This week’s most read story on Energy Voice was the news Wood Group was in consultation with its staff over a number of positions.
The company said almost 100 jobs were at risk at the service giant.
A consultation has been launched with around 380 staff, with 80 workers expected to lose their jobs.
It is anticipated a further 12 roles will go in the company’s Wood Group Kenny subsidiary.
A spokeswoman for Wood Group said: “We constantly respond to market challenges. Wood Group is continuing to take a number of steps to help customers increase operating efficiency, safely improve performance from oil and gas assets and reduce their costs.
“All changes made and proposed are done so in consultation with employees and their health and welfare is our top priority.
The UK Government warned oil giant BP it would oppose any foreign takeover bids for the company.
Shell’s recent takeover of BG has heightened speculation that BP could be the next company to be caught up in a wave of mergers since the oil price decline.
According to reports, ExxonMobil could make a move for BP.
It is understood that Downing Street has met with BP representative and said it would prefer to have to global oil companies.
Westminster has told the oil company that it would also oppose any takeover bids by foreign companies.
Meanwhile Premier Oil suspended the drilling of the Isobel Deep wildcat off the Falkland Islands due to a problem detected with the BOP (Blowout Preventer).
The company’s partner Falkland Oil & Gas said following the successful setting of the casing at a depth of 1273.9metres, a problem had been detected, with the well being temporarily suspended.
The BOP has been brought to surface for inspection and repairs.
Repairs are expected to take between 10 and 14 days to repair and the rig will be utilised in the meantime to drill the top-hole sections and set the conductor on the Chatham or Jayne East locations.
Petrofac also announced it would be making reductions to its headcount this week, with a further 21 offshore positions and 100 onshore positions begin consulted on.
As previously revealed on Energy Voice, the company said it would be making 79 reductions following changes to staff required by EnQuest due to changes in shift patterns.
There is a new name in the UK North Sea oil and gas industry after French energy giant GDF Suez changed its name to ENGIE.
The rebranding was not trumpeted loudly by the Paris-based group on this side of the Channel but a major marketing campaign is under way in key markets, particularly France and Belgium.
Engie has no specific meaning in French – websites describe it as a girl’s name, a variant of Evangeline, of Latin and Greek origin a
Repairs are expected to take between 10 and 14 days to repair and the rig will be utilised in the meantime to drill the top-hole sections and set the conductor on the Chatham or Jayne East locations.
Petrofac also announced it would be making reductions to its headcount this week, with a further 21 offshore positions and 100 onshore positions begin consulted on.
As previously revealed on Energy Voice, the company said it would be making 79 reductions following changes to staff required by EnQuest due to changes in shift patterns.
There is a new name in the UK North Sea oil and gas industry after French energy giant GDF Suez changed its name to ENGIE.
The rebranding was not trumpeted loudly by the Paris-based group on this side of the Channel but a major marketing campaign is under way in key markets, particularly France and Belgium.
Engie has no specific meaning in French – websites describe it as a girl’s name, a variant of Evangeline, of Latin and Greek origin and derived for words translating as “good” and “news”.
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