North Sea oil and gas veteran Graham Stewart said yesterday a sense of “unfinished business” spurred his decision to launch a new, acquisition-hungry player.
Premier Oil said today that its investment in the Catcher project had already been covered by production from the field.
A North Sea oil and gas executive who led Faroe Petroleum before the Aberdeen-based firm fell to a hostile takeover has set up a new company.
Oil fell for a third day as President Donald Trump failed to provide any fresh details on trade negotiations with China, disappointing investors who had been hoping for some progress toward a limited deal.
Ithaca Energy’s boss said yesterday that the enlarged company was “raring to go” after completing the £1.6 billion acquisition of US firm Chevron’s UK North Sea business.
Rig contractor Awilco Drilling said today that it had appealed against the UK taxman’s decision to slap it with a £7.7 million bill.
An investment firm controlled by British billionaire Michael Spencer reached an 11th-hour settlement with an oil executive and his wife in a case that saw insider-trading accusations fly and the threat of a private prosecution.
Private-equity firm Antin Infrastructure Partners has agreed to sell North Sea pipeline and terminal owner Kellas Midstream, headquartered in Aberdeen.
Israeli firm Delek Group's Aberdeen-based subsidiary, Ithaca Energy, has completed the acquisition of Chevron’s UK North Sea business.
An oilfield equipment deal between two US firms will bring millions of pounds worth of work to the north-east.
Taqa’s European boss has insisted the company is “relentlessly” focused on safe and reliable operations despite a crew member sustaining a minor injury on a North Sea platform last month.
North Sea explorer i3 Energy has started drilling a new pilot well at its Liberator field in the outer Moray Firth.
The oil and gas sector has long been one of the most technically ingenious industries.
Siccar Point Energy has reached another checkpoint en route to a final investment decision (FID) for its 900 million barrel Cambo project off Shetland.
Infrastructure firm Costain's Aberdeen team will work on contracts worth £4 million for a range of projects, including North Sea oil and gas, nuclear and carbon capture.
In 1975, while piloting a submersible vessel, I conducted bathymetric and obstacle surveys on the Beryl field in the UK North Sea prior to the arrival of the concrete-gravity-based platform Beryl Alpha.
Oil firm EnQuest has said it is working with suppliers on a range of options for restoring the Thistle platform to production.
One of the country’s most respected regeneration tsars has warned Aberdeen should not become complacent following millions of pounds worth of investment in the city.
Scores of people gathered at a special ceremony on Saturday to commemorate all those in the UK oil and gas industry who lost their lives offshore.
A boss at Shell has insisted that leaving the huge concrete legs of the Brent platforms at sea was the “right thing to do”.
A north-east energy service firm has won a multi-million-pound deal to carry out construction work on a number of UK North Sea platforms and vessels operated by EnQuest.
Ole Lie, a drilling supervisor who’s worked for Norway’s oil giant Equinor since the 1990s, is feeling unloved as many are starting to turn their backs on an industry that’s made the Nordic country one of the richest on Earth.
The oil and gas industry cannot afford to go into “reverse” on health and safety in the North Sea, a sector chief has warned.
International energy logistics provider Peterson has strengthened its relationship with Premier Oil after securing a contract worth £20 million.
The high-profile geologist leading one of Apache Corp.’s most-important exploration ventures has stepped down. The company’s shares and bonds tumbled, and the cost to insure against default surged.