Engineering service firm Babcock International slumped into the red in 2019-20 after suffering hefty impairments largely pinned on the “deteriorating” oil and gas market.
Around 200 oil workers are to be laid off – and staff are furious they are not being furloughed.
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.
A group of operators is making progress on plans to work together on the decommissioning of oil and gas infrastructure worth billions of pounds that sits east of Shetland, an industry chief said.
The UK Government has given CNR International's plans for decommissioning the Ninian Northern platform the seal of approval.
Canadian Natural Resources Ltd. agreed to buy the Canadian business of Devon Energy Corp. for C$3.8 billion ($2.8 billion), gaining heavy-oil assets in the province of Alberta.
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.
The chief executive of Lerwick Port Authority (LPA) has hailed signs of recovery in oil and gas activity as traffic in all sectors increased at Shetland’s main harbour in the first quarter of this year.
An energy industry stalwart was recognised for his technical nous and role in inspiring young people to get into engineering careers at a glittering awards ceremony in Aberdeen last night.
First oil from the Orlando field in the North Sea should be achieved before the end of March, a former project partner said.
A heavy lift vessel contractor has provided a ringing endorsement of Shetland’s credentials for handling major decommissioning jobs.
Canadian Natural Resources International (CNRI) was unable to prevent North Sea production from slipping despite drilling new wells in the first half of 2018.
I’m baffled at the news that operator CNR has been forced to evacuate approaching half the personnel from one of its Ninian field platforms because of lifeboat-related issues.
An investigation has been launched after a North Sea operator was forced to evacuate staff due to concerns over faulty lifeboats.
A suspected depth charge near a North Sea platform has turned out to be nothing more than a harmless, degraded float or buoy.
North Sea oil pioneer Algy Cluff said his company was determined to find farm-out partners for its licences after revealing plans to step down from the chief executive role.
An unexploded device sitting near a North Sea platform will wait out the winter before a removal attempt is made.
A UK watchdog has ordered vessel owner Teekay to smarten up its safety procedures following a "lifting incident" on the Voyageur Spirit ship.
US oil firm Apache said yesterday that its North Sea Callater project had started producing early and under budget.
Canadian Natural Resources (CNR) said today that it plans to start decommissioning the Ninian North platform next month.
A Canadian oil and gas company has submitted a draft decommissioning programme for a platform on one of the North Sea’s oldest producing fields.
Union chiefs representing workers at Canadian Natural Resources' Baobab and Espoir oil and gas fields in Ivory Coast have launched a 72 hour strike.
Canadian Natural Resources (CNR) said yesterday favourable UK tax changes had improved investment viability in the North Sea.
Canadian Natural Resources (CNR) has reported a bigger quarterly loss due to lower prices.
Cluff Natural Resources said (CNR) it has received all regulatory approvals to complete its cross assignment of equity positions in two licences in the Southern North Sea with Simwell Resources and Burgate Limited.