Rockhopper Exploration says it is in its ‘strongest position for many years’ in the wake of a successful arbitration case against the Italian government, and a revamped plan for Sea Lion.
Harbour Energy’s intention to offload its stake in the controversial Falklands Islands project shows E&P companies’ increasing wariness of new and remote oil markets, according to GlobalData.
Trade unions have launched a survey seeking feedback from members on a “ground-breaking” collective bargaining agreement that would cover thousands of North Sea workers.
A trade union boss has hailed the progress made by the oil and gas industry in its quest to create a new collective deal covering thousands of North Sea workers.
A new deal covering thousands of North Sea workers could include a “rate adjustment mechanism” linking pay with oil and gas prices, a key figure behind the talks said.