Shell's finance chief has refused to rule out further job losses in the North Sea as the oil giant announced its earnings had dropped by $4billion dollars in the first quarter of 2016.
Norwegian investigators said yesterday a North Sea helicopter crash which killed 13 people was most likely caused by a technical fault rather than “human error”.
A petition calling for the Civil Aviation Authority to permanently remove the Airbus EC225 Super Puma from service has reached more than 18,000 signatures.
The helicopter crash that killed 13 people on their way back from an oil platform off Norway’s west coast has sparked a debate over whether the industry’s deepest cost cuts in 15 years are imperiling safety.
Norwegian operator Statoil has entered into an agreement with Lundin Petroleum to divest its 15% interest in the Edvard Grieg field for an increased shareholding in the company.
The Director General of the Norwegian Air Investigations Branch (AIBN) said work has begun to put “together the puzzle” of what happened on board a fatal North Sea helicopter crash.
Airbus Helicopters said it following additional information gathered since a North Sea helicopter crash, that it has no plans to suspend flights for the Super Puma EC225.
Abu Dhabi National Energy Co is considering whether to sell its overseas oil and gas assets to another Abu Dhabi state-owned entity as it focuses on its core business of power generation and water production.
A senior official at CHC Helicopter has revealed there were no emergency transmissions from the doomed Super Puma in the moments before Friday’s crash.