Greenpeace Rainbow Warrior heads back to Aberdeen for ‘Just Transition’ event
The Greenpeace Rainbow Warrior ship will be back in Aberdeen on Saturday to host a panel discussion on the need for a “just transition” for oil workers.
oil and gas
UK govt oil revenues fall 70% as price crash and decommissioning take effect
UK government revenues from oil and gas taxes have plummeted by more than 70% due to effects of the recent price crash and decommissioning repayments.
Seadrill draws competing rig offers from Noble and Transocean consortium as it undergoes Chapter 11 bankruptcy
Noble Corporation and a consortium including Transocean and Dolphin Drilling are competing to acquire the assets held by Seadrill, according to a news report, as it undergoes Chapter 11 bankruptcy.
BHP considers exit from oil and gas business
BHP Group is considering getting out of oil and gas in a multibillion-dollar exit that would accelerate its retreat from fossil fuels, according to people familiar with the matter.
Worley lands Taqa contract for work on one of Europe’s largest gas storage facilities
Worley has won a new design contract with Taqa for work on Europe’s largest open-access gas storage facility.
BCG: Distressed or bankrupt oil firms face $15billion decommissioning costs
The decommissioning costs of oil and gas firms which have recently gone bankrupt or are in financial distress is near $15billion, according to new analysis from Boston Consulting Group (BCG).
Schlumberger and Halliburton win big as ADNOC dishes out $764million unified contract
ADNOC has dished out a unified drilling contract worth $763.7million, with Schlumberger and Halliburton landing sizeable shares.
‘Devastating blow’ with 14 Petrofac jobs at risk at Orkney Flotta terminal
Jobs are at risk at contractor Petrofac after Repsol Sinopec announced “organisational changes” are to be made at the Flotta oil terminal in Orkney.
Nearly 120 workers linked to Shell Shearwater Covid outbreak
Nearly 120 people have now been linked to a Covid outbreak on board the Shell Shearwater production hub in the North Sea.
Covid cases see 18 workers isolate or flown ashore from Taqa oil platform
A total of 18 workers have been flown ashore or are currently isolating on board the Taqa North Cormorant platform after workers tested positive for Covid-19.
Energy Institute in skills warning that net zero could leave workers ‘stranded’
The Energy Institute has said the majority of UK workers plan to train for net zero in the coming year, but concerns persist on cost, timing, and availability of courses.
NEO Energy on the rise after losses on oil price and Western Isles impairment
NEO Energy has said it has “rapidly expanded” since the oil price crash brought it down to losses in its first full year of trading.
CNOOC hits major milestone on way to phase 2 of Buzzard mega-field
CNOOC has hit a key milestone ahead of first production from phase 2 of the huge Buzzard oilfield in the North Sea.
Taqa ‘poised for significant decommissioning activity’
The director of Taqa decommissioning operations has said it is “poised” for significant activity in the coming months.
‘Organisational changes’ for Repsol Sinopec at Orkney Flotta terminal
Repsol Sinopec has said “organisational changes” are to be made at the Flotta oil terminal in Orkney as the firm explores energy transition opportunities.
More than 80 jobs to be axed at Baker Hughes Montrose base
Almost a third of the workers at oil and gas firm Baker Hughes in Montrose are at risk of redundancy.
Memorial service held in Aberdeen to mark 33 years since Piper Alpha disaster
A memorial service was held in Aberdeen today to mark 33 years since the Piper Alpha disaster, which claimed the lives of more than 100 men.
Petrofac wins £10million contract extension with Neptune on Cygnus field
Petrofac has been awarded a contract extension with Neptune Energy on the Cygnus platform, worth around $14million (£10m).
EnQuest completes Bentley acquisition from Whalsay
EnQuest has announced the completion of its acquisition of the Bentley field, one of the North Sea’s largest untapped discoveries, from Whalsay Energy.
Finder Energy acquires North Sea Goose licence from Azinor Catalyst
Australia's Finder Energy is boosting its UK presence, striking a deal for the "Goose" North Sea licence from Azinor Catalyst.
Piper Alpha: New research assesses disaster’s legacy in reducing oil and gas releases
New research has shed light on the role of the Piper Alpha disaster in preventing further oil and gas releases in the North Sea.
Son of Piper Alpha survivor looks to VR to help prevent industrial disasters
The son of a Piper Alpha survivor has launched a VR safety training initiative to help prevent further industrial disasters.
Greenpeace brings 42ft wind turbine blade to Duthie Park as part of the Just Transition Tour
Campaigners brought a 42ft wind turbine blade to Aberdeen as part of the Greenpeace Just Transition Tour.
Iraq says BP and Lukoil want to sell down oil stakes
BP Plc and Russia’s Lukoil PJSC want to sell down their assets in Iraq, according to the country’s oil minister.
Emergency crews snuff out Gulf of Mexico pipeline fire near Pemex oil platform
A fire near the Pemex Ku-Maloob-Zaap oil platform complex in the Gulf of Mexico has been controlled following a gas leak.