Industry Headlines News for North Sea


FEATURED STORY

Results 50 articles shown

Oil Edges Up As China,US Set Trade Talks But Markets Wary Of Slowing Demand
Thursday, August 16, 2018 Oil prices on Thursday clawed back some of the previous day's losses.

Workers To Strike At Three Total North Sea Oil And Gas Platforms On Aug. 20
Thursday, August 16, 2018 Workers at three of Total's North Sea oil and gas platforms will go ahead with a 24-hour strike on Monday despite holding talks with the company.

BLOG: The Job of Keeping Offshore Workers Well-Fed Never Ends
Thursday, August 16, 2018 Find out what goes into keeping an offshore facility's galley operating 24/7.

Crude Oil Settles Near Intraday High
Thursday, August 16, 2018 The September WTI oil futures prices ended Thursday's session six cents shy of the intraday high.

Billionaires Throw Weight Behind Oil Rally
Wednesday, August 15, 2018 The recovery in the oil industry is attracting some of the most recognized billionaires in money management.

Union, Total to Hold Discussions Thursday
Wednesday, August 15, 2018 UK union Unite will hold discussions with Total on August 16 to try and reach a resolution to a dispute which has seen Unite carry out strikes on the Alwyn, Dunbar and Elgin rigs in the North Sea.

Analysts: Oil Price Rise to Drive Up Drilling Globally
Wednesday, August 15, 2018 The rise in oil prices will continue to drive up drilling activity globally over the second half of the year and 2019, according to oil and gas analysts at Fitch Solutions Macro Research.

Exec: Upstream Culture Looking More Downstream
Wednesday, August 15, 2018 Pressure to drive down breakeven cost contributes to upstream culture shift.

Global Upstream Project Delivery 'Finally Hitting the Mark'
Tuesday, August 14, 2018 Global upstream project delivery is 'finally hitting the mark', according to Wood Mackenzie.

Unite Members Accept New Aker Mariner Offer
Tuesday, August 14, 2018 UK union Unite confirms that members working for Aker Solutions on the Statoil Mariner oil platform have accepted an improved pay offer.

After Billions in Blowouts, Mega Oil and Gas Projects Are Back
Tuesday, August 14, 2018 Investors are about to find out whether the world's largest oil companies have learned their lesson from $80B of cost blowouts in major projects during the era of $100 crude.

Hardcore Hedge Fund Bulls Say Iran Sanctions May See Oil At $150
Tuesday, August 14, 2018 Some of the world's most prominent energy investors are convinced the price will return to record highs.

Dollar, Lira and Kingpin Weigh on Tuesday's Trading
Tuesday, August 14, 2018 A stronger US Dollar and a weakening Turkish lira factored into the oil market's performance on Tuesday.

U.S.-Iran Sanctions Give China Lead in Globe's Top Gas Field
Monday, August 13, 2018 CNPC is expected to take the lead on a $5 billion project to develop Iran's share of the world's biggest gas deposit.

Unite Carries Out 12-Hour North Sea Strike
Monday, August 13, 2018 UK union Unite is carrying out a 12-hour strike on the Alwyn, Dunbar and Elgin platforms in the North Sea today, a union spokesperson has confirmed.

Oil Drops on Strong Dollar, Turbulence in Turkey
Monday, August 13, 2018 Oil drops as economic turbulence in Turkey and the strengthening greenback heightens concerns about global oil demand.

Take a Virtual Field Trip to An Offshore Platform
Friday, August 10, 2018 A Google Street View depiction of the Alpha platform's helideck. SOURCE: Neptune Energy

Oil Up On Iran Sanctions But Set For Weekly Decline
Friday, August 10, 2018 Crude oil prices rose more than 1% as US sanctions against Iran looked set to tighten supply.

Scottish Government Announces Decommissioning Fund Boost
Thursday, August 09, 2018 An additional $6.4 million has been made available to the supply chain in Scotland 'to help maximize the economic benefit from the decommissioning of North Sea infrastructure'.

After Wednesday's Wild Ride, Crude Oil Stabilizes
Thursday, August 09, 2018 A day after hitting a nearly seven-week nadir, crude oil futures regained traction on Thursday but still ended the day lower.

OPEC Plus or OPEC Minus?
Wednesday, August 08, 2018 Since late 2016, the Organization of Petroleum Exporting Countries and other nations, including Russia, Kazakhstan and Mexico, have managed the oil market, giving birth to a group popularly known as OPEC+.

WoodMac Sees 'Loosening' of Oil Market Towards Year-End
Tuesday, August 07, 2018 Wood Mackenzie sees a 'loosening' of the oil market towards the end of the year, Sushant Gupta, a director at the research and consultancy business, reveals in an interview with CNBC on Tuesday.

Phase II of 'Prolific' UKCS Field Receives Full Sanction to Move Forward
Tuesday, August 07, 2018 The Buzzard Phase II project has received full sanction to move forward.

Iran's Oil-Market Realities: How Buyers Are Positioning for Sanctions
Monday, August 06, 2018 In 3 months' time, U.S. sanctions on Iran are due to enter into force that could drive the Persian Gulf nation's exports down toward zero and upend the global oil market.

