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NEWS |
READ Cased Hole announces demerger of data analytics business line; Forms new, fully independent ANSA company
Aberdeen-headquartered, world-leading cased hole logging specialist, READ Cased Hole (“READ”) has today confirmed the demerger of its ANSA data analytics business, resulting in the formation of a new, (...)
NEWS |
BP poised to restart buybacks after reaching debt goal early
BP said it already achieved its $35 billion net-debt target, reaching the threshold at which it has said it can restart share buybacks about a year earlier than expected.
NEWS |
Renewable energy - An unstoppable force
The introduction of renewable energy in the power market has already paved the way for unstoppable growth in the coming years....
TV |
Boston Dynamics are taking robotics to a new level
Spot is an agile mobile robot that you can customize for a wide range of applications. The base platform provides rough-terrain mobility, 360 degree obstacle avoidance, and various levels of navigati (...)
NEWS |
Event Celebrates Importance of Innovation in Embracing Change
Houston is open for business and ready to provide an open collaborative environment for Scottish companies seeking to expand their corporate horizons. That was the message from a major international b (...)
NEWS |
Read the complete North Sea Transition Deal
The offshore oil and gas sector is a major UK industrial success story. Since production started in 1967, the sector has produced around 45 billion barrels of oil equivalent from the UK’s Continental (...)
NEWS |
Just Transition Commission Report welcome news for workforce says OGUK
Oil and gas workers have a key role to play in an inclusive and sustainable transition to a low-carbon future and a cross-energy alliance of trade associations, skills bodies, governments and academia (...)
NEWS |
Planning for shutdown of the Veslefrikk field
After more than 30 years on stream and over 400 million barrels of oil equivalent the Veslefrikk partnership is now planning for shutdown of the field in the spring of 2022. The plugging of wells has (...)
NEWS |
Chevron proposes Noble Midstream acquisition
Chevron Corporation has announced that it has submitted a non-binding proposal to the Board of Directors of Noble Midstream GP LLC, the general partner of Noble Midstream Partners LP, to acquire all o (...)
NEWS |
MDL spread retrieves FPSO flexibles
NEWS |
New tech start-up secures £425,000 grant from Scottish Enterprise
Xergy, a new tech start-up behind a cloud-based system that can help companies get ready for tomorrow’s economy through digital transformation, has secured £425,000 grant funding from Scottish Enterpr (...)
NEWS |
Equinor will test floating solar off Frøya
Equinor is already an offshore wind major. Now the company will explore the opportunities within offshore solar power...
NEWS |
Iran Sets New Terms on Oil and Gas Cooperation for Foreign Firms
“We are ready to cooperate with them within the framework of stipulated terms and conditions," Zanganeh said on Sunday...
NEWS |
Rotech Subsea secures 2nd phase cable trenching contract at Taiwan OWF & is contracted to supply additional spread of equipment for new campaign
Subsea trenching and excavation pioneer, Rotech Subsea, has secured a contract for a second phase of vital infrastructure works at a state-owned wind farm in offshore Taiwan - and at the same time has (...)
NEWS |
Toyota Motor Europe strengthens strategic alliance with CaetanoBus and Finlog in fuel cell bus business
Toyota Caetano Portugal (TCAP) has become the direct shareholder of two Portuguese companies to accelerate the spread of hydrogen mobility: bus manufacturing and sales company CaetanoBus, and Finlog, (...)
NEWS |
North Sea Crude Demand Finally Picking Up
North Sea oil prices are finally strengthening, catching up with other markets that already rallied on the back of rising buying interest from Asia, where demand in many places has already recovered f (...)
NEWS |
TechnipFMC to start EPC on Egypt’s ANOPC project
TechnipFMC is ready to start work on the Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new hydrocracking compl (...)
NEWS |
The Covid-19 downturn slashed Australia’s oil and gas workforce by a quarter, effect will be lasting
The Covid-19 pandemic hit Australia’s already declining oil and gas workforce hard, causing a loss of over 28,000 jobs this year, equivalent to a quarter of the country’s total count, a Rystad Energy (...)
NEWS |
Offshore Energy: The dawn of digitalisation
COVID-19 has been a significant catalyst for change, both on and offshore. The collapse in the price of oil hit an industry already dealing with the multiple challenges of declining production, agein (...)
NEWS |
Ithaca Energy demonstrates best practice in preparing for IR35 reform
With just months to go until IR35 reform is extended to the private sector on 6th April 2021, many oil and gas companies are busy readying themselves for the introduction of the off-payroll changes.
NEWS |
Saipem ready to start with the final phase of Payara in Guyana
Saipem has recently received the authorization to proceed with the final phase of the Payara development project in Guyana from Esso Exploration and Production Guyana Limited (EEPGL), an ExxonMobil su (...)
NEWS |
Texas Oil Industry May Have Left The Worst Of The Downturn Behind
Although the Texas upstream oil and gas industry remained in contraction in the third quarter, signs have emerged in employment and rig counts that the sector may have already seen the worst of the do (...)
NEWS |
North America Oil Bankruptcy Debt Hits All Time High
The associated debt from North American oil and gas bankruptcies in 2020 has already reached an all-time high.
NEWS |
Green hydrogen plans already top 60 GW, but less than half is likely to operate by 2035 as costs bite
Proposed green hydrogen projects are surging across the globe as governments seize opportunities afforded by post-pandemic green stimulus packages.
NEWS |
The Breidablikk field ready for development
Equinor and partners Petoro, Vår Energi and ConocoPhillips Skandinavia have decided to develop the Breidablikk field in the North Sea.
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