Pilots' union BALPA said it was entering "new territory", as it met with representatives of helicopter operator CHC after the group's announcement that it was filling for Chapter 11 bankruptcy protection.
Harkand Group, the oilfield services and inspection repair and maintenance (IRM) company has gone bust with the loss of 171 jobs in London and Aberdeen.
Oil spill response specialist Briggs has secured a five-year contract from BP to act as its oil spill lead across the Forties Pipeline System (FPS) and to provide response services in the north of Scotland.
Repsol, the worst-performing major European oil stock over the past year, beat analysts’ estimates as the performance at the refining and chemicals division compensated for low oil prices.
Petrochemical giant Ineos has “fired the starting gun” on its fracking programme by pressing ahead with plans to lodge test drilling applications by the end of the year.
A fire fueled by shifting winds that forced more than 80,000 people to flee their homes and disrupted oil-sands operations in Western Canada is poised to expand.
Airbus Helicopters, the manufacturer of the EC-225LP helicopter that crashed in Norway last week, killing all 13 people on board, has sent an advisory to all customers using the same Airbus model to inspect the suspension bars and fittings of the main rotor.
Scientists from the University of Aberdeen heading for the North Atlantic to test a pioneering piece of research equipment that they believe will help improve how deep ocean ecosystems function and respond to a major oil spill.
Xodus Group has been awarded a framework agreement by Lundin Norway to provide engineering studies and verification services for its developments on the Norwegian Continental Shelf.
Maersk Oil reported a net operating loss after tax of $29 million in the first quarter, compared with a profit by the same measure of $208 million a year earlier.
Shell's finance chief has refused to rule out further job losses in the North Sea as the oil giant announced its earnings had dropped by $4billion dollars in the first quarter of 2016.
Up to 80,000 residents are being told to evacuated the entire city of Fort McMurray, Alberta, under a mandatory evacuation order because of an uncontrolled wildfire that is rapidly spreading.