A trio of new low-carbon technologies could create 26,000 new UK energy jobs by 2030, according to Robert Gordon University research commissioned by Offshore Energies UK (OEUK).Many of the new jobs would be in coastal communities stretching around the UK…
Serbia, which is fully dependent on Russian gas supplies, plans to purchase gas from Azerbaijan in 2023 when it expects an interconnector to Bulgaria's pipeline to be completed, Serbia's energy minister said on Tuesday.'We are currently talking…
Gas leaks were reported at Equinor's Sleipner offshore field on Monday, leading to the shutdown of parts of the gas field located in the North Sea, offshore Norway.According to Equinor, on Monday morning, gas leaked in a contained area related…
Cash-strapped offshore construction company Lamprell said Tuesday it had received a combined non-binding indicative all cash offer from Blofeld and Al Gihaz for the acquisition of all remaining Lamprell shares. The Blofeld and Al Gihaz have a combined shareholding of 44…
Shares in Italy's Saipem fell as much as 40% on Tuesday after investors subscribed for only 70% of its 2 billion euro cash call, signaling limited confidence in the turnaround plan for the Italian energy services group.Saipem said on Monday it had raised around 1…
British lawmakers approved a 25% windfall tax on oil and gas producers in the British North Sea on Monday, which the government says will raise 5 billion pounds ($5.95 billion) in one year to help people struggling with soaring energy bills…
Mexico's state-owned oil company Pemex plunged deeper into so-called junk status on Monday after a major credit rating agency downgraded its long-term debt by one notch.Moody's Investors Service cut Pemex's credit rating to B1 from Ba3, or four notches into the agency's speculative status…
UK North Sea-focused oil and gas company Serica Energy's Board in May and June rejected potential merger proposals from Kistos, an energy industry investment company established in England and Wales in October 2020. Per Kistos, Serica in July sent a counter-proposal…
Shell on Monday told customers it would be unable to supply liquefied natural gas (LNG) cargoes from its Prelude facility off northwestern Australia due to industrial action over a pay fight, which has been extended to July 21.Shell has stopped…
Marine data acquisition services company TDI-Brooks announced it has named Rich Hendren Ph.D. to its executive leadership team as Vice President of Operations Integrity and Quality DevelopmentHendren retired from the U.S. Navy after over 30 years of service in submarines…
Oil and gas firm Kistos has acquired a 20% stake in the Greater Laggan Area producing offshore gas fields in the UK and associated infrastructure alongside various interests in certain other exploration licenses, including a 25% interest in the Benriach prospect…
UK-based oil and gas firm Serica Energy has started drilling at the North Eigg offshore exploration well in the UK North Sea.The Well 3/24c-NE1 was spudded at 04:30 Monday morning using Transocean Paul B. Loyd Jr. harsh environment semi-submersible drilling rig…
Norwegian offshore vessel owners Solstad Offshore, Siem Offshore, and Standard Supply have all secured offshore vessel contracts in the past few days.Solstad Offshore on Monday said it had secured a contract for the platform supply vessel Normand Swan in Australia…
Waldorf Production and Shorelight Partners today announced the signing of a sale and purchase agreement for the acquisition of the entire share capital of Alpha Petroleum, an upstream oil and gas company focusing on the UK North Sea, by Waldorf…
Dräger Marine & Offshore, a provider of marine & offshore safety systems, has opened a new facility measuring almost 2,000 m2 at ABZ Business Park in Dyce, Aberdeen.'The facility allows Dräger Marine & Offshore to stock equipment which is available for hire and deployment straight away…
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