Jersey raising £20m to help fund Verbier programme
North Sea minnow Jersey Oil and Gas said today that it would raise £20million through an equity placement.
North Sea minnow Jersey Oil and Gas said today that it would raise £20million through an equity placement.
US oil major Chevron is pressing ahead with a ground-breaking project which will breathe new life into its billion-barrel Captain field in the North Sea.
The lessons learned by a group of oil majors in their quest to improve North Sea production have been published today.
Oilfield service giant TechnipFMC has struck a deal to buy Plexus Holdings’ Aberdeen-based “jack-up business” for up to £42.5million.
RockRose Energy has continued its buy-in streak into the North Sea.
The number of people looking for work across the north-east has fallen year-on-year as jobs start to slowly emerge in the oil and gas industry.
Norwegian energy giant Statoil said today that it is carrying out an investigation into a fire on one of its North Sea platforms.
Norwegian energy giant Statoil said today that it is carrying out an investigation into a fire on one of its North Sea platforms.
The U.K. oil and gas industry faces a faster decline if Prime Minister Theresa May fails to agree to a trade deal with the European Union, as restrictions on the movement of workers and equipment would increase costs.
The U.K. oil and gas industry faces a faster decline if Prime Minister Theresa May fails to agree to a trade deal with the European Union, as restrictions on the movement of workers and equipment would increase costs.
Norway’s offshore safety watchdog has given Statoil permission to drill an exploration well in the North Sea. Drilling of the Tune Statfjord prospect on production licence 190 is expected to start in November and last about 100 days. Deepsea Atlantic semi-submersible rig, operated by Odfjell Drilling, will be used on the drilling campaign.
Independent Oil and Gas (IOG) chief executive, Mark Routh, said the firm was "vindicated" after a new report boosted the firm's reserves potential in the Southern North Sea.
As crude oil gushes out of the U.S. like never before, it looks increasingly like North Sea oil will suffer collateral damage.
WorleyParsons today confirmed it had successfully raised the funds to complete its takeover of Amec Foster Wheeler’s North Sea business.
Add Energy has won a North Sea technology deal.
Statoil this morning confirmed a UK North Sea discovery.
UK
Maersk Oil has shed 140 jobs in the past year, according to its latest financial report.
North Sea operator Apache North Sea (ANS) enjoyed a near £331million boost to its balance sheet after the UK Government cut taxes on the industry during last year.
Aberdeen Seacroft Marine has launched a bid to raise awareness of the 500m safety zone offshore.
Wood Group has spent the past two years de-branding itself, shedding its layers like an onion.
AkerBP's latest wildcat successful uncovered a North Sea discovery.
Nicola Sturgeon has hailed the opening of an innovation hub for the oil and gas industry as a “real milestone” in its recovery.
i3 Energy today confirmed it had submitted plans for its North Sea Liberator field.
Helicopter operator NHV has beefed up its Aberdeen headcount after being chosen as the company's maintenance base for H175 aircraft.