ITF’s fifth annual Technology Showcase welcomed its largest number of delegates and exhibitors at Aberdeen Exhibition and Conference Centre on 1 November, 2012.
The event, in partnership with the Department of Energy and Climate Change (DECC) and PILOT, tackled the most pressing challenges in the industry from production optimisation through…
Energy Minister John Hayes has given Chevron North Sea Ltd consent to drill the deepwater Cambo-5 well, West of the Shetland Isles.
Chevron is to drill the well as substitute operator on behalf of the block licence operator, Hess Limited, and the Cambo co-venturers.
The Department of Energy and Climate Change…
Norway’s Petroleum & Energy Ministry is seeking suitable research projects to qualify for funding as part of a planned Arctic centre that is intended to develop specialist expertise for exploitation of the prospective northern region.
The centre, aimed at building up a research and development environment for Arctic innovation, is…
The company’s stock took a beating last week after it warned of lower-than-expected production next year mainly due to issues at Brazilian and Egyptian plays.
However, shares began to nudge up slightly on Monday morning after BG revealed it had inked a new five-year syndicated committed facility.
This replaces its previous…
Royal Dutch Shell profits fell 15pc to $6.1bn (£3.8bn) in the third quarter, dented by lower oil and gas prices and a writedown of US shale gas assets.
Excluding one-off items, earnings came in at $6.6bn – a 6pc decrease on last year, but beating analysts’ consensus of $6.3bn.
Shell raised…
