Helicopter operator NHV has been awarded the contract for decommissioning work at the Repsol Sinopec Buchan field.
A pair of North Sea firms are preparing belated Christmas presents for the supply chain, in the form of decommissioning contracts.
The majority of UK North Sea assets are being dismantled in Britain, new figures have revealed amid concerns of overseas yards winning decommissioning work.
Well-Safe Solutions has bagged a second decommissioning contract for the Well-Safe Guardian in less that a month.
A raft of North Sea decommissioning contracts are on the way from operators including Harbour Energy, Eni, CNOOC, Taqa and more.
CNR International is planning a mass decommissioning campaign for nearly half of its North Sea wells by 2025, and is seeking contractors to partner on the scheme.
Canadian Natural Resources has swung to profits of £244million in the third quarter after posting heavy losses earlier in the year due to Covid.
Canadian Natural Resources (CNR) recorded pre-tax losses of £1.14 billion in the first six months of 2020 on the back of lower prices.
Teekay Offshore has denied claims it told dozens of workers on a North Sea production vessel that they were being made redundant.
Teekay has inked a one year contract extension with Canadian Natural Resources to keep one of its FPSO's on the Banff field in the North Sea.
North-east firm Motive Offshore said yesterday it was targeting “ambitious” growth after a multimillion-pound private equity investment.
CNR(CNR International) said work to re-tension the Petrojarl Banff’s anchor lines has been completed.