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North Sea

Tetra on move in £300k upgrade


Oil and gas services company Tetra Technologies UK is moving into a newly refurbished office and workshop building on Endeavour Drive at Westhill, near Aberdeen.


Oxy enacts pay cuts amid deeper budget cuts


Houston exploration and production company Occidental Petroleum is enacting across pay cuts after making a second round of budget cuts as crude oil prices remain stuck at record lows.


FAR under strain with Sangomar financing


Australia’s FAR has temporarily suspended plans for drilling offshore The Gambia, in response to the coronavirus pandemic, while the oil price crash has made talks on securing debt for Senegal’s Sangomar development harder.


Tlou to save gas, save cash in Botswana


London-listed Tlou Energy has set out plans to trim its running costs, in response to problems in the world’s financial markets, while competitor Kalahari Energy has received support from the US Trade and Development Agency (USTDA) for its power plans.