggest threats facing the natural gas industry is inside the house.
Cuadrilla and Ineos decided last month that it was time to ramp up the pressure on the UK Government to relax the seismic shocks threshold for their shale gas (and oil) exploration effort onshore.
Arab Spring-style protests have rocked Europe’s third-biggest natural gas supplier. Thousands of young Algerians have taken to the streets, fed up with an octogenarian president who’s been in power for 20 years and a weak economy that doesn’t generate enough jobs. While the rare public display of dissatisfaction has sparked a political crisis in the authoritarian state, the country’s energy exports haven’t been disrupted.