Curlew project ‘huge success’ for Dundee despite being halted, says decommissioning boss
Dundee will become the go-to hub for decommissioning work in the UK according to the man who has spearheaded the city’s move into the sector.
Shell
North Sea helicopter flights to reduce by up to 30% due to Covid-19 outbreak
North Sea helicopter flights are expected to reduce by up to 30% over the next two weeks due to the effect of the coronavirus outbreak.
Shell warns of major hit to cash flow from oil price plummet
Shell has warned that cash flow will take a major hit when the firm publishes its first quarter results next month.
North Sea operators move to reduce cabin sharing ‘wherever possible’
A series of North Sea operators are working to remove cabin sharing offshore “wherever possible” in order to prevent the spread of the coronavirus.
BP to work with shareholder activist group on climate resolution
Oil and gas giant BP is set to work with a shareholder activist group towards a climate resolution, it announced today.
Contractor tests positive for coronavirus after visiting St Fergus gas terminal
A contractor who visited a major north-east gas plant has been confirmed as having coronavirus.
Multiple Covid-19 cases quarantined on EnQuest Magnus platform
Oil and gas operator EnQuest is understood to have multiple suspected coronavirus cases on board a Northern North Sea platform.
North Sea oil and gas ‘must be part of economic response’ after Covid-19 outbreak, union warns
North Sea oil and gas “must be part of the response” to Scotland’s economic woes once a solution to the coronavirus outbreak has been found, a trade union has said.
Sector in survival mode could put energy transition ‘on back burner’, Woodmac warns
An oil and gas industry in “survival mode” could put plans to transition to a cleaner energy sector “on the back burner”, according to a top analyst.
MP Pension Fund too ‘heavily invested’ in North Sea oil and gas firms, campaign group claims
A multi-million pound MP pension fund is still too “heavily invested” in the oil and gas sector despite a significant reduction in financial backing, according to a cross-party campaign group.
Shell to halt share buybacks, reveals plans for spending cuts
Shell will curtail its share buyback programme and look for billions of pounds worth of savings in response to the oil price collapse.
More than a dozen North Sea projects face red light due to oil price plummet
More than a dozen UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
Pictures: Bristow brings three ‘corona copters’ into service for North Sea rigs
Bristow Helicopters has used modified three former search and rescue (SAR) helicopters to bring North Sea workers suspected to have coronavirus to shore.
North Sea ‘chaos’ as more suspected Covid-19 cases spring up
A trade union official has said the North Sea is firmly in the grip of coronavirus “fear” and lamented a perceived lack of leadership.
Worker quarantined on Shell’s Brent Charlie while BP flies a suspected coronavirus case to shore
A worker who has shown symptoms of the coronavirus has been placed into quarantine on Shell’s Brent Charlie platform in the North Sea.
New ‘corona copter’ service to remove virus cases from North Sea rigs
A group of North Sea operators have struck a deal with a helicopter operator to bring confirmed and suspected Covid-19 sufferers back to shore.
BP reviewing North Sea crew numbers in response to coronavirus outbreak
Energy giant BP has joined a list of operators working to reduce offshore crew numbers on its North Sea assets in response to the coronavirus outbreak.
Big Oil’s big crisis: Saving sacred dividends from collapse
To understand the crisis engulfing the world’s largest oil companies, just look at their dividend yields.
BP can cut spending by a fifth, CFO says
BP Plc said it can slash its spending by as much as 20% this year as the oil market goes into freefall, with some U.S. operations likely to get less investment.
Updated: Shell boss paid £8.7m last year, 87 times more than average UK employee
Shell chief executive Ben van Beurden’s total pay package was cut in half last year, but he still took home a whopping sum of almost £9 million.
Sabotage, flaring rise for Shell in Nigeria
Spills in Nigeria for Shell increased to 2,000 tonnes in 2019, from 157 sabotage incidents, the company has disclosed in its annual report. This was up from 1,600 tonnes from 111 incidents in 2018.
Aberdeenshire oil worker quarantined in China over coronavirus fears
An Aberdeenshire oil worker under quarantine in China has said he “doesn’t know” when he will be able to return to the UK.
Tailwind Energy goes after oil from Evelyn field
Oil and gas minnow Tailwind Energy is pressing ahead with a project to develop the Evelyn field in the central North Sea.
Pharos puts dividend on hold, pulls production guidance
Pharos Energy has set out plans to spend around $45 million in 2020 but has suspended production guidance from Egypt in response to the oil price pressures.
Shell Aberdeen worker tests positive for coronavirus
A Shell worker has tested positive for coronavirus in Aberdeen as the number of cases across north-east Scotland has increased to six.