North Sea strikes averted as Petrofac reaches pay deal with Unite
Strikes have been averted after Unite the union reached a pay deal with Petrofac covering around 100 North Sea workers.
Strikes have been averted after Unite the union reached a pay deal with Petrofac covering around 100 North Sea workers.
North Sea decommissioning is estimated at £46billion and the regulator recently warned that the industry may fall short of its cost cutting target. However, "groundbreaking” deals are emerging which could make significant headway.
Scores of Petrofac workers have voted in favour of strike action in an ongoing dispute over pay.
A mandatory vaccination policy being imposed by CNR International will likely prove difficult to enforce, according to leading employment experts.
CNR International has announced it will introduce mandatory vaccinations for North Sea workers.
Well-Safe Solutions has bagged a second decommissioning contract for the Well-Safe Guardian in less that a month.
The UK North Sea is likely heading for tighter supply of oil rigs as a flurry of deferred drilling contracts for next year come through, according to new analysis.
Oil and gas firm CNR International will ramp up share repurchases after taking heart from a strengthening of its balance sheet in the first half.
A raft of North Sea decommissioning contracts are on the way from operators including Harbour Energy, Eni, CNOOC, Taqa and more.
Canadian Natural Resources has removed nearly 90 workers in an evacuation of its Ninian Southern platform in the North Sea.
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.
An accident on the Espoir Ivoirien floating production, storage and offloading (FPSO) vessel, offshore Cote d’Ivoire, has caused two deaths.
Oil firm Decipher Energy hopes to sanction a project to “maximise the value” of the Orlando field in the northern North Sea early next year.
An EnQuest boss said today that treating some of its platforms like "Airbnbs" was helping the firm prepare a northern North Sea neighbour for up-manning.
Canadian Natural Resources has swung to profits of £244million in the third quarter after posting heavy losses earlier in the year due to Covid.
The Ninian Northern platform has been removed by Allseas’ Pioneering Spirit vessel in its final decommissioning job this year.
Taqa has the largest UK decommissioning bill of any North Sea operator this decade, according to Wood Mackenzie.
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.
A research group assessing man-made North Sea structures has been given a boost with the announcement of £5 million in new funding.
The Odjfell Deepsea Stavanger is on its way to South Africa, to drill more wells for Total.
Babcock helicopters took their first flight out of Shetland on Wednesday following a new five-year shared contract with three oil and gas operators.
North Sea oil and gas firm Canadian Natural Resources International (CNRI) has reported a swing in fortunes as it crashes to a significant loss in Q1 2020.
Around 200 North Sea workers have been evacuated with suspected Covid-19 symptoms over the last six weeks as the sector has attempted to manage the spread of the virus.
A worker who was airlifted from the Ninian Southern North Sea platform last week has tested positive for coronavirus.
Oil and gas operator EnQuest is understood to have multiple suspected coronavirus cases on board a Northern North Sea platform.