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NEWS |
The key to delivering comprehensive geothermal reservoir modelling
Given the level of investment required to get geothermal projects off the ground and see them through to completion, having a comprehensive and real-time view of a geothermal reservoir’s viability as (...)
JOB |
Data Analyst - VR/25992
We are supporting our client in finding a Data Analyst to join the team at their head office in Aberdeen. This role is pivotal to the delivery of accurate and timely information to the business. You w (...)
NEWS |
Schlumberger, Aker Solutions and Subsea 7 Create Joint Venture
Schlumberger, Aker Solutions and Subsea 7 today announced an agreement to form a joint venture to deliver a step change in subsea production economics by helping customers unlock reserves, reduce time (...)
JOB |
Reservoir Engineer
McGregor Consultants have a Reservoir Engineer Role required ASAP. The role is office based in London, UK. Please contact our recruitment team for more information at info@mcgregorconsultants.com, or (...)
NEWS |
BW Energy secures up to $300m to finance Gabon field development
Norway’s BW Energy, an affiliate of the BW Group, has sealed an up to $300m international reserve based loan to finance the further development of its Dussafu license offshore Gabon.
NEWS |
Fishbones brings its stimulation techology to the geothermal market
Fishbones, the leading provider of alternative reservoir stimulation technology, has announced its entrance to the geothermal market.
NEWS |
Brent crude falls to $110/barrel on fears demand will decline
Crude oil futures traded lower on Wednesday morning as traders feared that the decision of the US Fed Reserve to raise interest rates would drag the demand down for fuels.
NEWS |
Iraq’s Basra Oil Acquires ExxonMobil’s Stake in West Qurna 1
The Iraqi government has agreed to buy out ExxonMobil’s 32.7% stake in the southern West Qurna 1 oil field, with state-owned Basra Oil Company acquiring the largest share in what is touted as one of t (...)
NEWS |
BW Offshore receives green light to start work on Shell’s Gato do Mato FPSO
Norwegian floater specialist BW Offshore has secured a limited notice to proceed from Shell for early-stage engineering and supplier reservations covering the supply of floating production storage and (...)
NEWS |
UK windfall tax prompts BP to review investment plans
BP Plc said it will look again at its plans in the UK, raising questions about whether a £5 billion windfall tax on oil and gas profits announced by the government included enough incentives to preser (...)
NEWS |
OGV Energy's US Energy Review – May 2022
While the US Administration is releasing a record amount of crude oil from its Strategic Petroleum Reserve (SPR) to combat the highest petrol prices in America in eight years, the US oil and gas indus (...)
NEWS |
North Sea reserves almost 1.5 billion barrels of oil says industry expert
An industry expert has estimated that the North Sea still has almost 1.5 billion barrels of oil and has "a major role to play" in the UK energy market - despite a cultural change towards renewables.
NEWS |
Eserv secures 3-year digital twin deal with Neptune Energy
Aberdeen-headquartered, digital twin technology specialists, Eserv have secured a 3-year contract with Neptune Energy that will enable their digital twin software, AS-TEG™ to scale across the Operator (...)
NEWS |
Serica Energy sees profits surge following gas price rise
A leading North Sea oil and gas independent has said the tragic events in Ukraine have underlined the value of the area’s reserves and called for firms to be given the encouragement required to maximi (...)
NEWS |
Equinor finds ‘high-value barrels’ in North Sea
Norwegian state-owned giant Equinor has made a significant hydrocarbon discovery with excellent reservoir quality in the Kveikje exploration well, located in the North Sea offshore Norway, which excee (...)
NEWS |
Norwegian blue ammonia project secures carbon storage licence in Barents Sea
Norwegian carbontech start-up Horisont Energi has been awarded a license in the Barents Sea together with its partners Vår Energi and Equinor to utilise the Polaris reservoir off the coast of Finnmark (...)
NEWS |
Brent Falls Below $100, Erasing Ukraine War Gains
Oil prices dipped by more than 4% early on Monday, with Brent falling below $100 a barrel, as COVID-related lockdowns in China weighed on demand expectations, while the coordinated massive release fro (...)
NEWS |
Schlumberger Announces Deployment of Reservoir Engineering Digital Solutions for Global Customer
Schlumberger today announced an enterprise-wide deployment of the cloud-based DELFI* cognitive E&P environment for ConocoPhillips.
NEWS |
Eserv move into new HQ to accommodate rapid growth
Eserv has secured new office space for its headquarters on Queens Road, Aberdeen following a number of new contract wins globally and subsequent team expansion.
NEWS |
Tendeka become Official Partner of AFC Women
Tendeka, a global reservoir management specialist headquartered in Aberdeen, has signed a deal to become an Official Supporter of AFC Women.
NEWS |
Eni hits gas in its first exploration well off Abu Dhabi
According to the Italian company, the well interim results indicate a range of 1.5-2 trillion cubic feet (TCF) of raw gas in place in multiple good quality reservoirs of the Jurassic exploration targe (...)
NEWS |
Somaliland pitches 'huge' oil and gas potential during Taiwan trip
Somaliland has "huge" investment potential in untapped oil and gas reserves, the foreign minister of Somalia's breakaway region told Taiwan President Tsai Ing-wen on Wednesday, pitching investment opp (...)
NEWS |
Mariner partners disagree with Equinor over reserves downgrade
Oil and gas company Siccar Point Energy believes that Equinor, its partner and the operator of the Mariner field in the UK North Sea, has been premature in its reserves estimate downgrade for the fiel (...)
NEWS |
UK ministers could face legal challenge over North Sea oil exploration
The UK government could face a fresh legal challenge over fears that ministers may wave through plans for oil drillers to keep exploring for new North Sea reserves without considering the latest evide (...)
NEWS |
North-East Technology specialist appoints digital solutions lead
An Aberdeen-based leading 3D technology specialist has appointed Digital Solutions Lead to support the growth and development of their transformative brownfield digital twin solution.
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