Premier Oil will be “increasing its workforce” in other UK projects as the vessel which produces through its Huntington field prepares to sail off in summer.
An “interesting marriage” between North Sea oil majors and offshore wind companies is imminent and could electrify the basin, according to the man leading the charge in the north-east.
Premier Oil’s UK and North Sea boss has stepped down from the role to follow his “strong personal interest” in climate change as the firm announced a new net zero policy.
The north mainland of Shetland has suffered a major blow after around 50 staff at Scatsta Airport were told they are going to lose their jobs by the end of June.
Aberdeen head-quartered service company Tendeka will take on a multi-million-pound contract to supply sand-face completion equipment to Aker BP’s Norwegian assets.
Bringing about the energy transition needs to make “economic sense” and be socially and environmentally sustainable, according to Shell’s chief technology officer.
Every major oil firm in the UK and Norway is now engaged in talks on electrification of offshore platforms, according to energy services giant Baker Hughes.
The gradual recovery in the offshore oil and gas sector’s fortunes has been reflected in the latest traffic statistics from Lerwick Port Authority (LPA), which the organisation said showed an “improving picture” throughout 2019.
The oil and gas sector’s “most pressing challenge” is addressing gender parity and inclusion, trumping even net zero, according to an Aberdeen business organisation.
By Dale Checksfield , co-chair, Step Change in Safety OIM Network
The parallels between offshore oil and gas and Formula 1 might not be immediately apparent to all. As a sport, Formula 1 has always been a passion of mine.
Jack Welch, the champion of corporate efficiency who built General Electric Co. into one of the world’s largest companies and influenced generations of business leaders, has died. He was 84.
Oil and gas doyen Sir Ian Wood has urged the public and private sectors to work collectively and quickly to ensure “meaningful progress” is made while responding to the climate change emergency.
Total is facing “economic challenges” for a major discovery in the West of Shetland after an appraisal well yielded results “at the lower end of expectations”.
One of the world’s largest and most important energy industry gatherings was cancelled by organiser IHS Markit Ltd. on Sunday amid mounting concerns about the coronavirus outbreak. It was due to start March 9.
By Annabel Green, chief technology officer at Tendeka
Through all the buzzwords and jargon, we all recognise the value that the widespread adoption and effective application of digital technology will have in the upstream oil and gas sector.