Stena Drilling bags Petrofac North Sea contract
Stena Drilling has won a new North Sea contract with Petrofac.
oil and gas
James Fisher appoints Serco boss Angus Cockburn as new chairman
Marine services group James Fisher has appointed Angus Cockburn, one of the top bosses at Serco, as its new chairman.
Scottish Government urged to back Aberdeen in budget as oil job cuts plague region
Calls have been made for the Scottish Government not to “ignore” the concerns that face Aberdeen and the Highlands during Thursday’s budget announcement, after an oil and gas downturn and thousands of job losses have plagued the region.
Iran says it’s reviving oil output to pre-sanctions levels
Iran has started ramping up its oil production and expects to reach pre-sanctions levels in one to two months, Deputy Oil Minister Amir Hossein Zamaninia said.
Zennor goes ‘carbon neutral’ ahead of first gas from flagship North Sea field
North Sea minnow Zennor Petroleum claims to have become one of the first UK operators to go “carbon neutral” as first gas from its flagship Finlaggan field beckons.
Data stolen in ‘sophisticated’ Sepa cyber attack published online
Data stolen from the Scottish Environment Protection Agency (Sepa) in a "sophisticated" cyber attack has been illegally published online.
Scots firm Sulmara Subsea makes Asia-Pacific expansion
Scottish firm Sulmara Subsea is making an expansion drive into the Asia-Pacific (APAC) with a new office in Singapore.
Aberdeen charity issues call for donations of offshore thermals
A north-east charity is asking for donations of surplus offshore thermal wear to help its staff and service users keep warm in the depths of winter.
Baker Hughes rounds off ‘incredibly challenging’ 2020 with $15billion losses
Baker Hughes has closed out its “incredibly challenging” 2020 financial year with pre-tax losses of $15.2billion (£11bn).
Workers removed from Forties Bravo platform due to Covid
Apache has confirmed that a pair of workers have been removed from the Forties Bravo installation due to Covid-19.
Unite threatens ballot over Bilfinger Salamis pay dispute
Unite the Union is demanding a pay rise for hundreds of Bilfinger Salamis contractors who it claims “have not been paid a fair rate”.
Centrifuges Un-Limited rebrands to OSSO, appoints new CEO
Centrifuges Un-Limited has rebranded to "OSSO" and appointed a new chief executive as part of a major growth drive.
PetroStrat acquires specialist geology business unit from RPS Energy
Stratigraphic consultancy firm PetroStrat has announced the acquisition of RPS Energy’s Specialist Geology Business Unit.
Restructuring options for oil companies in 2021 – Mayer Brown
Whether dealing with failure of a major project, reacting to crises at counterparties or weighed down by oil price weakness, many companies in the oil sector will have to undertake financial restructuring in 2021.
Babcock continues to decry ‘weakness’ in oil and gas helicopter business
Babcock bosses have continued to hit out at its oil and gas helicopter business, saying “weakness” persisted through the third quarter.
Sepa cyber attack ‘likely to be by international organised cyber-crime groups’
The Scottish Environment Protection Agency (Sepa) confirmed it was continuing to respond to an ongoing ransomware attack, probably by international serious and organised cyber-crime groups.
Former senior Petrofac boss pleads guilty to further bribery charges
A former senior boss at Petrofac has pleaded guilty to further charges of bribery in a Serious Fraud Office (SFO) investigation related to contract wins worth billions of dollars.
Stena Drilling awards IDS six-figure deal for ‘world first’ fleet data system
Stena Drilling has awarded Independent Data Services (IDS) a six-figure deal to upgrade its fleet with a “world-first” data system.
Saudis curb oil supply to some buyers after vow to pump less
Saudi Arabia reduced crude oil supplies to at least 11 refiners in Asia and most buyers in Europe after the kingdom volunteered to cut its production by 1 million barrels a day for February and March.
EnQuest files £25.8m legal claim against BP over ‘unpaid invoices’ at Sullom Voe Terminal
EnQuest has launched a legal claim against BP worth nearly £26 million for allegedly failing to pay invoices relating to Sullom Voe Terminal in Shetland.
Keep an eye on your metering with EyeMet
At Swinton Technology, we specialise in flow measurement within the oil and gas industry, through the supply of flow computing systems and metering software solutions. As part of our portfolio, we provide intelligent solutions for the industry with the aim of reducing the need for human intervention and constant system and equipment monitoring. Our solutions help to prevent costs associated with downtime and allows fiscally critical decisions to be made with ease, i.e. those that reduce metering uncertainty are prioritised before less significant actions.
Bafta-winning director making documentary on 1970s ‘oil boom’ in Highlands
A Bafta-award winning filmmaker is creating a new documentary on how the 1970s oil boom transformed the fate of a small village in the Highlands.
Shell making 330 UK job cuts, majority in Aberdeen
Shell is planning 330 job cuts from its UK oil and gas business, the majority in Aberdeen, as part of its global restructuring.
Oil and gas survey reveals ‘crisis of confidence’ in the sector
A survey of oil and gas workers has spotlighted a “crisis of confidence” in the sector, ushered in by the Covid-19 pandemic.
Chapter closed on Buchan Alpha as remains broken down for recycling
The remains of the Buchan Alpha oil platform have now been broken down and sent for recycling, completing the final stage of the long-running project.