Maersk Supply Service sold in near £560 million deal
A.P. Moller – Maersk has signed a deal with A.P. Moller Holding for an intended divestment of Maersk Supply Service.
Maersk
Noble signs $50m North Sea deal with BP
Noble and BP have struck a deal worth $50 million (£40.5m) for drilling and, plugging and abandonment services in the UK sector of the North Sea.
Gallery: Noble Intrepid at Kishorn port under maintenance ahead of new look
The Noble Intrepid, formerly known as the Maersk Intrepid, has arrived at the port of Kishorn as images emerge on social media.
North Sea drillers begin two-day strike action
More than 300 drilling workers have launched 48 hours of strike action across North Sea installations in a dispute over pay.
Safety fears flagged ahead of imminent strike on Foinaven FPSO
There are concerns for the safety of crew aboard the Foinaven floating production, storage and offloading (FPSO) ship ahead of planned strikes this week.
Oil prices at $100 a barrel? What else is on the horizon for the energy sector in 2022
In this latest in our series on ESG investing, Mike Scott assesses the global energy outlook ahead for 2022. Although oil and gas prices are healthy, energy firms will need to stay focused on net zero and emissions targets, and keep an eye on growth areas like hydrogen and other renewable energy sources.
Singapore eyes world’s first green ammonia bunkering
Singapore, home to the world’s largest bunkering port, is aiming to pioneer the world’s first ship-to-ship ammonia bunkering base to help decarbonise global shipping.
Virtual virus health checks more critical than ever
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.
Cluff appoints RGU graduate as chief financial officer
North Sea exploration firm Cluff Natural Resources has appointed a Robert Gordon University (RGU) graduate as chief financial officer (CFO).
Beaching of UK North Sea vessel in Bangladesh ruled as illegal
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.
Perenco Thames decom to be carried out by Maersk
Decommissioning work for Perenco's Thames field is to be carried out by Maersk Supply Service and Maersk Decommissioning.
North Sea drillers snub ‘inferior’ pay offer from ‘breakaway group’
Scores of offshore drillers have rejected an "inferior" pay offer from a group of companies accused of snubbing a collective agreement.
Former legal expert for Total joins Aberdeen law firm
A former legal expert for French oil giant Total has has been appointed partner at Brodies’ Aberdeen office.
The return of top oil deal-maker John Browne
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.
Maersk reveals plans for listing of drilling business
Danish conglomerate AP Moller-Maersk said today that it intends to list its drilling subsidiary separately on Nasdaq Copenhagen next year.
Union boss attacks Total over proposed rota changes
Oil giant Total’s attempt to justify planned offshore rota changes was “arrogant, cynical and patronising”, a union boss has said.
PDi doubles decom and subsea awards to £4m 2018
Project Development International (PDi) Ltd has announced that it has doubled its decommissioning and subsea awards from £2million in 2017 to £4million in 2018.
BP wins seven North Sea licences
Oil giant BP today announced the award of seven North Sea licences in 30th offshore bidding round.
Moller-Maersk confident of selling drilling and supply service wings as markets lift
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 appoints new managing director
Total E&P has appointed a new managing director for its North Sea operations.
Exclusive Interview: Maersk creating dedicated North Sea decommissioning firm
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.
Maersk’s oil exit comes with $1.2bn ball and chain
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.
BHGE announces technology deals with Shell, Maersk and Vietsovpetro
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.
Updated: RockRose pulls out of deal for North Sea fields
Oil firm RockRose Energy today revealed that its efforts to buy stakes in two North Sea fields were dead in the water.
‘Serious shortcomings’ in procedures caused worker’s death on Tambar field
Norway's offshore safety watchdog has said "serious shortcomings" in procedures contributed to the death of an offshore worker last month.