Aberdeen firm Rig Control Products (RCP) said yesterday it had netted a £300,000 deal to supply a Singaporean company with oilfield equipment. RCP, which also has a base in Singapore, will also install the four pieces of integrated well control kit on rigs as part of the contract. The system is made up of a hydraulic console with a remotely-operated panel, which is used to operate and control dual choke valves, among other things.
Politicians and industry chiefs pledged to work alongside the newly-formed Offshore Co-ordinating Group (OCG) in its crusade to protect North Sea jobs. Energy Minister Fergus Ewing said was “absolutely imperative” for the Scottish Government to listen to trade unions. Mr Ewing said: “Just this morning, I was agreeing with Grahame Smith that one way the industry can increase efficiency is by listening very carefully to the workforce offshore.
Making sure operators do not bully supply chain companies is a vital part of the battle to safeguard the North Sea’s workforce, union bosses said yesterday. They were speaking at the launch of the Offshore Co-ordinating Group (OCG), an alliance of five trade unions which vowed to lead the fightback on job losses, pay cuts, safety and unilateral changes to terms and conditions for workers. It comprises Unite, RMT, GMB, Balpa and Nautilus, many of which have been embroiled in disputes with employers over these issues since the oil price collapsed.
Oil at $30 a barrel is blowing a hole in the insurance that U.S. shale drillers bought to protect themselves against a crash.
Weatherford has moved into a second consultation period over jobs from its UK operations.
Oil and gas companies can help secure a bright future for the north-east by making better use of its “world-beating” supply chain, Energy Minister Fergus Ewing said yesterday. Mr Ewing co-chairs the Oil and Gas Industry Leadership Group (ILG), which is targeting total sales from the domestic supply chain of £30billion by 2020, despite the oil price collapse. But he said operators were guilty of squandering talent which is right under their noses.
A fuel company has been fined £3 million after gas leaks on one of its platforms over three years ago. ConocoPhillips admitted safety failings at Lincoln Crown Court following two uncontrolled and one controlled gas release 70 miles off the Lincolnshire coast at the end of 2012.
Total today confirmed first gas from its flagship Laggan-Tormore project.
Total’s new UK managing director, Elisabeth Proust , said the firm’s £3.5billion West of Shetland investment was a much needed reminder that there was still everything to play for in UK energy sector – regardless of oil price.
Total today confirmed first gas from its flagship Laggan-Tormore project. Want to know how much it cost, which contractor was responsible for drilling and how many jobs it will create? Here's everything you need to know about the West of Shetland scheme.
A body tasked by the Scottish Government to oversee a strategic vision for the North Sea oil and gas industry has updated an initial report it produced in 2012.
A fire that erupted on an oil platform in the Gulf of Mexico killed two workers and injured eight.
Oil prices will stay low for as long as 10 years as Chinese economic growth slows and the U.S. shale industry acts as a cap on any rally, according to the world’s largest independent oil-trading house.
UK Oil and Gas (UKOG)today confirmed it had kick-started flow tests for its Horse Hill-1 oil discovery near Gatwick Airport.
Oil traded near $31 a barrel after Saudi Arabia and Venezuela met to discuss cooperating to stabilize the market and U.S. data signaled investors are split on the direction for prices.
Private equity firm Lime Rock has splurged £50million to launch a new North Sea company that specialises in both plugging and renewing old subsea wells.
As Scotland’s oil and gas sector faces the difficult road ahead, a refresh of the Industry Leadership Group (ILG) strategy gives us renewed hope and focus for the future.
Oscar nominated actor Mark Ruffalo has called on the Prime Minister to abandon fracking and leave fossil fuels in the ground.
Wind power provided almost half of Scotland’s entire energy needs last month, new research has shown.
Job cuts accelerated to a six-month high in the first month of the year as growth remained in “low gear”, according to a report.
Saudi Arabian Oil Minister Ali al-Naimi said he held “successful” talks with his Venezuelan counterpart about ways of cooperating to stabilize the crude market, without saying what steps producers should take to shore up prices.
Sterling Resources has been given one month to sell-up or find an investor.
The Oil and Gas Authority must be able to force companies to keep their pipelines and refineries open in the wake of low oil prices, according to Premier Oil's boss.
As U.S. natural gas prices collapse to 1990s-era lows, producers in four shale plays are cutting their losses.
Lawyers involved in an oil murder for hire case were forced to apologise to the judge after arguing outside the courtroom.