RockRose Energy has lost control of its only operated platforms in the UK North Sea after three partner companies raised “serious concerns” in court about its ability to run the assets.
Trac Oil and Gas’ boss has hailed the return to “sustainable” profit levels for the rope access inspection, repair and maintenance firm after several “challenging” years.
Exploration and production firm EnQuest has closed its offices in Aberdeen city centre today as climate change protestors descended on the Granite City.
UK-based energy explorer Premier Oil can move ahead with its plan to extend debt maturities and buy gas fields in the North Sea, a Scottish court ruled on Wednesday.
The chairman of the Oil and Gas Authority (OGA) has set out four targets for the North Sea industry to meet before a major climate conference comes to Scotland in November.
US oil major Chevron plans to relocate its remaining Aberdeen employees to a prominent Granite City office block.
The effects of the oil downturn have brought the end to a 40-year-old scheme to record sightings of birds and marine life in the North Sea.
It was 10 years after the Piper Alpha disaster that Professor David Alexander carried out an extensive study into the psychological effects of the tragedy on those who survived it.
Premier Oil and its biggest creditor were going head-to-head in court yesterday over the firm’s intention to extend its debts and acquire North Sea assets.
DNO’s hostile takeover of Faroe Petroleum a year ago boosted the Norwegian oil firm’s North Sea production by 17,400 barrels per day (bpd) in 2019.
A boss at Neptune Energy said 2020 was shaping up to be the private-equity-backed firm’s busiest year in the UK North Sea as activity ramps up around key projects.
Neptune’s Cygnus platform is in a prime location to have its emissions cut further by harnessing offshore wind energy, the firm’s UK North Sea interim boss has said.
Australia-based Spark Exploration is aiming to find partners in the first half of this year for its West of Shetland licences, which potentially contain north of a billion barrels of oil.
A Greenpeace climate boss has warned that "increased" North Sea protest action will take place if strong measures on tackling emissions aren’t executed by oil and gas firms.
London-listed oil firm Serica Energy expects to announce its maiden dividend in April following a year of “strong performance”.
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.
EnQuest has submitted plans to decommission a North Sea development and its production vessel less than five years after achieving first oil.
US firm Apache has taken legal action against petrochemicals giant Ineos in a row over the Forties pipeline in the North Sea.
Despite a weakening global economic outlook, I believe we are working in a local business environment of pragmatic optimism. Sustained recovery in the oil and gas sector, technology innovation and diversification activities are contributing to business growth and new employment opportunities.
A former North Sea oil worker has interrupted First Minister’s Questions as part of a demonstration on climate change.
Too many opinions, not enough facts. That’s how Chrysaor chief executive Phil Kirk views the heated debate about the oil and gas sector’s role in the energy transition.
Glacier Energy Services aims to cash in on a “significant ramp up” of North Sea repair and maintenance work.
An oil and gas industry veteran is getting ready to put his “shoulder to the wheel” in the search for funding for his latest North Sea venture.
A top energy consultancy insists there are “bargains” to be had in the UK North Sea in 2020.
Production boost, lower salaries and rota changes see North Sea emerge as ‘cost-cutting power house’
The UK North Sea has emerged as a world leader in cost-cutting thanks to increased production, reduced salaries and rota changes, according to new analysis.