The North Sea is producing more commercial innovations than any other part of the world, according to a boss at Baker Hughes GE (BHGE).
A company in the US called ZeroAvia has just installed a hydrogen fuel cell powered electric powertrain in a six-seater aircraft.
The UK offshore scene is poised for a timely comeback, according to energy consultancy Rystad.
More Norwegian acquisitions of UK oil and gas assets and businesses are on the cards later this year and into 2020, a top Aberdeen accountant has said.
Energy services firm Petrofac said it was “well positioned” for the remainder of 2019, but warned of a drop in revenues ahead.
Investment in the UK tech sector has continued to surge, as British firms secured more foreign funding in the first seven months of 2019 than during the whole of 2018, according to new research.
New figures published by the UK’s safety regulator have revealed there were 235 dangerous occurrences in the North Sea last year.
The U.S. is gravely disappointed with the U.K. after a Gibraltar court allowed the release of an Iranian tanker suspected of hauling oil to Syria, and threatened sanctions against ports, banks and anyone else who does business with the ship or its crew, two administration officials said.
German industrial services giant Bilfinger saw “strong demand” for its offshore services in the UK and Norway in the first half of the year.
ExxonMobil is considering a sale of its North Sea assets as it focusses on US shale production, according to a news report.
Iran expects an oil tanker seized by the U.K. in the Strait of Gibraltar in July will be released soon, the semi-official Fars News agency reported Tuesday, a move that could help to ease concerns about the safety of shipping routes in the Middle East.
When two U.K. power plants shut down almost simultaneously in London’s first major blackout for a decade, it triggered a storm of questions about how to avoid another failure.
On the evening of Dec. 5, 2013, the U.K. east coast was battered by the worst storm surge in 60 years as the North Sea rose more than 2 meters (6.6 feet) above normal.
Maersk Drilling has announced the award of a three-well contract in the UK North Sea with Perenco.
A former Unaoil executive has pleaded guilty to five offences of conspiracy to give corrupt payments amid a Serious Fraud Office (SFO) investigation.
Oilfield services giant Schlumberger has appointed a former North Sea boss as its new chief executive.
Drilling rig operator Noble has given an update on its fleet, including two new contract extensions in the UK and Middle East.
North Sea decommissioning costs were £400million lower than expected in 2018, according to a new report from the Oil and Gas Authority (OGA).
Two years after the U.K.’s largest natural gas storage site slipped into retirement, demand for new places to keep the fuel is ratcheting up.
Iran's top leader has said his country will retaliate over the seizure of an Iranian tanker by British authorities.
Chancellor of the Exchequer Philip Hammond is blocking a set of government proposals to overhaul the U.K. energy industry because of the potential spending implications for a new prime minister, people familiar with the matter said.
The U.K. is in talks with the U.S. and other allies about beefing up their military presence in the Persian Gulf to deal with the rising threat to shipping posed by Iran.
The Oil and Gas Authority (OGA) has launched the UK’s 32nd offshore licensing round as the industry seeks to restore exploration activity.
French oil giant Total announced yesterday that it would sell off a package of North Sea assets to Petrogas and HitecVision in a deal worth more than £510 million.
British special forces seized a supertanker off Gibraltar carrying Iranian oil to Syria in violation of European and U.S. sanctions against the war-torn country.