Siccar Point delays approval for flagship Cambo field in West of Shetland
Siccar Point Energy has announced it will defer approval of its highly-anticipated Cambo development until the second half of next year due to the coronavirus outbreak.
Coronavirus
Virus looks set to delay BP’s Tangguh LNG expansion
BP will be bracing for a delay in the start-up of its third liquefied natural gas (LNG) train at the Tangguh LNG project in West Papua province, Indonesia, due to the Covid-19 pandemic.
North Sea operators move to reduce cabin sharing ‘wherever possible’
A series of North Sea operators are working to remove cabin sharing offshore “wherever possible” in order to prevent the spread of the coronavirus.
Aberdeen Airpark to close permanently after 17 years due to coronavirus impact
A family-run Aberdeen business is facing closure this week due to the effects of the coronavirus on air travel.
Apache calls in bank guarantees of £530m to cover North Sea decommissioning after S&P downgrades credit rating
Apache has confirmed it will call in letters of credit of £531million to guarantee it will pay off decommissioning obligations in the UK North Sea.
Volatile Pound causes hedging headache for virus-stricken firms
The pound’s wild fluctuations are causing more distress for businesses already struggling under an unprecedented lockdown of the U.K. economy.
Worker quarantined on Chrysaor’s Britannia platform
An offshore worker has been put into quarantine on a North Sea platform operated by Chrysaor.
BP reassessing 2020 AGM as venue being converted into coronavirus hospital
BP is reassessing the “chosen venue” for its 2020 Annual General Meeting as the planned site is being converted into a coronavirus field hospital.
‘Life and death situation’ as worker confirmed with virus at Hurricane’s Lancaster field
A “seriously ill” offshore worker has contracted coronavirus and been airlifted to hospital from Hurricane Energy’s Lancaster field in the West of Shetland.
Cairn Energy announces ‘significant reductions’ to North Sea 2020 plans
Scottish operator Cairn Energy has announced "significant reductions" to its capital expenditure across its North Sea producing assets.
‘They’ve got to put food on the table’ – concern offshore workers could flout coronavirus advice
A union boss has stepped up calls for a support package for offshore workers amid concerns some may flout coronavirus advice in order to provide for their families.
Covid-19: Not everyone’s working from home
The burden of the COVID-19 pandemic weighs heavily on us all.
Despite Woodside cuts, Sangomar continues
Woodside Petroleum has slashed its spending this year by 50%, to around $2.4 billion, but Senegal’s Sangomar development should progress as planned.
KCA Deutag says ability to operate ‘very complex’ amid price slump
Drilling contractor KCA Deutag said its ability to operate had become “very complex” due to the recent crude price slump and Covid-19 outbreak.
Foundation Scotland ‘in conversation’ with wind farm funds over Covid-19 relief
A Scottish administrator has said it is “in conversation” with a number of wind farm funds about providing coronavirus relief.
Blockade keeps pressure on NOC revenues
Libya’s National Oil Corp. (NOC) has reported revenues of $555 million in February, down 68.6% from January’s $1.21 billion.
Vaalco nears rig release
Gabon-focused Vaalco Energy has completed the South East Etame 4H well at 2,200 barrels per day of oil.
Subsea 7 worker trapped in Ghana due to Covid-19 left in ‘dangerous situation’
An offshore worker trapped in Ghana has accused bosses of placing him in a “dangerous situation” and not acting quickly enough to get him home to his disabled son.
More than a million oilfield services jobs will ‘likely be cut’, Rystad warns
More than a million oilfield services (OFS) jobs globally "will likely be cut" as the industry grapples with the oil price war and the effects of the coronavirus, according to Rystad Energy.
No ‘adverse impact’ on North Sea operations due to Covid-19, RockRose boss says
RockRose Energy hasn't experienced any "adverse impact" on its North Sea operations due to the Covid-19 outbreak, according to the firm's boss.
Offshore unions call for OGUK to use hotel rooms to isolate suspected Covid-19 cases
Hotel rooms should be used to isolate suspected coronavirus infected workers returning from offshore platforms, according to Scottish trade unions.
RMT Union and MP Carmichael call for government action on ‘ignored’ offshore workers
Offshore union RMT has claimed the government is “ignoring” oil and gas workers during the “national crisis” of the coronavirus outbreak, and written to the Chancellor for action.
Contractor tests positive for coronavirus after visiting St Fergus gas terminal
A contractor who visited a major north-east gas plant has been confirmed as having coronavirus.
EnQuest delays financial results over coronavirus
EnQuest is to delay publication of its full year financial results due to the coronavirus.
FAR under strain with Sangomar financing
Australia’s FAR has temporarily suspended plans for drilling offshore The Gambia, in response to the coronavirus pandemic, while the oil price crash has made talks on securing debt for Senegal’s Sangomar development harder.