Global reach allowed Tenaris to make rapid response to Covid
The upheaval brought on by the health pandemic has had wide-reaching impacts.
The upheaval brought on by the health pandemic has had wide-reaching impacts.
There are no cases of coronavirus at the Mozambique LNG site, in the country’s north, Australia’s RBR Group has reported.
The African Energy Chamber has launched a jobs portal in order to help the continent’s energy market bounce back.
Canada’s ReconAfrica has produced a technical evaluation on the entire Kavango Basin, in Namibia and Botswana.
French catering and facilities management firm Sodexo has revealed the Covid-19 pandemic has resulted in a near-one third cut in revenues for the firm.
North Sea medics have revealed that a lack of PPE, verbal abuse from “worried” riggers and working 17-hour shifts are some of the issues they had to tackle at the height of the Covid-19 crisis.
The Nigerian Content Development and Monitoring Board (NCDMB) is expanding the Nigerian Content Intervention (NCI) Fund to $350 million.
The coronavirus pandemic is of a scale and severity which none of us have seen before, but we shouldn’t take for granted the true value of the UK’s offshore oil and gas industry’s culture of safety.
Scottish and Dutch oil business and technology development experts are joining forces to create a new online catalogue to help fill the void left by the Covid-induced obliteration of the exhibitions circuit.
North Sea industry recently had a week free of evacuations of workers with Covid-19 symptoms from offshore platforms.
Nigeria plans to keep its liquefied natural supply at current levels despite prices near record lows, the opposite of what exporters from the US to Australia are doing.
An Aberdeen-based oil and gas duo who got together to form a new venture keeping business premises free of Covid-19 have already expanded to cover Inverness and Dundee.
US oilfield equipment firm Dril-Quip could be poised to make scores of Aberdeen staff members redundant in response to the crude price slump and Covid-19 pandemic.
Aker Solutions will axe 44 offshore jobs after client Equinor shelved a UK North Sea project due to the oil price rout and Covid-19 outbreak.
Stakeholder pressure, falling unit costs, a heightened sense of moral and social responsibility (perhaps) - if you had asked observers six months ago to list the factors they deemed responsible for driving the energy transition, these are, inter alia, the responses you may have received. Whilst the varying importance of the converging forces behind the recent surge in net-zero commitments has and will continue to be debated, one thing is for sure - a global health crisis would not have been top of the list.
Oilfield technology firm Hunting said on Monday that it was slashing its global workforce by a quarter in response to the oil price drop and Covid-19 pandemic.
A global procurement chief at BP has said sending letters to suppliers demanding price reductions is “disrespectful” and “absolutely the wrong thing to do" for the oil and gas industry.
The shale bust has reached a grim milestone by claiming the pioneer of America’s drilling renaissance. But Chesapeake Energy Corp., which filed for bankruptcy protection on Sunday, is just the latest in a long list of casualties.
Hefty investments and lengthy contract wins have put Brimmond Group in a “strong financial position” from which to ride out the latest oil industry downcycle, bosses said.
Shell’s Bonga field completed maintenance last week and is ramping production back up, despite some isolated cases of coronavirus.
Dozens of jobs have been lost at a north-east energy firm, with its parent company stepping back from part of the market.
Investment in green-energy projects is crucial to Scotland’s economic recovery post COVID-19.
The developers of a major wind farm off Moray have awarded a £150,000 deal for toilets and washing stations to combat the spread of Covid-19.
Against the backdrop of current circumstances in the oil market, it is increasingly hard to predict what the future holds for the decommissioning industry. The oil price will have a significant effect on depleted and marginal fields and may push already conservative profit-making operations into the red. This, combined with COVID-19, has created more of an impasse for the market than arguably seen before.
Nigerian National Petroleum Corp. (NNPC) saw a more than 300% decline in earnings in March as crude prices plummeted.