More than a dozen UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
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.
Trac Oil and Gas’ boss believes the time is right to revisit the firm’s international expansion plans after getting off to a false start several years ago.
Exploring business links between key energy hubs in Scotland and Australia will be the focus of a business event taking place in Aberdeen next week.
A Perth-based extended reach drilling company has moved to an employee ownership model as it looks to drive growth and take advantage of an improving oil and gas market.
Parkmead has continued its North Sea acquisition campaign, increasing its stake in a major North Sea oil project.
Total has signed a memorandum of understanding with Korea Gas Corporation (KOGAS) during the LNG 18 conference in Perth, Australia.
Wood Group has won a new contract to carry out front end engineering and design (FEED) work for the proposed Woodside Browse Floating Liquefied Natural Gas (FLNG) development. The 12 month contract for the project offshore Western Australia, is worth $6million and will be carried out by Wood Group Kenny (WGK). The company will perform all design engineering for the insulated production flowline system required for the assets offshore gas-condensate fields from their offices in Perth. The three assets – Brecknock, Calliance and Torosa – are 300km from the Kimberley coast.