Search Results for north sea

Union calls for North Sea industry summit

Unite, Scotland’s biggest union, has called for a cross-sector oil and gas summit to “plan for the industry’s survival and growth” after Shell announced it will…


BP doubles stake in North Sea gas megaproject

BP said on Monday it has doubled its interest in the Maersk-operated $4.5 billion Culzean gas development in the UK central North Sea after acquiring an additional interest from JX…


Wood wins $150m North Sea contract extension

Aberdeen-based energy services giant Wood  Group has won a five year $150 million contract extension from Nexen — extending a deal that has been in place since April…




Shell mulls sale of North Sea assets

Royal Dutch Shell is considering the sale of some of its North Sea operations following its £35 billion takeover of rival oil and gas producer BG Group. Shell has…



Ineos sets up new North Sea business

Grangemouth refinery operator Ineos said it has set up a new oil and gas subsidiary to hunt for opportunities as it completed the purchase of the North Sea natural…



























Ineos in $3bn talks for Conoco N Sea assets

Grangemouth refinery operator Ineos confirmed on Sunday it is in talks with ConocoPhillips to acquire its assets in the North Sea — with industry analysts saying…












Big changes as Macquarie seals Green Bank deal

Australia’s Macquarie Group said on Friday its consortium completed the acquisition of Edinburgh-based UK Green Investment Bank from the UK Government for £2.3 billion. Macquarie said…







New CEO at Edinburgh Research & Innovation

A new chief executive officer, George Baxter, joined Edinburgh Research & Innovation (ERI) on Monday “to spearhead commercialisation and industry engagement activity at the University…





Aberdeen’s Proserv in sponsor-backed MBO

Aberdeen-headquartered Proserv has successfully completed a sponsor-backed management buyout (MBO) and is introducing an employee ownership scheme — marking a significant milestone in the company’s…