The oil and gas industry has been battered by a perfect hurricane of the three Cs: coronavirus, climate concern and a collapse in crude prices. But a fourth big C, a perennial threat to the health of the sector, lurks in the background and could cause even greater damage than usual in today’s fraught operating environment.
North Sea exploration firm Cluff Natural Resources has appointed a Robert Gordon University (RGU) graduate as chief financial officer (CFO).
A court has ruled it was illegal for a UK North Sea production vessel to be imported, beached and broken down on a notorious beach in Bangladesh.
Decommissioning work for Perenco's Thames field is to be carried out by Maersk Supply Service and Maersk Decommissioning.
Scores of offshore drillers have rejected an "inferior" pay offer from a group of companies accused of snubbing a collective agreement.
A former legal expert for French oil giant Total has has been appointed partner at Brodies’ Aberdeen office.
John Browne’s return to the top of an oil company started with a phone call from a Russian oligarch who had $10 billion burning a hole in his pocket.
Danish conglomerate AP Moller-Maersk said today that it intends to list its drilling subsidiary separately on Nasdaq Copenhagen next year.
Oil giant Total’s attempt to justify planned offshore rota changes was “arrogant, cynical and patronising”, a union boss has said.
Project Development International (PDi) Ltd has announced that it has doubled its decommissioning and subsea awards from £2million in 2017 to £4million in 2018.
Oil giant BP today announced the award of seven North Sea licences in 30th offshore bidding round.
Better market conditions have increased Moller-Maersk’s confidence of finding “structural solutions” for its drilling and supply service businesses before the end of 2018.
Total E&P has appointed a new managing director for its North Sea operations.
Maersk has announced the creation of a dedicated decommissioning company in order to take a major share of work to shut down North Sea assets in coming years.
AP Moller-Maersk is about to exit the Danish offshore oil industry that it created half a century ago. But for the next few decades, it will be stuck with a liability stemming from that business that’s as big as $1.2 billion.
Baker Hughes, a General Electric Company (BGHE) has announced a series of contracts and partnerships with firms including Shell and Maersk at its annual meeting in Italy.
Oil firm RockRose Energy today revealed that its efforts to buy stakes in two North Sea fields were dead in the water.
Norway's offshore safety watchdog has said "serious shortcomings" in procedures contributed to the death of an offshore worker last month.
Production has restarted at the Tambar field in Norway following the death of a worker.
Aker solutions has won a NOK1billion deal with Maersk.
A worker fell from the Maersk Interceptor rig at Aker BP’s Tambar field yesterday while another was injured.
As part of the Aberdeen Renewable Energy Group (AREG), Maersk Training launched the simulator and performed demonstrations of the safety training required prior to working on a wind turbine generator.
Danish conglomerate AP Moller-Maersk sank into the red in a third quarter marked by an agreement to sell its oil division to Total of France.
AP Moller-Maersk has agreed to sell its tanker business to its controlling shareholder for $1.17billion.
The floating storage and offloading (FSO) vessel for the North Sea Culzean field has taken to water for the first time.