Union survey highlights job insecurity for offshore contractors
A survey from the UK’s largest offshore union has found high levels of job insecurity among the contractor workforce in the North Sea.
oil and gas
EnerMech makes European expansion a ‘top priority’ with new director
Aberdeen-headquartered EnerMech said it is making European expansion a “top priority” with the appointment of a new director.
Profits surge at RockRose Energy in six months before Marathon takeover
RockRose Energy saw a 449% boost in earnings for the first six months of the year – before completing its takeover of Marathon Oil’s UK assets.
Oil and gas image ‘key concern’ for North Sea investor
EV Private Equity (EVPE) has highlighted that the image of oil and gas for society and investors is a “key concern” going forward.
Quanta Fabricom strengthens team after management buyout
An engineering services firm, which recently underwent a management buyout, has strengthened its leadership team with six new appointments.
Wood wins Martin Linge work
Aberdeen-headquartered Wood has been awarded a contract from Equinor for work at its under-development Martin Linge field off Norway.
Petrofac wins work at UAE’s Haliba field
Energy services firm Petrofac has won work at the Haliba field in the United Arab Emirates (UAE).
Norway’s LO union group ‘delighted’ with Bell 525 helicopter
An umbrella group for unions in Norway has said it is “delighted” after testing a new helicopter seeking to enter the North Sea.
ExxonMobil to invest £140m to fix Mossmorran plant flaring
Mossmorran bosses have announced a £140 million investment in the plant to reduce flaring.
AAB wins £800k of new upstream business
Anderson Anderson & Brown (AAB) has experienced an uplift in demand for its services in the upstream exploration and production (E&P) sector.
Bilfinger concerned over potential labour shortage within ‘two or three years’
The head of Bilfinger has said an industry labour shortage, which could materialise in “two or three years”, is among his main concerns for the oil and gas sector.
CNOOC kicks-off drilling at Howick west of Shetland
CNOOC has confirmed that it has started drilling at the Howick prospect west of Shetland.
STC Global reports 80% growth as it targets £2.4million turnover
Aberdeen-headquartered STC Global has reported 80% company growth this year, with a turnover of £1.8 million.
Hurricane Energy strikes oil at Lincoln Crestal
Hurricane Energy has confirmed it has struck oil at its Lincoln Crestal well in the West of Shetland.
Airbus expects Super Puma to fly ‘for decades to come’
Airbus has said it expects the Super Puma helicopter to fly “for decades to come” despite being shunned by the North Sea oil industry.
North Sea warned of cyber threat from workers ‘angry’ over rota changes
The North Sea oil industry has been warned of the cyber security threat from “angry” workers facing rota changes.
Saudi Aramco says ‘everybody’ will eventually be hit by cyberattacks
The world’s most profitable company told Offshore Europe delegates last week that “everybody” will eventually be hit by a cyberattack.
Dolphin Drilling hails ‘rebirth’ establishing Aberdeen as international HQ
Dolphin Drilling has hailed its “rebirth” after going debt-free and picking Aberdeen as its international headquarters.
Decommissioning ‘implies getting rid of rubbish’ – time for a new brand?
Industry leaders discussed the potential need for a “new brand” for decommissioning at Offshore Europe yesterday as it “implies you’re getting rid of rubbish”.
‘Value destruction’ of nearly £8billion after North Sea deals, says WoodMac
There has been around £8billion of destroyed value through North Sea deals between 2012 and 2018, according to WoodMackenzie.
Scottish Government warns North Sea that support is ‘conditional’ on energy transition
Nicola Sturgeon has vowed to create the world’s first pollution-free airways above the Highlands and islands as part of a package of new measures to tackle climate change.
Total sees ‘new potential’ for North Sea investment
Energy giant Total has said it sees “new potential for investments” in the North Sea off the back of exploration successes in the UK.
New beginnings as thousands descend on Offshore Europe
There was an air of new beginnings at Offshore Europe yesterday as thousands of industry experts from around the world descended on the new P&J Live venue in Aberdeen.
Strength in diversity for Wood
Energy services firm Wood is a very different animal now compared to when Offshore Europe last came around to Aberdeen two years ago.
Industry must adapt or go the way of the dinosaurs, Total CEO tells Offshore Europe
The oil and gas industry has been warned by French energy giant Total that it must adapt or go the way of the dinosaurs