Flights have been resumed to one of the UK’s largest gas fields after a worker suspected to have coronavirus was taken to shore.
A group of North Sea operators have struck a deal with a helicopter operator to bring confirmed and suspected Covid-19 sufferers back to shore.
The Liberian government is seeking interest from local companies on participating in the offshore licence round, which is due to open on April 10, while moving the launch event online in order to restrict coronavirus transmission.
Energy giant BP has joined a list of operators working to reduce offshore crew numbers on its North Sea assets in response to the coronavirus outbreak.
African states need to take urgent action to protect local oil and gas businesses, providing a three-month tax holiday, the African Energy Chamber has said.
Aberdeen-based well integrity specialist Unity has won a seven-figure deal with operator Spirit Energy.
Work at the Dussafu Marin licence in Gabon has slowed as a result of the coronavirus outbreak.
North Sea minnow Jersey Oil and Gas said today that it is well placed to ride out the coronavirus and low crude price storm.
DNO has slashed its budget to shore up its balance sheet in the face of “unprecedented market convulsions” and plunging oil prices triggered by the coronavirus pandemic.
To understand the crisis engulfing the world’s largest oil companies, just look at their dividend yields.
Oil futures plunged as much as 26% to the lowest levels since 2002 after Saudi Arabia vowed to keep producing at a record high “over the coming months,” doubling down in its price war with Russia.
The UK Government has postponed the introduction of a much criticised tax reform that would have had major implications for North Sea contractors.
More than 200 oilfield services firms (OFS) across the UK and Norway are “set to become insolvent” due to the coronavirus outbreak, according to Rystad Energy.
Sasol “will prevail”, the company’s CEO Fleetwood Grobler said on a conference call intended to reassure investors and employees. The plan should stabilise the company, protect the balance sheet and preserve stakeholders’ interests.
A UK judge suspended the country’s biggest ongoing corruption trial in London for two weeks, the first such case to have been put on hold because of the coronavirus as an attorneys association asked for all jury trials to be halted.
Total’s latest discovery shows the French energy giant still has the Midas touch when it comes to finding new North Sea reservoirs, an analyst has said.
Several North Sea operators are reducing offshore crews on their UK platforms in a bid to prevent the spread of the coronavirus outbreak.
Flights have been temporarily suspended to one of the UK’s largest offshore gas fields after a suspected coronavirus case at an adjacent drilling rig.
Kosmos Energy has set out plans to reduce planned capital expenditure in 2020 to under $250 million.
ExxonMobil said today it would "significantly reduce spending" as a result of market conditions caused by the Covid-19 pandemic and commodity price decreases.
BP Plc said it can slash its spending by as much as 20% this year as the oil market goes into freefall, with some U.S. operations likely to get less investment.
Oil clawed back some losses after collapsing below $30 a barrel as the shut down of swathes of the world’s economy triggers a meltdown in global fuel demand and the most volatile market on record.
A UK North Sea oil and gas discovery is showing “significant promise”, a project partner said today.
North-east company Fathom Systems has changed hands in a deal worth about £1 million.
Oceaneering has moved more than 300 workers in Aberdeen into new offices in a bid to consolidate its presence in the city.