Fugro Aberdeen wins ROV deal for work on Well-Safe Guardian
Dutch multinational Fugro has announced a deal to provide remotely operated vehicle (ROV) services to an offshore well decommissioning firm.
Sturgeon says she will consider action to help oil industry amid pandemic
Nicola Sturgeon pledged to discuss extra support for the North Sea oil industry but failed to outline specific measures when asked about the impact of the plummeting oil price.
Wood to make almost 70 staff reductions across UK onshore business
Aberdeen-headquartered energy services firm Wood has confirmed that it plans to make almost 70 staff redundant across its UK onshore business.
Highland wind farm trust partners up to produce PPE for local medical services
A community-owned wind farm charity has partnered with a local college to produce personal protective equipment (PPE) for local medical services.
Trump pledges funds for US oil industry to avert job cuts
President Donald Trump said his administration is working on a plan to make money available to the oil industry to prevent the loss of jobs after prices plunged below zero.
Thousands of households paid to use electricity during sunny weather
Thousands of households across Britain were paid to use electricity on Tuesday as sunny weather and fresh winds coupled with low demand.
Rever Offshore announces Southern North Sea deal with Perenco
Aberdeen-headquartered firm Rever Offshore has announced a double contract win with French oil and gas firm Perenco in the Southern North Sea.
Swift financial protection needed to weather storm that could impact North Sea ‘for years to come’ – OGUK
Struggling North Sea firms need swift and long-lasting financial protection to weather an oil price and Covid-19 storm that has the potential to impact the industry “for years to come”.
US oil plunges below zero for first time in unprecedented wipeout
Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more jaw-dropping than Monday’s collapse in a key segment of U.S. oil trading.
Neptune Energy to partner with Dutch firm on North Sea hydrogen project
Neptune Energy has announced it will partner with Dutch energy infrastructure firm, Gasunie, on the PosHYdon pilot, the world’s first offshore green hydrogen project.
Moray East offshore wind project ‘on track’ despite Covid-19 delays, director claims
Delays to onshore work should not affect the schedule of Scotland’s largest planned offshore wind farm and will be “full steam ahead” after Covid-19 restrictions lift, according to the project boss.
Sparrows furloughs hundreds of workers, axes others
A number of workers for an Aberdeen-headquartered oilfield equipment firm have been terminated following the company’s decision to furlough hundreds of staff.
Total delays Prosafe contract at Elgin field due to ‘unprecedented challenge’
French oil giant Total has delayed a contract due to be led by vessel-owner Prosafe at its Elgin field in the North Sea.
Resilience package ‘in the works’ for North Sea sector to alleviate Covid-19 woes, OGUK boss says
A resilience package for the North Sea oil and gas sector is “under construction” to combat both Covid-19 and oil price-related concerns, according to an Oil and Gas UK (OGUK) director.
Messaging clear over North Sea Covid-19 testing protocol but ‘takes time’, OGUK director says
An oil and gas representative body said it has been “very clear” on the messaging over Covid-19 offshore testing, but that it “takes time” after one oil major sent workers offshore prior to receiving their results.
Power to the people: Workers keep turbines spinning at Scotland’s largest wind farm during ‘unprecedented times’
While the Covid-19 pandemic has ground most of society to a crushing halt, Scotland’s essential services, supermarkets and homes still require abundant electricity.
North-east decarbonisation projects win government cash boost
Two north-east decarbonisation projects have managed to secure significant UK Government funding to further their work on CO2 reduction programmes.
‘Large majority’ of future renewables projects could be in Scotland, analysts suggest
A "large majority" of future renewable energy projects could be based in Scotland, according to analysts for a energy research firm.
Losses deepen for Cluff Natural Resources over 2019
Loses deepened for North Sea firm Cluff Natural Resources (CLNR) in 2019.
Spirit Energy plots redundancies and cost cuts to combat ‘extraordinary industry challenges’
Spirit Energy is to look at staff redundancies and cost cutting measures in an attempt to stem the tide of “extraordinary industry challenges” currently facing the oil and gas sector.
North Sea protective gear providers shift focus to supply essential PPE to NHS staff
A number of companies more commonly known for supplying personal protective equipment (PPE) to the North Sea oil and gas sector have shifted their focus to provide much needed face masks, visors and respirators for key UK NHS staff fighting the Covid-19 outbreak.
Oil holds close to 18-year low despite new output cuts
Oil was anchored near $20 a barrel after closing at an 18-year low as concerns over virus-led demand destruction outweigh an agreement by the world’s biggest producers to curb supply.
Pain of crude crash impacts Russia as OPEC prepares to cut output
The Kremlin may have succeeded in ending its oil war with Saudi Arabia, yet the pain of crude’s crash is only just starting to hit Russia’s budget.
BP under fire for sending coronavirus-tested workers offshore without results
Oil giant BP has come under fire for flying workers offshore while the results of their coronavirus tests were still outstanding.
Hurricane Energy ‘very pleased’ with Lancaster performance so far in 2020
Bosses at North Sea operator Hurricane Energy have announced today that they are "very pleased" with the performance of the firm's Lancaster discovery for the first quarter of 2020.