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.
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 has warned that cash flow will take a major hit when the firm publishes its first quarter results next month.
A series of North Sea operators are working to remove cabin sharing offshore “wherever possible” in order to prevent the spread of the coronavirus.
Oil and gas giant BP is set to work with a shareholder activist group towards a climate resolution, it announced today.
A contractor who visited a major north-east gas plant has been confirmed as having coronavirus.
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 the response” to Scotland’s economic woes once a solution to the coronavirus outbreak has been found, a trade union has said.
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.
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 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 UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
Bristow Helicopters has used modified three former search and rescue (SAR) helicopters to bring North Sea workers suspected to have coronavirus to shore.
A trade union official has said the North Sea is firmly in the grip of coronavirus “fear” and lamented a perceived lack of leadership.
A worker who has shown symptoms of the coronavirus has been placed into quarantine on Shell’s Brent Charlie platform in the North Sea.
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.
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.
To understand the crisis engulfing the world’s largest oil companies, just look at their dividend yields.
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.
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.
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.
An Aberdeenshire oil worker under quarantine in China has said he “doesn’t know” when he will be able to return to the UK.
Oil and gas minnow Tailwind Energy is pressing ahead with a project to develop the Evelyn field in the central North Sea.
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.
A Shell worker has tested positive for coronavirus in Aberdeen as the number of cases across north-east Scotland has increased to six.