CHC beats rivals to new Taqa North Sea helicopter contract
CHC has beat its incumbent rivals to a newly-formed Taqa helicopter contract in the central North Sea.
oil and gas
ExxonMobil: Wealth manager ‘sceptical’ on crediting Engine No.1 for oil giant’s performance
A wealth management firm has said it is “sceptical” that Engine No.1 can take “all of the credit” for the share price performance of ExxonMobil.
Data collaboration ‘challenging but necessary’ for industry to meet net zero
Collaborating on the collection and use of data is a “challenging” but “necessary” step for the energy sector to reach net zero, an industry event has heard.
Repsol Sinopec slammed by HSE after gas leak and shutdown of Piper Bravo platform
The Health and Safety Executive (HSE) has condemned Repsol Sinopec following a gas leak and shutdown of the Piper Bravo platform, which came after failing to carry out major repairs.
First gas from Harbour’s Tolmount project in July, shares dip on lower output forecast
Harbour Energy has confirmed that its Tolmount development is on course to start up production at the end of next month.
Former Hurricane Energy CEO Trice banked £650K pay as firm sank to £440m losses
Robert Trice, the co-founder and former CEO of Hurricane Energy, took a total pay package of £649,000 last year as the oil firm plunged to losses of £440million.
Video: Whale stops by for ‘subsea inspection’ as oil rig drills North Sea well
A whale has been caught on video carrying out its own subsea inspection as a North Sea oil rig was spudding a well last week.
Decision expected next week on whether Offshore Europe will be postponed
Organisers of Offshore Europe, Scotland’s largest energy exhibition and conference, are running the rule over whether it should be postponed until next year.
Former RockRose CFO rejoins Andrew Austin at Kistos
The former chief financial officer (CFO) at RockRose Energy has rejoined Andrew Austin in the same role at his new venture Kistos.
‘Thank You North Face’: Oil firm trolls clothing company with ad campaign
An oil and gas company has hit out at apparent hypocrisy from clothing firm The North Face with a targeted PR campaign.
Overcoming Chemical Management Challenges in Oil and Gas
The oil and gas industry is vast, complex and heavily relies on millions of workers worldwide to keep it moving. The sector has made progress in recent years to better protect workers and tighten up safety standards, which is reflected in the decreasing number of sector-wide fatalities. As a major hazard industry nevertheless, common and health and safety exposures remain.
Report busts ‘95% myth’ on amount of recycled material from North Sea decom
The amount of materials being recycled from UK North Sea oil platforms is far lower than previously thought, according to a new report.
Majority in UK want government spending on North Sea oil redirected to renewables
Most UK adults want government spending on North Sea oil and gas redirected to renewables, according to a new campaigner survey.
Quarantine hotels to remain in place for Scottish oil workers
Quarantine hotels for oil and gas workers are to remain in place, with First Minister Nicola Sturgeon saying “public safety is paramount”.
Concern on safety-critical maintenance as Covid defers 700 days of North Sea shutdowns
A union boss has stressed the need for vigilance offshore as North Sea operators try to catch up on safety-critical maintenance work.
New figures show renewable energy supports 23,000 jobs in Scotland
Renewable energy now supports around 23,000 jobs in Scotland, with economic output of £5.2billion a year, according to a new report.
Taqa kicks off massive decommissioning project at Brae Bravo
Taqa has kicked off removal work for the Brae Bravo, one of the largest decommissioning projects in the North Sea.
Mintra appoints former Atlas boss as new CEO
Digital training and software specialist Mintra has found its new CEO in the former head of Aberdeen-based Atlas Knowledge.
Bilfinger Salamis: Unions threaten strikes over IR35 pay dispute
Unions are threatening strikes after talks stalled on an IR35 pay dispute for Bilfinger Salamis workers on North Sea assets.
Shale drillers Cabot and Cimarex baffle analysts with $7.4billion merger
The merger of Cabot Oil & Gas Corp. with Cimarex Energy Co. announced Monday has confounded investors and analysts, leaving them to question the logic behind a tie-up that the companies say will increase diversification.
Apache-Exxon decom case: Is the regulator left without options? Not necessarily
Professor John Paterson, chair in Law at Aberdeen University, gives his analysis of the Exxon vs Apache High Court case on decommissioning costs.
Exxon loses to Apache in High Court battle on £100m decommissioning bill
Exxon Mobil has lost out in a High Court battle against Apache with “far reaching implications” for North Sea decommissioning.
Pinsent Masons appoints prolific dealmaker to top oil and gas role
Law firm Pinsent Masons has appointed renowned dealmaker Rosalie Chadwick as its new global head of oil and gas.
Petrofac: Asfari takes pay cut in final year as CEO
Former Petrofac CEO Ayman Asfari took a double-digit percentage pay cut in 2020, a year blighted by Covid, loss of work and an ongoing SFO investigation.
Jobless claimant rate still going up in north-east, figures show
The number of people on unemployment-related benefits across the north-east has continued to rise sharply, new figures show.