North Star’s turnover was down ahead of sale by Craig Group
Turnover for Craig Group’s emergency response business dropped nearly 20% in the financial year before its sale to international investors.
Turnover for Craig Group’s emergency response business dropped nearly 20% in the financial year before its sale to international investors.
Oil firm RockRose Energy said today that its shares will be re-admitted to trading in the "next couple of weeks".
Two vessels were damaged following a “low energy collision” in the North Sea.
Repsol Sinopec Resources UK (RSRUK) confirmed yesterday that the Montrose Alpha platform will be partially down-manned due to a blocked drain.
North Sea oil and gas operator Serica Energy has confirmed that production from the Erskine field has restarted after a damaged pipeline halted operations in December.
Whilst market conditions continue to be challenging, we are in a much stronger position than this this time last year. We have experienced steady trading throughout 2017, both in the North Sea and internationally although margins are tighter than they have ever been.
The North Sea’s oil rigs could be transformed into nightclubs, prisons, hotels and distilleries in the future, according to a new report.
Nexen today became the latest company to confirm that production had restarted from its fields served by the Forties pipeline.
About 70 North Sea jobs have been safeguarded by a £35million investment in an oil field whose days looked numbered as recently as one year ago.
The year has been defined by the improvements – small and large – the North Sea industry has made it through the downturn. Okay, expectations are lower after some very tough times – but there are reasons to look back with pride. Oil companies, the supply chain and the authorities have all risen to the challenge to feed some notable successes.
A year ago, I likened the dynamic of the oil and gas industry to the migration of elephants. You couldn’t see them, but you could hear the sound of the herd approaching. They might not yet have made it to our back garden, but they are getting closer. As 2017 comes to a close, the outlook for North Sea oil and gas remains mixed, but I am cautiously confident about 2018.
Forties pipeline operator Ineos has announced that it has started pressure testing on the structure.
Premier Oil said today that it had reached first oil from the Catcher area in the North Sea.
Watch as a collection of offshore rigs and ships do battle with the awesome force of the North Sea. It’s hard enough to watch the stomach-churning compilation, nevermind actually having to work there. See what offshore workers have to often endure when under the cosh of the North Sea.
Oil firm Siccar Point Energy has applied to the UK Government for permission to drill the Lyon well west of Shetland.
North Sea oil firm RockRose Energy today confirmed the completion of two acquisitions.
Independent Oil and Gas (IOG) said today that it had wrapped up talks with creditors over debts built up on a drilling campaign east of Shetland.
The Scottish Government has said the North Sea oil industry’s skills base can help overcome obstacles in the way of its charge to a low carbon future.
Scotland’s transport minister has yet to decide whether to support calls for an independent public inquiry into North Sea helicopter safety.
These pictures show the continued work underway to repair the crack in the Forties pipeline.
Oilfield service firm Expro said yesterday that its decision to file for bankruptcy in the US would not impact its 600-strong workforce in the north-east of Scotland.
Petrochemicals giant Ineos said today that it was making "steady progress" in its efforts to fix the Forties pipeline.
Energy service firm Subsea 7 has netted two contracts with Aker BP for projects in the Norwegian North Sea.
Independent Oil and Gas (IOG) said today that the licence for its Blythe discovery in the North Sea had been extended by a year.
The Oil and Gas Authority (OGA) has revealed that North Sea producers cut their operating costs (opex) by about 14% last year.