Roberto Abraham Scaruffi

Norway’s offshore fleet in for more pain as 100 vessels stacked The number of Norwegian offshore vessels idled with nothing to do has gone from zero to 100 in just a year. And the woes are far from over, the industry’s top lobbyist said. “The worst is still to come,” Sturla Henriksen, chief executive officer of t… Read More

Osborne warned ‘don’t mess with oil’ Aberdeen South MP Callum McCaig today warned the chancellor against “preaching” to North Sea experts about how the industry should be run. The SNP’s energy and climate change spokesman voiced concerns that contractors in the oil and… Read More

Atlantic Petroleum postpones financial results following collapse of North Sea partner Oil and gas firm Atlantic Petroleum has postponed its financial results and hired an investment bank to find it a new backer as its partner on a North Sea field dices with bankruptcy. Faroe-Islands-based Atlantic has a 25% stake in the Orlando Field… Read More

Minister launches scathing attack on failure to “protect” oil and gas sector John Swinney has launched a scathing attack on the UK Government over its “failure” to protect the oil and gas sector. The deputy first minister claimed the chancellor’s approach to the North Sea had “ultimately harmed” … Read More

New City Deal can help Aberdeen deal with oil and gas “rollercoaster” economy A new City Deal for Aberdeen could help the city off the rollercoaster economy created by North Sea oil’s boom and bust nature. That’s the view of two of the city’s top property lawyers who believe cooperation between the public and… Read More

Autumn Statement 2015: Guest editor Derek Leith says we need reassurance As the Autumn Statement is announced this week, Derek Leith, UK head of oil and gas taxation at EY, has taken up the role of Energy Voice’s guest editor. Follow along each day as he spells out the challenges and triumphs the industry faces. It is alm… Read More

Oil bulls see little chance of help from OPEC as supply grows Hedge funds are betting OPEC won’t do anything next month to keep crude oil above $40 a barrel. OPEC ministers are likely to keep its output quota steady at a meeting on Dec. 4 in Vienna, according to analysts from JBC Energy GmbH and Societe General… Read More

Obama and Putin agree on bombing Islamic State’s oil pipeline When Vladimir Putin met with Barack Obama in Turkey on Sunday to discuss the terrorist attacks in Paris, he brought along some photos. The satellite images showed rows of trucks laden with Islamic State oil stretching into the Syrian horizon, a perso… Read More