Bilfinger Salamis praised for halting job losses
The Unite trade union has applauded Bilfinger Salamis for stepping back from its earlier decision to make almost 100 workers redundant.
The Unite trade union has applauded Bilfinger Salamis for stepping back from its earlier decision to make almost 100 workers redundant.
An Aberdeen oil and gas contractor has sacked a number of North Sea workers due to a drop-off in demand related to the coronavirus outbreak.
BP has promised its employees their jobs are safe over the next three months, while the oil major considers ways to cut costs with crude prices plunging.
Shell has warned that cash flow will take a major hit when the firm publishes its first quarter results next month.
A “virtual” remembrance service will be held tomorrow to mark 11 years since a fatal helicopter crash near Peterhead.
Oil prices plunged to an 18-year low yesterday as hopes of a production pact between Saudi and Russia faded
The Africa E&P Summit, which had been due to be held on May 20-21, has been pushed back to October 21-22.
Weak demand will drive production shut ins this quarter, IHS Markit’s vice president Aaron Brady told Energy Voice, as storage options are limited.
IHS Markit expects as much as 10 million barrels a day of world oil production to be cut or shut-in from April through June as storage fills up and demand craters due to the Covid-19 pandemic.
Siccar Point Energy has announced it will defer approval of its highly-anticipated Cambo development until the second half of next year due to the coronavirus outbreak.
Workers have said they have been “hung out to dry” and “abandoned” by Bilfinger Salamis after their jobs were cut without the option to use the government’s coronavirus support scheme.
A series of North Sea operators are working to remove cabin sharing offshore “wherever possible” in order to prevent the spread of the coronavirus.
A family-run Aberdeen business is facing closure this week due to the effects of the coronavirus on air travel.
Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world’s largest economies, leaving the market overwhelmed by cratering demand and a ballooning surplus of crude.
Apache has confirmed it will call in letters of credit of £531million to guarantee it will pay off decommissioning obligations in the UK North Sea.
The pound’s wild fluctuations are causing more distress for businesses already struggling under an unprecedented lockdown of the U.K. economy.
An offshore worker has been put into quarantine on a North Sea platform operated by Chrysaor.
BP is reassessing the “chosen venue” for its 2020 Annual General Meeting as the planned site is being converted into a coronavirus field hospital.
Almost 40% of the North Sea workforce has been cut as operators attempt to wrestle with the growing coronavirus crisis.
A “seriously ill” offshore worker has contracted coronavirus and been airlifted to hospital from Hurricane Energy’s Lancaster field in the West of Shetland.
Scottish operator Cairn Energy has announced "significant reductions" to its capital expenditure across its North Sea producing assets.
A union boss has stepped up calls for a support package for offshore workers amid concerns some may flout coronavirus advice in order to provide for their families.
Oil and Gas UK (OGUK) will work with hotels to create “safe havens” for returning offshore workers with suspected Covid-19 cases, its safety boss said last night.
Drilling contractor KCA Deutag said its ability to operate had become “very complex” due to the recent crude price slump and Covid-19 outbreak.
An offshore worker trapped in Ghana has accused bosses of placing him in a “dangerous situation” and not acting quickly enough to get him home to his disabled son.