Centrifuges Un-Limited rebrands to OSSO, appoints new CEO
Centrifuges Un-Limited has rebranded to "OSSO" and appointed a new chief executive as part of a major growth drive.
Restructuring options for oil companies in 2021 – Mayer Brown
Whether dealing with failure of a major project, reacting to crises at counterparties or weighed down by oil price weakness, many companies in the oil sector will have to undertake financial restructuring in 2021.
Report predicts surge of electric vehicles on Aberdeen roads
The number of electric vehicles on Aberdeen roads could surge 350-fold by 2050, according to a new report.
First of 100 turbines installed for Moray East wind farm
The first of 100 turbines has been installed for the huge Moray East wind farm off the north-east coast of Scotland.
Babcock continues to decry ‘weakness’ in oil and gas helicopter business
Babcock bosses have continued to hit out at its oil and gas helicopter business, saying “weakness” persisted through the third quarter.
Sepa cyber attack ‘likely to be by international organised cyber-crime groups’
The Scottish Environment Protection Agency (Sepa) confirmed it was continuing to respond to an ongoing ransomware attack, probably by international serious and organised cyber-crime groups.
Former senior Petrofac boss pleads guilty to further bribery charges
A former senior boss at Petrofac has pleaded guilty to further charges of bribery in a Serious Fraud Office (SFO) investigation related to contract wins worth billions of dollars.
Manufacturer for Scotland’s largest wind farms announces 220 job cuts
The manufacturer for the largest wind farms in Scotland has announced plans for 220 job cuts in what has been described as a "body blow" for the sector.
Stena Drilling awards IDS six-figure deal for ‘world first’ fleet data system
Stena Drilling has awarded Independent Data Services (IDS) a six-figure deal to upgrade its fleet with a “world-first” data system.
Showstopping costs make offshore wind and hydrogen ‘good ingredients but bad cocktail’ – Rystad
Offshore wind and hydrogen are “good ingredients but a bad cocktail” according to Rystad Energy, with high costs remaining a “showstopper”.
EnQuest files £25.8m legal claim against BP over ‘unpaid invoices’ at Sullom Voe Terminal
EnQuest has launched a legal claim against BP worth nearly £26 million for allegedly failing to pay invoices relating to Sullom Voe Terminal in Shetland.
Bafta-winning director making documentary on 1970s ‘oil boom’ in Highlands
A Bafta-award winning filmmaker is creating a new documentary on how the 1970s oil boom transformed the fate of a small village in the Highlands.
Shell making 330 UK job cuts, majority in Aberdeen
Shell is planning 330 job cuts from its UK oil and gas business, the majority in Aberdeen, as part of its global restructuring.
Chapter closed on Buchan Alpha as remains broken down for recycling
The remains of the Buchan Alpha oil platform have now been broken down and sent for recycling, completing the final stage of the long-running project.
Union hits back at ‘unsafe’ rota plan from Rever Offshore
A seafarers union has hit back at plans from Rever Offshore to continue an extended rota for workers which it claims is “unsafe”.
Aberdeen oil boss loses bid for mammoth $210million lawsuit
An Aberdeen oil boss has lost his bid for a $210million lawsuit, which alleged a lawyer conspiracy led to a raw deal that saw the collapse of his business and the value of his shares becoming “worthless”.
Long-awaited UK Government decommissioning paper lacks clarity on key issues
A long-awaited UK Government paper into oil and gas decommissioning lacks clarity on certain key areas, a trade body has said.
North Sea worker makes ‘miracle recovery’ in Aberdeen after heart stopped for nearly two hours
A North Sea worker has revealed how he made a “miracle” recovery in Aberdeen after his heart stopped for nearly two hours.
OGA press man wins £40,000 on ‘Beat the Chasers’
An Oil and Gas Authority (OGA) press officer “Beat the Chasers” on last night's show to win £40,000.
TechnipFMC restarts move to split into two companies
TechnipFMC has restarted its bid to split the business in two after the Covid-19 pandemic halted the process.
BP relaunches sale of North Sea oil fields – report
BP is relaunching the sale of its interests in a number of North Sea oil fields, according to Reuters, after the collapse of its deal with Premier Oil last year.
Living with a pandemic: Tips for companies with offshore and remote locations
As cases of COVID-19 surge, companies with essential workers and operations are starting to realise that living - or working - with a pandemic is now the reality. As such, there are several fundamental practices companies must embrace in order to manage a workforce’s health and safety during a pandemic and beyond.
North Sea firms enjoy share price bump on OPEC deal
North Sea firms ranging from BP to Hurricane Energy have enjoyed share price hikes after a deal was reached by OPEC to curb oil production.
Workers evacuated from Valaris oil rig after New Year’s Day Covid outbreak
Workers were evacuated from a Valaris oil rig after a Covid outbreak on board on New Year’s Day, with questions raised on testing procedures.
Spirit Energy sets April target for York life extension project
Spirit Energy has set out an April target for first gas for its York life extension project.