Ithaca Energy in ‘offshore first’ as platform goes 100% green
Ithaca Energy has celebrated an “offshore first” as one of its North Sea platforms has become 100% powered by renewable energy.
Ithaca Energy has celebrated an “offshore first” as one of its North Sea platforms has become 100% powered by renewable energy.
Perenco UK fell to losses of £113.2million for the period prior to the outbreak of the Covid-19 pandemic.
The chief executive of NHV has accused rival helicopter operator Babcock of engaging in a “race to the bottom” after a pair of North Sea contracts with Total changed hands.
Bilfinger has revealed it has shed nearly 2,600 jobs globally since the start of 2020.
Diamond Offshore has received a warning from the safety regulator after “asbestos debris” was spread on a North Sea rig.
Shell has delivered new seismic data on the Pensacola prospect in the North Sea, with partner Deltic Energy claiming it is “highly analogous” to a discovery which struck oil last year.
A UK boss of Petrofac has warned the North Sea supply chain “cannot afford for bad practices to creep in during this moment of crisis".
Awilco Drilling has sunk to losses of £10.6million in the first half of 2020 amid separate disputes with rig builder Keppel Fels and HMRC.
Petrofac is expecting areas of its business to “bounce back” in 2021, according to a UK boss, as it handles the effects of Covid-19.
A BP worker who was sacked for mocking management using a meme of Hitler has won a compensation claim for nearly £110,000.
Aberdeen shares top spot with Glasgow, Norwich and Slough in a league table of UK towns and cities seeing the biggest month-on-month increase in people claiming unemployment- related benefits.
Halliburton Co. has been slashing jobs and retiring fracking gear as low oil prices crushed its order book. Now it’s going one step further by selling the land its business rested on.
The oil market turmoil brought on by Covid-19 has led to lower-than-anticipated activity and delayed projects, forcing the industry to deploy cost-cutting measures. A Rystad Energy analysis of the top 50 oilfield service (OFS) firms shows that staffing is set to reach its lowest level in more than 10 years, with the anticipated revenue per employee also declining towards the previous downturn’s level.
Technology developed for the marine energy industry may help salmon farmers operate in more remote locations and reduce their environmental impact, according to the partners in an innovative research project.
Deltic Energy has announced a “material increase” in estimates of gas at a North Sea licence which Shell farmed into last year.
Petrofac has set new targets to reduce its emissions and increase the percentage of women in its senior roles within the decade.
Safety concerns have been raised after figures revealed a 55-tonne gas leak at the Apache Beryl Alpha platform in the North Sea.
The oil cleanup from a leaking cargo ship that ran aground off the coast of Mauritius continues while the government and insurance firms begin probing liability for the accident.
Occidental Petroleum Corp. reported a $6.6 billion writedown in the second quarter, equivalent to more than 40% of its market value, as the collapse in energy prices took its toll on the debt-laden U.S. shale oil producer.
In this month's issue of Petroleum Review, the Energy Institute (EI) examines the transition towards net zero through the eyes of energy professionals, with a particular focus on the oil and gas sector.
Job losses related to the coronavirus pandemic are approaching the 100,000 mark for US oilfield services companies as layoffs continued to mount in July.
Following yesterday’s announcement of Equinor’s appointment of a new CEO, with an increased focus on the energy transition;
Aberdeen Harbour has awards £4.3million worth of contracts for the South Harbour construction project.
Equinor has appointed insider Anders Opedal as its new CEO, replacing Eldar Saetre who is to retire after 40 years in the Norwegian energy company.
An RNLI crew was called out to rescue two people who became “stranded” on the anchor chain of a Cromarty Firth oil rig on Friday evening.