Energy

Energy

Decom North Sea names chief executive

Decom North Sea, the membership body for the oil and gas decommissioning sector, has appointed John Warrender as its chief executive.

News
Aberdeen initiative to unlock 3.5bn barrels of oil

Aberdeen initiative to unlock 3.5bn barrels of oil

An Aberdeen-based not-for-profit organisation is launching a new initiative that could unlock more than 3.5 billion barrels of oil on the UK Continental Shelf (UKCS).

News 1
Wood Group brings in new chief technology officer

Wood Group brings in new chief technology officer

Energy and engineering services giant Wood Group has appointed Darren Martin to the new role of chief technology officer as the firm looks to ramp up its digital offering.

News
The project intially involved seven fields, four operated by BP and three by Shell, all funnelled through the central processing facility. Picture: Andy Buchanan/PA Wire

Major North Sea oil project to last ‘into late 2030s’

One of the North Sea’s most complex developments will continue to produce oil and gas for another 20 years, operators have said.

News 9
Reabold has an interest in wells in the Moray Firth via its investment in operator Corallian Energy. Picture: Getty

Reabold kick-starts gas and oil drilling in Moray Firth and North Sea

An upstream oil and gas investment company will initiate drilling this year across half a dozen projects in areas including the Moray Firth and the North Sea.

Energy
Tony Durrant. Picture; submitted

Progress at North Sea’s Catcher field gives boost to Premier

Premier Oil has hailed progress at a major North Sea field.

News
Cairn Energy executives James Smith, on the left, and Simon Thomson, on the right.

Indian government seizes $216m after sale of part of Cairn’s Vedanta stake

Cairn Energy yesterday said the Indian government had sold part of the Scottish firm’s stake in Vedanta and seized the $216 million (£162m) proceeds as arbitration over a long-running tax dispute nears.

News
First Minister of Scotland Nicola Sturgeon

Nicola Sturgeon keen to create Scottish public-owned energy firm

The feasibility of a Scottish state-owned energy company is set to be examined.

News 22
The firm has carried out more than 1,000 blade repair projects. Picture: Contributed

Alpha Offshore Service awarded Dutch wind farm contract

Alpha Offshore Service, which was acquired by Aberdeen-based Sparrows Group last year, has been awarded a contract for a large windfarm in the Dutch sector of the North Sea.

News 1
Spirit Energy will take on operatorship of the Babbage gas field. Picture: contributed.

Spirit Energy to take on operatorship of North Sea gas field

Oil and gas operator Spirit Energy will take on the operatorship of a UK gas field in which it holds a 13 per cent share, it was confirmed today.

News
KHI directors with Steve Ham of The Underwater Centre and Fiona Hyslop MSP in Tokyo, alongside the AUV

Japanese deal will see ‘world’s first’ undersea robotic arm tested in Scotland

A major Japanese industrial corporation has signed an agreement that will see the world’s first test of an autonomous underwater vehicle (AUV) undertaken in Scotland.

Tech
The new Ineos plants will be similar to those at Grangemouth. Picture: Michael Gillen.

Ineos invest in new plants set to use Scottish expertise

Ineos has announced its biggest ever investment of €2.7 billion (£2.4bn) in new European chemical plants.

News
David Stephenson and Steve Kent of Deep Casing Tools

Private equity boost for oil tech firm Deep Casing Tools

An oil and gas technology firm has secured new investment from a private equity company to drive its growth, following a “challenging time” in the industry.

Energy
Tariq Muneer

Tariq Muneer: Renewable energy and better batteries will power the rollout of electric cars

In the year 2000, a leading magazine carried out a ­survey in which readers were asked to choose a single word that would encompass the development of the previous century.

Opinion 6
Alan Cook, partner and commercial property specialist at legal firm Pinsent Masons. Picture: contributed

Comment: Devolved seabed powers spell promising future for Scotland

Management of the Scottish seabed is a current topic for developers and those with an interest in offshore renewable energy projects, following the recent transfer of the Crown Estate’s Scottish functions to the control of the Scottish Parliament.

Opinion

Growth firm launches with energy acquisition

An Aberdeen-based “growth engine” has officially launched with the seven-figure acquisition of an oil recovery technology specialist headquartered in the Granite City.

News
EnerMech's UK director of mechanical handling services, Chris Dixon. Picture: Simon Price

EnerMech gets a lift with North Sea crane deals

Aberdeen-based crane and engineering services group EnerMech has secured new contracts and extended others in deals worth in excess of £21 million.

News
Picture: FPA

Oil and gas decommissioning cost drops

The estimated cost of decommissioning the oil and gas infrastructure on the UK Continental Shelf has decreased by £4 billion, according to a study published today.

Management 1
The firm now employs 35 people at its Edinburgh headquarters. Picture: Greg Macvean

Edinburgh firm get smart with £20m in savings to UK businesses

An Edinburgh-based energy firm that started at a kitchen table is celebrating its tenth anniversary of “smart grid” operations, by announcing it has surpassed the £20 million mark in benefits for its customers.

News
Petrofac is a key employer in Scotland. Picture: Contributed

Petrofac sees some upturn in North Sea activity

Oil services group Petrofac today said that it was seeing “early signs of recovery” in the UK North Sea.

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