Bristow losses widen to £105m as currency exchange rate bites
Losses have widened at Bristow as “challenging” oil sector market conditions and unfavourable currency exchange rates weighed the North Sea helicopter operator down.
Losses have widened at Bristow as “challenging” oil sector market conditions and unfavourable currency exchange rates weighed the North Sea helicopter operator down.
Scores of north-east workers at an offshore drilling contractor are facing deep pay cuts with Christmas just around the corner.
The UK’s subsea service sector employs 8,000 people fewer than it did three years ago, but an uptick in offshore wind is proving to be a bright spot, a new report said.
North Sea industry faces being left short by hundreds of millions of pounds for a period due to the closure of a key pipeline, an analyst has said.
Residents living close to the scene of the oil leak between Cookney and Netherley have faced delays since the cordon was put up last week.
The Forties pipeline shutdown will cause pain for oil producers, but consumers will still get their oil and gas, industry experts said yesterday.
Nexen said today that it has temporarily shut down the Buzzard, the North Sea's biggest producing field, in light of the Forties pipeline closure.
Petrochemicals giant Ineos has provided a photograph of the site where work is being carried out to fix a crack in the Forties pipeline.
Oil firm Apache said today that it shut down production from the North Sea Forties field following the closure of a major pipeline.
CNR International said this afternoon that a team is working to restore power to the Ninian South platform.
Oil major Shell said today that it had suspended production on two of its North Sea platforms due to the Forties pipeline shutdown.
Viewed from the wheelhouse of an ERRV situated within the North Sea this video shows the 13-meter waves churned up by Storm Caroline.
Midstream infrastructure owner Cats Management said today that it had agreed buy a 65% stake in a major southern North Sea pipeline.
The North Sea is headed for a sweeping shutdown unless a small crack in a pipeline near Aberdeen can be fixed quickly, industry experts have said.
Serica Energy has lowered its full-year production outlook due to the Forties pipeline shutdown.
Offshore accommodation provider Prosafe said yesterday that it had sent 14 workers ashore for not taking part in an emergency drill.
This has been the year in which future prospects for the North Sea have acquired a realistic perspective – and it is by no means all bad news. As the months have rolled by, the message to the world has been that the industry will be alive and producing for quite some time yet.
Ineos said today that the Forties pipeline will shut down for a "short period" to allow repairs to be carried out.
Subsea service provider N-Sea has launched its new system for detecting unexploded ordnance underwater.
Energy service firm Petrofac is mulling an exit from the North Sea to help reduce its debts, a news report said.
The latest installment of a series which shows what it’s like to work and live on an emergency response and rescue vessel. The video contains a small amount of bad language, so be warned, but also some good guitar playing.
A new entrant to the North Sea makes its bow today.
Offshore helicopter flights are cancelled today as strong winds and snow buffet the north-east.
As Teresa Connor says quietly, it is a terrible memory which never goes away.
Oil firm RockRose Energy said today that it had completed the takeover of Idemitsu Petroleum UK after receiving approval from the Oil and Gas Authority.