With margins staying “razor thin” and cost pressures continuing to bear down, the offshore supply chain may take on a “whole new look” this year, according to a Wood Mackenzie analyst.
Drilling contractor Transocean is understood to pushing for jail time and fines against Greenpeace bosses, despite receiving a favourable ruling halting any further North Sea action.
A Greenpeace climate boss has warned that "increased" North Sea protest action will take place if strong measures on tackling emissions aren’t executed by oil and gas firms.
Equatorial Guinea expects $1.4 billion to be invested in the country in the 2020 fiscal year, with a mix of exploration and appraisal drilling.
One of the world’s biggest offshore drilling contractors will go to court today seeking action against Greenpeace following a massive demonstration earlier this year.
Shares in Hurricane Energy slid on Monday despite the company confirming oil at a field west of Shetland.
Losses widened at drilling contractor Transocean in a third quarter marked by a hefty impairment on vessels which are being taken out of service.
One of the most serious safety issues associated with North Sea drilling could soon be a thing of the past thanks to a new technology created and developed in Aberdeen.
Transocean has a hybrid energy storage system on its Spitsbergen drilling rig, currently deployed at the Snorre field in Norway.
Transocean has relinquish its interests in two drillships under construction to Samsung Heavy Industries.
Five protesters have admitted their parts in the Greenpeace occupation of an oil rig in the Cromarty Firth last month.
Police Scotland is seeking to make further arrests as it attempts to bring an end to a bitter North Sea standoff between oil giant BP and the climate activist group Greenpeace.
A trade union boss has urged environmental activists to “back off” and let North Sea rig workers get on with their jobs.
An oil industry leader has accused Greenpeace of “undermining its own credibility” by reviving its protest on an oil rig in Cromarty Firth.
Oil giant BP is understood to have taken out an injunction against a Greenpeace ship headed for the Cromarty Firth.
Police have stormed an oil rig on a helicopter to arrest two protestors and bring a Greenpeace demonstration to an end.
The Cromarty Firth Port Authority confirmed last night that it is investigating a report of a mysterious "chemical cloud" release from the BP-contracted rig that was occupied by Greenpeace activists.
Two Greenpeace campaigners faced court yesterday accused of tethering themselves to an oil rig in an ongoing demonstration.
Two environmentalists have appeared in court in connection with a protest that has brought work on an oil rig to a standstill.
A lifeboat was earlier launched today to attend an oil rig in the Cromarty Firth that is currently being occupied by Greenpeace protestors.
Activists occupying a BP-contracted oil rig in the Cromarty Firth have been served with an injunction by the owner in a bid to halt a two-day standoff, Greenpeace UK has claimed.
A former trainee horse racing jockey who later worked in the North Sea energy industry is enjoying life after oil with her fledgling customs consultancy.
Greenpeace activists have vowed to continue their occupation of a BP-contracted oil rig in the Cromarty Firth.
A group of Greenpeace activists have halted progress on a Transocean oil rig bound for the North Sea.
Oilfield technology and equipment firm National Oilwell Varco (NOV) will sell two 20,000-psi blowout preventer stacks to Transocean.