Repsol-Sinopec looking to Montrose project for upturn in fortunes
Repsol Sinopec Resources UK (RSRUK) is looking forward to reaping the rewards of a major North Sea investment by delivering further reductions in lifting costs.
Repsol Sinopec Resources UK (RSRUK) is looking forward to reaping the rewards of a major North Sea investment by delivering further reductions in lifting costs.
Indian sailors stranded in Aberdeen harbour have said the end of their 15 month ordeal is within sight after a major legal ruling.
The Buchan Alpha oil production vessel has been towed to the north-east of Lerwick Harbour ahead of scrapping.
Taqa's UK operation has a $1billion contingency plan for North Sea decommissioning.
A pick-up in the UK's industrial output in June was marred by a slump in car production and a fall in construction as the economy continued to stutter.
Maersk Oil has been reported to police over a discharge of chemicals in the North Sea.
A fledgling North Sea decommissioning firm has moved quickly to complete its first acquisition.
Jersey Oil and Gas could scarcely have dreamt that the farm-out process for the North Sea Verbier prospect would go so smoothly.
Gunthar Newcombe wants to dispel North Sea myths – and he’s not talking about mermaids and other water dwelling kelpies.
Aberdeen-based firm Parkmead Group has completed a deal to buy Verus Petroleum out of a North Sea licence.
RockRose Energy’s boss has said he wants to turn the North Sea player into a firm capable of developing assets, rather than just buying up non-operated interests.
Oil and gas majors have pulled off a strong recovery in the 12 months to June 30, and further improvements will follow in the second half of 2017, a Moody’s oil analyst said.
A group of former North Sea oil workers will embark on teaching careers this month after ditching black gold for blackboards.
The Oil and Gas Authority (OGA) had made another seven blocks available in the 30th North Sea bidding round.
A group of North Sea stalwarts have set up a business which will take the sting out of subsea well decommissioning costs – and create hundreds of jobs.
US oil firm Apache said yesterday that its North Sea Callater project had started producing early and under budget.
US oil firm Apache said today that its North Sea Callater project had started producing early and under budget.
RockRose this morning confirmed plans to acquire Sojitz Energy Project Limited from Sojitz Corporation, a Japanese firm.
PanGeo Subsea has been contracted to undertake an unexploded ordinance survey (UXO) for an unknown Scottish North Sea windfarm project.
BP said yesterday that it had returned to the black in a first half of 2017 marked by production start-up from the Quad 204 project, west of Shetland.
BP notched up second quarter pre-tax profits of £700million, rebounding from a £2.5billion loss a year ago.
Norway has given Aker BP permission to have a wildcat well drilled on the North Sea Hyrokkin field.
Work on the Beatrice wind farm project in the outer Moray Firth helped Subsea 7 to a small upturn in profits in the second quarter of 2017.
Aberdeen firm Faroe Petroleum has upgraded reserve estimates for the Brasse field following the drilling of a sidetrack well.
Big Oil is starting to beat the crude-market slump as the industry rediscovers how to make money at lower prices.