Court documents have revealed emails between Taqa senior management, who described RockRose’s deal with Marathon Oil as their “worst fear”, calling the London-headquartered company “total wideboys”.
RockRose Energy has lost control of its only operated platforms in the UK North Sea after three partner companies raised “serious concerns” in court about its ability to run the assets.
Shares in Aberdeen-headquartered energy services firm Wood climbed this morning as at predicted a surge in its annual earnings.
The chairman of the Oil and Gas Authority (OGA) has set out four targets for the North Sea industry to meet before a major climate conference comes to Scotland in November.
The effects of the oil downturn have brought the end to a 40-year-old scheme to record sightings of birds and marine life in the North Sea.
More than half a billion tons of additional greenhouse gas emissions per year — equivalent to 8 percent of total U.S. emissions — may be generated by new oil, gas and petrochemical facilities in Texas and Louisiana, University of Texas researchers estimate.
Aberdonian entrepreneur Jim Shiach has sold oilfield services company Centrifuges Un-Limited to the family that previously owned supply chain giant Ferguson Group.
Australia-based Spark Exploration is aiming to find partners in the first half of this year for its West of Shetland licences, which potentially contain north of a billion barrels of oil.
Ataria Malveaux was 18, just out of high school, when she fled a chaotic family life in Houston for the promise of making quick money in Dallas. She soon discovered her would-be employer was a pimp; only the help of another woman allowed her to escape forced prostitution.
Exxon Mobil led the way with new finds off the coasts of Guyana and Cyprus as global oil and gas discoveries in 2019 hit a four-year high, according to a new report.
EnQuest has submitted plans to decommission a North Sea development and its production vessel less than five years after achieving first oil.
It is estimated that during 2019 over 20 million people in the UK contacted the 999 emergency services to request immediate police, ambulance, fire or coastguard support or to report an emergency.
A former North Sea oil worker has interrupted First Minister’s Questions as part of a demonstration on climate change.
Last year saw a “record number” of oil and gas fields producing in Norway, according to new analysis.
The number of jobs in Scotland either created or safeguarded through foreign direct investment (FDI) has risen in the past year, according to new analysis.
A tax expert has described the government’s five-week review of incoming IR35 legislation as “nowhere near long enough” to fully consider its complex range of issues.
Apache and Total have announced a “significant oil discovery” off the South American nation of Suriname.
It has been a busy and positive 12 months for Aberdeen Renewable Energy Group (AREG), with the diversity of our members continuing to grow.
RockRose Energy has announced it will press on with the hunt for more North Sea acquisitions this year.
A renewed optimism in oil and gas will drive M&A activity forward in the new year, a top north-east dealmaker has said.
Oilfield procurement specialists, Craig International, has continued to increase its global marketshare with two-thirds of the Aberdeen-headquartered company’s revenues now being generated outside of the UK.
A north-east marine services firm is to increase staff by almost a quarter after a £150 million investment in a fleet of new emergency response and resuce vessels (ERRVs).
Balmoral Group Holdings reported a “mixed year” as it posted its first loss since 2007.
The North Sea is known for adapting to change and this year has demonstrated an indication of resilience in the sector. Confidence has slowly returned to a market which has changed dramatically in the last five years.
Italian oil and gas contractor Saipem has announced contract extensions totaling over £1 billion.
