Energy News

Scotland’s oil and gas sector delivered record £22.9 billion sales during 2014

New figures showing Scotland’s total oil and gas supply chain sales reached a record £22.9 billion during 2014, over half of which was delivered via international activity. ...Read More

New office opening means new jobs for oil and gas sector

Scotland’s oil and gas sector has received a boost from Chinese-based iRes-Geo Technology Ltd which has opened its first Scottish base at Heriot Watt University’s Research Park. ...Read More

Global Energy acquires Australian marine micro ROV specialists

Scotlands's Global Energy Group has acquired Perth, Australia-based subsea technology company, Geo Oceans. ...Read More

New Aberdeen / Mozambique partnership could be worth "tens of millions"

An important new partnership between Aberdeen and the Mozambican city of Pemba could result in tens of millions of pounds to the Scottish economy after today [Monday 15 February 2021]. ...Read More

New plan for long term oil and gas industry growth

A new oil and gas strategy calls for a transformed supply chain to drive efficiency, innovation and internationalisation to ensure a long and vibrant future for the sector. ...Read More

Portal to share oil and gas efficiency success goes live

An online portal which highlights energy companies’ successful efforts to improve efficiency and share common challenges has gone live. ...Read More

Shell plans job cuts after BG takeover

Shell has announced plans to reduce its global workforce by approximately 2,800 if its planned takeover of British oil firm BG Group is successful. ...Read More

Industry Behaviours Charter signed by Oil & Gas UK Board

Oil & Gas UK’s Efficiency Task Force has launched the Industry Behaviours Charter – a collective commitment to work effectively, efficiently and co-operatively in order to achieve “transformational” change. ...Read More

Renewables delivering £10million of community benefits

Scotland’s First Minister has announced that the country’s communities are benefitting from £10million every year from renewable energy projects. ...Read More

INEOS buys North Sea fields providing 8% of UK gas

INEOS has completed the purchase of all UK North Sea gas fields owned by DEA Deutsche Erdoel AG, as it continues towards its goal of becoming the UK’s leading player in onshore gas development. ...Read More


Oil & Gas UK announces Board changes

The representative organisation for the UK offshore oil and gas industry, Oil & Gas UK, has appointed a number of member company representatives to its board. ...Read More

North Sea confidence at all-time low

Confidence and activity levels on the UK Continental Shelf are at an all-time low, with four in five contractors saying they are less confident about their prospects than a year ago. ...Read More

Industry bodies to align and improve decommissioning agenda

UK offshore oil and gas industry trade bodies Oil & Gas UK and Decom North Sea are set to align on key areas in order to deliver an enhanced decommissioning agenda for the North Sea. ...Read More

Oil & Gas UK report shows “steady growth” in decommissioning

Growth in the UK oil and gas industry’s decommissioning sector is at a “steady pace” according to a new report from Oil & Gas UK. ...Read More

Co-operative approach sees new decommissioning advice

Oil & Gas UK and Decom North Sea have jointly published the “Adoption of Novel Solutions” report, providing good practice for how to use new technologies when decommissioning offshore assets. ...Read More

New publications to promote efficient decommissioning

Oil & Gas UK has published two new documents to help operators and contractors plan and execute their decommissioning activities more efficiently. ...Read More

NSRI to explore opportunities in Japan

The National Subsea Research Initiative (NSRI) will embark upon a trade mission to Japan next week, exploring the opportunities in subsea mining and renewables available in East Asia. ...Read More

“Glimmer” of oil and gas optimism shows progress

The latest Business Sentiment Index from Oil & Gas UK has found that, while there are still concerns about the industry’s future, there has been a rise in optimism from operators and contractors. ...Read More

Ineos signs shale gas deal with ExxonMobil and Shell

Ineos has signed an agreement with ExxonMobil Chemical Limited and Shell Chemicals Europe BV to supply ethane from US shale gas for the Fife Ethylene Plant. ...Read More

Employers asked to support oil and gas apprenticeships

North Sea oil and gas firms are being asked to continue their support for technical apprenticeships for young people during the current downturn. ...Read More

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