CNOOC North Sea offshore workers accept increased pay offer
Offshore workers on CNOOC installations in the North Sea have accepted an increased pay deal following a union recognition agreement.
Offshore workers on CNOOC installations in the North Sea have accepted an increased pay deal following a union recognition agreement.
Australian operator Finder Energy (ASX:FDR) has outlined its plans for two licences it received in the latest tranche of the 33rd licensing round.
With Suncor (NYSE: SU) and ONE-Dyas looking to sell off their UK portfolios, analyst firm Welligence has suggested the Buzzard hub may be an "appealing proposition" for a raft of key buyers.
Chinese state-owned oil firm Cnooc is cracking on with plans to electrify one of its key North Sea assets.
New proposals would see the two develop the Green Volt offshore wind farm – the world’s largest floating wind array – to provide power to the Buzzard field and the National Grid.
Production has kicked off at a major project designed to extend the life of one of the North Sea’s largest producing fields.
Danish firm Maersk Drilling has announced the agreement of a 100-day extension deal for the Maersk Innovator to continue drilling the Buzzard field.
Suncor Energy said production from the fields off Canada’s east coast helped the firm increase output in the first quarter of 2017.
Output in Britain’s manufacturing sector unexpectedly slumped in October, as a sharp drop in pharmaceutical production dragged on the industry.