More than a dozen UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
Alpha Petroleum’s plans for its flagship North Sea development project appear to have suffered a blow after Teekay said it had "terminated" a vessel supply deal.
Alpha Petroleum is expected to make a decision this quarter on whether to sanction its Cheviot field in the North Sea, according to contractor Teekay.
Alpha Petroleum has hired the Stena Spey semisubmersible rig for work at one of the largest undeveloped fields in the UK North Sea.
Engineering and construction firm Sembcorp Marine has inked a £125 million deal to refurbish an installation which will serve in the UK North Sea.
Offshore vessel contractor Awilco Drilling has clinched a deal to undertake a well campaign on a North Sea field.
North Sea operator Alpha Petroleum has appointed industry veteran Charles Proctor, once of BP, as its chief financial officer.