The offshore fleet tending to Norway’s oil industry, already sailing through the worst downturn in a generation, is in for even more pain, according to the head of the Norwegian Shipowners’ Association.
Scotland’s energy minister said today that the Scottish Government was ready to invest to stop decommissioning work going overseas.
Former Scottish secretary Alistair Carmichael said today that the decommissioning market should become a key driver of employment in Orkney and Shetland.
A groundbreaking new report predicts a steady rise in decommissioning work in the UK and Norway over the coming decade.
Oil major Shell plans to sell off part of its $3billion Norwegian business.
Sodexo has said it will cut up to 35 positions in a further round of layoffs.
Aker BP is to press ahead with new exploration in the North Sea.
Statoil has appointed a new chief operating officer as Anders Opedal moved on to lead the development of the firm’s operations in Brazil.
Aker BP is expected to press ahead with a number of major development projects after the merger between the two companies was completed.
An estimated 40,000 jobs have been lost from the Norwegian oil and gas industry, according to new figures.
Statoil today submitted a field development plan for the (5.5 billion NOK) £540million Trestakk discovery in the Norwegian Sea.
Statoil has struck a deal to acquire Wintershall's share in the Byrding interest in the Norwegian North Sea.
Statoil is being called to a second meeting with the Norwegian Petroleum Safety Authority (PSA) after it emerged IT errors had occurred at its Mongstad refinery.
Statoil’s chief executive Eldar Saetre has insisted it is safe to work offshore after a number of incidents in recent weeks.
Oil and gas authorities in Russia and Norway will share seismic data from the Barents Sea under a new agreement.
Norwegian operator Statoil widened its losses as its income for the third quarter of the year dropped to $737million compared with $883million the year previously.
Norway’s stimulus overdrive can’t last much longer now as the economy of western Europe’s biggest crude producer emerges from the oil crash, its prime minister said.
ConocoPhillips has postponed new plans to deliver new assessments for further development of the Eldfisk Bravo area to Norwegian authorities by the end of the year.
Shell has awarded a frame agreement contract to IKM for the development of multi-technical personnel.
Greenpeace said it has filed a lawsuit against the Norwegian government's decision to hand out drilling licences covering a large area of the Barents Sea.
Norway’s Labour Minister Anniken Hauglie said incident offshore must be taken seriously, after a trio of recent incidents.
Norwegian production fell nearly 20% in September, according to new Norwegian Petroleum Directorate (NPD) figures.
Statoil has made two oil discoveries in the Norwegian Sea, the Norwegian Petroleum Directorate (NPD) confirmed today.
Fears have been raised over cost-cutting in the oil and gad industry after three separate incidents over the past couple of days.
Statoil said it was dealing with a well control incident on the Songa Endurance semisubmersible drilling rig at the Troll field in the Norwegian North Sea.