ARDERSIER PORT SOLD TO NEW OWNERS WITH OIL DECOMMISSIONING AMBITIONS

The former McDermott fabrication yard at Ardersier is under new ownership, it was announced last night.

SCHLUMBERGER POSTS £314 MILLION PROFIT IN SECOND QUARTER

Schlumberger turned a profit in the second quarter as drilling activity continued to rebound from the pandemic-driven oil bust.

 
 
 

DEMAND FOR OFFSHORE RIGS PREDICTED TO RISE IN COMING YEARS - BASSOE

The demand for offshore rigs is expected to grow in the coming years, despite scores of assets currently sitting idle.

SHELL, EQUINOR, RWE AND GASUNIE TO PUSH AHEAD WITH PLANS FOR OFFSHORE HYDROGEN PARK

Shell, Equinor, RWE and Gasunie are to push ahead with plans for a large-scale offshore hydrogen park off the coast of Germany.

 
 
 

PORT OF CROMARTY FIRTH ‘IDEAL HOME' FOR HUGE GREEN HYDROGEN ELECTROLYSER, STUDY FINDS

Port of Cromarty Firth has been pinpointed as the “ideal home” for the UK's largest green hydrogen electrolyser, a feasibility study...

TEN CCS PROJECTS RECEIVE FUNDING FROM UKCCSRC

The UK Carbon Capture and Storage Research Centre has funded ten new projects to help the UK achieve its net zero emission targets.

 
 
 

COMPETITION WATCHDOG WARNS OF ‘POSTCODE LOTTERY' FOR ELECTRIC VEHICLE CHARGING

The UK competition watchdog has published a review into electric vehicle charging, warning some parts of the country are at risk of...

OIL CLOSES OUT WILD WEEK WITH RALLY INTACT AS BULLS FIGHT BACK

Oil held the bulk of a three-day advance to trade above $71 a barrel amid optimism that rising demand will tighten the global market.

 
 
 

ANOTHER EXTENSION GIVEN FOR POTENTIAL AUGEAN TAKEOVER BID

A further extension has been given to banking giant Morgan Stanley Infrastructure to make an offer for waste management company Augean...

SIMEC ATLANTIS EXPECTING ‘MORE STABLE RELATIONSHIP' WITH MAJOR SHAREHOLDER AFTER RECEIVERS RESIGN

Renewables developer Simec Atlantis Energy has confirmed that an issue relating to its major shareholder has been wrapped up.

 
 
 

TRANSOCEAN RIG COULD KEEP DRILLING OFF MYANMAR FOR POSCO

Transocean's Deepwater Nautilus semi-submersible unit looks set to keep drilling offshore Myanmar for South Korea's POSCO after the...

SHELL PUTS MALAYSIAN UPSTREAM ASSETS ON SALE

Shell has officially launched the sale of its shares in oil and gas fields it does not operate offshore Malaysia, according to a document...

 
 
 

GEOPHYSICAL GIANTS START SEISMIC SWEEP OFFSHORE SARAWAK

A consortium of PGS, TGS and WesternGeco have secured funding for a 6,400 sq km multi-client 3D seismic survey starting in October...

THE SAUDI PRINCE OF OIL PRICES VOWS TO DRILL ‘EVERY LAST MOLECULE'

Prince Abdulaziz bin Salman is the most powerful man in petroleum. The Saudi oil minister navigates unruly OPEC+ nations, huge swings...

 
 
 

MAJOR £10M PROJECT AIMS TO UNLOCK UNTAPPED POTENTIAL OF OCEAN RENEWABLE ENERGY FUELS

An innovative £10m research project will investigate the potential of harnessing offshore wind and marine renewable energy to produce...

UK SANCTIONS EQUATORIAL GUINEA VP, ZIMBABWE EXEC

The UK has announced new sanctions against five people, including officials in Equatorial Guinea and Zimbabwe.

 
 
 

IRAN OPENS HORMUZ BYPASS WITH JASK TERMINAL

Iran has opened a new export terminal in Jask, in the south of Iran, allowing it to bypass the Straits of Hormuz.

QUEBEC KILLS LNG PLAN CITING IEA NET ZERO PLANS

Quebec has officially rejected a proposed LNG export project, citing the International Energy Agency's net zero report from May.

 
 
 

GREENPEACE RAINBOW WARRIOR HEADS BACK TO ABERDEEN FOR ‘JUST TRANSITION' EVENT

The Greenpeace Rainbow Warrior ship will be back in Aberdeen on Saturday to host a panel discussion on the need for a “just transition”...

CENTRICA ‘SIMPLIFYING' SPIRIT ENERGY SALES PROCESS

Utilities firm Centrica said today that it was simplifying the sales process for its upstream exploration and production business,...

 
 
 



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