Unite Carries Out Strike in North Sea
Monday, August 06, 2018 UK union Unite is carrying out a strike on the Alwyn, Dunbar and Elgin platforms in the North Sea today, a union spokesperson confirms.

3D Printers Poised to Shrink Distance Between Wellsite, Spare Parts
Monday, August 06, 2018 AdditiveNow is developing printing technology to make additive manufacturing more practical and affordable for oil and gas operations.

Saudi Arabia Crude Flows to U.S. Surge While Venezuela Output Declines
Monday, August 06, 2018 The world's largest oil exporter loaded 1 million barrels a day onto tankers bound for the U.S. in July. That's a 36 percent jump from June and the single biggest monthly flow to the U.S. since April 2017.

Stena Getting Offshore Rigs Back to Work with Simulators
Monday, August 06, 2018 The Stena Don semi-submersible. SOURCE: Stena Drilling

How to be a Good Manager in Oil, Gas
Friday, August 03, 2018 Rigzone talks to several oil and gas experts to find out what makes a good manager in the industry.

China Rejects U.S. Request to Cut Iranian Oil Imports
Friday, August 03, 2018 The U.S. has been unable to persuade China to cut Iranian oil imports, according to 2 officials familiar with the negotiations.

Unite Scheduled to Go Ahead with North Sea Strike on Monday
Friday, August 03, 2018 Members of UK union Unite employed by Total E&P working on North Sea oil and gas platforms are scheduled to go ahead with a 24-hour strike on August 6, a union spokesperson confirms.

Timing Differences Impact Oil Price Psychology
Thursday, August 02, 2018 Oil prices are sensitive to changes in the outlook for market balance.

Crude Oil Rallies on Reported Cushing Drawdown
Thursday, August 02, 2018 'The news event was storage at Cushing,' Bob Yawger, director of the Futures Division with Mizhuo Americas, told Rigzone.

Big Oil's Winners and Losers Emerge
Wednesday, August 01, 2018 Crude prices rose to 3-year highs, operating costs were down and profit was growing by double or triple digits, but investors still found plenty to complain about in Big Oil's 2Q earnings.

Union: Workers to be Balloted on New Pay Offer
Wednesday, August 01, 2018 UK union Unite confirms that members working for Aker Solutions on the Statoil Mariner oil platform are to be balloted on a new pay offer.

Oil Falls 2% On Rising Supply, Concern About Trade Tensions
Wednesday, August 01, 2018 Oil prices fell about 2% as a surprise increase in US crude stockpiles fed concerns about global oversupply.

BP Confidently Pursues Growth
Tuesday, July 31, 2018 BP plc churned out more profit than expected in the second quarter.

Report Outlines Global Oil Demand, Production, Reserves Figures
Tuesday, July 31, 2018 Global oil demand grew by 1.7% in 2017, according to a new report released by Eni.

Which Soft Skills Are Most Important for Oil, Gas Professionals?
Tuesday, July 31, 2018 Oil, gas recruiters highlight the most important soft skills for the sector.

Union: Strike At Total's North Sea Oilfields Ended At Midnight
Tuesday, July 31, 2018 A 12-hour strike by 45 workers that shut down production at three of Total's British offshore oil platforms ended as planned at midnight.

WTI Cracks $70 but Falters
Tuesday, July 31, 2018 Analyst contends oil markets 'are just correcting a bit.'

Unite Carries Out North Sea Strike
Monday, July 30, 2018 Members of UK union Unite employed by Total E&P working on North Sea oil and gas platforms are undertaking a 12-hour strike today as planned.

Oil Rises On Tight Supply Outlook
Monday, July 30, 2018 Oil prices rose, with US crude futures jumping more than 2%.

Strike At Total's UK Offshore Oil Platforms Set For Monday-Union
Friday, July 27, 2018 A 12-hour strike at Total's offshore oil and gas platforms in the North Sea will go ahead as planned on July 30, a spokesman for Britain's Unite the Union says.

Global Discovered Resources Increase by 30%, Led by Guyana
Friday, July 27, 2018 Rystad Energy believes this sets the stage for an exciting recovery.

Oil Prices Fall With Stock Market; Brent Marks Weekly Gain
Friday, July 27, 2018 Oil prices fell, weighed down by a drop in the US equities market.

Results Roundup: Shell Launches $25B Share Buyback Program
Thursday, July 26, 2018 Total, Repsol and Shell report their latest financial results.

Analysts: Increasing Scale, Repetition of North Sea Strikes Raises Risks
Thursday, July 26, 2018 The increasing scale and repetition of labor strikes in the North Sea raises operational risks, BMI Research says.

Crude Gets Lift from VLCC, Drone Attack Reports
Thursday, July 26, 2018 A pair of actions, one actual and another suspect, by Yemeni rebels helped to lift crude oil benchmark prices.

Majors 'On Pace' to Approve $37B+ in Projects During Calendar Year
Wednesday, July 25, 2018 Oil majors are 'on pace' to approve over $37 billion in projects during the calendar year, according to Rystad Energy.

Find More Articles with an Advanced Search
The results on this page are limited to showing the 50 most recent articles for this category, region, and date range combination.For more articles, please perform an Advanced Article Search.