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
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.
TechnipFMC wins ‘significant’ subsea contract in Brazil
TechnipFMC has won a “significant” contract for work on the Lapa oilfield offshore Brazil.
North Sea rotas: Clear or cluttered?
An Aberdeen academic has said the North Sea rotas picture is less perplexing than it may seem.
Happy staff will always be the best employees
It’s well known among those who keep hens that happy “chooks” lay more eggs.
Science to lift the lid on effect of North Sea decommissioning
No one knows what consequences the removal of North Sea infrastructure will have on marine life, a decommissioning project director has said.
Workers evacuated from North Sea platform due to water supply issue
Workers have been evacuated from a North Sea platform following an issue with its water supply.
Video: Offshore union protests over pay in Aberdeen
A group of protesters took to the streets of Aberdeen yesterday to challenge low pay and job losses imposed on UK seafarers and offshore workers.
Sparrows takes over major offshore contract from rival EnerMech
EnerMech has today been dealt a blow after losing a major offshore contract to a rival engineering services company.
New MER UK task force chiefs appointed
The Oil and Gas Authority (OGA) has announced the new MER UK task force chair appointees ahead of a forum in Aberdeen.
Transfer of assets begins as part of Petrobras and Total ‘strategic alliance’
The first phase of a strategic alliance involving the transfer of rights and ownership between Brazilian oil firm Petrobras and French oil giant Total has been finalised today.
Repsol Sinopec’s Buchan Alpha arrives for scrapping
The arrival of a 12,000 tonne oil production vessel for scrapping has been welcomed as “great news for Shetland” by Scotland’s energy minister.
Buchan Alpha arrives in Shetland for scrapping
The Buchan Alpha oil production vessel has been towed to the north-east of Lerwick Harbour ahead of scrapping.
Two North Sea start ups in two days as Cayley starts producing gas
A second new start-up in the UK North Sea in two days has boosted confidence in the offshore industry after Repsol Sinopec announced first gas from the Cayley field.
Repsol Sinopec to begin plugging wells as Beatrice field prepares for decommissioning
A North Sea operator will soon start plugging and abandoning (P&A) wells on the Beatrice oil field as it prepares a wider decommissioning programme.
UPDATED: First oil flows from Flyndre for Maersk, extends Clyde field life
Production has begun from the Maersk Oil-operated Flyndre field which straddles the UK and Norwegian North Sea.
Prosafe back in black despite collapse in vessel use
Prosafe was back in the black last year despite a large drop-off in work for its fleet as low oil prices led to offshore project delays.