Energy Voice | Oil firm’s ex-CEO banned by SEC over undisclosed personal loans

The former head of a Houston-based oil producer agreed to be fined and banned from holding executive positions to settle a regulator’s claims that he financed a lavish lifestyle with unreported loans from company vendors and a hedge fund manager who was seeking a board seat. John D. Schiller Jr., 59, failed to disclose more […]

Energy Voice | Shetland names 10 projects for growth

Ten projects which could generate more than 600 jobs through increased productivity and economic growth have been identified by Shetland Islands Council (SIC) ahead of negotiations with government on securing an islands deal. The list, which covers areas from digital connectivity and housing to industrial developments and decommissioning facilities, would require investment of around £200 […]

Energy Voice | Transocean wins 13-well North Sea contract with ConocoPhillips

Offshore driller Transocean has won a 13-well UK North Sea contract with ConocoPhillips. The Swiss firm said the deal brings the estimated value of its contract backlog to around £56.6million. It expects the work to last 580 days, starting in March 2019. The contract also includes a one-well option. The midwater semisubmersible rig Transocean 712 […]

Energy Voice | Shell fined £40,000 for breaching pollution rules at Fife plant

Energy giant Shell has been fined £40,000 for breaching climate pollution rules at the Mossmorran Chemical plant in Fife. The Scottish Environment Protection Agency  (SEPA) imposed the fine after Shell broke regulation on reporting emissions at the site between 2013 and 2015. Shell operates a plant at the site in Fife to process thousands of […]

Energy Voice | Energy investment falls raising concern over supply and security

Global investment in energy is failing to keep up with security and sustainability goals, according to the International Energy Agency (IEA). A new report from the organisation states worldwide investment last year totalled £1.3trillion, a 2% real terms decline from 2016. The electricity sector attracted the largest share, surpassing oil and gas for the second […]

Energy Voice | Caudrilla fracks second UK horizontal well

Fracking firm Cuadrilla has announced the completion of the UK’s second shale horizontal well at its Lancashire site. The company said that drilling at the exploration site at Preston New Road was to a depth of 2,100m below the surface and extends laterally for some 750 metres through the shale gas reservoir. The first well drilled […]

Energy Voice | Nexen makes £20k north-east charity donation

An oil and gas firm has helped people with life-challenging conditions by donating nearly £20,000 to charity. Cornerstone Connects Stonehaven (CCS) supports 35 people and also has a shop specialising in Fair Trade. Money gifted to the Cornerstone Foundation will go to a new social hub offering activities for people with disabilities and dementia. The […]

Seaway Heavy Lifting Begins Next Cable Installation Campaign at Beatrice

Seaway Heavy Lifting (SHL) has started the third inter array cable installation campaign for the Beatrice Offshore Windfarm Ltd (BOWL) off the Caithness coast. The cable laying vessel Seaway Aimery supported by the cable support vessel Siem Barracuda and cable trenching vessel Grand Canyon will undertake the work. The CLV Seaway Aimery will install 41 inter array […]