Malaysian firm Hibiscus clinches deal to buy Crown discovery
Malaysian firm Hibiscus Petroleum has struck a deal to acquire a North Sea discovery from two UK oil and gas businesses.
oil
Hurricane still counting on Kerogen support despite share sale
Hurricane Energy today insisted it had the “continued support” of Kerogen despite the private-equity firm selling about a quarter of its shares in the oil company.
Premier says new North Sea well imminent, keeps chipping away at debt
UK-headquartered Premier Oil said today that drilling of the Tolmount East appraisal well would start "imminently" in the southern North Sea.
Production starts at 76m barrel field, Equinor says
Equinor today hailed production start-up from the 76 million barrel Trestakk subsea tieback project off Norway.
Updated: North Sea oil platform arrives in Shetland for scrapping
The delivery of a North Sea oil platform to Lerwick highlights the Shetland port’s status as a “centre of excellence” for decommissioning, a joint-venture has said.
Ministers won’t commit to copter safety inquiry despite union pressure
Trade union bosses have issued fresh calls for a public inquiry into North Sea helicopter safety after a report showed fatigue was a factor in a “near miss” at Aberdeen Airport.
Eland gets Nigerian field development plan approval
Aberdeenshire-headquartered Eland Oil & Gas has received approval from Nigeria's petroleum department for its Gbetiokun field development plan.
Hunt to dial down tensions in Gulf after Iran tanker seizure
Jeremy Hunt is to launch a fresh diplomatic bid to prevent the Iran nuclear deal unravelling and to ease tensions in the Gulf.
Piper Alpha remembered 31 years after oil rig disaster
One of Scotland's most horrendous disasters in oil and gas history was remembered in Aberdeen today.
Shell selection shows we can compete in UK, says Rosetti Marino
Italian engineering firm Rosetti Marino said today that its selection by Shell for an early phase design contest showed the firm was “competitive” in the UK.
Stake in major North Sea discovery to be put up for sale
A sizeable stake in one of the UK North Sea’s largest gas discoveries in years will come on the market once a major acquisition goes through later this year.
North Sea stakes change hands in £600m Energean acquisition of Edison E&P
Energean’s £600 million acquisition of Italian firm Edison E&P has handed the company stakes in a number of UK North Sea assets, including a major discovery.
Updated: EnQuest to cut 80 jobs at Shetland oil terminal
Oil firm EnQuest said that about 80 employees would lose their jobs at a major terminal in Shetland by the end of 2019.
North Sea industry ‘halfway’ towards reaching decom cost reduction target
North Sea decommissioning cost forecasts have dropped because companies are "holding up a mirror up to themselves" and sharing lessons, according to a top industry boss.
CNR’s Ninian Northern decommissioning plans approved
The UK Government has given CNR International's plans for decommissioning the Ninian Northern platform the seal of approval.
North Sea must keep a lid on costs if oil prices rise, industry experts say
The North Sea oil industry must keep a lid on costs if measures taken by Opec and its allies push crude prices much higher, top Aberdeen energy experts have said.
Dozens injured in brawl at Kazakh oilfield
A brawl between Kazakh workers and their Arab colleagues in one of Kazakhstan's largest oil fields has left 30 people injured and led to an outcry in Lebanon and Jordan.
Iran uncertainty major factor behind OPEC delay
Uncertainty relating to Iran and the US-China trade war has led volatile oil prices and the postponement of a key OPEC meeting. The recent exchange of words between US and Iranian leaders has not calmed markets.
Private-equity house puts Alpha ‘up for sale’, report says
UK oil and gas firm Alpha Petroleum has been put up for sale by its private-equity backer, a news report said.
Updated: Exxon seeks bidders for Norwegian business, report says
US oil giant ExxonMobil is weighing up the sale of its Norwegian business, a news report said.
Watch: Shell’s Curlew vessel in Dundee for clean-up ahead of scrapping
Shell's Curlew vessel has arrived in Dundee for cleaning and waste disposal as part of a contract with Augean North Sea Services (ANSS).
Updated: Teekay vessel deal for Cheviot field ‘terminated’, but Alpha still hopeful
Alpha Petroleum’s plans for its flagship North Sea development project appear to have suffered a blow after Teekay said it had "terminated" a vessel supply deal.
Oil keeps rising as more US sanctions worsen tension in Gulf
Crude kept rising following its biggest weekly gain since late 2016 after PresidentDonald Trump said he would impose “major additional sanctions” on Iran, exacerbating tensions in the oil-rich Middle East.
‘Just Transition’: what does that mean for the European energy market?
With Europe’s energy strategy being one of electrification and clean energy, what impact will that have in Europe and how can the downside be managed?
Oil heads for weekly rise as US-Iran tensions worsen
Oil in London headed for its biggest weekly gain since February as escalating tensions between the U.S. and Iran fanned fears of conflict that would disrupt energy supplies from the Middle East.