NHV boosts Covid-19 safety protocols after warning from HSE
Helicopter operator NHV improved the Covid-19 cleaning regime at its Aberdeen base after being pulled up by the UK's health and safety watchdog.
Coronavirus
ABN to cut commodity work amid losses
ABN AMRO is pulling out of its trade and commodity financing, while cutting its natural resources and transportation and logistics work to European clients only.
Rise in category B cases offshore attributed to Aberdeen Covid-19 outbreak
An offshore safety boss has blamed a local outbreak in Aberdeen for a rise in the number of North Sea workers that have come into contact with people showing symptoms of Covid-19.
Aberdeen-based risk consultancy firm Marex offers support to small businesses and charities
A marine and risk consultancy firm is offering struggling businesses in the north-east a helping hand to try and support them through the pandemic.
Aramco feels the squeeze
No company has been immune from the headwinds facing the global oil industry, even Saudi Aramco.
Fuel retailers accused of overcharging drivers during lockdown
Fuel retailers overcharged motorists when the coronavirus lockdown was introduced by failing to fully pass on savings, according to analysis.
Consolidation on the cards as UK listed oil firm profit warnings spike, EY says
UK listed oil and gas companies recorded more profit warnings in the second quarter of 2020 than in the whole of last year, according to a new report by EY.
Stakes in Simec Atlantis plummet after firm announces plans to issue 50m new shares
Shares in Simec Atlantis Energy, which operates the MeyGen tidal array in the Pentland Firth, plummeted today.
OGUK partners with skills body to offer support to redundant oil and gas workers
The leading representative body for the UK’s offshore oil and gas sector has partnered with Skills Development Scotland to signpost support for oil and gas workers impacted by redundancy.
US backs Libyan oil flows
The US has called for “all responsible parties” to allow the National Oil Corp. to go about its business.
Subsea Expo confirmed for February 2021
Europe’s largest underwater engineering event, Subsea Expo, is shaping up to what could be the sector’s first, large scale exhibition and conference following lockdown where delegates will be able to meet and network face to face.
OceanTools bouncing back and sensing opportunities
OceanTools’ boss has said the underwater technology firm has come out of the Covid-19 lockdown “fighting”.
Digitalisation drive unlocks modern training approach
The acceleration of digitalisation during the coronavirus pandemic has brought into sharp focus the opportunities for digital technical training within the oil and gas sector.
North Sea operators expected to adopt hybrid working practices
A leading IT expert expects North Sea oil and gas operators to adopt a hybrid of traditional and new working practices post Covid-19.
Concerns around offshore maintenance backlog due to Covid-19 pandemic
Safety leaders have voiced concerns that a backlog of maintenance work may have built up offshore during the Covid-19 pandemic.
Repsol Sinopec says remote working has ‘improved performance’
Bosses at Repsol Sinopec Resources UK (RSRUK) are looking to push on with remote working practices after seeing an “improvement in performance” during the Covid-19 lockdown.
Saipem to downsize investment plans after losses of £644m
Saipem has confirmed it will “considerably” downsize its investment plans after posting pre-tax and interest losses of £644 million for the first half of this year.
Suspected offshore Covid-19 cases continue to fall, OGUK says
A leading industry body has revealed suspected Covid-19 cases offshore have continued to fall due to “effective industry-wide measures”.
Schlumberger cutting fifth of global workforce amid huge financial losses
Schlumberger delivered another crushing blow to the oil and gas industry today by announcing it was cutting around a fifth of its workforce.
How smaller firms could adapt to survive challenging energy industry times
The future of the energy industry landscape has long been up for debate, and the effect of COVID-19, combined with the dramatic global oil price crash and its detrimental impact, has brought this to an unparalleled level.
North Sea bringing Covid ‘under control’ with just 10 workers contracting virus offshore
The North Sea is bringing the risk of Covid "under control" with just 10 cases of people contracting it while at work offshore in the UK .
Baker Hughes slumps to pre-tax loss of £13bn in first half
US energy service firm Baker Hughes slumped to pre-tax losses of £13 billion ($16.5bn) in the first half of 2020, highlighting the severe impact of the Covid-19 pandemic and crude price drop.
Investors seek clarity from Centrica amid dispute with unions
Centrica will hope to win back some investor confidence on Friday as it presents its latest figures amid a tough battle with unions.
Politics muddy Indonesia’s $48 billion refinery expansion plan after Aramco walks
Saudi Aramco’s experience may offer a cautionary tale to other investors considering multi-billion-dollar refining partnerships with Indonesian NOC Pertamina
Tullow shutters Kenya export business
Tullow Oil has announced the end of its Early Oil Pilot Scheme (EOPS) in Kenya, declaring the project to be a success.