Oil & Gas

Health inspectors have found a hole in the deck of a North Sea rig – which appeared the same day a worker went missing and sparked a huge search off Aberdeen. The body of 50-year-old Jason Thomas has not been found following…

Workers who have retired from Shell (LON: SHEL) are furious after the oil and gas giant declined a rise in pension payments despite booking record profits and paying out huge bonuses to staff. A pensioner who worked for Shell…

The RV Petrel research ship, formerly known as Subsea 7’s Seven Petrel, has toppled while in a dry dock in Edinburgh, injuring several people. It is said that a major rescue operation is being undertaken at Imperial Dock in…

The strike action set to hit the Nort Sea has grown as Petrofac Unite Union members on BP installations have voted to take industrial action. The contractors voted to strike in a fight for better pay, bringing the tally of…

Genel Energy intends to spud a well in Somaliland within 12-16 months on the Toosan prospect. The company reported its annual results today. Production declined slightly, based on its Kurdistan properties, but free cash flow…

The world’s biggest oil traders said they’re wary of trying to muscle back into Russian exports, a response that might disappoint the US Treasury officials working to ensure no disruption to global petroleum supplies. Vitol…

Australia’s Hartshead Resources (ASX:HHR) has struck a deal with the Shell (LON: SHEL) to use the latter’s Leman Alpha platform as a tie-back host. Key commercial terms have been agreed for the transportation and processing…

A Diamond Offshore (NYSE: DO) drilling rig has returned to work with Shell in the UK North Sea following repairs. Analytics firm Esgian reports that the Ocean Endeavour semisub paused operations with the oil major in December…

Maintenance backlogs on offshore installations peaked following the pandemic and have never returned to pre-covid levels, health and safety watchdog has warned. “It could be said that we have the potential for a major…

For the first time ever, the UK shelled out more than £100 billion on annual energy imports in 2022. Last year’s £117bn bill is also more than double 2021’s total of £54bn, according to data in a new report from Offshore…