HSE blasts Diamond for poor procedures ahead of incident at BP field
The Ocean GreatWhite rig was working for BP in the West of Shetland when the incident took place
Oil & Gas
40 jobs created as Wood lands deal to decarbonise TotalEnergies’ Elgin-Franklin
Wood (LON: WG) has landed work to decarbonise oil major TotalEnergies’ Elgin-Franklin platform in the North Sea, creating 40 jobs.
New Well-Safe Solutions CCO looks to double rig count
Well-Safe currently runs three rigs - but Christopher Hay will be looking to "try and double that within the next five years".
Sureclean launches new oil spill response division
Industrial cleaning specialists Sureclean has launched Sureresponse, a dedicated environmental response division to help clean up oil spills.
Integrity HSE hires Maersk Training boss on road to double revenue
Integrity HSE has hired the UK general manager of Maersk Training as it bids to double revenues in its second year of business.
OKEA submits Bestla development plan
Norwegian oil company OKEA has submitted the plan for development and operation (PDO) for the Bestla oil and gas field in Norway’s North Sea.
Perenco hit by record £225,000 NSTA fine for gas venting
The North Sea Transition Authority (NSTA) has fined Perenco £225,000, the highest ever financial penalty handed out by the body, over excess gas venting.
Deltic struggles with Pensacola farm-out as it blames windfall tax
Deltic Energy (AIM: DELT) has given an update on its Pensacola farm-out process, saying it has struggled to find someone to put up cash amid UK fiscal uncertainty.
Dolphin Drilling to chase $42.6m payment as its rig moves on
Aberdeen’s Dolphin Drilling has cancelled a contract with General Hydrocarbons Limited as it expects to lose out on $42.6 million.
Update: ‘Breakup’ of parts of Petrofac ‘seems likely’ as firm suspends trading shares over debt woes
Analysts have warned that debt-laden Petrofac (LON: PFC) could sell off non-core assets as the company looks for fresh capital to service its debts.
Exxon traders rejecting london move face job cuts, unions say
Some traders working for Exxon Mobil are set to lose their jobs because they don’t want to move from Brussels to London, according to a statement from its unions.
Wood appoints chief strategy officer
Aberdeen-based Wood (LON:WG) has appointed Jennifer Richmond to the newly created role of chief strategy officer (CSO).
Update: Petrofac shares collapse on debt warning
Shares in Petrofac (LON: PFC) have declined by more than 30% since markets opened today as the company struggles with its debt load.
North Sea redevelopments ‘on the rise’, but which projects are seeing success?
Brent and Skua are seeing new life through Shell's Penguins and BP's Murlach redevelopments while doubts are cast on other redevelopments.
Scottish Government accused of ‘dodgy sums’ as green freeports fall short of jobs promises
The Scottish Government has been accused of “dodgy sums” as two green freeport schemes are set to deliver tens of thousands fewer jobs than were initially promised.
TotalEnergies’ profit drops less than expected on strong oil
TotalEnergies SE (LON:TTE) reported a smaller-than-expected drop in first-quarter profit as a resilient oil market partly offset lower gas prices.
New LNG tank at Isle of Grain clears way for more Qatari supplies
A project that will expand UK gas storage next year has been touted as a boon for Europe’s energy security. It’s also a substantial win for the small Gulf nation of Qatar.
UK competition watchdog launches inquiry into oil and gas seismic merger
The merging of seismic firms PGS and TGS hangs on UK competition watchdog approval after Norway gave the green light.
Danish helicopter operator Uni-Fly expands into offshore oil and gas flights
Danish helicopter firm Uni-Fly appears to be further expanding into offshore oil and gas operations with AW169 contracts in Spain and the Southern North Sea.
‘We see an opportunity’: Reach Subsea plans Aberdeen jobs surge
Reach Subsea is planning to double headcount and launch a new base in Aberdeen by the end of the year, operating as a hub for UK and international operations.
TotalEnergies CEO says Namibia could be next Guyana
Namibia’s oil potential could one day match Guyana, where big discoveries have sparked an economic transformation and set the world’s biggest companies jostling for position.
Workers at Shetland’s Sullom Voe terminal set for strike action
Unite said if strike action takes place it will cause "widespread disruption" at one of Scotland's key oil and gas terminals.
Wintershall aims to appoint new leadership following Harbour takeover
Following government approval of Harbour Energy’s $11.2bn takeover of Wintershall Dea, the German energy firm looks to appoint a new chairman.
Equinor Q1 results beat forecasts thanks to production growth
Equinor (OSLO: EQNR) has beaten forecasts to deliver higher than expected first-quarter results, boosted in part by higher production thanks to its stake in the UK’s Buzzard field.
Repsol told to clean up its act on Arbroath platform toilet
Repsol has been told to clean up its act over poor toilet facilities on its Arbroath platform which have been “in desperate need of replacing” since 2020.