It's thought a new air and surface decontamination system could be used to minimise the risk of a Covid-19 outbreak offshore.
ADES International increased EBITDA, revenue and profit in the first half of 2020, versus 2019.
Wintershall DEA will “rely” on remote working as the norm once the Covid-19 pandemic is over.
The outlook for global oil markets has grown “even more fragile” as a resurgent pandemic derails the recovery in demand, the International Energy Agency said.
An Aberdeen-based healthcare business is among the first in the world to get its hands on the latest in Covid-19 testing technology from life sciences firm LumiraDx.
Could a more diverse workforce be one of the benefits to emerge from the global pandemic? Janette Marx, CEO of global workforce solutions provider, Airswift makes the case that lockdown has broken down the lingering psychological hurdles while technology has allowed difference to be encouraged and enabled.
Oil has climbed ahead of an OPEC+ meeting this week that will assess the group’s production cuts as the recovery from virus-driven demand destruction falters.
Over the last six months, the global pandemic brought very new challenges for both our home and work life along with whole new lexicon and unprecedented willingness to listen to our political leaders.
Working from home (WFH) is not a new phenomenon. For the past 20 years and more we have seen WFH grow at varying speeds across different business sectors.
“We need to come to work for a greater reason than making money; we need to have purpose in everything we do.”
The Covid-19 pandemic has had a vast impact on people’s lives, as well as on companies around the world.
Identification of principle risks has been an important part of board discussions for many years, but I am not sure that "global pandemic" would have been at the top of many companies’ risk registers.
The Covid-19 pandemic has not only had a dramatic impact on our day-to-day lives, it has also acted as a catapult for energy transition action.
Neil Sims is encouraged by the “horsepower” that’s being put behind the sector’s new sector deal application.
There are as many opinions of good leadership as there are management books and business schools. For me, the important priorities are being honest, transparent and authentic, having a clear vision of your goal, a clear strategy to reach that goal, and the empathy, energy, commitment and confidence to inspire your team to work collaboratively towards it. It is also important to innovate, to do things differently, to find new ways, to be agile and to be supportive. Communication of all of this is key.
The North Sea oil industry’s old guard is concerned that the sector’s regulator is “losing balance” as a result of its efforts to help government meet net-zero targets, a top boss has claimed.
People questioning the oil and gas industry’s sustainability is not a new phenomenon. Far from it. For years oil companies, governments, investors and other stakeholders have questioned the sustainability of the industry and the need to address environmental, social and governance issues (ESG).
A leading skills body is warning the oil and gas sector it needs to act swiftly or risk losing thousands of engineers capable of delivering the energy transition.
The Gulf is slated to earn $270 billion less in oil revenue compared to last year. This is to a large extent because the region's economic heavyweight, Saudi Arabia, has been sinking deeper into recession amid the coronavirus pandemic.
Lord Ian Duncan has raised concerns that a lack of money post-Covid could leave governments unable to make the policy interventions needed to drive the energy transition.
Over eight actions identified by the UK’s offshore oil and gas industry as essential if it is to realise a successful future in a lower carbon future have already been delivered, with a further 20 underway, despite the pressures heaped on the sector by the coronavirus pandemic.
Specialist rig inspection company Aberdeen Drilling Consultants (ADC) has been helping hundreds of oil workers around the world learn how to maintain drilling operations since the onset of Covid-19.
Hunting laid off about 20 employees in the north-east during the first half of 2020 as the Covid-19 pandemic and oil price drop caused demand to falter.
Ithaca Energy plunged deep into the red in the first-half of 2020 as the sharp drop in oil prices and staff payouts weighed on the firm’s balance sheet.
Neptune Energy said positive drilling results and further appraisal work on the Isabella discovery would lead to a “marginal” rise in exploration spend this year.