Energy services firm McDermott fell to a loss of £60.3m in the start of 2019 amid a series of restructuring and transactional costs.
Oceaneering International has won a contract for work on the Tyra redevelopment project in the Danish North Sea.
Energy service giant Wood has clinched a new four-year contract with Total for the Tyra redevelopment project off Denmark.
Operating in some of the world’s most remote locations and under the harshest of conditions including rough seas and extreme temperatures, technologies for oil and gas applications need to meet incredibly high standards.
Oil service company McDermott said an uplift in activity in the Middle East was behind its “exceptional” results in 2017.
Maersk Oil said today that project partners had taken a final investment decision on the £2.5billion Tyra gas field in the North Sea.
Norwegian firm DNV GL has won a contract to provide verification services for Maersk Oil's Tyra field redevelopment in the Danish North Sea.
Denmark's largest gas field need to be redeveloped if it is going to continue producing safely into the next decade.
Maersk Oil today confirmed it would cease production on its North Sea Trya field.
Maersk Oil said today that production from the Tyra field was likely to cease in 2018 as efforts to find an “economically viable solution” for full recovery had not been found.
Maersk Oil today confirmed it would shut down production from its Tyra East and Tyra West assets in the Danish North Sea if it couldn’t find a better economic case for the sites.
This stunning aerial footage shows the Tyra East platform - home to Denmark's largest gas field. The Tyra platforms in the North Sea form the export centre for all gas produced in the Danish Underground Consortium.