Prosafe announces management reshuffle
Offshore vessel owner Prosafe today announced a raft of changes to its top order that will take effect from March 1.
Offshore vessel owner Prosafe today announced a raft of changes to its top order that will take effect from March 1.
A fire at a nuclear power station in France run by the company behind a new site in the UK has been dealt with by its employees, the firm said.
Offshore workers are expected to vote on a new pay offer in the next month.
Prosafe was back in the black last year despite a large drop-off in work for its fleet as low oil prices led to offshore project delays.
French energy firm Total claimed to have the “highest profitability among the majors” after posting a 22% jump in net income in 2016.
The first turbine on Statoil’s £1.5billion Dudgeon wind farm in the North Sea has started producing electricity for the UK National Grid.
BHP Billiton today agreed to pay its $2.2billion share of the Mad Dog Phase 2 development in the Gulf of Mexico.
Losses widened in the fourth quarter at Aker Solutions as the Norwegian energy services firm battled against the global market slowdown
As 2017 progresses, the Oil & Gas Authority (OGA) will have a lot on its plate as it clarifies expectations, identifies priorities and grows more confident in applying its powers.
Aberdeen-based Sparrows Group will supply more than 100 cranes for a major southern North Sea wind farm after winning its biggest ever contract for a renewables project.
First Minister Nicola Sturgeon has vowed to provide more details about the Scottish Government’s new decommissioning fund “in due course”.
Aker Solutions will provide engineering services for BP under two separate framework agreements.
Bosses at Bowleven went on the offensive today in their mission to keep control of the Scottish oil explorer.
Africa-focused Tullow Oil was hit by a 21% slump in revenues in 2016, the year it delivered first oil from its TEN fields offshore Ghana.
Shell reached an "important milestone" today as the firm submitted its plan for decommissioning the Brent field to the UK Government.
Danish conglomerate Maersk said impairments in its supply service and drilling divisions were behind an “unsatisfactory loss” of $1.9billion in 2016.
Maersk chairman Michael Pram Rasmussen will step down from the role next month.
Statoil’s boss warned yesterday that the downturn is not yet over, but said the Norwegian major had no plans for further job cuts.
Consumers will be hit with higher bills because officials “significantly underestimated” the cost of green energy schemes, the Commons spending watchdog has found.
Offshore caterers will vote on whether to accept a pay freeze from North Sea employers next week.
Hungarian oil firm MOL Group has expanded its footprint in Norway with the acquisition of four licences.
The future of the construction industry is heavily dependent on three huge projects in the energy and transport industries, according to a report.
Energy campaigners have reacted with fury following speculation British Gas is to ramp up the price of bills by 9%, hammering millions of households.
A combination of more stable oil prices and signs of new investment have provided grounds for “cautious optimism” for the UK oilfield service sector, according to analysis published by EY today.
Bosses at Ithaca Energy said it would be “business as usual” for the North Sea oil producer following its anticipated takeover by Israeli firm Delek Group.