Video: Oil workers deliver Christmas presents in the North Sea
An offshore worker has captured life offshore on Christmas day.
North Sea
ONS says North Sea oil helps boost overall industrial production
A rise in oil production from the UKCS has helped to increase overall industrial production, according to new figures.
NOV to reduce headcount by 900 jobs in Norway
National Oilwell Varco (NOV) said it will reduce its headcount by up to 900 positions as it looks to reduce costs amid the continued low oil price. The decision by the company means the number of job cuts it has made this year total around 2,400.
Workers rescued from vessel after engine fails close to North Sea platform
An investigation was to take place after three men had to be rescued from a boat near a North Sea platform. Crew members on board the daughter craft of the Grampian Courageous standby vessel were forced to call for help after the engine of the boat failed. Daughter craft are smaller, more maneuverable boats, that operate from bigger emergency response and rescue vessels.
Independent Oil and Gas secures final funding for North Sea’s Skipper well
Independent Oil and Gas (IOG)secured the final £4.75million needed for its North Sea Skipper well.
Exclusive Sir Ian Wood: ‘We were the lucky generation’
Sir Ian Wood said his generation of oil peers were the “lucky ones” and have a duty to pay it forward.
Drilling contractors facing up to long downturn
The North Sea drilling market is facing up to the prospect of lean times for at least the next two years, according an experienced industry analyst.
INEOS buys out DEA UK in North Sea gas deal, launches new firm
INEOS today confirmed it purchased all of DEA Deutsche Erdoel's UK North Sea gas fields.
Offshore Achievement Awards 2016: Innovation and cost efficiency key to the future
The founding director of WellSense has had the opportunity to see some of the designs he’s been involved in turned into multimillion pound products.
Qedi awarded Apache North Sea commissioning contract
Qedi, Amec Foster Wheeler's completions and commissioning provider, has been awarded a commissioning contract from Apache North Sea for the brownfield modifications on all its North Sea assets.
Video: Autumn statement – did the industry deserve more?
Energy Voice’s guest editor for the week, Derek Leith, breaks down the Chancellor’s latest Autumn statement. EY’s UK head of oil and gas taxation discusses whether the industry deserves as much airtime as the steel sector, cost efficiency versus taxation and what to expect next. Watch the video to find out more.
Minister launches scathing attack on failure to “protect” oil and gas sector
John Swinney has launched a scathing attack on the UK Government over its "failure" to protect the oil and gas sector.
Premier Oil seeks permit from DECC for Solan field
Premier Oil has issued a public notice after it applied to DECC (Department of Energy and Climate Change) for a permit to use and discharge chemicals in connection with the Solan field.
Shell UK charged over North Sea leak
A case against oil major Shell is expected to call at Aberdeen Sheriff Court next week after it was charged following an investigation in a leak at a North Sea platform.
Rescued North Sea owl returned to the wild
An owl rescued from a North Sea platform has been returned to the wild after it was rescued by the Scottish SPCA.
Statoil makes small discovery in North Sea
Statoil said it has completed drilling of the Tarvos exploration well offshore Norway after making a small discovery. The exploration well 34/8-16 S was drilled on the east flank of the Visund field in the northern part of the North Sea. The well had been drilled by the Songa Trym drilling rig initially but following its completion the rig’s contract had been cancelled.
Culzean FSO to be built in Singapore
Japanese company Modec has contracted out the project to build a floating storage and offloading (FSO) vessel for Maersk Oil’s £3billion Culzean gas development in the North Sea. Singapore’s Sembcorp Marine said it had secured the work to design and build the FSO, with the project being handled by its wholly-owned subsidiary Sembcorp Marine Rigs and Floaters (SMRF). Scheduled for delivery in the first quarter of 2018, the vessel will be Sembcorp’s first FSO new-build secured on a full turnkey project basis.
Safety warning issued to helicopter operators
A safety warning has been issued to helicopter operators after a fault was discovered which could potentially endanger crews. The warning was issued on Wednesday by the European Aviation Safety Agency (EASA), after a problem was found in rescue hoists. The fault was traced during a safety test on an Airbus Deutschland Helicopter MBB-BK 117 C-2.
Offshore worker airlifted from North Sea support vessel
A man had to be airlifted to hospital from a North Sea support vessel earlier this morning.
Hotel occupancy and takings in Aberdeen continue to fall
Aberdeen hotels suffered a further slump in trade in October as the wider impacts of the oil and gas industry downturn continued to hit hard, new research findings show. The latest monthly LJ Forecaster Scottish Intercity Report from tourism market specialist LJ Research says revenue per available room (revpar), a key benchmark for the sector, tumbled “unprecedentedly” below £50. Aberdeen’s revpar was £49.18, its lowest rate for several years and down by 37% on October 2014, according to LJ Research.
North Sea must accept and adapt to $50 oil says industry leader
Many working in the North Sea have still to recognise the full impact of $50 oil and the crisis affecting the sector, according to one senior industry figure.
Piper Jaffray to acquire Simmons in $139million deal
Investment bank Piper Jaffray has agreed to acquire Simmons and Co in a deal worth $139million. The company said the move represented a “major step” in its drive towards $500million in annual investment banking revenue. Piper Jaffray will acquire 100% of Simmons in the $139million deal, which will consist of $91million in cash and $48million in restricted stock.
The Norwegian Petroleum Directorate gives North Sea development green light
The Norwegian Petroleum Directorate (NPD) has given Lundin Norway the go-ahead to start-up production for its the North Sea’s Edvard Grieg field.
North Sea wildlife at risk from climate change says RSPB
A new report published today by the RSPB shows that wildlife is already being affected by climate change and these effects will only intensify over the course of this century.
Video: Subsea 7 installs pipeline for North Sea’s Montrose field
Watch Subsea 7 install a subsea gas pipeline for the North Sea's Montrose field.