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Tata Steel to cut 1,200 jobs in UK

20/10/2015

Fears about fresh job losses in the steel industry have been confirmed after Tata announced plans to cut 1,200 posts. Around 900 jobs will be cut from the firm’s giant plant in Scunthorpe, with 270 in Scotland and a small number in other sites. The firm said the cuts were in response to a shift in market conditions caused by a “flood” of cheap imports, particularly from China, a strong pound and high electricity prices.

Other News

Giant rig arrives in Cromarty Firth

20/10/2015

A giant of the oil industry has arrived in the Cromarty Firth to take shelter for the winter. At 35,500 tonnes, the West Phoenix rig is the largest by gross tonnage ever to berth in the firth. It will shelter in the deep waters over the winter before embarking on a new contract in March off the west coast of Shetland.

Health & Safety

Fatal platform fire caused by leak in gas fuel line

20/10/2015

The cause of a platform fire in Mexico earlier this year which killed four workers and left 16 injured was a leak in a rarely used gas fuel line which had corroded, according to a new report. The findings by Mexico’s Agencia de Seguridad, Energia y Ambiente (ASEA) on what happened on board the Pemex Abkatun Permanente platform will not lead to any fines against the company. The gas fuel line had shown what was described as an “unusual” kind of accelerated corrosion due the presence of micro-organisms and sulphuric acid within the gas.

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Danny Alexander ‘should have reformed power market’

20/10/2015

An SNP MP claims Danny Alexander should have secured major reform of the electricity market while he was in office. Ian Blackford spoke out after Mr Alexander suggested the Highlands were being “let down” by a Tory majority government and “impotent” Nationalist MPs in opposition. Mr Alexander, former Inverness MP and chief secretary to the Treasury, was furious when the UK Government shelved a scheme he led to cut power bills in the north. The chancellor announced in the March Budget that ministers would consult on a plan to reduce electricity prices for families in the area by an average £30 a year. But it is understood the consultation was not carried out and officials now intend to look at the issue as part of a regular review of a subsidy scheme instead.

Health & Safety

International SOS leads the way with first certification in remote healthcare provision

20/10/2015

A global healthcare company which provides services for several North Sea energy firms has become the first organisation in the world to be certified for its remote services. International SOS, which provides medical advice and referrals for offshore workers and people travelling to remote locations, received the award under new “telehealth” guidelines published by the International Organization for Standardization. Lawrie Campbell, head of the firm’s North Sea division, said: “Advancements in telehealth are vital for the oil and gas industry, where remote locations and testing conditions become increasingly challenging.

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Environment Agency cuts pension fund investments in fossil fuels

19/10/2015

The Environment Agency is cutting its pension fund investments in fossil fuels to bring it in line with efforts to prevent dangerous climate change. Under the plans the Environment Agency Pension Fund (EAPF) will invest 15% of its £2.7 billion fund in low carbon and energy efficient technology and reduce investment in coal by 90% and oil and gas by half, in terms of carbon emissions, by 2020. The change by the Government agency aims to make sure its investments are compatible with international agreement to keep global temperature rises to 2C - seen as the threshold beyond which dangerous impacts of climate change will occur.

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Saudi Aramco foils attempted fraud

19/10/2015

Oil giant Saudi Aramco said an attempted fraud which allegedly targeted its trading unit as well has India's Oil and Natural Gas Corp (ONGC) has been foiled.

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Protesters set up camp near proposed Hinkley nuclear power station

19/10/2015

Campaigners have set up a protest camp near the site of the proposed Hinkley Point C nuclear power station. They have established a camp on a roundabout at the gates of the development in west Somerset as the president of China, Xi Jinping, arrives for a four-day state visit to the UK.

People

Statoil’s new MD takes over as UK boss

19/10/2015

Statoil’s new managing director of production in the UK has taken over her new position with the Norwegian operator. Tove Stuhr Sjoblom will head up the firm’s offices in Aberdeen with responsibility for upstream development and production activities in the UK and Ireland. Sjoblom replaces Gunnar Breivik who will now head up Statoil’s corporate investigation unit.

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UK spies set to monitor IT systems at Chinese-built nuclear plants

19/10/2015

British spies are expected to scrutinise computer systems at new nuclear plants built by Chinese firms to address national security fears. Listening post GCHQ will be responsible for ensuring the country’s energy network is not made vulnerable to cyber attacks, according to The Times. The safeguard emerged as President Xi Jinping arrives for a four-day state visit hailed by David Cameron as a symbol of a “golden era” in relations with Beijing.

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Oil bosses warn of up to 10,000 more job losses in North Sea

19/10/2015

Two of the North Sea’s biggest oil explorers have warned there could be a further 10,000 jobs losses in the oil and gas industry. Both Amjad Bseisu, chief executive of EnQuest, and Premier Oil’s chief executive Tony Durrant said the industry was making the expectation as the decline in oil price continues. Industry body Oil & Gas UK has reported up to 5,500 jobs have been affected in the last year.

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EDF hopes to announce deal with Chinese investors in coming days for Hinkley Point

19/10/2015

EDF said its hopes to announce a deal with Chinese investors to build a nuclear plant at Hinkley Point in the coming days. The French company’s chief executive Jean Bernard Levy said it was in the final negotiations with its Chinese partners. However he said he did not want to anticipate what would happen later this week as China’s President Xi Jingping to Britain.

Other News

California shuts down more oilfield wells

19/10/2015

The US State of California has shut down 33 oilfield wells which were allegedly improperly permitted to inject into federally protected water supplies. The move was put into effect late last week affecting oilfield injection wells in the state’s Kern County.

Other News

Dozens killed in Nigeria bombings

16/10/2015

Dozens of people have been killed in a series of bombings in Nigeria. At least 18 people were killed early today when four women suicide bombers were challenged by soldiers as they tried to enter Maiduguri, according to the National Emergency Management Agency. The explosions happened just hours after two blasts near a mosque in the city killed at least 30 people.