By Neil McCulloch, technical and HSE director, Spirit Energy
Today is International Women’s Day. Across the globe, it’s a day for honouring the social, economic, cultural and political achievements of women - and this year it marks a call to action for accelerating gender balance.
Spirit Energy has handed in draft decommissioning proposals for two installations and associated pipelines at its South Morecambe field in the east Irish Sea.
Oil prices settling in a sweet spot of $60-70 per barrel would give North Sea firms more confidence to kick on with investment plans, industry experts have said.
Oil worker and author Katy Heidenreich believes the oil and gas sector needs to robustly “tell the story of our industry” to attract today’s best and brightest young women.
Spirit Energy’s boss said yesterday that the firm’s swoop for stakes in two North Sea licences would make it “more attractive” to potential new joint venture (JV) partners.
Back in 2015, Royal Dutch Shell Plc and BP Plc cast doubt over the future of aging oil fields offshore Norway. A crash in crude prices and high operating costs threatened to shut them early, leaving millions of barrels in the ground.