Italian energy services firm Saipem said its outlook is “good” but the recent deterioration of the oil market sunk the company to a loss in the first quarter of the year.
The Italian government has expressed its support for Claudio Descalzi to remain in his post as CEO of Eni despite misgivings voiced from a number of sources.
BP will be bracing for a delay in the start-up of its third liquefied natural gas (LNG) train at the Tangguh LNG project in West Papua province, Indonesia, due to the Covid-19 pandemic.
EnQuest has revealed plans to temporarily leave a pair of 1,200-tonne oil storage tanks from its Thistle platform at the bottom of the North Sea after structural concerns forced their removal.
Some supply chain bosses may have come into 2020 hoping it would be the year when they finally get rewarded for surviving five years of low rates and cost-cutting.
Further jobs are set to go at Fife-based manufacturer Burntisland Fabrication (BiFab) as it emerged that a potential life-saving wind farm contract for the firm could be delayed.
New rules set out by the Scottish Government will impose strict supply chain commitments on developers looking to build giant offshore wind farm off the coast of Scotland.
French energy firm EDF Renewables has announced it has brought in a 'walking jack-up barge' to do North Sea survey work on its planned Neart Na Gaoithe (NnG) Offshore Wind Farm.
Nigeria LNG (NLNG) has taken the final investment decision (FID) on Train 7, the long-awaited expansion project that will take the project’s capacity to 30 million tonnes per year.
A bitter war of words has broken out as two Scottish trade unions have accused the Scottish Government of inaction over jobs at troubled firm Burntisland Fabrication (BiFab).
Anxious workers at Burntisland Fabrication (BiFab) have been “left in the dark” over their future despite a job-saving contract announcement last month, according to a Scottish trade union.
A new wind farm deal for Burntisland Fabrication (BiFab) could bring a Christmas jobs boost to workers at its Arnish yard, according to a source close to the firm.
Scottish manufacturing firm Burntisland Fabrication (BiFab) has been announced as a contractor on EDF's £2 billion Neart Na Gaoithe (NnG) offshore wind farm.
Saipem SpA is considering a combination with rival Subsea 7 SA to create a larger European oil services provider, people with knowledge of the matter said.
Italian oilfield services firm Saipem has won a subsea contract in Guyana, as well as additional work in regions including the North Sea, worth £684.6million.