Subsea 7's board has proposed the election of former Equinor boss Eldar Saetre to the post of independent non-executive director at the energy service firm.
Premier Oil’s UK and North Sea boss has stepped down from the role to follow his “strong personal interest” in climate change as the firm announced a new net zero policy.
Record levels of production from its North Sea assets were not enough to halt a drop in pre-tax profits for Premier Oil in 2019.
First Minister Nicola Sturgeon visited Heriot-Watt University (HWU) in Edinburgh yesterday to mark the start of a new five-year partnership between oil giant Total and HWU’s Institute of Petroleum Engineering.
Exclusive Interview: Total boss says Laggan-Tormore first gas proves “there’s a future for the UK’s offshore industry”
Total’s new UK managing director, Elisabeth Proust , said the firm’s £3.5billion West of Shetland investment was a much needed reminder that there was still everything to play for in UK energy sector – regardless of oil price.