A trade union boss has hailed the progress made by the oil and gas industry in its quest to create a new collective deal covering thousands of North Sea workers.
A new deal covering thousands of North Sea workers could include a “rate adjustment mechanism” linking pay with oil and gas prices, a key figure behind the talks said.
Trade body Oil and Gas UK has announced the shortlist for this year’s instalment of its prestigious OGUK Awards.
Baker Hughes has shed thousands of jobs in response to the downturn, cutting headcount by 15% so far this year.
Efforts to create a new collective agreement for North Sea workers are understood to be “proceeding”.
More than 20 North Sea oil industry big hitters are rallying behind a new collective deal for workers ahead of a critical deadline this week.
Aberdeen Renewable Energy Group (Areg) has grown its membership over the past 12 months, with sign-ups coming from leading companies within the renewables sector, renowned industry bodies and energy companies who are placing an increased focus on clean energy.
Potential pitfalls await those unprepared for the push towards diversification from conventional energy writes Gregory Brown, Maritime Strategies International.
Wood has secured a $75million (£58.2m) contract with Equinor for its Mariner field, supporting around 100 jobs.
Two oil and gas chiefs have been recognised for their contributions to industry in the Queen’s Birthday 2020 Honours List.
Energy service giant Wood, of Aberdeen, has extended its revolving credit facility to May 2023.
Stewart Milne vividly remembers the impact which the discovery of the Forties Field in the North Sea had on the region when he and his generation grew up.
World leaders were due to convene in Glasgow for the UN Climate Conference (COP26) in November for what was anticipated to be a transformational moment in the energy transition.
Sir Ian Wood has said diversifying into areas out of oil and gas is “absolutely what companies should be doing”.
Equinor and partners have made a final investment decision to develop the 200-million-barrel Breidablikk field in the Norwegian North Sea.
Silicon Valley businessman Tom Siebel urged business leaders to “drive not delegate the digital transformation”, in his keynote address to delegates at ENGenious Online.
Wood, of Aberdeen, is teaming up with gas distribution network company SGN to create a "decarbonisation roadmap" for the north-east and east coast of Scotland.
A proposed new North Sea collective bargaining agreement will level the playing field for service companies and give workers more protection during turbulent times, industry chiefs said.
Energy service firm Wood, of Aberdeen, has clinched a £32.5 million deal to upgrade the Kollsnes gas processing plant in Norway
Energy firms BP, Wood and Subsea 7 are among six new companies joining a coalition to improve gender diversity and inclusion across the industry.
A Scottish energy transition group has applied for funding in an effort to push on with plans to decarbonise swathes of industry north of the border.
One of the top bosses at energy giant Wood has called on the oil and gas industry to help remove the “peaks and troughs” experienced by the beleaguered supply chain.
Extraordinary times call for extraordinary solutions. In response to the travel constraints in Europe, BGS Group, the organizer of PRC Europe 2020, has announced the launch of a new virtual platform - BGS online.
The boss of Wood expects more “turbulence” ahead for markets served by the global engineering and consultancy.
Energy service firm Wood has reduced its headcount by around 10,000 since the start of 2020 due to divestments and its response to the Covid-19 pandemic and lower oil prices.