North Sea firms see shares jump on oil price rally
North Sea operators including Shell, BP, EnQuest and Premier Oil have all seen their shares jump in light of the oil price rally.
North Sea operators including Shell, BP, EnQuest and Premier Oil have all seen their shares jump in light of the oil price rally.
Petrofac has won its first contract for decommissioning work in Australia after building a track record in the UK.
Energy service firm Stork has become the latest company to pledge its support for a newly-drafted collective bargaining deal for North Sea workers.
Energy service firm Petrofac has clinched two contracts worth a total of £220 million through Petroleum Development Oman (PDO).
Trade unions have launched a survey seeking feedback from members on a “ground-breaking” collective bargaining agreement that would cover thousands of North Sea workers.
UK-headquartered energy service firm Petrofac has pushed back the publication of its full-year 2020 results to mid-April.
Petrofac has been awarded an “enhanced” five-year deal with Ineos FPS (Forties Pipeline System) in the North Sea.
Stena Drilling has won a new North Sea contract with Petrofac.
A former senior boss at Petrofac has pleaded guilty to further charges of bribery in a Serious Fraud Office (SFO) investigation related to contract wins worth billions of dollars.
Sharjah National Oil Corp. (SNOC) has launched its new gas storage project, constructed by Petrofac.
North Sea firms ranging from BP to Hurricane Energy have enjoyed share price hikes after a deal was reached by OPEC to curb oil production.
A technology chief at Petrofac says the energy service firm adopted the “art of the possible” philosophy in its mission to bring new digital products to the oil and gas inspection and maintenance market.
The chief operating officer of Maersk Drilling has said its deal with fledgling explorer Seapulse, targeting four billion barrels worldwide, is “still alive”, despite news going quiet over the last year.
Employers and unions have given themselves extra time to conclude a new collective bargaining agreement for thousands of North Sea workers.
Energy service firm Petrofac announced today it would be taking “additional measures” to “right-size” the business and reduce its costs.
The achievements of the UK oil and gas industry’s leading lights were celebrated in a virtual awards ceremony last night.
Kuwait’s Clean Fuels Project has started up the country's largest crude distillation unit (CDU) 111, at the Mina Abdullah refinery.
The head of Bilfinger Salamis UK has said “never say never” to the potential for the firm's return to a collective deal for North Sea contractors.
UK Prime Minister Boris Johnson’s 10-point plan put hydrogen at number two on the list, but panellists at session four of Energy Voice’s ETIDEX event wanted more clarity.
The Oil and Gas Authority (OGA) is planning a year-long trial to tackle the “bugbear” of late payments for North Sea suppliers.
Leading voices from the world of industry will get to grips with the energy transition’s biggest questions at a free online event in one week’s time.
A trade union boss has hailed the progress made by the oil and gas industry in its quest to create a new collective deal covering thousands of North Sea workers.
A new deal covering thousands of North Sea workers could include a “rate adjustment mechanism” linking pay with oil and gas prices, a key figure behind the talks said.
Petrofac will start legal proceedings against Perenco to recover a balance of $80.2 million plus interest related to the sale of the remaining 51% of its Mexican operations.
Independent Oil and Gas (IOG) has awarded the rig contract for phase one of its core project to Noble Corporation.