SBM completes financing of FPSO for Exxon’s Liza field
SBM Offshore has completed financing of $1.14billion (£886m) to pay for the vessel which will serve ExxonMobil’s giant Liza field off Guyana.
SBM Offshore has completed financing of $1.14billion (£886m) to pay for the vessel which will serve ExxonMobil’s giant Liza field off Guyana.
Shell has been dealt with a safety notice after failing to properly ensure workers would be protected during an emergency on a North Sea platform.
The leader of RMT’s offshore branch believes it will continue to operate for at least another 30 years but must accept “change is coming”.
The oil and gas industry currently finds itself in a situation which is far from comfortable.
Production has been resumed at the largest-producing oil field in the UK following a shut down.
Greenpeace said last night that protestors would occupy two North Sea oil platforms for “as long as needed” to get their message across.
A worker has been flown to hospital after a fire broke out on a North Sea platform.
In my position as a university lecturer, a parent and as a friend to many younger people, it is clear that a large portion believe that fossil fuels are bad.
Greenpeace has announced it is carrying out “peaceful protests” at Shell’s Brent field in the UK North Sea.
While the shift from hydrocarbons to renewables is far from smooth, investment opportunities in the generation, service and utility markets are proliferating as the sector landscape evolves.
A fresh investment of £140million has once again extended the life of a North Sea oil field, safeguarding 70 jobs in the process.
BP is facing a charge of between $2bn and $3bn (£2.3bn) in the third quarter as its divestment programme will conclude sooner than expected.
Damning figures showing the north-east’s dependence on oil and gas could actually be the answer to the net zero “conundrum”, according to a top energy consultant.
New figures show support services for the oil and gas industry are leading Scotland's marine economy.
Tekmar Group has signed a deal to buy fellow subsea technology firm Pipeshield International for £6.5million.
A partnership between Scotland and Japan will inject £21m into six projects designed to tackle the next wave of challenges in the subsea industry.
Climate activists halted an awards ceremony involving the chief executives of oil majors BP and Shell at a major industry conference last night.
Total E&P UK swung to a £525.4million pre-tax profit last year with higher oil prices and an end to impairments in the west of Shetland.
Canadian Natural Resources International UK (CNRI UK) narrowed its losses last year amid higher oil and gas prices.
Sparrows Offshore Group has reported a boost for renewable energy in “another year of stability and growth”.
Beleaguered helicopter operator Bristow has gained approval for a restructuring deal which will inject £444million into the company and pull it out of bankruptcy.
The North Sea’s largest-producing oil field has been shut down after a defect was found during an inspection.
EnerMech co-founder Doug Duguid has returned as chief executive of the firm after the incumbent boss had to step down.
An Aberdeen software developer is toasting business growth of 30% after completing a major project for Oceaneering.
Scrabster Harbour Trust has reported another successful trading year with record revenues and profits being achieved for the fifth consecutive year.