Ocean Installer, a subsidiary of Moreld, has executed an 18-month option, extending the charter-party with ship owner North ...

North Sea oil rig More than £250m was wiped off the value of John Wood Group after accountants found “material weaknesses and failures” in the North Sea engineering giant’s governance and ...

More than £250m was wiped off the value of John Wood Group after accountants found “material weaknesses and failures” in the North Sea engineering giant’s governance and financial practices.

The company, which holds major stakes in North Sea assets such as Kraken, Magnus, and Golden Eagle, said production averaged 40.7 Kboed (thousand barrels of oil equivalent per day) in 2024. And it ...

Ed Miliband risks destroying the UK’s reputation if he blocks Britain’s two biggest offshore oil and gas developments, the boss of energy giant Equinor has warned.

A giant gas field has been discovered under Lincolnshire that could fuel the UK’s entire needs for a decade, reducing ...

Stockpiles of sand and gravel on a spur of land beyond Gimblet Rock are being trucked along Pwllheli’s seafront, past coastal properties, to Traeth Crugan by the town’s golf course. There, it’s being ...

Mr Opedal told the BBC he was confident that Rosebank - a giant new oil field in the North Sea - would go ahead, despite a recent court ruling that consent had been awarded unlawfully. He also warned ...