EnQuest has insisted its day-to-day operations are not “materially affected” by the coronavirus outbreak.
North Sea workers must accept ‘accountability’ for their own health and safety in order to halt the spread of Covid-19 offshore.
Shell has hit pause on a number of UK North Sea projects due to the recent crude price drop and Covid-19 outbreak, it is understood.
EnQuest today announced deeper cuts to its spending plans as it published full-year results showing it lurched into the red in 2019.
Safety fears have been raised about the potential spread of Covid-19 due to a lack of guidance given to oil and gas workers using Aberdeen’s new safe haven hotels.
Norwegian energy giant Equinor has received the go-ahead for its plans to build a floating wind farm able to power oil and gas installations in the Northern North Sea.
Shell and Diamond Offshore have “mutually agreed” the release of the Ocean Valiant rig from its contract.
Energy giant Shell paid no taxes on its upstream oil and gas business to the UK government last year, instead receiving large rebates, according to a new report.
TechnipFMC has said employee safety is of “paramount importance” after confirming a virus outbreak on board one of its North Sea vessels.
Ineos has extended the postponement of its shut down of the Forties Pipeline System until next year due to the Covid-19 pandemic.
The UK could “sleepwalk” into “mass redundancies” in the oil and gas industry unless Chancellor Rishi Sunak takes urgent action, MPs have warned.
The North Sea should not run “into a pit of lowest price bidding” just because the supply chain is stressed with the oil price drop, according to the chief operating officer of Independent Oil and Gas (IOG).
The UK Government has been ordered to pay the costs of Greenpeace seeking a judicial review after it rubber-stamped BP’s drilling plans for a North Sea field without telling the public.
Production on a North Sea vessel has been shut down in response to the removal of a crew member with “flu-like symptoms”.
Oil and gas firm Neptune Energy has mapped out ambitious targets to cut its carbon and methane emissions.
RockRose Energy’s boss today insisted the firm’s growth prospects were “undimmed” by the slump in crude prices.
Westwood Global Energy reports that as of 2 April there was one exploration well that was in the process of completing, with no active E&A drilling.
The world has been transformed in the past month since the COVID-19 pandemic took hold. The dramatic impact of COVID-19 on global oil demand and has been compounded by Saudi Arabia and Russia failing to agree production cuts to stabilise oil prices. With Brent trading well below US$30/bbl the resilience of the sector is once again being pushed to its limit. What does this mean for the UK and Norway upstream sectors?
Drilling firm Valaris is set to undertake drilling and subsea work at Premier Oil's North Sea Catcher field next week.
A workers who was airlifted from a UK North Sea platform has tested positive for the Covid-19 virus.
A deal that holds the key to Neptune Energy obtaining a stake in a major UK North Sea discovery took a step forward today.
A number of North Sea oil fields will be facing a swifter end to their economic life due to the recent oil price drop, according to a leading petroleum economist.
Temperature checks and social distancing ‘do work’ for North Sea helicopter travel, OGUK director claims
Oil and Gas UK (OGUK) has insisted temperature checks and social distancing “do work” as a Covid-19 safety measure for offshore helicopter flights, despite concerns from workers and unions over the practices.
Investing in capital markets is, speculators aside, a long- term play. When times are good investors can relax and take pleasure in their investment prowess; when times are bad investors need to remind themselves, they are in for the long term, and play to the fundamentals.