Innovation, diversification and transformation are three words which I make no apologies for repeating. All will be the bedrock upon which Aberdeen’s future is built.
Premier Oil said it has received a monthly deferral in respect of the test of its financial covenants.
Oil major Shell said the reaffirmed measures in the Autumn Statement would continue to help deliver a "strong and sustainable" future for the North Sea.
A groundbreaking new report predicts a steady rise in decommissioning work in the UK and Norway over the coming decade.
The Oil and Gas Authority (OGA) said yesterday that the 2016 target for production efficiency on the UK continental shelf (UKCS) was “unlikely” to be met.
Xcite Energy shares dived yesterday after the company said bondholders would pursue enforcement action over their loans unless a restructuring of the financial terms hands them near-100% ownership.
Technology innovation is going to play a critical role in the next chapter of oil and gas recovery from the UK continental shelf (UKCS) and in driving export growth in our UK-based supply chain.
Oil major BP has revealed fresh footage of its Clair Ridge project in the North Sea.
The chief executive of industry body Oil and Gas UK has said the sector is “very much” open for business in a letter to the Energy and Climate Change Committee.
Towards the end of August, three wells, comprising two exploration and one appraisal, were active, but with no new spuds since our last report.
This footage gives a glimpse into the everyday life of North Sea offshore workers.
Subsea 7 has started formal one-to-one consultations with hundreds of staff in Aberdeen.
Wood Group has signed a new framework agreement with Wintershall Norge to tender for the provision of modification and maintenance services to assets in the Norwegian Continental Shelf (NCS).
Statoil has revealed fresh footage of its Mariner B vessel as it arrived in Global Energy Group's Nigg Energy Park after completing a journey of more than 15,000 miles from a construction yard in South Korea.
Statoil has revealed fresh footage of the Mariner B Floating Storage Unit (FSU) arriving after its mammoth journey from South Korea.
Keppel Offshore & Marine said it is on track to deliver a Floating Production Storage and Offloading (FPSO) veseel to Armada Kraken.
The sixteen-strong executive committee of industry experts has been appointed for SPE Offshore Europe 2017.
The Oil and Gas Authority has outlined its priorities for Enhance Oil Recovery (EOR) on the UKCS.
The Oil and Gas Authority (OGA) is looking to make a number of permanent appointments at its headquarters in Aberdeen.
Cancelling a £1 billion competition to develop technology to capture and store carbon emissions could push up the costs of meeting climate targets, Whitehall’s spending watchdog has warned.
The historical vote by the UK to leave the European Union has seen a mixed reaction from the energy industry.
Oil major BP said it was "too early" to understand what implication as decision by the UK to leave the European Union would have.
Oil and gas majors must compromise to deliver an upturn in the sector’s fortunes, an industry analyst said yesterday. Stephen Halliday, group president of consultancy group Wood Mackenzie, said the energy industry was competitive by nature and that for serious progress to be made, the sector’s leadership had to get in a room together and collaborate. It comes days after PwC published a report saying the industry needed a “change in guard at the top” to disrupt its “we’ve always done it this way” mentality.
The UK North Sea has the chance to become a world leader in decommissioning practice, according to a leading industry figure.
Oil and gas operators have seen a 15% reduction in their UK-based headcount over the past 12 months – and they expect a further decline of 17% in the year ahead.