Chrysaor completes £2billion purchase of ConocoPhillips’ North Sea assets
Chrysaor has announced the completion of its mammoth £2billion purchase of ConocoPhillips’ North Sea assets.
Chrysaor has announced the completion of its mammoth £2billion purchase of ConocoPhillips’ North Sea assets.
Global subsea equipment specialist Ashtead Technology is still on the acquisition trail after a flurry of deals since it changed hands three years ago.
Offshore training firm Survivex has launched a new course which aims to tackle the “deadly legacy” of asbestos.
A new decommissioning specialist has been set up which is carrying out work for North Sea operator Perenco in the UK.
Hydro Group has hailed growth thanks to work in the defence sector but said the subsea industry it operates in still has a “long, hard slog” ahead.
A firm which claimed the government acted unlawfully in giving taxpayers money to a competitor has lost its £25 million legal action in Scotland’s highest civil court.
A survey from the UK’s largest offshore union has found high levels of job insecurity among the contractor workforce in the North Sea.
Aberdeen-headquartered EnerMech said it is making European expansion a “top priority” with the appointment of a new director.
RockRose Energy saw a 449% boost in earnings for the first six months of the year – before completing its takeover of Marathon Oil’s UK assets.
EV Private Equity (EVPE) has highlighted that the image of oil and gas for society and investors is a “key concern” going forward.
An engineering services firm, which recently underwent a management buyout, has strengthened its leadership team with six new appointments.
Aberdeen-headquartered Wood has been awarded a contract from Equinor for work at its under-development Martin Linge field off Norway.
Energy services firm Petrofac has won work at the Haliba field in the United Arab Emirates (UAE).
An umbrella group for unions in Norway has said it is “delighted” after testing a new helicopter seeking to enter the North Sea.
Mossmorran bosses have announced a £140 million investment in the plant to reduce flaring.
Anderson Anderson & Brown (AAB) has experienced an uplift in demand for its services in the upstream exploration and production (E&P) sector.
The head of Bilfinger has said an industry labour shortage, which could materialise in “two or three years”, is among his main concerns for the oil and gas sector.
CNOOC has confirmed that it has started drilling at the Howick prospect west of Shetland.
Aberdeen-headquartered STC Global has reported 80% company growth this year, with a turnover of £1.8 million.
Hurricane Energy has confirmed it has struck oil at its Lincoln Crestal well in the West of Shetland.
Airbus has said it expects the Super Puma helicopter to fly “for decades to come” despite being shunned by the North Sea oil industry.
The North Sea oil industry has been warned of the cyber security threat from “angry” workers facing rota changes.
The world’s most profitable company told Offshore Europe delegates last week that “everybody” will eventually be hit by a cyberattack.
Dolphin Drilling has hailed its “rebirth” after going debt-free and picking Aberdeen as its international headquarters.
Industry leaders discussed the potential need for a “new brand” for decommissioning at Offshore Europe yesterday as it “implies you’re getting rid of rubbish”.