Bilfinger Salamis contractors on Taqa assets claim ‘discrimination’ over IR35 pay changes
A pay row has been sparked between Bilfinger Salamis and dozens of independent contractors it hires on Taqa assets over IR35 tax changes.
Wood lands work on Europe’s largest single-site onshore wind farm
Aberdeen-headquartered Wood has been appointed as “owner’s engineer” on Europe’s largest single-site onshore wind farm.
Ithaca Energy sinks to £400m losses, eyes extra barrels in Marigold and Isabella
Ithaca Energy sank to losses of £400million in 2020 but the firm is eyeing extra barrels from a pair of North Sea prospects.
SSE to sell stake in Scottish gas network to focus on power
SSE plans to sell its 33% stake in local gas network company Scotland Gas Networks Plc as part of its plan to focus on renewable generation.
Exxon sees up to $800million earnings hit from Texas freeze
Exxon Mobil Corp. expects first-quarter earnings to be reduced by as much as $800 million due to the deep freeze that plunged Texas into darkness last month.
KCA Deutag facing better future after ‘battening down the hatches’
KCA Deutag is facing better prospects after slashing its debt and “battening down the hatches” in during a tumultuous 2020, the Aberdeen-based oil and gas drilling giant’s chief finance officer said yesterday.
Drillships back to pre-Covid levels as owners test $200K ‘ceiling’ on day rates
The “psychological ceiling” of $200,000 day rates for offshore drillships will be broken “more routinely” now that the market has reached pre-Covid levels.
Brunel launches hydrogen course to retrain oil workers
Energy recruitment firm Brunel has launched a degree for oil and gas workers to retrain for work in hydrogen.
‘We faced a common enemy’: Oil industry leaders reflect on HSE trials of 2020
Industry leaders reflected on a year spent “facing a common enemy” during the closing session of the Oil and Gas UK HSE conference.
Virtual service planned to mark 2009 Super Puma anniversary
A virtual remembrance service next week will mark 12 years since the fatal super puma helicopter crash off Peterhead in 2009.
Fire and equipment failures hit production for Premier Oil Catcher field
A fire on board and other equipment failures cut production at the Premier Oil Catcher FPSO by nearly a quarter last year.
Eni and Strathclyde Uni team up to help Scots oil workers move into renewables
Eni and the University of Strathclyde are joining forces to help Scottish oil workers transition into renewables.
Alpha Petroleum submits decommissioning plans for North Sea platform
Alpha Petroleum has handed in decommissioning plans for its Wenlock platform in the North Sea.
Ineos Energy to sell oil and gas business in Norway for $615m
Ineos Energy has announced a deal to sell its oil and gas assets in Norway for $615million.
Sulmara Subsea appoints first CCO
Scottish firm Sulmara Subsea has appointed its first chief commercial officer (CCO) as it continues its growth drive.
UK offshore wind sector predicts 43,000 new jobs, £60billion investment by 2026
The number of jobs in the UK offshore wind industry will swell by more than 43,000 within the next five years, according to a new report.
Threshold for ScotWind bids increased ten-fold after Big Oil splashes cash
Scotland has given a ten-fold increase to maximum bids for its offshore wind auction, ScotWind, after Big Oil flexed its financial muscles last month.
Global Underwater Hub gets £6.5m from Scottish Government
Plans for a new Global Underwater Hub for subsea engineering, led from Aberdeen, has been allocated £6.5million of Scottish Government funding.
Warning of vaccine lag for North Sea as maintenance backlog builds
Industry leaders have warned that the pace of vaccine rollout in the North Sea could be moving too slowly to deal with a rising maintenance backlog, as a crucial shutdown period approaches.
Safe Caledonia heads back to work for Total UK contract
The Prosafe vessel Safe Caledonia is heading back to work for a Total contract, after more than a year being laid up in waters off Orkney.
Bilfinger Salamis lands multi-million pound inspection contract with Altera
Bilfinger Salamis has landed a multi-million pound inspection deal with Altera Infrastructure.
Amazon Prime hires Aberdeen oil firms for TV show ‘The Rig’
Amazon Prime has hired a pair of Aberdeen oil companies to help supply the set of its new TV series “The Rig”.
Is the age of the oil and gas expat coming to an end?
The upheaval of 2020 accelerated a number of trends that were already in motion, some slower in motion than others: flexible working, digital communication and employee wellbeing to name but a few.
BP takes £2bn hit on value of UK North Sea assets
BP has taken a $2.79bn (£2billion) impairment on the value of its oil and gas assets in the UK North Sea.
BP CEO Looney takes £1.7m pay package in 2020
BP CEO Bernard Looney was awarded a total pay package of £1.7million in 2020.