Analysts have said it “could be the end of the line” for Aberdeen-headquartered Awilco Drilling after the firm agreed to offload the remains of its fleet.
Well-Safe Solutions adding 100 jobs after agreeing £12.4m deal to buy WilPhoenix from Awilco Drilling
Dozens of roles are to be added to Well-Safe Solutions after the company struck a multi-million pound deal to buy a semi-submersible rig.
A North Sea platform has been dropped off in the Netherlands ahead of being broken up.
It is our responsibility to foster the interest and enthusiasm in young people for a career that will continue to sustain our industry with the skilled workforce it will need in the decades to come.”
4C Global Consultancy is looking to expand its international footprint following a “transformational year” in which it bagged a host of new contracts.
Offshore Helicopter Services, the new name for the former Babcock Aberdeen business, has landed a new North Sea contract with Well-Safe Solutions.
Well-Safe Solutions has hailed a “landmark” moment for the company, with footage of its Well-Safe Guardian rig heading off for its first UK contract.
First Marine Solutions (FMS) has announced the award of a seven-figure consultancy contract to support Well-Safe Solutions with the Buchan and Hannay decommissioning campaign.
North Sea decommissioning is estimated at £46billion and the regulator recently warned that the industry may fall short of its cost cutting target. However, "groundbreaking” deals are emerging which could make significant headway.
Well-Safe Solutions has bagged a second decommissioning contract for the Well-Safe Guardian in less that a month.
Well-Safe Solutions has landed a “groundbreaking” decommissioning campaign contract with Repsol Sinopec in the UK North Sea.
Celebrity chef Nick Nairn is making a trip offshore to showcase his cooking skills to the crew of a North Sea oil rig.
Well-Safe Solutions bosses have said higher oil prices, an easing of the pandemic and careful management of the firm’s cost base have positioned it to take advantage of an upturn in decommissioning activity.
A North Sea oil rig has played a role in bringing Marvel’s new movie Black Widow to life.
Heerema, owner of the world’s largest offshore crane vessels, has said squeezed prices have made a “very difficult business case” for the decommissioning market.
A pulsating task filmed on an oil rig in the Highlands for a hardcore reality TV series will hit the small screen soon.
Orca Oceanic Systems has opened a new base at the site of the mothballed manufacturer Burntisland Fabrication (Bi-Fab) thanks to a contract win with Well-Safe Solutions.
Serial entrepreneur Mark Patterson is preparing to launch a "major fundraising exercise" for his new mobile green battery business.
The newly-refurbished Well-Safe Protector rig has arrived at Invergordon to get it ready for work in the decommissioning market.
The offshore oil and gas sector is “ripe” for emerging new decommissioning models, however analysts BCG said they “strongly doubt” some will survive.
Serial entrepreneur Mark Patterson has recruited sons Harry and Philip into a fledgling family firm focused on low carbon and support for distressed businesses.
Oil and gas decommissioning firm Well-Safe Solutions has secured a £26 million investment to fund the next phase of its growth plan.
Well-Safe Solutions has welcomed its newly-acquired Well-Safe Protector rig to a yard in Norway ahead of its move to the UK.
Oil and gas decommissioning firm Well-Safe Solutions has acquired a second rig in a move it claims will spark the creation of about 100 new jobs.
An RNLI crew was called out to rescue two people who became “stranded” on the anchor chain of a Cromarty Firth oil rig on Friday evening.