‘Pilot error’ blamed for crash
Pilot error ultimately led to a helicopter crash off Shetland and the death of four passengers, a fatal accident inquiry was told on its final day yesterday.
Oil & Gas
Fluor to leave lump-sum work
Fluor has reported a restating of previous results and a decision not to participate in competitively bid lump-sum projects.
Ghana extracts better terms from Cenit
Ghana has reached an amended deal with Cenit Energy, which should save the country more than $200 million.
Jim Ratcliffe, Ineos majority owner and UK’s richest person, moves to Monaco
It’s official: Jim Ratcliffe, the UK's richest person and majority owner of chemicals giant Ineos, is now a Monaco resident.
Upland seeks to firm up rank exploration
Upland Resources is closing in on the reprocessing of seismic on what could be an area of interest in Tunisia.
Siemens wins NLNG compression train work
Nigeria LNG (NLNG) has awarded Siemens Energy a contract to provide a boil-off gas (BOG) compression train at Bonny Island.
Stena picks IceMAX drillship for Bahamas Petroleum well
Bahamas Petroleum Company (BPC) said today that Stena Drilling, of Aberdeen, had nominated a drillship for its Covid-delayed Perseverance well.
Total to replace refinery with clean-fuel, plastic plants
Total SE will halt oil refining in the Paris region and spend more than 500 million euros ($582 million) by 2024 replacing its facility with renewable-fuel and bioplastic plants.
San Leon celebrates dividends, eyes pipeline losses
San Leon Energy continued its theme of paying out dividends, while projecting better times ahead as pipeline losses are expected to fall dramatically.
New technology lets oil workers text and talk to offshore robots
New technology will enable offshore workers to talk to and text robots working around oil and gas platforms.
BP shares drop to 25-year low a week after unveiling climate strategy
Just a week after revealing its plan to turn itself into a clean-energy giant, BP watched its share price drop to a 25-year low.
Concept of ‘good faith’ could be increasingly important in oil and gas contracts
Oil and gas operators may have to be increasingly aware of the legal concept of "good faith" when drawing up future contracts, according to one of the UK’s foremost legal experts.
Aberdeen oil boss bribery case ‘straddled lockdown like no other’ says SFO chief
The head of the Serious Fraud Office (SFO) has said a case that saw the conviction of an Aberdeen oil man for bribery “straddled the lockdown period like no other”.
Union boss suggests ‘job sharing’ for North Sea workers as Chancellor unveils new scheme
A trade union boss has suggested creating a “job share” scheme to help safeguard North Sea oil industry workers’ positions until offshore activity ramps up next year.
Saudi calls for UN to tackle Yemeni tanker problem
Saudi Arabia has written to the United Nations Security Council warning of an “oil spot” has been detected offshore Yemen.
CNOOC seeks buyers for Scott platform in UK North Sea: Report
CNOOC is looking for buyers for its Scott platform and associated oilfields in the UK North Sea, according to Reuters.
RGU spinout Safe Influx entices Weatherford with oil well technology
A spinout from Robert Gordon University (RGU) has caught the eye of US oilfield service giant Weatherford with its blowout prevention technology.
Seplat swings into action over water well problems
Seplat Petroleum has investigated reports of hydrocarbons in some Delta State water wells and is providing assistance to locals.
CGG completes first phase of largest ever seafloor survey in UK Central North Sea
CGG has announced the completion of the first phase of its largest ever seafloor survey in the UK central North Sea (CNS).
Premier Oil seeks another price cut for BP North Sea assets – report
Premier Oil is seeking another price cut for the North Sea assets it is buying from BP, according to a news report.
Mintra announces £107m listing on Oslo Stock Exchange
Aberdeen and Norway based training provider Mintra has announced its listing on the Oslo Stock Exchange.
Acoustic Data chalks up North African win
Private equity-backed Acoustic Data has won work with one of the big four service companies at a gas field in North Africa.
State-of-the-art decontamination system could minimise risk of Covid-19 outbreak offshore
It's thought a new air and surface decontamination system could be used to minimise the risk of a Covid-19 outbreak offshore.
SengS will ‘come out the other side’ of tough year in strong position
North-east engineering and service company SengS has insisted it will “come out the other side in a relatively strong position” after a challenging year.
OGA chief hopes for sector deal ‘towards end of this year’
The head of the Oil and Gas Authority (OGA) hopes a government sector deal for the North Sea will be agreed by the end of the year.