Scotland's Oil

Scotland's Oil

Scottish exports soar by nearly one fifth in UK high

Scottish goods exports have risen by nearly a fifth, with oil and gas the fastest climber.

Energy 189
Leading industry figure Sir Ian Wood produced a report on maximising yield in the North Sea in 2014. Picture: TSPL

Oil and gas production forecast to be 2.8bn barrels higher

Oil and gas production over the next three decades could be 2.8 billion barrels higher than previously anticipated.

News 32
The Lancaster discovery was a welcome boost for the North Sea energy sector. Picture: PA

Giant Shetland oil field to begin production next year

Production in the giant Lancaster oil field west of Shetland is on course to begin next year, HurricanE Energy has said.

Energy 225

SNP calls for North Sea oil tax revenues to be reinvested in Scotland

The SNP has called for growing tax revenues from North Sea oil to be reinvested in Scotland following reports the UK treasury could earn around £1bn this financial year.

Energy 374
The finds were made in the central North Sea and west of Shetland

Scotland’s oil and gas sector ‘alive and kicking’

Energy giant BP has said it expects to double production in the North Sea by 2020 as it announced two new oil and gas discoveries in the area.

Energy 218
The Edinburgh-based start-up has won a lucrative contract from Shell. Picture: PA

Edinburgh-based start-up Cognitive Geology wins Shell contract

Cognitive Geology, an Edinburgh-based technology start-up, has secured a $1.2 million (£872,000) contract with oil giant Shell for its geological mapping software.

Tech 2

Removing North Sea oil platforms ‘could do more harm than good’

North Sea oil platforms should be made clean and safe then left in position, according to an industry expert.

News 1

Ineos unveils legal challenge to Scottish fracking ban

Scotland’s fracking ban is to face a legal challenge from Grangemouth owner INEOS amid claims the move is “unlawful” and a “misuse of ministerial power”.

Politics 190
Experts have a theory to predict when rogue waves might occur which could damage oil platforms

Rogue wave research to help with oil rig design

New understanding of the “dangerous phenomenon” of unusually large ocean waves could help inform the design of oil platforms and other offshore structures, researchers have said.

Offshore drilling at a rig, File Picture

Police launch inquiry after gun used to relight North Sea oil flare

Police are investigating after a gun was used to relight the flare on a North Sea platform.

Aberdeen & North East 4
Operators Ineos said the repair is complete and some customers are now sending oil and gas through the pipeline at reduced rates while pressure is tested. Picture: Michael Gillen

Forties pipeline carrying oil and gas again after crack repair

The Forties Pipeline, which carries 40 per cent of North Sea oil and gas, has partially reopened after a crack in the pipe was repaired.


Ineos North Sea oil and gas pipeline to be shut for repairs

The Forties Pipeline, which carries 40 per cent of North Sea oil and gas, is to be shut down to repair a crack in the pipe.

Energy 33

Storm Caroline: Rig workers evacuated from North Sea platform

Almost 70 offshore workers have been evacuated from a North Sea platform amid fears of damage and destruction as Storm Caroline closes in on the UK.

Aberdeen & North East 4
The Scottish Fiscal Commission has forecast near stagnant economic growth for Scotland. Picture: Ivar Langvik

Worker dies after falling ill on North Sea oil platform

A worker has died after falling ill on a North Sea oil platform.


£17bn to be spent on North Sea decommissioning by 2025

Spending on decommissioning in the UK sector of the North Sea could total £17 billion over the next eight years, an industry expert has said.

Energy 2

Budget 2017: Tax break for faltering North Sea oil industry

The Chancellor announced a long-awaited tax break for the North Sea oil and gas industry as official figures showed the sector is facing bleak outlook with little sign of recovery.

An oil rig. Picture: SWNS

BP sells interest in North Sea assets in £300m deal

Energy giant BP has stressed that it remains committed to the North Sea, despite selling off several of their offshore assets to up-and-coming firm Serica.

Robots could be used in hazardous offshore environments, Photo: Steve Parsons/PA Wire

Robots could be used to minimise North Sea oil and gas dangers

A £36 million project will develop robots to work in hazardous offshore environments.

Aberdeen & North East
The shale gas carrier INEOS Insight makes its way to dock at Grangemouth

INEOS completes purchase of North Sea oil pipeline

Petrochemical giant INEOS has completed its purchase of the Forties Pipeline System (FPS) in the North Sea.

Hurricane Energy said the announcement was an 'important step in demonstrating the potential of the UK continental shelf' in general. Picture: PA

Lancaster oil field near Shetland wins regulatory approval

A massive oil field to the west of Shetland could begin production in 2019 after winning regulatory approval.

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