Exclusive: Unrest rumbles on at North Sea firm Reabold as requsition group refuses to relent
The unrest that has dogged North Sea firm Reabold Resources (LON: RBD) for several months now appears to be showing little sign of letting up.
The unrest that has dogged North Sea firm Reabold Resources (LON: RBD) for several months now appears to be showing little sign of letting up.
The North Sea Renewables Grid (NSRG) is among the UK’s largest infrastructure investment projects, will help to decarbonise oil and gas operations, and is expected to create 10,000 jobs.
Spain’s Repsol will become the 100% owner of North Sea subsidiary Repsol Sinopec Resources UK after striking a $2.1bn deal.
The oil giant, which made over $27bn net profits last year, previously said the UK accounts for around 15% its global total.
Small is beautiful but it’s also nice to be part of something bigger. That applies to many aspects of life and is certainly a sound basis for energy policy which always has to be underpinned by security of supply.
The North Sea region is at a critical juncture in its pursuit of sustainable energy. With the impact of the energy crisis of 2022 still being felt, the offshore energy industry is faced with a challenge: how to build a cleaner, more resilient energy system that can withstand the challenges of the future. This challenge requires not only innovation and new solutions, but also a willingness to collaborate across traditional boundaries, and a shared commitment to driving the transition to a more sustainable future.
The Netherlands heavily relies on wind turbines in its energy transition — at the expense of thousands of birds that get killed by fast-spinning blades. Now officials say they have a solution to spare some of the migratory animals.
North Sea workers have captured images of their offshore picket lines as they take part in the biggest stoppage in a generation.
Former BP executive Lewis Gillies has been named CEO of the port’s new parent company.
Unite says the North Sea strikes could bring platforms to a standstill, though this has been played down by operating companies.
Production has been completely shut down on the Culzean installation, 142 miles off Aberdeen.
Documentary makers have accused Russia of having a programme to “sabotage” wind farms and communication cables in the North Sea.
Serica Energy’s (LON: SQZ) chief executive has backed the Bruce platform to keep producing for years to come, after a third life extension was announced for the namesake field.
The league table of the top 15 production hubs in the UK North Sea has seen a raft of changes in the last year.
It comes as the EU said leaving the thousands of tonnes of oil-sediment contents in place would be “environmentally and socially unacceptable”.
Unite has revealed the dates on which a “tsunami” of industrial unrest will hit the North Sea, with hundreds of workers due to down tools.
Viaro Energy has agreed to buy the majority stake in a series of North Sea fields from Hartshead Resources (ASX: HHR) in a "landmark" A$196.3m (£105m) deal.
There are concerns that other North Sea rigs could have the same issue as the Valaris 121, where 50-year-old Jason Thomas went missing in January.
But OEUK's Ross Dornan is warning that “if they were already challenging beforehand, they are even more challenging now”.
Dozens of workers for energy services giant Worley (ASX: WOR) have voted for strikes on Harbour Energy (LON: HBR) North Sea platforms.
"Energy security day" expected to include a revamped net zero strategy - though the venue of Aberdeen could change.
According to trade union Unite, this is "the biggest mandate" it has received in the offshore sector for a generation, and could threaten the UK's energy security.
When oil was first discovered in the North Sea in the 1970s, it was the beginning of a golden age for Aberdeen and life was never the same again.
Norway earned 528 billion kroner ($50 billion) from its direct ownership of oil and gas licenses last year, more than five times the amount earned in a normal year, as the country became Europe’s biggest supplier of natural gas after Russia’s invasion of Ukraine.
Signatories to a North Sea collective bargaining deal will work together to find a “constructive way forward”, after months of unrest offshore.