Subsea 2018: Nexen boss says operators squeezed supply chain ‘too hard’
A boss at a UK North Sea oil producer said yesterday that operators have squeezed the supply chain “too hard” during the downturn.
A boss at a UK North Sea oil producer said yesterday that operators have squeezed the supply chain “too hard” during the downturn.
Energy giant Ineos said it intended to re-open the Forties pipeline overnight after it shut for the second time in recent months.
Energy giant Total hailed its upstream business after delivering double digit increases in income in 2017.
Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market.
Most of us may be familiar with the expression, or some variant of, “When the US sneezes the world catches the cold”.
Employees of supermajors believe there is still room to lower costs and that cutting red tape is the best way of creating value, a new report has revealed.
2018 has so far brought an increase in activity across the oil and gas markets. Brent crude is trading at a three-year high, with more rig movements and drilling activity as a result. This is looking very positive and our focus for 2018 is to reduce the environmental impact of regular testing and maintenance activities on assets.
An Aberdeen academic has said arguments for removing or leaving behind North Sea infrastructure need to be based on “good science”.
The first North Sea decommissioning contract to be secured by the Port of Cromarty Firth (PCF) has been hailed as a “tremendous boost for local companies and workers” by the organisation’s chief executive.
Offshore wind is a “bright spot” for UK energy service companies, an industry expert said today.
A North Sea industry chief has said 2018 would still be tough for UK subsea service companies, despite a positive start to the year.
Fairfield Energy has awarded Bibby Offshore the contract for decommissioning the Greater Dunlin Area’s subsea infrastructure.
Norwegian energy service firm Aker Solutions said today there were signs of a market recovery after winning the biggest number of contracts in the fourth quarter for four years.
BP’s North Sea boss said yesterday that the business has got “positive momentum” in its quest to meet ambitious production targets.
Aberdeen oil firm Parkmead has struck a deal to take full ownership of two central North Sea fields.
Spirit Energy has arrived at the ball and is looking for someone new to hook up with.
Ashtead Technology’s boss has said a link-up with a rival rentals business is unlikely to end the firm's hunt for mergers and acquisitions.
“This is the way we tell the story about the small pools,” says Chris Pearson, a solutions centre manager at the Oil & Gas Technology Centre.
Ardyne’s unique Casing Recovery Toolbox was mobilised to expert, late-life asset and decommissioning operator Fairfield, in order to improve its project efficiencies – saving more than a day of rig time.
JFD, a division of marine services group James Fisher and Sons plc, has made a range of advancements in the field of hyperbaric rescue in recent months.
Oil and gas companies in north-east England have made a big shift to take advantage of the burgeoning offshore wind market, the head of an industry group has said.
Defence supplier Babcock International has cautioned over its full-year sales, amid ongoing tough trading in the oil and gas sector and a slowdown in the market for defence contracts.
A north-east oil service company has gone into receivership, resulting in 17 staff members being laid off.
Half of oil and gas fields don’t meet expectations when they come onstream, a new report said.
Chinese oil firm Cnooc has achieved first oil from the Stampede field in the deepwater Gulf of Mexico.