Turbulence at helicopter firm CHC amid management shakeup
An abrupt management shakeup at CHC has raised questions over turbulence at the North Sea helicopter operator.
oil and gas
Reabold agreed £32m deal with anonymous ‘oil and gas major’ for stake in Corallian
An unnamed “oil and gas major” has struck a £32 million deal to acquire the controlling stake in West of Shetland operator Corallian Energy.
North Sea is world’s ‘highest risk’ area for oil and gas legal disputes
Experts have said the UK North Sea is the “highest risk” location in the world for legal disputes to erupt in the oil and gas sector.
India plans $2.5bn aid to oil firms hit by soaring costs
India plans to pay about 200 billion rupees ($2.5 billion) to the state-run fuel retailers, such as Indian Oil, to partly compensate them for losses and keep a check on cooking gas prices, according to people familiar with the matter.
Man rescued after going overboard from ship near Shell North Sea platform
A man has been rescued from the North Sea – nearly two hours after he went overboard from a ship near a Shell gas platform in the UK.
PM commits to new North Sea licensing, round could open next month
A new North Sea licensing round is on the horizon as Liz Truss tries to turn the UK into a "net energy exporter by 2040".
Liz Truss to make announcement on dozens of new North Sea licences: report
Liz Truss is to unveil a new swathe of North Sea licences, according to a news report, in an effort to boost domestic oil and gas production.
Liz Truss rules out further windfall tax on North Sea operators
Liz Truss signalled support for the North Sea oil and gas industry during her first Prime Minister's Questions in the top job.
Jacob Rees-Mogg takes on the energy brief in Liz Truss’ reshuffle
Jacob Rees-Mogg has taken over the energy brief as part of the new prime minister Liz Truss’ cabinet reshuffle.
Shell, IR35 and Rough: Liz Truss’ energy record as she’s named new PM
With her place as the UK’s next prime minister secure, Liz Truss will soon face a tidal wave of energy policy and security decisions likely to test her campaign promises.
Outgoing NSTA chief Andy Samuel reflects on UK’s Great Energy Transition
More than five years ago and always over coffee, (outgoing) CEO of the former Oil & Gas Authority (now North Sea Transition Authority), Andy Samuel and I enjoyed a number of informal exchanges about the future potential role of the UK Continental Shelf in the Great Energy Transition.
SEPA-blocked rig preparing for move in Cromarty Firth
An oil rig which was blocked from leaving the Cromarty Firth in 2018 appears to be preparing for a move.
Floating forecasts: Key questions on the skills challenge for floating wind
Floating offshore wind (FOW) is the new great hope, the next big breakthrough, in renewable energy. It is a huge worldwide growth area with transformative potential for our people, our communities, and our national wealth and wellbeing.
‘Worth getting out of bed for’: Regulator predicts £5bn decom spend on North Sea wells by 2027
More than 1,000 North Sea oil and gas wells will be decommissioned over the next five years, the UK regulator has said, carrying a multi-billion-pound prize.
Well-Safe unveils Spirit Energy as first contract for Defender rig
Well-Safe Solutions has named Spirit Energy as the operator for its inaugural contract for its new Defender rig in the North Sea.
UK inflation hits double digits for the first time in 40 years
UK inflation rose more than expected last month to the highest in 40 years, intensifying a squeeze on consumers and adding to pressure for action from the government and Bank of England.
Sunak rules out freezing UK energy price cap as Truss holds back
Rishi Sunak has ruled out freezing the UK’s energy price cap if he becomes prime minister, while his rival Liz Truss warned against “throwing money” at a short-term fix for the looming winter bills crisis.
Updated: No impact to employees as Altera Infrastructure announces Chapter 11 bankruptcy
Aberdeen-headquartered Altera Infrastructure (NYSE: ALIN-A) has said there will be no impact on its operations or employees as it enters a Chapter 11 bankruptcy process.
Taqa toasts £1.1 billion profits as oil and gas prices surge
Abu Dhabi state energy firm Taqa toasted a 54% surge in profits for the first half of 2022 amid an oil and gas price windfall.
Gallery: ‘End of an era’ as Foinaven FPSO arrives at Hunterston from BP oilfield
The former production ship for a BP (LON:BP) oilfield in the West of Shetland has arrived at Hunterston for partial decommissioning.
Update: Exxon, Chevron score record profits as markets convulse
Exxon Mobil and Chevron posted their highest-ever profits, reaping the rewards from surging commodity prices amid supply disruptions and rising demand.
Updated: Serica advises investors to hold fire as Andrew Austin’s Kistos unveils merger proposal
Serica Energy (LON: SQZ) has knocked back a proposed merger by North Sea counterpart Kistos Energy (LON: KIST).
Firm unveils multi-billion pound INTOG plans to decarbonise ‘every platform in North Sea’
A pioneering offshore wind firm has unveiled details of its multi-billion pound INTOG plans; aimed at decarbonising “every platform” sitting in Scottish waters of the North Sea.
Glitzy Energy Ball to make its much anticipated return later this year
The hugely popular social event of the year the Energy Ball, in association with The Press and Journal and Energy Voice, is returning to the north-east.
What’s the safety case for the planet?
It’s not often an entire train of thought is triggered by a report on an unusual event in the world of ornithology.