Premier Oil boss buys hundreds of shares in company
Premier Oil chief executive Tony Durrant has acquired 312 shares of the firm’s stock.
Premier Oil chief executive Tony Durrant has acquired 312 shares of the firm’s stock.
The head of the new oil and gas regulator has urged companies to do more to bring down production costs - challenging them to get below the industry body’s target of $15 per barrel.
North-east firms will be welcomed into Iran as its huge oil and gas industry seeks foreign support, an expert on the newly opened market said yesterday. Jamie Stark, a partner at law firm Burness Paull specialising in oil and gas services and regulatory compliance, said there were a wealth of new opportunities in the Middle East country as a result of the recent lifting of trade sanctions.
Police have warned the slump in the oil industry could lead to gangsters muscling in on hard-hit Scottish firms. Oil and gas companies have been laying off thousands of workers in the North Sea industry and looking for new deals on contracts.
Hundreds of homes could soon be heated by the freezing waters of the North Sea after an energy project was given a £1.6 million cash boost.
The chief executive of Oil & Gas UK issued a rallying call to the chancellor today for measures in this month’s Budget to prove he has confidence in the future of the beleaguered sector.
An offshore workers has captured footage of incredible waves in the North Sea.
Subsea 7 has won a “sizeable” contract from BP for its assets in the UK North Sea.
Reports of the demise of North Sea oil and gas are greatly exaggerated, the boss of a global technical recruitment company insisted yesterday.
Production from a North Sea platform is expected to resume in the second quarter of the year after it was shut down on Boxing Day.
Marathon Oil Corp., which is joining a slew of U.S. producers selling equity to shore up their finances during the worst market rout in a generation, increased the size of the deal. The stock slid as shares outstanding will rise by about 20 percent.
The managing director of Wood Group’s operations in the UK and Africa said the continent offered “fantastic opportunities” for the North Sea oil and gas industry.
Danish state owned energy company Dong Energy is to reduce its oil and gas headcount by more than a third by the end of the March.
Semco Maritime has won a contract to perform repairs and service the Island Innovator rig.
Oil major BP plans to choose a development solution before the end of the year for its Snadd North and Snadd Outer Skarv field in the North Sea.
US oil and gas firm Apache has hired Harkand to support its drilling campaign on the Nevis South field in the North Sea.
French energy firm Engie, said there was no "specific" plans for an exit from oil and gas activity after it said it would focus on low-carbon activities.
French energy firm Engie, previously GDF Suez, is putting all its oil and gas assets under review as it turns its focus on low-carbon activities.
Am Aberdeen MP has called on the UK government to reduce North Sea oil and gas taxation.
Statoil has made a "minor" gas discovery near the Oseberg field in the North Sea.
Waste management specialist Augean, has acquired a new site to support its North Sea Services business (ANSS).
Politicians have reacted to the Oil and Gas UK Activity Survey, published today.
A North Sea oil platform has been shut down after a gas leak this weekend.
A helicopter bound for a North Sea oil platform had to make an emergency landing after its circuits were allegedly blown by a lightning strike.
Xcite Energy said yesterday it had won some breathing space to sort out financial arrangements for its Bentley project in the UK North Sea.