Scotland
Ithaca Energy to purchase Siccar Point Energy in $1.5bn deal
Ithaca Energy has brokered a deal to purchase Siccar Point Energy, which operates the controversial Cambo oil project in the…
How the North of Tyne region is leveraging its legacy to define its future
The North of Tyne, once synonymous with shipbuilding and mining, has taken major steps to diversify its sectoral offering, playing…
Revamped Kishorn Port hosts an offshore titan
All images courtesy of Kishorn Port Ltd On 15 January 2019, an offshore titan arrived at Kishorn Port on Scotland’s…
The UK leads natural gas production outlook in the North Sea
During 2019 to 2025, a total of 69 crude and natural gas projects are expected to start operations in four…
Strikes begin on Total’s North Sea offshore platforms
Strikes led by British and Irish trade union Unite began on Monday, with workers taking 24 hours of industrial action…
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OGTC and University of Aberdeen launch National Decommissioning Centre
The Oil & Gas Technology Centre (OGTC) and the University of Aberdeen have opened the new National Decommissioning Centre (NDC)…
Deals and M&As this week: Elbit Systems, Sapura Drilling, Aibel
Elbit Systems has secured a $15m contract from Energean Israel for the Karish-Tanin offshore development project in Israel. The scope…
Titan Torque invests in new torque system to double capacity
Scotland-based oilfield services provider Titan Torque has invested in a new torque system designed by EnerQuip. The acquisition is expected…
Deals this week: Independent Oil and Gas, Aker Solutions, Wood Group
Independent Oil and Gas has entered a non-binding term agreement with London Oil and Gas (LOG), under which the latter…
Scotland announces funds to support oil and gas decommissioning
The Government of Scotland has announced additional funding to enable oil and gas supply chain benefits for decommissioning of the…
Subsea 7 wins Buzzard Phase 2 project contract
Subsea 7 has secured a contract from Canadian oil and gas company Nexen as part of the Buzzard Phase 2…
Deals this week: Total, Ocean Infinity, Kawasaki Heavy Industries
France-based Total plans to sell $1.5bn-worth of assets in the North Sea, UK. Total is expected to sell one-third of its…
Baker Hughes to invest in Scotland subsea manufacturing campus
US oil service giant Baker Hughes, a GE company, has revealed plans to make an investment of £31m ($41m) to…
Scotland’s OGIC to generate more than 500 jobs
The Oil & Gas Innovation Centre (OGIC) is expected to create more than 500 jobs through its projects, according to…
Deals this week: Providence Resources, Ithaca Energy, Spirit Energy
Irish oil and gas company Providence Resources plans to farm-out a part of its working interest in frontier exploration licence…