Ithaca Energy plans redundancies by end of 2020, CEO confirms
North Sea operator Ithaca Energy intends to make redundancies from its onshore workforce by the end of 2020, its chief executive has confirmed.
Chevron North Sea
Marischal Square defies critics at 75% occupancy
The multiaward-winning Marischal Square developmentin Aberdeen is 75% let just over two years after construction work ended for the £107 million project.
Chevron North Sea remnant moving into new Aberdeen office
US oil major Chevron plans to relocate its remaining Aberdeen employees to a prominent Granite City office block.
Petrofac announces £93m new deals in North Sea and Malaysia, buys Texas energy services firm
Petrofac has announced new contracts and extensions in the North Sea and Malaysia worth £93m, as well as an acquisition marking its entry to the US onshore services market.
Ithaca launches £550m note offering as part of Chevron purchase
Aberdeen-headquartered Ithaca Energy has announced it is set to launched a debt finance offering of £558 million in senior notes in an effort to realise its acquisition of Chevron's North Sea business.
Buyer of Chevron’s Rosebank stake ‘will need deep pockets’, says Woodmac
Any buyer of Chevron's North Sea Rosebank stake will "need to have very deep pockets", according to a Wood Mackenzie (Woodmac) research chief.
HydraWell wins three year P&A contract with Chevron North Sea
HydraWell has signed a three-year contract with Chevron for plugging and abandoning (P&A) wells in the UK North Sea.
Oil and gas challenges to see winning STEM solutions from Aberdeenshire students
Techfest’s STEM in the Pipeline 2017 competition will bring in students from Aberdeen City and Shire schools to solve the challenges currently facing the oil and gas sector.
Chevron axes contract with Transocean early
Offshore vessel contracted Transocean said it would receive a fee of $148million after Chevron opted to terminate a rig contract early.
Industry welcomes watchdog’s collaboration tool
A tool developed with industry to help North Sea oil and gas companies meet new, legal requirements for collaboration has been launched by the Oil and Gas Authority (OGA).
Deadly gas detected on North Sea platform
Chevron North Sea’s Alba Northern platform was shut down after “low levels” of a potentially-deadly gas were detected.