North Sea offshore workers back strike action in row over rota changes
Offshore workers in the North Sea have voted for industrial action amid a dispute over planned changes to shift patterns.
North Sea
Centrica hints at reducing ‘exposure’ to Spirit Energy
Energy supplier Centrica has said it wants to “limit exposure” to its oil and gas subsidiary Spirit Energy.
Contractor pay changes could retain North Sea skills, say AGCC
Incoming changes to contractor rules could help retain skilled workers in the North Sea, the Aberdeen and Grampian Chamber of Commerce (AGCC) has said.
North Sea operations drive profit surge for Hibiscus
Hibiscus Petroleum has largely attributed a surge in profits to its North Sea operations.
OGA’s Data Repository being piloted ahead of public launch
A new scheme to rekindle activity in the North Sea is being phased in to the industry today.
WorleyParsons hails impact of Aberdeen business
Australian energy service firm WorleyParsons said today that revenues were “flowing” from its recently acquired Aberdeen operation. WorleyParsons bought Amec Foster Wheeler’s oil and gas business following the latter’s acquisition by energy service giant Wood in 2017. The deal marked WorleyParsons’ entry to the UK North Sea market. Read more on Energy Voice here.
Law firms start investigating Bristow Group
A number of US law firms have announced investigations into Bristow Group on behalf of investors after the firm last week cast doubt on the validity of its finances.
John Lawrie Group announces £5m decommissioning base in Dundee
Aberdeen-headquartered John Lawrie Group has announced it will set up a £5 million decommissioning base at the Port of Dundee.
OGA ‘concerned’ about industry’s lack of diversity
The Oil and Gas Authority has highlighted concerns about a lack of diversity within the North Sea energy sector.
Guyana capital takes inspiration from north-east by twinning with Aberdeen
Until recently, Guyana was listed among the poorest countries in the Western Hemisphere and - though boasting a landmass larger than Scotland and England combined - home to a low-wage population of just 750,000 people.
US group casts doubt on validity of finances
The US company behind a North Sea helicopter operation employing 900 people has cast doubt on the validity of its own finances.
Bristow casts doubt on future, flags ‘weaknesses’ in financial reporting
The US firm behind a major North Sea helicopter operation has cast doubt on its own future.
Siemens signs deal to target stranded North Sea reserves
German tech giant Siemens has entered into a deal to recover stranded North Sea reserves through gas-to-wire (GTW) projects.
Tory donor Spencer to buy another chunk of Cluff
Entrepreneur and philanthropist Michael Spencer will further increase his stake in North Sea oil firm Cluff Natural Resources (CLNR). Mr Spencer, a multi-millionaire backer of the Conservative Party, has struck a deal to purchase 10.6 million shares from Algy Cluff, CLNR’s chairman, for 3.5p each. >> To read more on Energy Voice, click here <<
Perenco mulls sale of southern North Sea fields
Anglo-French oil company Perenco is considering selling some of its southern North Sea gas fields.
‘Delight’ for north after government turns the tide on a £10m marine energy scheme
The Scottish Government is set to turn the tide on a previously defunct £10 million marine energy scheme.
Shell agrees farm-in to Cluff North Sea licence
Cluff Natural Resources (CLNR) has announced it will farm-out a southern North Sea licence to Shell, with the possibility of an agreement on a second.
Aberdeen International Airport boss hopes to attract leisure routes
The new boss of Aberdeen International Airport (AIA) aims to woo airlines with the Granite City’s “new proposition”.
Subsea sector must end ‘master and servant mindset’
The UK’s £7.5 billion subsea sector needs to shed its “master and servant mindset”, an industry veteran said yesterday.
Record production sends profits up 40% at Equinor
Record production and higher oil and gas prices steered Equinor to a 40% increase in profits last year.
Changing of the guard bodes well for UK oilfield services sector, EY says
The North Sea’s “changing of the guard” will boost an oilfield services (OFS) sector creaking under the weight of sustained pricing pressures, a new report said.
Swimmers take to the sea to raise money and awareness of the Tarlair pool site
A group of swimmers plunged into the icy depths of the North Sea as part of a campaign to rejuvenate a disused outdoor pool.
North Sea can deliver £110bn bonanza for UK: Ambitious deal ‘crucial’ to protect oil industry
An “ambitious” oil and gas sector deal will be crucial to protect the north-east’s status as a global energy powerhouse, a new report said.
Private equity is ‘force for good’, says Verus boss
The oil and gas industry needs to ditch negative perceptions of private equity (PE) and get to grips with reality, a top North Sea executive said.
Shell targeting growth in North Sea business
Shell remains firmly focused on beefing up its UK North Sea business in spite of recent oil price volatility, the energy giant’s boss said yesterday.
Bristow Helicopters provides MS centre funding
A North Sea helicopter giant has flown to the aid of a local neurological disease charity.
Ineos ‘no longer in discussions’ with Conoco for North Sea fields
Petrochemicals giant Ineos has confirmed that it is “no longer in discussions” with ConocoPhillips for a number of North Sea assets.
Cnooc makes 250m barrel oil discovery at Glengorm
Chinese oil company Cnooc today announced a new discovery in the UK central North Sea.
Aberdeen energy service firm wins exporter prize
Energy service giant Wood has won an award for its commitnent to exporting engineering expertise to China.
North Sea ship company to shed 150 jobs
Offshore vessel owner Prosafe has revealed it will shed up to 150 jobs through voluntary redundancy in a effort cut operating costs.
Oil firms committed to covering their share of decom costs
Oil companies will pay their fair share of the multi-billion pound UK North Sea decommissioning bill, a trade body has said.
Offshore worker dies after falling into North Sea
An offshore worker has died after falling into the North Sea.