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 family-run Aberdeen business is facing closure next week due to the effects of the coronavirus on air travel.
Many new projects in Africa will be delayed as a result of the oil price drop, Rystad Energy has said.
An offshore worker has been put into quarantine on a North Sea platform operated by Chrysaor.
BP has inked a new contract lasting up to 10 years for the vessel which serves its Foinaven field, west of Shetland.
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.
Oil and gas giant BP is set to work with a shareholder activist group towards a climate resolution, it announced today.
Oil and gas firm Spirit Energy has given the Chestnut field in the UK North Sea a three-year life extension by drilling a new production well.
BP is reassessing the “chosen venue” for its 2020 Annual General Meeting as the planned site is being converted into a coronavirus field hospital.
Power has been restored to BP’s ETAP installation, weeks after a fire forced it to be downmanned.
Total and Chevron have cancelled rigs contracted from Valaris, working in Angola, the drilling company has announced.
Parkmead Group’s boss said the energy company had “retained its financial strength” despite being pushed into the red by falling gas prices.
A “seriously ill” offshore worker has contracted coronavirus and been airlifted to hospital from Hurricane Energy’s Lancaster field in the West of Shetland.
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.
A group representing families and survivors of Norway's worst industrial disaster has spoken of its “demand for a completely new inquiry” exactly 40 years later.
The chief executive of Decom North Sea (DNS) has left the oil and gas decommissioning industry organisation after 20 months at the helm.
The delayed shutdown of the Forties Pipeline System could increase North Sea production to around three million barrels per day (bpd), according to an energy research firm.
It was only in early February that Charles Roemer was talking up the prospects of his latest energy project: a natural gas plant that would capture and sell tons of carbon dioxide to oil producers when it got turned on in 2026.
Three of the largest drilling rig operators in Texas are making budget cuts and bracing for the worst as a global glut of crude oil and falling demand due to the coronavirus pandemic are expected to cause the U.S. rig count to plummet.
Woodside Petroleum has slashed its spending this year by 50%, to around $2.4 billion, but Senegal’s Sangomar development should progress as planned.
Drilling contractor KCA Deutag said its ability to operate had become “very complex” due to the recent crude price slump and Covid-19 outbreak.
Conex Oil and Gas Holdings has signed an agreement to buy Total’s fuel marketing businesses in Liberia and Sierra Leone.
Libya’s National Oil Corp. (NOC) has reported revenues of $555 million in February, down 68.6% from January’s $1.21 billion.
As oil crashes due to the impact of the coronavirus, it’s easy to overlook an even more dismal reality for producers: the real prices they’re getting for their barrels are worse still.
Gabon-focused Vaalco Energy has completed the South East Etame 4H well at 2,200 barrels per day of oil.