Covid-19 may stunt electricity demand for years
Electricity demand is unlikely to return to normal levels even after the development of a coronavirus vaccine, according to a new report by scientists from Columbia University.
Coronavirus
Hunting cuts global workforce by 30% since start of year in response to ‘challenging environment’
International energy services provider Hunting has made further job losses as it continues to battle the dual impact of the Covid-19 pandemic and the oil price slump.
Unburdened by huge write-offs and impairments, BP returns to profit in third quarter
Energy giant BP returned to profit in the third quarter of 2020 as the firm benefitted from the absence of the huge write-offs and impairments which dented its previous results in August.
Report highlights ‘very worrying signs’ for North Sea employment
Industry body Oil and Gas UK (OGUK) said today it is seeing “very worrying signs” for employment in the North Sea sector.
Shell announces plan to begin pre-mobilisation Covid-19 testing, confirms outbreak on Brent Charlie
Shell has announced plans to begin testing North Sea workers for Covid-19 before they head offshore.
Aberdeen worst in UK for job opportunities, new figures show
Aberdeen faces a “tough winter ahead” as new figures show job opportunities in the city are the worst in the UK.
Rising numbers of North Sea oilfield service firms in ‘crisis mode’
A restructuring specialist has warned more North Sea oilfield service firms are “operating in crisis mode” and that he expects to see higher levels of insolvencies next year.
Chancellor makes job support scheme ‘more generous’
Billions of pounds of extra help has been announced for firms and workers hit by coronavirus restrictions.
Global supply chains in a post pandemic world – dealing with disruption in the energy sector
This article is intended as a quick legal guide of some key points for busy Energy executives who need to manage business risk exposure when global supply chains are disrupted.
Covid safety, cleaning fears mount for North Sea workers
Trade union chiefs said yesterday that offshore workers have “a lot of concern” about North Sea firms’ ability to keep a lid on Covid-19 while increasing crew numbers on platforms.
‘Not coping’: HSE slams firms over offshore Covid risk to crew
The UK’s workplace safety watchdog has accused two offshore energy sector firms of putting crew at “serious risk” of catching Covid-19.
North Sea industry ‘still in control’ despite recent Covid resurgence
North Sea safety bosses have insisted the oil and gas industry is “still in control”, despite a recent resurgence of Covid-19 offshore.
Workers removed from Shell platform on two occasions in matter of days over Covid-19 fears
Workers have been flown off a platform in the Central North Sea over fears about an outbreak of Covid-19 on board.
Workers removed from North Sea platform after colleague tests positive for Covid-19
More than a dozen workers have been removed from a North Sea platform after a colleague tested positive for Covid-19.
Cold, Flu or Covid?
As the days get shorter and the weather gets colder, the signs are all there that we’re heading into winter, whilst also facing a spiralling pandemic.
Covid quarantine for oil vessel in Cromarty Firth
Crew members on an oil vessel in Cromarty Firth are isolating after a colleague who remains on board tested positive for Covid-19.
Inverurie-based Cable Solutions Worldwide well positioned to thrive in coming years
“The oil industry has got a terrible habit of playing itself down when in reality it, and Aberdeen specifically, has a load to offer. We’ve been through things like this before and if there was a more positive attitude I think we’d be in a much better place.”
Cost control through automation in a time of COVID
In a world where control and COVID together seem an oxymoron, Steve Bruce, Product Director at Idox shares his insights into where and how energy players can exert tighter control over projects to reduce cost and risk.
Energy transition ‘accelerated’ by coronavirus
The north-east oil and gas sector’s approach to energy transition is being accelerated by the Covid-19 crisis, according to the chairman of Scottish commercial law firm Burness Paull.
Sunak cancels Budget and promises financial package to replace furlough scheme
Rishi Sunak has cancelled this year's Budget and will instead prioritise protecting millions of jobs in sectors hit by the latest Government guidance on Covid-19.
ADES eyes better times ahead
ADES International increased EBITDA, revenue and profit in the first half of 2020, versus 2019.
Mozambique, South Africa see pandemic delays
COVID-19 has delayed South Africa’s plans for a new upstream bill and exploration drilling in Mozambique.
IEA says oil market more fragile as resurgent virus hurts demand
The outlook for global oil markets has grown “even more fragile” as a resurgent pandemic derails the recovery in demand, the International Energy Agency said.
Clinic leads way in rapid test kits for coronavirus
An Aberdeen-based healthcare business is among the first in the world to get its hands on the latest in Covid-19 testing technology from life sciences firm LumiraDx.
Unexpected benefits: will Covid-19 lead to a more diverse workforce?
Could a more diverse workforce be one of the benefits to emerge from the global pandemic? Janette Marx, CEO of global workforce solutions provider, Airswift makes the case that lockdown has broken down the lingering psychological hurdles while technology has allowed difference to be encouraged and enabled.