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.
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.
A research group assessing man-made North Sea structures has been given a boost with the announcement of £5 million in new funding.
Coach Sir Dave Brailsford is widely credited with turning around the fortunes of Britain’s cyclists using the “marginal gains” philosophy.
Drilling contractor Archer has said a newly-completed debt refinancing will help it withstand a “meaningful drop in activity”.
Aberdeen occupational health firm International SOS has seen its fair share of M&A activity over the years.
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.
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).
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.
Only two out of seven Stena Drilling rigs had work on their plates at the start of last year.
TechnipFMC has won a “significant” contract for work on the Lapa oilfield offshore Brazil.
An Aberdeen academic has said the North Sea rotas picture is less perplexing than it may seem.
It’s well known among those who keep hens that happy “chooks” lay more eggs.
No one knows what consequences the removal of North Sea infrastructure will have on marine life, a decommissioning project director has said.
Workers have been evacuated from a North Sea platform following an issue with its water supply.
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.
EnerMech has today been dealt a blow after losing a major offshore contract to a rival engineering services company.
The Oil and Gas Authority (OGA) has announced the new MER UK task force chair appointees ahead of a forum in Aberdeen.
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.
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.
The Buchan Alpha oil production vessel has been towed to the north-east of Lerwick Harbour ahead of scrapping.
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.
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.
Production has begun from the Maersk Oil-operated Flyndre field which straddles the UK and Norwegian North Sea.
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.