Wood decommissioning boss โrarelyโ sees local content in UK tenders
The decommissioning boss at Wood said she โrarelyโ sees local content requirements for UK projects, despite an impending industry target on the issue.
The decommissioning boss at Wood said she โrarelyโ sees local content requirements for UK projects, despite an impending industry target on the issue.
Taqa has kicked off removal work for the Brae Bravo, one of the largest decommissioning projects in the North Sea.
The boss of Taqaโs North Sea business has predicted a โchallenging yearโ ahead as the Abu-Dhabi oil firm publishes its 2019 results.
Court documents have revealed emails between Taqa senior management, who described RockRoseโs deal with Marathon Oil as their โworst fearโ, calling the London-headquartered company โtotal wideboysโ.
RockRose Energy has lost control of its only operated platforms in the UK North Sea after three partner companies raised โserious concernsโ in court about its ability to run the assets.
Taqaโs North Sea operation remained โrobustโ in the first quarter of the year, despite the wider oil firm experiencing a heavy dip in profits.
A โnatural declineโ in production and unplanned outages halved earnings from Taqaโs European business in 2018.
Swedish power company Vattenfall has put its past financial woes behind it with pre-tax profits of 8.3billion Swedish krona (ยฃ775million) for the first half of 2017.
Step Change in Safety (SCiS) has appointed the acting managing director of TAQA as new co-chair of its leadership team.