North Sea operator Ithaca Energy intends to make redundancies from its onshore workforce by the end of 2020, its chief executive has confirmed.
Chevron North Sea
The multiaward-winning Marischal Square developmentin Aberdeen is 75% let just over two years after construction work ended for the £107 million project.
US oil major Chevron plans to relocate its remaining Aberdeen employees to a prominent Granite City office block.
Petrofac has announced new contracts and extensions in the North Sea and Malaysia worth £93m, as well as an acquisition marking its entry to the US onshore services market.
Aberdeen-headquartered Ithaca Energy has announced it is set to launched a debt finance offering of £558 million in senior notes in an effort to realise its acquisition of Chevron's North Sea business.
Any buyer of Chevron's North Sea Rosebank stake will "need to have very deep pockets", according to a Wood Mackenzie (Woodmac) research chief.
HydraWell has signed a three-year contract with Chevron for plugging and abandoning (P&A) wells in the UK North Sea.
Techfest’s STEM in the Pipeline 2017 competition will bring in students from Aberdeen City and Shire schools to solve the challenges currently facing the oil and gas sector.
Offshore vessel contracted Transocean said it would receive a fee of $148million after Chevron opted to terminate a rig contract early.
A tool developed with industry to help North Sea oil and gas companies meet new, legal requirements for collaboration has been launched by the Oil and Gas Authority (OGA).
Chevron North Sea’s Alba Northern platform was shut down after “low levels” of a potentially-deadly gas were detected.