Aberdeenshire’s Motive Offshore acquires Aquatic from Acteon Group
Aberdeenshire offshore energy equipment firm Motive Offshore has acquired fellow Scottish firm Aquatic from Acteon Group.
Banff
NHV wins helicopter contract for Buchan decommissioning
Helicopter operator NHV has been awarded the contract for decommissioning work at the Repsol Sinopec Buchan field.
Ithaca and CNR prepping subsea decom contracts for New Year
A pair of North Sea firms are preparing belated Christmas presents for the supply chain, in the form of decommissioning contracts.
UK winning majority of onshore decommissioning work, figures reveal
The majority of UK North Sea assets are being dismantled in Britain, new figures have revealed amid concerns of overseas yards winning decommissioning work.
Well-Safe Solutions bags second decom contract in less than a month
Well-Safe Solutions has bagged a second decommissioning contract for the Well-Safe Guardian in less that a month.
Cluster of North Sea decommissioning contracts on the way
A raft of North Sea decommissioning contracts are on the way from operators including Harbour Energy, Eni, CNOOC, Taqa and more.
CNR International seeks contractor partner for mass North Sea decommissioning campaign
CNR International is planning a mass decommissioning campaign for nearly half of its North Sea wells by 2025, and is seeking contractors to partner on the scheme.
Canadian Natural Resources swings to profit in Q3
Canadian Natural Resources has swung to profits of £244million in the third quarter after posting heavy losses earlier in the year due to Covid.
CNR falls to loss of £1.14bn, Banff field reaches end of the line
Canadian Natural Resources (CNR) recorded pre-tax losses of £1.14 billion in the first six months of 2020 on the back of lower prices.
Teekay denies making redundancies call on North Sea vessel
Teekay Offshore has denied claims it told dozens of workers on a North Sea production vessel that they were being made redundant.
CNR extends contract with Teekay for Banff FPSO
Teekay has inked a one year contract extension with Canadian Natural Resources to keep one of its FPSO's on the Banff field in the North Sea.
Motive Offshore targetting growth after multimillion-pound investment
North-east firm Motive Offshore said yesterday it was targeting “ambitious” growth after a multimillion-pound private equity investment.
Banff FPSO resumes production after storm damage in North Sea
CNR(CNR International) said work to re-tension the Petrojarl Banff’s anchor lines has been completed.