Watch: ‘Landmark’ moment as Well-Safe Guardian heads for North Sea
Well-Safe Solutions has hailed a “landmark” moment for the company, with footage of its Well-Safe Guardian rig heading off for its first UK contract.
Repsol Sinopec
Plans for green hydrogen facility at Flotta terminal could yield hundreds of jobs
Hundreds of jobs could be created in Orkney as part of ambitious plans to create a green hydrogen hub on the island.
Workers evacuated from Piper Bravo oil platform after Covid outbreak
The crew on board the Piper Bravo has been reduced to “essential workers only” after a Covid outbreak on board the North Sea platform.
Repsol Sinopec sinks to $745million losses during ‘extraordinary year’
Repsol Sinopec Resources UK took losses of nearly three quarters of a billion dollars during an “extraordinary” and “challenging” 2020.
‘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.
Hibiscus and Ithaca agree to jointly develop pair of North Sea discoveries
Malaysian oil firm Hibiscus Petroleum and Ithaca Energy, of Aberdeen, have agreed to jointly develop a pair of North Sea discoveries.
North Sea oil and gas operators help to launch platform for streamlining tendering
North Sea oil and gas operators have helped to develop a new platform for streamlining the tendering process.
Petrofac boss says confidence in North Sea market based on real activity, not hope
A boss at Petrofac said yesterday his confidence that the North Sea market is picking up in 2021 is based on real activity, rather than mere hope.
Union Jack buys portion of royalties for two North Sea hubs
Union Jack Oil has announced the purchase of rights to a portion of the royalties from two production hubs operated by Repsol Sinopec in the North Sea.
Jersey ready to test interest in Buchan project, warns of ‘green premium’ for electrification
Jersey Oil and Gas is ready to test the market’s interest in its Greater Buchan Area (GBA) again after unveiling its £1 billion development concept, with platform electrification as a cornerstone.
Greenpeace investigation names worst companies for flaring in UK North Sea
A Greenpeace investigation has named the five worst firms for flaring and venting in the UK North Sea, emitting nearly 20million tonnes of CO2 equivalent between 2015-2019.
Energy companies turn to digital training to optimise E&P activity
An Aberdeen-based technology company is bringing the latest e-learning techniques to the oil and gas industry to ensure teams have the right level of technical skills to optimise exploration and production activity.
Decom board appoints international oil and gas expert
Decom North Sea (DNS), the only membership organisation dedicated to the oil and gas decommissioning sector, has announced the appointment Alvaro Ranero to its Board of Directors.
Crown Estate Scotland tendering £40K contract to study whether oil platforms can be reused for hydrogen
Crown Estate Scotland is tendering a £40,000 contract for a study into whether oil platforms can be reused to produce hydrogen.
HMRC boosts projected decommissioning tax relief for oil firms by £1.1billion
HMRC has boosted projections by £1.1billion for the amount of tax repayments it expects to give oil firms for North Sea decommissioning.
Drilling firm Archer posts first-half profit despite Covid hit
Drilling services firm Archer made pre-tax profits of £2.3 million in the first half of 2020 despite being hit hard by the Covid-19 pandemic and low oil price.
Repsol Sinopec says remote working has ‘improved performance’
Bosses at Repsol Sinopec Resources UK (RSRUK) are looking to push on with remote working practices after seeing an “improvement in performance” during the Covid-19 lockdown.
New £5m boost for researchers assessing North Sea oil and gas and renewables structures
A research group assessing man-made North Sea structures has been given a boost with the announcement of £5 million in new funding.
Analyst predicts return of marginal gains ethos in North Sea
Coach Sir Dave Brailsford is widely credited with turning around the fortunes of Britain’s cyclists using the “marginal gains” philosophy.
Archer finances ‘robust’ after completing debt refinancing
Drilling contractor Archer has said a newly-completed debt refinancing will help it withstand a “meaningful drop in activity”.
International SOS reports acquisitions in good health
Aberdeen occupational health firm International SOS has seen its fair share of M&A activity over the years.
‘Hardening’ public perception over Brent legs might harm decom science, director says
The director of a multi-million pound decommissioning study has voiced concern that any final decision over the removal of Shell’s Brent platform legs might ‘harden’ public perception toward his project.
North Sea newcomer Waldorf snaps up Endeavour Energy
A newly-formed oil firm claimed on Tuesday night that it had captured stakes in four producing North Sea fields through the acquisition of Endeavour Energy UK (EEUK).
i3 Energy set to begin drilling work at North Sea Liberator field
North Sea exploration firm i3 Energy has confirmed it is set to start drilling work on an appraisal well in the Liberator field in the Outer Moray Firth.
Faith pays off for drilling contractor Stena
Only two out of seven Stena Drilling rigs had work on their plates at the start of last year.