Caverton pilots arrested for coronavirus contraventions
Rivers State Governor Nyesom Wike has personally overseen the arrest of two pilots from Caverton Offshore Support Group for illegally moving people into the Nigerian state.
Insights
Texo Accommodation launches modular coronavirus solutions in UK
Texo Accommodation, part of Texo Group of companies, has launched a range of modular products to meet demand for increased safety and social distancing during the Coronavirus pandemic.
Employee safety ‘paramount’ after TechnipFMC confirms virus cases on North Sea vessel
TechnipFMC has said employee safety is of “paramount importance” after confirming a virus outbreak on board one of its North Sea vessels.
BP hits force majeure brakes at Tortue LNG
BP has declared force majeure on its Tortue LNG project with Golar LNG, saying it would not be ready to receive the floating unit in 2022 as a result of the coronavirus pandemic.
Worker airlifted from Ninian Southern platform tests positive for Covid-19
A worker who was airlifted from the Ninian Southern North Sea platform last week has tested positive for coronavirus.
SDX’s serendipitous capex timing
SDX Energy’s capital expenditure will fall to $24.7 million this year, while production is expected to be 66-72% higher than 2019.
Cnooc to cut worker numbers on North Sea helicopters to address Covid-19 social distancing
Oil and gas operator China National Offshore Oil Corporation (Cnooc) International is set to halve worker numbers travelling by helicopter to its North Sea assets in an attempt to socially distance staff and combat the spread of coronavirus offshore.
UK’s underwater engineering industry responds to the Covid-19 pandemic
The UK’s underwater engineering industry is exploring ways in which it can transfer its expertise to help support the national effort to tackle the coronavirus pandemic.
Deal reached to protect thousands of North Sea catering jobs
A deal has been reached which will protect the jobs of nearly 3,000 offshore caterers working in the UK North Sea.
Halliburton to ‘significantly reduce workforce’ says CEO
Oilfield services giant Halliburton will “significantly reduce” its workforce in the coming weeks, according to chief executive Jeff Miller.
IOG: Oil’s freefall shouldn’t mean ‘pit of lowest price bidding’ for North Sea
The North Sea should not run “into a pit of lowest price bidding” just because the supply chain is stressed with the oil price drop, according to the chief operating officer of Independent Oil and Gas (IOG).
Expect lenders to help indebted oil firms survive until ‘less rainy day’
A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.
Is long-term thinking the best way to address our current challenges?
The first quarter of 2020 was a salutary lesson in how quickly long-term trends can be disrupted by current events.
Forging the way ahead
I’ve been in the industry a good few years and experienced its ups and downs but the sheer pace of change we’re currently seeing throughout the UK calls upon every ounce of the skills, expertise and determination our world-class supply chain has to offer.
Valaris could make up to 600 workers redundant as rig contacts dry up
Drilling firm Valaris has informed staff it could make hundreds of redundancies as rig contracts have dried up due to the recent slump in oil prices.
Production shut down on North Sea FPSO as another worker airlifted
Production on a North Sea vessel has been shut down in response to the removal of a crew member with “flu-like symptoms”.
Update: Petrofac to furlough 200 north-east workers
Oilfield services firm Petrofac will put about 200 north-east staff members on furlough as part of its response to the Covid-19 outbreak.
BP worker on Clair Ridge tests positive for coronavirus following evacuation
A worker on BP's Clair Ridge project has tested positive for coronavirus.
Taqa confirms a further seven suspected Covid-19 cases on North Sea platform
Oil and gas operator Taqa has confirmed a further seven suspected cases of coronavirus on a North Sea platform - taking the firm's total to 20 across two assets.
Fugro announces ‘painful’ job cuts but ‘too soon to say’ for UK workforce
Dutch marine services firm Fugro has announced it is taking a series of “painful measures” in response to the Covid-19 outbreak, including job cuts.
RockRose growth prospects ‘undimmed’, Brae transfer gets under way
RockRose Energy’s boss today insisted the firm’s growth prospects were “undimmed” by the slump in crude prices.
Firm’s call for employees to return to work blasted
A call for staff to return to work at a Dundee-based engineering firm after being sent home amid the Covid-19 pandemic has been branded “irresponsible” amid claims it is putting lives at risk.
Can Aberdeen dodge another bullet?
At the time of writing the oil price has slipped below $30 and I’ve already begun hearing of potential job losses, real job losses and project delays.
Saudi, Russia rift widens
US President Donald Trump’s call for a 10 million barrel per day – or even 15mn bpd – cut drove up oil prices last week but weak demand continues to run the show, with little respite expected from talks due to take place this week.
Mitsubishi – Enabling greater use of renewables
Hydrogen is building momentum as a key energy carrier in the global effort to reach net-zero CO₂ emissions by 2050.