Marubeni Corp. could all but exit the UK North Sea as it looks to sell its main oil and gas fields in the region, according to people with knowledge of the matter.
Repsol Sinopec Resources UK (RSRUK) has said it expects to make a final investment decision (FID) on a new infill project at its Montrose field next year.
Baker Hughes has said it remains “intensely focussed" on improving its "margin and return profile" as it stayed deep in the red in the third quarter.
A group of Angus fisherman have caused a change of plans for a £3 billion offshore wind development.
Ambitious plans have been revealed for a £500 million Montrose development which could bring 2,000 new jobs to Angus.
The jobs of 100 seafarers have been safeguarded after BP agreed a contract extension with Vroon Offshore Services (VOS) worth around £30million.
Montrose Port Authority has appointed a new chief executive as it works to strengthen its services for the oil and gas and general cargo markets.
Bosses at Baker Hughes, a GE company have hailed a "solid" second quarter marked by the opening of its subsea centre of excellence in Montrose, Scotland.
Repsol Sinopec Resources UK (RSRUK) has hailed an “outstanding” 2018 after tripling pre-tax profits to more than £1.3billion.
A £31 million base that will put the north-east of Scotland at the forefront of subsea oil and gas technology development and training was officially unveiled yesterday.
First Minister Nicola Sturgeon said the investment in BHGE’s centre of excellence would not have been made without the proven track record of Scotland’s oil and gas supply chain workforce.
Energy services giant Baker Hughes, a GE company (BHGE) opened its £31 million centre of excellence in Montrose this morning.
The world’s largest anchor chain inspection company is expanding its Angus operation.
Respsol Sinopec Resources UK (RSRUK) has announced plans to recover an additional 10million barrels of oil equivalent (boe) from its North Sea assets.
Angus is open for business with successful international, national and local businesses choosing to invest in the region, providing a strong and exciting economy, supported by a skilled, flexible and motivated workforce with an envious quality of life.
Setting up shop away from traditional industrial centres can help companies bridge the talent gap during an upcycle, an oil industry chief has said.
Performance has “never been better” at Repsol Sinopec Resources UK (RSRUK), the joint venture’s chief executive said.
A North Sea oil company managed to save £61 million in one year by improving communication between onshore and offshore teams to cut unplanned downtime.
Oil service giant Baker Hughes GE (BHGE) has said its new £31million centre of excellence at Montrose will help maintain a “knowledge bank” in the north-east at a time when the threat of skills shortages is growing.
A £31 million investment in a north-east manufacturing base will deliver a massive boost to the region’s subsea sector, an industry chief said yesterday.
A Scottish Government fund for helping the country secure decommissioning work has awarded £1.1million worth of backing to six ports.
Spanish oil firm Repsol said today that production from North Sea assets had boosted its third quarter profits.
International oilfield service firm Hunting closed one of its distribution centres in Scotland in the first half of 2017.
After extensive investigations, Respol Sinopec had found no evidence of a North Sea oil leak.
Respol Sinopec is expected to resume investigations today after a supply boat vessel spotted an oil sheen near its Montrose Alpha and Arbroath platforms in the UKCS North Sea.