North Sea oil firm Orcadian Energy intends to raise £5 million via an initial public offering (IPO) in London.
The boss of North Sea oil firm Orcadian Energy says his team is making “great strides” on an 80 million barrel project after casting aside the original development idea.
Rivers State Governor Nyesom Wike has personally overseen the arrest of two pilots from Caverton Offshore Support Group for illegally moving people into the Nigerian state.
A project that would employ a pioneering heavy oil recovery technique in the North Sea has edged a step forward.
A relatively newcomer to the North Sea is steaming ahead with plans to revolutionise the recovery of heavy oil from the North Sea.
SBM Offshore has won a contract with EDF for work on a pilot floating windfarm for its Provence Grand Large project.
GE Oil & Gas has created a new Oil & Gas Digital Solutions business as well as the development on a new pilot program with BP.
The Queen is hunting for a £78,500-a-year helicopter pilot - twice as much as Prince William is getting paid as he guides his ambulance chopper on mercy missions. The job is being advertised on the British Monarchy website which says - given the status of the passengers - it is "highly desirable" that candidates have "VVIP experience." The Royal Family is full of helicopter pilots. Prince William was a search and rescue pilot at RAF Valley in Wales - before starting his new job last year as a pilot with the East Anglian Air Ambulance.
North Sea helicopter operator CHC is leading the way with innovative new technology offshore. The company has replaced paper documents to create an Electronic Flight Bag (EFB). It combines pilot logs, flight procedures and other documents in the field onto one tablet device which pilots can use when flying to different North Sea destinations.
Energy minister Fergus Ewing will today accuse his UK counterpart of “mismanagement” of North Sea oil and demand urgent reform. Fergus Ewing is expected to meet UK energy minister Matt Hancock at a meeting of Pilot, an oil and gas taskforce which brings together government and industry representatives, in London. Speaking ahead of the meeting, Mr Ewing said: “The oil and gas industry is a strong success story for Scotland and will continue to be.