Environmental activists claim to have found a methane leak in the North Sea that was caused a “blow-out” during drilling operations 30 years ago.
Maersk Drilling fell to a pre-tax loss of £1.18 billion in the first half of 2020 due to a hefty impairment linked to the Covid-19 outbreak and oil price drop.
Drilling services firm Archer made pre-tax profits of £2.3 million in the first half of 2020 despite being hit hard by the Covid-19 pandemic and low oil price.
Chinese oil firm Cnooc’s Buzzard platform in the UK North Sea may have a role to play in a flagship carbon capture and storage (CCS) project, developers have said.
Whalsay Energy booked an impairment charge of £52.7 million ($69m) on its Bentley field based on offers it received as part of a Covid-hit sale and farm-out process.
Dutch firm Hereema Marine Contractors (HMC) has broken its own record a single jacket lift.
The chief executive of NHV has accused rival helicopter operator Babcock of engaging in a “race to the bottom” after a pair of North Sea contracts with Total changed hands.
Premier Oil has reached another milestone in its Tolmount gas project in spite of the Covid-19 pandemic, a photograph shared online shows.
The oil and gas downturn of approximately five years ago where the price of a barrel of oil dropped to less than $30 led to thousands of employees in the sector being made redundant. Those who wished to remain in the sector had to be patient before ultimately securing further employment.
Diamond Offshore has received a warning from the safety regulator after “asbestos debris” was spread on a North Sea rig.
Shell has delivered new seismic data on the Pensacola prospect in the North Sea, with partner Deltic Energy claiming it is “highly analogous” to a discovery which struck oil last year.
An offshore safety boss has blamed a local outbreak in Aberdeen for a rise in the number of North Sea workers that have come into contact with people showing symptoms of Covid-19.
A UK boss of Petrofac has warned the North Sea supply chain “cannot afford for bad practices to creep in during this moment of crisis".
Awilco Drilling has sunk to losses of £10.6million in the first half of 2020 amid separate disputes with rig builder Keppel Fels and HMRC.
Petrofac is expecting areas of its business to “bounce back” in 2021, according to a UK boss, as it handles the effects of Covid-19.
Deltic Energy has announced a “material increase” in estimates of gas at a North Sea licence which Shell farmed into last year.
Safety concerns have been raised after figures revealed a 55-tonne gas leak at the Apache Beryl Alpha platform in the North Sea.
Workers on a number of installations in the northern North Sea have been told to stay alert after a Greenpeace ship was spotted in the area.
Aberdeen Harbour has awards £4.3million worth of contracts for the South Harbour construction project.
Oilfield service firm Weatherford has said it made 130 employees redundant in Aberdeen in the first half of 2020 in an effort to get a grip on its costs.
Total has put off making a final investment decision (FID) on its Glendronach gas discovery until next year, project partner Ineos has said.
I’m baffled by the Curlew decommissioning saga that will now see the life-expired FPSO be dismantled in Norway rather than via the original arrangement whereby it was to be prepped in Dundee prior to being towed to Turkey for chopping up.
The executive chairman of unmanned aerial vehicle firm FlyLogix said it is “very fortunate” to have enjoyed success in recent months despite the Covid-19 pandemic.
North-east drilling repair company MRDS has been acquired by an Aberdeen based investment firm for an undisclosed amount.
Bosses at Ineos’ North Sea oil and gas business have vowed to keep “pursuing growth opportunities” despite a 95% profits plunge in 2019.