The UK gas balance has reached a deadlock for the summer, according to energy research firm Wood Mackenzie (Woodmac).
BP put workers "in harm’s way" during a fire on the ETAP installation, being left without water pumps to extinguish it, the Health and Safety Executive (HSE) has warned.
Maersk Supply Service (MSS) has been picked to remove subsea kit from the Dunlin field by operator Fairfield.
Jersey Oil and Gas has wrapped up the acquisition of a 70% stake in the UK North Sea licence containing the Verbier discovery from Equinor.
The “astonishing” changes in the world oil market have left the North Sea industry facing a “very tough” future, a top petroeconomist has warned.
Rig inspection firm Aberdeen Drilling Consultants (ADC) has launched a resilience audit to help prevent the spread of Covid-19 on North Sea installations.
ODE Asset Management (ODE) is delighted to confirm that it has secured a contract from NEO Energy (NEO) for the Babbage Field in the Southern North Sea.
An “unprecedented” number of enquiries amid the latest oil downturn is expected to see an Aberdeen-based business nearly double its headcount and boost turnover.
A trade union today launched a major campaign to save tens of thousands of oil and gas sector jobs.
Aberdeen-based offshore catering firm ESS Support Services Worldwide has announced plans to cut dozens of jobs due to a “dramatic decrease” in demand.
Aberdeen-headquartered Stena Drilling has lost a legal case over "mass layoffs" on a North Sea rig but vowed to take its fight further to Norway's Supreme Court.
Aberdeen-based oil and gas support vessel operator North Star Shipping has told crews it plans to make around 100 people redundant.
Premier Oil’s boss says the UK oil industry deserves a “pat on the back” for keeping production flowing during the Covid-19 lockdown.
The UK’s crippled offshore helicopter sector faces more financial restructuring, “opportunistic M&A” and possibly even government intervention, according to new analysis.
Offshore wind must mimic North Sea export ‘battles’ and ‘win them on a global stage’, Orsted boss says
Orsted’s UK boss last night called on the country’s offshore wind sector to pick export “battles” like to the North Sea oil and gas industry and “win them on a global stage”.
Proposals to introduce temporary amendments to the Norwegian upstream tax regime, put to the Norwegian parliament a couple of weeks ago, and included within the Norwegian budget on Tuesday, have added to calls for fiscal change in the UK to support investment in the UKCS and underpin the oilfield services (OFS) supply chain.
The UK Government has run out of fiscal levers that could be pulled to help the country's struggling oil and gas industry, a tax expert has said.
An Aberdeen oil worker who was recently made redundant from Halliburton due to Covid-19 has now set up his own hand sanitiser business to help tackle the virus.
A pair of oil rigs lying idle in Invergordon sank Awilco Drilling to losses of £7.5million in the first quarter of 2020.
Offshore workers have said they’ve been “dumped” by a major recruitment firm after it decided not to offer the UK furlough scheme due to holiday pay concerns.
Premier Oil’s boss has said BP is “willing to listen” as the firm looks to renegotiate the terms of a North Sea acquisition due to the slump in oil prices.
Premier Oil said today it is “re-engaging” with stakeholders about its proposed North Sea acquisitions and extensions to debt maturities in light of current market conditions.
Oilfield services firm Petrofac has struck new deals to provide BP with digitally-enhanced maintenance and metering services.
Catering firm Entier is making "ad hoc" offshore staff members redundant due to a “significant reduction” in demand for its services on oil rigs.
Trade union bosses have vowed to “resist” oil and gas service companies’ “crazy” plans to scrap a UK North Sea collective bargaining agreement.